Renault Group appoints François Provost as Chief Executive Officer and Director

Company Leadership - Renault Group has appointed François Provost as Chief Executive Officer and Chairman, effective July 31, 2025, for a term of four years [1] - François Provost has 23 years of experience within the Group, previously serving as Chief Procurement, Partnerships and Public Affairs Officer, and has held various executive roles across Europe and Asia [2][4] Strategic Vision - The Board of Directors expressed confidence in François Provost's ability to lead the Group through a rapidly changing industry, emphasizing the need for strategic vision and innovation [3] - Provost highlighted the Group's strong fundamentals, including committed teams, a diverse product range, and an innovative organizational model, which will support its transformation in a demanding environment [3][4] Company Performance - Renault Group sold 2.265 million vehicles in 2024 and employs over 98,000 people, focusing on sustainable and innovative mobility solutions [6] - The Group aims to achieve carbon neutrality in Europe by 2040, aligning with environmental challenges and emphasizing the development of new technologies and electrified vehicles [7]