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Nissan announces exit from Russian market

Boulogne-Billancourt, October 11, 2022 – Nissan announced today its intention to sell its Russian operations.

This transaction willnot impact Renault Group’s operating margin, free cash-flow and financialoutlook.

(1) based on an averageexchange rate of 141.74 yen/euro for September

AboutRenault Group

RenaultGroup is at the forefront of a mobility that is reinventing itself.Strengthened by its alliance with Nissan and Mitsubishi Motors, and its uniqueexpertise in electrification, Renault Group comprises 4 complementary brands -Renault, Dacia, Alpine and Mobilize - offering sustainable and innovativemobility solutions to its customers. Established in more than 130 countries,the Group has sold 2.7 million vehicles in 2021. It employs nearly 111,000people who embody its Purpose every day, so that mobility brings people closer.Ready to pursue challenges both on the road and in competition, Renault Groupis committed to an ambitious transformation that will generate value. This iscentred on the development of new technologies and services, and a new range ofeven more competitive, balanced and electrified vehicles. In line withenvironmental challenges, the Group’s ambition is to achieve carbon neutralityin Europe by 2040. https://www.renaultgroup.com/en/

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