| PRESS RELEASE November 14, 2022 |
Implementation of the share buyback programme
Boulogne-Billancourt, November 14, 2022 –
As half of the implementation of its share buyback programme, Renault Group has entrusted an funding companies supplier with a mandate to buy a most quantity of 636,000 Renault shares, relying on market circumstances, over a interval operating from November 14 as much as and together with November 18, 2022.
The function of such shares buyback is to cowl Renault’s obligations in the direction of the beneficiaries of the long-term incentive plans applied for the profit of the Group’s staff and company officers.
The description of the share buyback programme, as approved by the Annual General Meeting of May 25, 2022, beneath the 17th decision, is detailed on pages 531 of Renault Group’s 2021 Universal Registration Document.
| RENAULT GROUP | Philippine de Schonen Investor Relations +33 6 13 45 68 39 [email protected]
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About Renault Group
Renault Group is at the forefront of a mobility that’s reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its distinctive experience in electrification, Renault Group includes 4 complementary manufacturers – Renault, Dacia, Alpine and Mobilize – providing sustainable and modern mobility options to its prospects. Established in additional than 130 international locations, the Group has bought 2.7 million automobiles in 2021. It employs practically 111,000 individuals who embody its Purpose daily, in order that mobility brings individuals nearer. Ready to pursue challenges each on the highway and in competitors, Renault Group is dedicated to an formidable transformation that may generate worth. This is centred on the improvement of new applied sciences and companies, and a brand new vary of much more aggressive, balanced, and electrified automobiles. In line with environmental challenges, the Group’s ambition is to realize carbon neutrality in Europe by 2040.
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