Highlights of Renault Group's 2025 Annual General Meeting
Globenewswire·2025-04-30 16:07

Core Insights - Renault Group held its Annual General Meeting on April 30, 2025, where all resolutions were adopted, highlighting the success of the Renaulution strategic plan and the Group's commitment to sustainability and employee engagement [2][5][7] Group Transformation and Strategy - The Group aims for deep transformation with a long-term vision, focusing on employee empowerment and value sharing as key priorities [3] - The transformation has led to historic results, with the best product range in three decades and a commitment to innovation and adaptability [4] Shareholder Engagement - A total of 12,212 shareholders participated in the meeting, representing 213,891,381 shares and 307,753,860 voting rights, achieving a quorum of 74.04% [5] - A dividend of €2.20 per share was approved, marking a 19% increase from the previous year, with a payout ratio of 21.5% [6][7] Employee Involvement and Welfare - The company has distributed over €2.3 billion to employees since the start of the Renaulution plan, emphasizing a proactive policy focused on rewarding employee investment [6] - Renault Group launched a unique employee share ownership plan, allowing over 90% of employees to become shareholders, increasing employee-held capital from 3.6% to 5.63% [9] Health and Training Initiatives - The Group introduced the OneHealth program to ensure equitable access to quality care for employees, aiming for 100% coverage by June 2025 [10] - The "ReKnow University" was established to provide training in key areas such as electrification and cybersecurity, having trained nearly 40,000 individuals since 2021 [12] Economic Commitment - Renault Group has invested over €14 billion in France since 2020 to modernize its sites and support local economies, creating approximately 30,000 indirect jobs within the supplier network [13][14] - The Group sold 2.265 million vehicles in 2024 and employs over 98,000 people, reinforcing its commitment to sustainable mobility solutions [16]

Highlights of Renault Group's 2025 Annual General Meeting - Reportify