Groupe Renault - 2020 Universal Registration Document

321 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 PRESENTATION OF THE RATIOS 2020 2019 2018 2017 2016 CHAIRMAN AND CHIEF EXECUTIVE OFFICER Annual compensation - - €5,521,258 €7,292,183 €7,380,125 Variation (N/N-1) in % -24% -1% 2% Ratio / average compensation of employees 92 121 125 Variation (N/N-1) in % -25% -3% -1% Ratio / median compensation of employees 115 152 158 Variation (N/N-1) in % -24% -4% 0% CHAIRMAN OF THE BOARD OF DIRECTORS Annual compensation €378,975 €453,499 - - - Variation (N/N-1) in % -16% Ratio / average compensation of employees 7 7 - - - Variation (N/N-1) in % -8% Ratio / median compensation of employees 8 9 - - - Variation (N/N-1) in % -9% CHIEF EXECUTIVE OFFICER Annual compensation €2,606,926 €3,401,812 - - - Variation (N/N-1) in % -23% Ratio / average compensation of employees 47 56 - - - Variation (N/N-1) in % -15% Ratio / median compensation of employees 58 70 - - - (Évolution / N-1) -17% EMPLOYEES Average compensation €55,124 €60,823 €60,324 €60,107 €58,843 Variation (N/N-1) in % -9% 1% 0% 2% 3% Median compensation € 44,851 € 48,824 € 48,018 € 47,969 € 46,591 Variation (N/N-1) in % -8% 2% 0% 3% 2% GROUP PERFORMANCE Group operating margin, in % -0,8% 4.8% 6.3% 6.4% 6.4% Variation (N/N-1) in % -113% -24% -2% 0% 23% The decrease in the Chief Executive Officer's compensation in 2020 is mainly explained by the absence of variable compensation payments to Mr. Luca de Meo in 2020 (given his arrival on July 1, 2020) and by a lower valuation of the performance share plan (given the decline in the share price). The decrease in average and median compensation of employees in 2020 is mainly explained by the decrease in variable compensation (bonuses and profit-sharing) and by the impact of partial activity (which reduces the gross compensation taken into account for this ratio, even though net compensation of employees has been maintained pursuant to the agreements implemented to protect employees against the consequences of the health crisis).