Success of the Renault Group shareholding plan

Boulogne-Billancourt, 9 January 2023 – Renault Group announces the success of its Renaulution Shareplan, which ran from 24 November to 12 December 2022, for Group employees. This plan included the attribution of 6 free shares to all eligible employees in 29 countries, and an additional offer in 21 countries to acquire shares at a 30% reduction, at a price of 22.02 euros.

“We are pleased with the success of the Group's employee shareholding operation. It attests to the confidence of our employees in our Renaulution plan and in the strategic orientations announced last November. With employee shareholding, all our teams benefit from the value we create and are associated with the Group's performance over the long term. The Group's employees will hold approximately 4.7% of the capital at the end of the Renaulution Shareplan operation. This is another important step in our ambition to reach 10% employee ownership by 2030.” said Luca de Meo, CEO Renault Group.

In total, the Renaulution Shareplan operation will enable the transfer to Group employees of approximately 2,698,190 additional shares, representing 0.91% of Renault SA's share capital, held through an employee mutual fund (FCPE) or, in some countries, directly in a registered account.

As part of the plan, the contributions¹ offered by Renault Group amount to more than 812,608 shares² which will be given free of charge to the Group's 95,396 employees on 7 February 2023.

40,307 employees also subscribed to additional shares, investing an average of 1,160 euros per person. This subscription represents 41,520,000 euros, or 1,885,590 shares.

1 - Unilateral contribution equivalent to 6 shares and additional contribution of 300% limited to the equivalent of 6 shares in case of subscription.
2 - Raw number of shares.