Groupe Renault - 2020 Universal Registration Document

291 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 03 COMPOSITION, PREPARATION AND ORGANIZATION OF THE BOARD OF DIRECTORS 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 adopted the management report of the Board of Directors and the P Corporate Governance Report for financial year 2019, pursuant to Articles L. 225-100 and L. 225-37 of the French Commercial Code; analyzed and approved the responses to written questions P submitted by shareholders of the Company prior to the Annual General Meeting. Accounts and budget In 2020, the Board of Directors notably: approved the consolidated financial statements of Groupe Renault P and the financial statements of the Company and Renault s.a.s. for the 2019 financial year; established the allocation of 2019 earnings proposed to the P Annual General Meeting of shareholders. It is noted that in the context of the global COVID-19 pandemic, and in the interest of responsibility towards all Group stakeholders, who have made considerable efforts or suffered the effects of an unprecedented crisis, the Board of Directors of Renault decided to no longer propose the distribution of a dividend at the 2020 Annual General Meeting. This decision has been approved by the Annual General Meeting; examined the consolidated financial statements for the first P quarter of 2020; examined the 2021 budget; and P examined the Group's liquidity situation and credit rating. P Related-party agreements During its meeting held on February 13, 2020, the Board of Directors: confirmed that, with the exception of the non-compete P undertaking and a pension commitment concerning the post-office benefits of Mr. Thierry Bolloré, which were terminated at the time of his departure, no regulated agreements were entered into during the 2019 financial year; and re-examined the related-party agreements entered into and P authorized during previous financial years, the performance of which continued during the 2019 financial year. During its meeting held on February 13, 2020, the Board of Directors, on the recommendation of the Governance and Compensation Committee, also adopted an internal procedure on the classification of agreements entered into by the Company and allowing to assess agreements on current operations and entered into under normal conditions, pursuant to Article L.225-39 of the French Commercial Code resulting from French Law No. 2019-486 of May 22, 2019 (for details on this procedure, see chapter 3.1.9 of the Universal registration document). For further details on the related-party agreements and undertakings of Renault S.A., see chapter 4.3.2 of the Universal registration document. Finally, with regard to Renault s.a.s., no regulated agreement or undertaking was entered into during the 2020 financial year.