Renault Group strengthens value sharing through employee share ownership

Core Points - Renault Group is renewing its employee share ownership plan for the fourth consecutive year, emphasizing value sharing and employee involvement in the company's performance and long-term strategy [1] - Nearly 100,000 eligible employees across 30 countries will receive three free shares, reinforcing the Group's commitment to social responsibility and recognizing employees as key drivers of long-term success [1][7] - Eligible employees in 24 countries can purchase shares at a preferential price of €31.34, reflecting a 30% discount from the reference price of €44.76 [2][7] - For every share purchased, employees will receive three additional free shares, resulting in a total of seven shares for an investment of €31.34, equating to a gross benefit of €281.98 [3][7] - Employee investment is capped at 25% of their estimated gross annual salary for 2025, ensuring a structured approach to participation [3] - As of December 31, 2024, employees held 5.63% of Renault Group's share capital, indicating a growing trend in employee ownership [7] Company Overview - Renault Group operates in 114 countries and sold 2.265 million vehicles in 2024, employing over 98,000 people [5] - The Group is focused on sustainable and innovative mobility solutions, with a commitment to achieving carbon neutrality in Europe by 2040 [6] - The Renaulution Shareplan aims to create an inclusive and participative company model, further enhancing employee engagement and ownership [7]