Groupe Renault - 2020 Universal Registration Document

18 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 01 OVERVIEW OF RENAULT AND THE GROUP GROUPE RENAULT OVERVIEW OF RENAULT AND THE GROUP 1.1 Management bodies as at March 1, 2021 1.1.1 The Board of Directors of Renault adopted a governance method in which the functions of Chairman of the Board of Directors and Chief Executive Officer have been separated since January 24, 2019 (A detailed explanation of the mode of governance is given in section 3.1.5.). In addition, the Renault Group has adapted its management bodies from January 1, 2021 following the evolution of its organization by brands and functions. Board of Management (BoM) 1.1.1.1 On January 1, 2021, the Board of Management (BoM) replaced the Group Executive Committee (GEC). The BoM is responsible for defining and implementing Groupe Renault’s mid-term strategy, within the scope of the guidelines set by the Board of Directors. It is responsible for ensuring the competitiveness of the functions, results and profitability of the brands' operations. The BoM takes strategic, financial and operational decisions within the limits of the corporate purpose and subject to the powers expressly granted by law to Shareholders’ Annual General Meetings and the Board of Directors. These decisions are reflected in the budget, product plan, brand positioning, major investments, strategic plans for sites and partnerships. Members of the BoM may be invited to attend meetings of the Board of Directors or its specialized committees depending on the topics on the agenda. The BoM meets weekly. Members of the BoM as of March 1, 2021: the Chief Executive Officer of Renault S.A., Chairman of Renault P SAS, CEO, Renault Brand; the Deputy Chief Executive Officer, Chief Financial Officer, P Chairman of the Board of Directors of RCI Banque, CEO, MobiliZe Brand; the EVP, Group Industry; P the EVP, Group Quality; P the EVP, Group Advanced Product & Planning; P the EVP, Group Engineering; P the EVP, CEO, Dacia & Lada Brands; P the EVP, Chief Turnaround Officer; P the EVP, Human Resources, Group Prevention and Protection, P Real Estate, Facility Management, Health-Safety-Environment, Transformation and Organization, EVP, Renault Brand, HR; the EVP, Alliance Purchasing Organization (APO); P the EVP, Group Design; P the EVP, Group IS IT/Digital, EVP, Renault Brand, IS/IT. P The Brand Management Committee 1.1.1.2 (BMC) On January 1, 2021, the brands were reorganized into separate Business Units, each with its own Management Committee, known as the Brand Management Committee (BMC), and responsible for managing the profitability and performance of its operations. Representatives from the following functions are included in these committees: Human Resources, IT, sales, marketing, communication, manufacturing and logistics, quality, performance and control, product, engineering, and design.