Renault Group Midterm Plan "futuREady" Conference Call Summary Company Overview - **Company**: Renault Group - **Plan**: "futuREady" - **Duration**: Midterm plan focusing on growth, profitability, and operational excellence Key Points and Arguments Industry Positioning - Renault aims to become the reference European OEM, focusing on growth and product innovation across three brands [2][5] - By 2030, Renault plans to launch **36 new models**, including **22 in Europe** and **14 in international markets** [10][18] Growth and Revenue Expectations - Total revenue is expected to grow at a **mid-single-digit rate** over the midterm [3] - Targeting a sustainable group operating margin of **5%-7%** of revenue from 2026 onwards [4] - Aiming for strong automotive free cash flow of **EUR 1.1 billion-1.5 billion** per year on average, more than twice historical performance [4] Product and Technology Development - Focus on developing and mastering technologies in electric vehicles and AI-driven cars [2] - Commitment to **50% electric and 50% full hybrid** sales for Renault Brand by 2030 [10] - Introduction of a new **EV platform** and **full hybrid powertrains** to enhance electrification [16][42] Operational Excellence - Quality improvement initiatives have reduced quality incidents by **50%** over the last five years, with a goal to reduce incidents by another **50%** in the next three years [3][54] - Plans to cut production hours per unit by **30%** and reduce variable costs by **EUR 400** per vehicle per year [51][56] Customer Experience and Engagement - Aiming for **80% customer loyalty** over a 10-year vehicle lifecycle, leveraging AI and digital solutions for personalized customer interactions [39][40] - Development of a digital twin for cars and customers to enhance service and maintenance [39] Sustainability and ESG Goals - Commitment to achieving **net zero** in Europe by **2040** and globally by **2050** [63] - Targeting **30% recycled content** per car and focusing on circular economy initiatives [63][64] Brand-Specific Strategies - **Renault Brand**: Focus on European leadership and electrification with 12 new models by 2030 [14] - **Dacia**: Emphasis on value for money, launching **4 electric vehicles** by 2030, and maintaining a strong market presence [26][27] - **Alpine**: Aiming to redefine the brand with a focus on high-performance electric sports cars, targeting **11,000 sales in 2025** [31] Additional Important Insights - Renault's strategy includes a **balanced geographical approach**, focusing on both European and international markets, particularly in fast-growing regions like India and South America [9][10] - The company is adopting a **de-risked business model** to mitigate exposure to challenges faced by competitors in the Chinese and U.S. markets [9] - The introduction of **AI and digital technologies** is central to enhancing operational efficiency and customer engagement [39][49] This summary encapsulates the key points from Renault Group's midterm plan conference call, highlighting the company's strategic direction, growth expectations, and commitment to innovation and sustainability.

Group 1: Hyundai Sales Projections - Hyundai, including its Genesis brand, aims for a slight increase in global sales to 4.158 million units by 2026, with 700,000 domestic sales and 3.46 million units overseas [1] - Sales in North America are projected to rise to 1,231,000 units, while European sales are expected to remain flat at 601,000 units [1] - The company anticipates continued product mix improvement and new model launches to counteract rising competition and economic uncertainties [1] Group 2: January Sales Performance - Hyundai's global sales decreased by 1.0% to 307,699 vehicles in January 2026 compared to 310,962 a year earlier, with domestic sales rising by 9% to 50,208 units [2] - Domestic sales by South Korea's five main automakers increased by 10% to 99,790 units in January 2026 from 90,702 units a year earlier [7] - Kia reported a 2.4% rise in global sales to 245,557 vehicles in January 2026, driven by a 12% increase in domestic sales [8] Group 3: Economic Context - The South Korean economy contracted by 0.3% quarter-on-quarter in Q4 2025, reversing a previous expansion, influenced by weaker investment and exports [5] - The market remains sluggish despite more working days and new model rollouts, with Hyundai expecting a moderate sales decline for the full year [6] Group 4: Competitor Performance - GM Korea's global sales surged by 41% to 44,703 units in January 2026, primarily due to a significant increase in overseas sales [11] - Renault Korea's global sales fell by 2.2% to 3,732 units in January 2026, with domestic sales declining by 14% [16] - KG Mobility (KGM) reported a nearly 10% rise in global sales to 8,836 vehicles in January 2026, reflecting a sharp increase in domestic sales [14]

Core Viewpoint - Renault plans to launch its new Filante car in South Korea starting in March, with subsequent sales expected in Latin America and Gulf countries by early 2027 [1] Group 1 - The Filante car will be available in South Korea from March [1] - Sales in Latin America and Gulf countries are anticipated to begin by early 2027 [1]