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Hiring, new vehicles: Renault Group bets on France!

• Nearly 1,000 new hires since the beginning of the year at Renault Group plants and technology centers in France • The future electric Renault 4 produced in Maubeuge and the future electric Renault Scénic in Douai, at the ElectriCity center in Hauts-de-France (North of France) • Final signature with the trade unions of the purchasing power agreement in France: more than €1,000 net for most employees from October

Renault Group is betting on France and developing its business in the countryin line with the commitments made in the three-year "Re-Nouveau France 2025" tradeunion agreement. The Group has already hired nearly 1,000 people in Francesince the beginning of 2022, out of the 2,500 planned for the 2022-2024agreement period.

In the regional factories, Renault Group has made 700 new hires to support the gradual introduction of nine new vehicles in France,most of them 100% electric, and the ambition to produce more than 700,000vehicles per year in France. Between now and the end of the year, the Groupplans to hire 700 more people at its nine French manufacturing sites for jobsthat have evolved considerably and now include more and more electrification,digitalization, data analysis (predictive maintenance and digital simulation offlows, for example) and energy management.

Thetransformation of the Group also requires a diversification of skills. Withthis in mind, 280 people have been recruited in engineering, technology andservices. For example, 150 people are currently being recruited to meet thechallenges of the "Software Defined Vehicle", spread over the threesites integrated into the "French Tech" ecosystems and bringingtogether software skills: Technocentre in Guyancourt, Software Labs in SophiaAntipolis in Nice and Software Labs in Toulouse. At the same time, as part ofthe agreement, Renault Group has launched the E-Lardy project to convert theLardy technical engineering site in the Paris region to electric power.

The Group isalso continuing to transform the skills of its employees and support those inthe sector towards the new value chain of the automotive industry thanks to theReKnow University and the objective of training and retraining nearly 15,000people by 2025.

“Through constructive social dialogue and by improving our industrialfacilities, we are showing that it is possible to wage the battle forcompetitiveness in France. We are placing France at the heart of our electricalactivities, with new hires in our plants and technology centers, and theassignment of emblematic models such as the future Renault 5, Renault 4 andScénic electric vehicles. We are doing all of this while remaining true to thesocial values of the Renault Group, with the concrete desire to support ouremployees in the transition to the new automotive professions, from electric tosoftware. At Renault, we are proud to make together the bet of France ”, said Luca de Meo, CEO of Renault Group.

New iconic vehicles produced in France

Renault Group is definitely placing France at theheart of its electric industrial activities: the future Renault 4 Electricand the future Renault Scénic Electric will be produced in the ElectriCityplants in Hauts-de-France (North of France).

The Renault ElectriCity division has thus beenentrusted with the production of: Megane E-TECH Electric, New Kangoo E-TECHElectric, the future Renault 5 Electric, the future Renault Scénic Electric,the future Renault 4 Electric and the electric model that will replace theNissan Micra.

In addition, theGroup reminds that the Dieppe plant will manufacture the future Alpine GTcrossover, the Sandouville plant the new electric Trafic and the Batilly plantthe replacement for the Master as well as a partner vehicle.

Le Mans will receivethe chassis activities related to the new vehicles.

The Cléon mechanicalplant, which already produces the " ePT-160kW " motor for the MeganeE-Tech Electric, will manufacture the future " ePT-100 kW " electricmotor for the Renault 5 Electric and, from 2027, the new generation 200 kWelectric motor, designed without rare earths and developed in partnership withValeo. In less than two years, the plant will have a production capacity ofmore than one million electrified motors per year.

Agreement for immediate "purchasing power" assistance for allemployees

Based on regular and constructive social dialogue, Renault Group hasjust signed a global agreement with the representative trade unions CFE-CGC,CFDT and FO to support purchasing power for all its employees in France.

Starting inOctober, Renault Group will provide its employees with support in threepriority areas: everyday expenses, transportation and health. To this end,all company employees will benefit from an exceptional bonus of €500, to whichwill be added a €100 transport bonus, free health insurance for three monthsand the possibility of monetizing three days of RTT with a 25% increase. Thesesolutions represent a total amount of €1,000 for most employees by theend of the year.

In addition,management has made a commitment in this agreement to bring forward the 2023annual salary negotiations to December 2022 instead of February of next year.

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