Groupe Renault - 2020 Universal Registration Document

315 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 03 COMPENSATION OF DIRECTORS AND CORPORATE OFFICERS GROUPE RENAULT GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY CORPORATE GOVERNANCE FINANCIAL STATEMENTS RENAULT AND ITS SHAREHOLDERS ANNUAL GENERAL MEETING OF RENAULT ON APRIL 23, 2021 ADDITIONAL INFORMATION Compensation components submitted for approval Amounts paid during the past financial year Amounts awarded in respect of the past financial year or book value Presentation Termination benefit N/A N/A The interim Chief Executive Officer does not benefit from any termination benefit. Non-compete indemnity N/A N/A Renault SA has not signed a specific non-compete agreement with Ms Clotilde Delbos in respect of her corporate office. Ms Clotilde Delbos is bound by a non-compete agreement in respect of her employment contract with Renault s.a.s. Top-up pension scheme €0 The interim Chief Executive Officer benefits from a top-up pension scheme identical to that arranged for the members of the Group Executive Committee (the so-called “Article 83” and “Article 82” plans). Mandatory defined-contribution pension scheme (Article 83) a ) The contributions represent: 3.5% of the gross annual compensation between four and eight times the French P Social Security cap (Band C), paid 2.5% by the Company and 1% by the interim Chief Executive Officer; then 8% of the gross annual compensation between eight and sixteen times the P French Social Security cap (Band D), paid 5% by the Company and 3% by the interim Chief Executive Officer. The total amount of the contributions (both Company’s and officer’s share) is capped at a lump sum equal to 8% of eight times the French Social Security Cap. For the 2020 financial year, the contribution ceiling having been reached as a result of the amounts contributed under Ms Clotilde Delbos' employment contract with Renault s.a.s, the Company's contribution for her corporate office as interim Chief Executive Officer amounted to €0. Optional defined-contribution pension scheme (Article 82) b ) The interim Chief Executive Officer benefits from the new defined-contribution pension scheme (Article 82) which was set up from July 1, 2020 for the benefit of the corporate officers and members of the Group’s Executive Committee. This new scheme provides for the payment by the Company to a third-party entity (an insurer) of contributions equal to 12.5% of the gross annual compensation (fixed and variable) actually received. For the 2020 financial year, these contributions to the insurer amounted to €20,307 for the benefit of the interim Chief Executive Officer. The contributions paid in this way do not benefit from any preferential tax or social security regime. For this reason, the interim Chief Executive Officer receives a lump-sum indemnity equal to the amount of the contribution paid on her behalf to the insurer. Payment of this indemnity to the interim Chief Executive Officer is concomitant to the payment of the contribution to the insurer and amounted to €20,307 for the 2020 financial year. The contributions and lump-sum indemnity amounts will be dependent on the Company’s performance insofar as the calculation basis includes the variable portion of the compensation which is related to the Group’s results. Compensation components of Ms Clotilde Delbos in respect of her employment contract with Renault s.a.s It is recalled that when Ms Clotilde Delbos was appointed as interim Chief Executive Officer, the Board of Directors decided to maintain her employment contract as Group Chief Financial Officer with Renault s.a.s and the associated compensation, given the exceptional circumstances and transitory nature of the situation. Pursuant to her employment contract with Renault s.a.s, the compensation elements and benefits of any kind paid to Ms Delbos in respect of the 2020 financial year are as follows: annual fixed compensation in respect of the 2020 financial year of P €556,293 paid in twelve monthly instalments; Renault s.a.s employees, in April 2021, after taking into account the assessment of individual objectives; variable compensation of €476,232 allocated in respect of the P 2019 financial year and paid in 2020; variable compensation in respect of the 2020 financial year will be determined, as for all long-term compensation allocated in respect of the 2020 financial P year in the form of 20,000 performance shares; a profit-sharing payment of €30,393 in respect of the 2019 P financial year paid in 2020; other benefits (two company cars) valued at €8,637 in respect of P the 2020 financial year; a non-compete agreement; and P the benefit of a top-up collective pension scheme arranged for the P members of the Groupe Renault’s Executive Committee which includes a mandatory defined-contribution scheme (Article 83) and an optional defined-contribution scheme (Article 82). These compensation components related to the employment contract and not the corporate office are not submitted for shareholders' appproval at the Annual General Meeting on April 23, 2021.