Groupe Renault - 2020 Universal Registration Document

408 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 04 CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS RELATED PARTIES NOTE 27 Remuneration of directors and executives and Executive Committee members 27 - A - The table below reports the remuneration paid to the Chairman of the Board of Directors, the Chief Executive Officer and the interim Chief Executive Officer (2020), Directors and Executives and members of the Group Executive Committee, which became the Board of Management on January 1, 2021. Amounts are allocated pro rata to expenses of the periods in which the functions were occupied. (€ million) 2020 2019 2018 Basic salary 6.5 6.0 5.5 Variable remuneration 7.4 4.6 7.4 Employer’s social security charges 12.1 8.6 11.1 Complementary pension and retirement indemnities 2.1 1.1 9.5 Agreed indemnities 9.4 7.8 - Other components of remuneration 0.2 0.2 0.5 TOTAL REMUNERATION EXCLUDING THE IMPACT OF THE SETTLEMENT IN 2019 OF THE SUPPLEMENTARY PENSION PLAN AND STOCK OPTION AND PERFORMANCE SHARE PLANS 37.7 28.3 34.0 Stock-options, performance shares and other share-based payments 3.6 11.3 16.1 TOTAL EXCLUDING THE IMPACT OF THE LIQUIDATION IN 2019 OF THE SUPPLEMENTARY PENSION SCHEME 41.3 39.6 50.1 Impact of the settlement in 2019 of the supplementary pension plan - (30.1) N/A TOTAL COMPENSATION OF THE CHAIRMAN AND MEMBERS OF THE EXECUTIVE COMMITTEE 41.3 9.5 50.1 The maximum Directors’ fees amounted to €1.5 million in 2020 (€1.5 million in 2019) In 2019, the collective supplementary defined-benefit pension plan set up for members of the Group’s Executive Committee was terminated. The accounting effects of its settlement are presented on a specific line of the table above in order to facilitate cross-period comparisons. Renault’s investments in associates 27 - B - Details of Renault’s investments in Nissan and in other companies accounted for by the equity method are provided in notes 12 and 13-A. Transactions with the French State and public 27 - C - companies €40 million at December 31, 2020 (respectively €53 million, €403 million and €26 million at December 31, 2019). In the course of its business, the Group undertakes transactions with the French State and public companies such as UGAP, EDF and La Poste. These transactions, which take place under normal market conditions, represent sales of €259 million in 2020 (€257 million in 2019), an automotive receivable of €72 million, a sales financing receivable of €282 million and a financing commitment of In 2020, the Group benefited from a State-guaranteed credit facility, issued by a pool of banks as described in note 23-C. Transactions with unconsolidated controlled 27 - D - entities A certain number of controlled entities are not consolidated, as explained in note 2-C, because their contribution to the consolidated financial statements is considered non-significant (note 17). The only company with sales of more than €100 million and/or a balance sheet value of more than €100 million is Renault-Nissan Global Management, which manages Renault’s expatriates. In 2020, the Groupe Renault’s expenses with this company amounted to approximately €185 million (€255 million in 2019). In the Group’s financial position at December 31, 2020, the balances of transactions between Renault-Nissan Global Management and the Groupe Renault consist mainly of operating receivables amounting to €116 million (€120 million at December 31, 2019) and operating payables amounting to €61 million (€59 million at December 31, 2019).