Groupe Renault - 2020 Universal Registration Document

GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 23, 2021

CORPORATE GOVERNANCE

GROUPE RENAULT

FINANCIAL STATEMENTS

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

COMPENSATION OF DIRECTORS AND CORPORATE OFFICERS

PRESENTATION OF THE RATIOS

2020

2019

2018

2017

2016

Annual compensation Variation (N/N-1) in %

-

-

€5,521,258

€7,292,183

€7,380,125

-24%

-1%

2%

Ratio / average compensation of employees

CHAIRMAN AND CHIEF EXECUTIVE OFFICER

92

121 -3% 152 -4%

125 -1% 158

Variation (N/N-1) in %

-25%

Ratio / median compensation of employees

115

03

Variation (N/N-1) in % Annual compensation Variation (N/N-1) in %

-24%

0%

€378,975

€453,499

-

-

-

-16%

Ratio / average compensation of employees

CHAIRMAN OF THE BOARD OF DIRECTORS

7

7

-

-

-

Variation (N/N-1) in %

-8%

Ratio / median compensation of employees

8

9

-

-

-

Variation (N/N-1) in % Annual compensation Variation (N/N-1) in %

-9%

€2,606,926

€3,401,812

-

-

-

-23%

Ratio / average compensation of employees

47

56

-

-

-

CHIEF EXECUTIVE OFFICER

Variation (N/N-1) in %

-15%

Ratio / median compensation of employees

58

70

-

-

-

(Évolution / N-1)

-17%

Average compensation Variation (N/N-1) in % Median compensation Variation (N/N-1) in %

€55,124

€60,823

€60,324

€60,107

€58,843

-9%

1%

0%

2%

3%

EMPLOYEES

€ 44,851

€ 48,824

€ 48,018

€ 47,969

€ 46,591

-8%

2%

0%

3%

2%

Group operating margin, in %

-0,8% -113%

4.8% -24%

6.3%

6.4%

6.4% 23%

GROUP PERFORMANCE

Variation (N/N-1) in %

-2%

0%

The decrease in the Chief Executive Officer's compensation in 2020 is mainly explained by the absence of variable compensation payments to Mr. Luca de Meo in 2020 (given his arrival on July 1, 2020) and by a lower valuation of the performance share plan (given the decline in the share price).

The decrease in average and median compensation of employees in 2020 is mainly explained by the decrease in variable compensation (bonuses and profit-sharing) and by the impact of partial activity (which reduces the gross compensation taken into account for this ratio, even though net compensation of employees has been maintained pursuant to the agreements implemented to protect employees against the consequences of the health crisis).

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GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020