Groupe Renault - 2020 Universal Registration Document

476 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com FTT: Functional Task Teams: a team consisting of representatives from Renault and Nissan who share their expertise in processes, standards and management tools within the framework of the Alliance. Fuel cell: Consisting of a nucleus and a single electron, hydrogen is the simplest and lightest of the elements. It is 14 times lighter than air. In a fuel cell, hydrogen and oxygen are brought into contact on either side of a polymer electrolyte membrane. They combine to produce water, the only “emission” of the engine, which generates electricity and heat. It is this electrical energy that powers the vehicle’s electric engine. G GEC: The Group Executive Committee, which is in charge of the Company’s strategic directions and decisions, was renamed Board of Management (BoM) in January 2021. Groupe Renault: building on its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, the Groupe Renault relies on the complementarity of its five brands – Renault, Dacia, Lada, Alpine and Mobilize – and offers its customers sustainable and innovative mobility solutions. With operations in more than 130 countries, it now has more than 170,000 employees and sold 2.95 million vehicles in 2020. H HSE: Renault created an HSE division (Health, Safety, Environment) on September 1, 2016. Its task is to converge policies on working conditions, health, safety and the environment. The task of this new entity is to carry out the Group’s HSE governance by defining an overall policy and ambitious progress targets in respect of safety and working conditions, ergonomics, industrial health and the environment in collaboration with corresponding functions. K KPI: Key performance indicators. KPIs are used to measure the Company’s performance. They provide an overview of the Group’s performance, which is reported monthly to the GEC. KPIs are the main tool for performance management in each geographical region or business line. L LAB: Laboratory of Accidentology, Biomechanics and Human Behavior. The LAB reflects will to improve road safety by combining several scientific disciplines at the crossroads between physics and human sciences. The accidentology and driver behavior teams analyze the causes and effects of road accidents with a view to improving prevention. The biomechanics team works toward better occupant protection. M Materiality Matrix: the Materiality matrix is a tool which enables prioritization of extra-financial stakes with strategic reach. By conducting a materiality analysis, the Company works on the subjects that have a (potentially) extensive and significant impact on its business model, and then translate these (as far as possible) into indicators. The methodology used must be comprehensible, reproducible and transparent. The Monozukuri is the indicator that measures performance growth for the Purchasing, Warranty, R&D, Production and Logistics business activities over the current year versus the previous year. It is calculated excluding changes in raw materials, mix effects, enrichment, volume and currencies. N NEDC: the NEDC (New European Driving Cycle) is a standardized driving cycle and test procedure used to measure the emission levels and fuel economy of all types of vehicles in Europe. The NEDC is thus an objective criterion for assessing the performance of models by different manufacturers. The vehicle is put on a roller test bench and put through the same urban cycle three times (cycle ECE-15), followed by one non-urban cycle. The average of the four cycles is the average fuel economy. O Open Innovation Lab: the creation of Open Innovation Labs is part of the Renault-Nissan Alliance’s innovation culture and strategy: they enable innovation opportunities to be cultivated based on an open eco-system comprising start-ups, universities and investors and a local economy such as local authorities, associations, customers and markets. These laboratories bring together in one place the three pillars of open innovation: the socialization of knowledge (events, conferences, think tanks, meet-ups), creativity and innovative design methods (design thinking, Fablab) and new economy leveraging (acceleration of start-ups, collaborative and open modes and platforms). Since March 2017, there are three around the world (Silicon Valley, Tel Aviv and Paris). Operating income: includes all revenues and costs directly related to the Group’s activities, whether recurrent or resulting from non- recurring decisions or operations, such as restructuring costs (see operating margin).