2024 Governance Roadshow

APRIL 2024

1

2023 Results

&

2024 Outlook

2

2023 : breaking records and strong improvement

Operating margin

Free cash flow

In percentage of Group revenue

7.9%

5.5%

2.8%

In billion euros

2.1

0.9

3.0

-1.0%

2020(1)

2021 (1)

2022(2)

2023

-4.8

2020(1)

2021 (1)

2022(2)

2023

(1)

Adjusted to reflect the exit from Russia

3

(2)

After IFRS 17 restatement

The Alliance re-ignited: focused on operations

4

Value creation shared with our shareholders :

increased dividend to €1.85 per share

PRIORITY:

RETURN TO

INVESTMENT

GRADE

0.25

per share

2023

(based on FY 2022 result)

Proposed dividend of

1.85 per share,

payable in cash

17.5%

2024

(based on FY 2023 result)

DIVIDEND POLICY

Progressive ramp-up to

35% payout ratio

on Group consolidated net income parent share

35%

Mid-term

FY 2023 dividend pending Shareholders' General Meeting approval

5

Value creation shared with our people: employee

shareholding plan #2

Renaulution

Employee

Employee

Shareplan

shareholding(1)

shareholding

2030 ambition

>95,000

employees benefitted from

8 free shares in 2023

&

>38,000

employees subscribed to shares

at a preferential price

5.1%10%

vs. 3.8% as of Dec. 31, 2022

6

2024 financial outlook

Operating margin

Free cash flow

7.5%

≥€2.5bn

7

Playing offense…

10 launches in 2024

Scenic E-Tech

Rafale

Renault 5 E-Tech*

KardianSymbioz

Master

D-SUV South Korea

(*) Prototypes - illustrative

10 new vehicles launches in 2024 without Renault Duster (outside Europe) and Captur facelift

Duster

A290*

Spring

Electric vehicle (100% electric exclusively

or as part of the powertrains proposed for Renault Master)

8

…the best defense

Cost reduction

EV

competitiveness

40% cost reduction program

to reach EV/ICE price parity

before competition(1)

Twingo

Developed in ~2years

Costs -40% vs. Renault 5

Industrial base transformation

Production cost reduction

by 2027

-30% on ICE & hybrid

-50% on EV

270m savings in 2023

thanks to predictive maintenance

Energy

efficiency

Consumption reduction

in the plants

2025 vs. 2021, per vehicle

-30% target Worldwide -40% target in France

-20% achieved as of 2023

(1) 40% cost reduction by 2027/2028 between the 1st and the 2nd generation of C-segment electric vehicles.

9

The EV/ICE price parity is expected to be reached by 2027/2028 with the 2nd generation.

2

2024 AGM & Board and Committees composition

10

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Renault SA published this content on 15 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2024 17:21:06 UTC.