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Nissan contributes € 49 million for first quarter 2022 to Renault’s earnings

Nissan released today its results for the fourth quarter of fiscal year 2021/2022 (April 1st, 2021 to March 31st, 2022).

), afterIFRS restatements, will have a positive contributionto Renault’s first quarter 2022 net income estimated at € 49 million (1).

As announced onMarch 23, 2022, impairment losses on our Russian’s assets have been accountedfor as of March 31, 2022 and taken into account by Nissan for their share inRenault Group (i.e. 15%) in their Japanese GAAP financials published today.

(1) based on an average exchange rate of 130.5 yen/euro for the period underreview.

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