Groupe Renault - 2020 Universal Registration Document

299 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 Strategy Committee 3.1.6.4 NUMBER OF MEMBERS NUMBER OF MEETINGS MEMBERS AS OF DECEMBER 31, 2020 6 vs 8 4 vs 3 Ms. Winkler* (Chairwoman) P Ms. Barba* P Ms. Bensalah-Chaqroun* P Mr. Courbe P Mr. Gentil** P Mr. Ostertag** P 2020 2019 2020 2019 PERCENTAGE OF INDEPENDENT DIRECTORS** ATTENDACE RATE Independent Director. * The Director representing employee shareholders and the ** Director representing employees are not taken into account for the calculation of the independence rate in accordance with the recommendations of the AFEP-MEDEF Code. 75% vs 66.7% 77.1% vs 79.2% 2020 2019 2020 2019 Composition The Board Charter lists the principles governing the composition of the Strategy Committee. Excerpt of the Board Charter provisions governing the composition of the Strategy Committee The committee shall consist of three (3) to eight (8) members Directors. Directors who are members of the committee must appointed by the Board. The Chair of the committee shall be have (i) in-depth knowledge of the industrial or digital sector or appointed by the Board, on the proposal of the Governance and (ii) specific skills in international development. Compensation Committee, from among the Independent Missions Excerpt of the Board Charter provisions governing the missions of the Strategy Committee The Strategy Committee’s main duty, as part of the work of the Board of Directors, shall be to regularly review the overall strategy of the Group and the Alliance, including, but not limited to, the following: mergers and acquisitions, disposals, strategic and partnership P agreements that have a material impact on the strategy of the Group and the Alliance; the strategy as regards product and technology development; P the competitiveness of production sites and of their supplier P base; growth and financial strategy; P the Group’s geographical expansion strategy; and P and to make recommendations to the Board of Directors in this P respect. Committee activity The committee met four times in 2020. The committee meets three or four times a year in rather long meetings in order to examine Group strategic issues in depth. The attendance rate was 77.1% (for details of attendance rate for each individual director, see chapter 3.1.2 of the Universal registration document). In particular, the committee examined the following topics: the overall Renault strategy (including carbon neutrality); P the Group strategy for China; P the outlook for the automotive industry and strategic P considerations for 2019-2030; the Group's strategic initiatives; P brand vision and image; P the Group's situation in the context of the COVID-19 crisis; P the "2o22 plan" for reducing fixed costs. P The Strategy Committee devoted several meetings to the new strategic plan, Renaulution. The Committee carefully examined topics related to income management, fixed and variable costs, the industrial project in northern France, the Group's international strategy, platform strategy and mobility.