RENAULT GROUP AT THE CHANGENOW 2023 SUMMIT TO SHARE ITS DECARBONIZATION AND CIRCULAR ECONOMY STRATEGY

–Renault Group will be present at the ChangeNOW Summit to be held at theGrand Palais Ephémère (Paris) from Thursday, May 25 to Saturday, May 27, 2023.Organized since 2017, ChangeNOW is a three-day summit that brings together themost innovative solutions for the planet and highlights those who concretelyrespond to the social and environmental challenges we face today.In the circular economy area, Renault Group will present on its stand its strategy fromeco-design to recycling, including manufacturing and use, as well as itsroadmap for decarbonizing its activities.

IMPORTANT MEETINGS

Thursday, May 25

- From 16:15 to 17:30 - Round table on "RethinkingMobility and Transport", with David Holderbach, CEO HYVIA.

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At a time of energy transition and the fight against pollution and globalwarming, in a context marked by the scarcity of resources and while the Frenchaspire to new lifestyles combining proximity, social justice and ecology,"Can we still love cars? “.

This is the question that this Tribunal pour les Générations Futures willtry to answer with the enlightenment of experts from the academic world andrepresentatives of Renault Group, including Cléa Martinet, Director ofSustainable Development, and a jury made up of 7 personalities from theinstitutional, scientific, associative, and automotive worlds.

Friday,May 26

-From15:45 to 17:00 - Round table on the theme "Business transformationthrough environmental issues", with Jean-Philippe Bahuaud, CEO TheFuture Is NEUTRAL..

A DECARBONISATION STRATEGY FOCUSED ON THE VEHICULE’S LIFE CYCLE

For severaldecades, the Grouphas focused its decarbonization policy on the entire life cycle of thevehicle, fromdesign, manufacture, use and recycling. This pioneeringcommitment to limiting the impacton the climate and resourceshas reduced the Group'soverallcarbon footprint by 25% between2010 and 2022. A result that puts thecompany on track to aim for carbon neutrality in 2040 in Europe andby 2050 on a global scale.

As earlyas 1949, the Choisy-Le-Roi plant specialized in repairing mechanical parts toextend their service life. In 2008, the company was already investing in the developmentof recycling channels (Indra, Gaia,Boone Comenor). Through the Refactory project in Flins inthe circular economy, the Group has been demonstrating since 2020 that it ispossible to positively transform the automotive industry. Finally, with thecreation in 2022 of a dedicated entity, The Future Is NEUTRAL,the Group aims to rapidlyincrease the need for recycled materialsin the automotive sector and aims to become the European leader in the automotivecircular economy in a closed loop, that is, from the automobile to theautomobile.

To actquickly and on all fronts of change, the Group has chosena new organizational modelcomposed of 5 teams mobilized oneach chain of strategic value and in collaboration with many partners. Thus, eachteam has its own sustainable development objectives and supports the Group'stransformation to build a next-generation automotive company. With a commonvision: themobilityof the future must be low-carbon, responsible and safe, driven byenvironmentally and socially just innovation.

About RenaultGroup

Renault Group is at the forefront of amobility that is reinventing itself. Strengthened by its alliance with Nissanand Mitsubishi Motors, and its unique expertise in electrification, RenaultGroup comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize -offering sustainable and innovative mobility solutions to its customers.Established in more than 130 countries, the Group has sold 2.1 million vehiclesin 2022. It employs nearly 111,000 people who embody its Purpose every day, sothat mobility brings people closer. Ready to pursue challenges both on the roadand in competition, Renault Group is committed to an ambitious transformationthat will generate value. This is centred on the development of newtechnologies and services, and a new range of even more competitive, balancedand electrified vehicles. In line with environmental challenges, the Group’sambition is to achieve carbon neutrality in Europe by 2040. https://www.renaultgroup.com/en/