EV Electric Vehicle Strategy Gilles Normand SVP, EV Business Unit EV Strategy Disclaimer Information contained within this document may contain forward looking statements. although the company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain (as described in the Renault registration document filed with the French autorité des marchés financiers). actual results may differ materially from those projected or implied in these forward looking statements. These forward looking statements are made as of the date of this presentation. Renault does not undertake to provide updates or revisions, should any new statements and information be available, should any new specific events occur or for any other reason. Renault makes no representation, declaration or warranty as regards the accuracy, exhaustiveness, adequacy, effectiveness and genuineness of any statements and information contained in this report. This information does not constitute an invitation to invest in shares or constitute or form a part of any offer for the sale or subscription of, or any offer to buy or subscribe for, any securities or other financial instruments. Further information on Renault can be found on Renault's web site (www.group.renault.com), in the section finance/regulated information.” 2 Confidential C EV Strategy Renault: EV pionnier & leader in Europe CUSTOMER FIRST MOVER WITH SATISFACTION A COMPLETE EV LINE UP • NEW ZOE: 300 km WLTP range • >90% customer recommendations • ~200K customers 10 YEARS EV EXPERIENCE TECHNICAL 30,000 EXCELLENCE PEOPLE EV TRAINED 100% EV LEADER TRAINED DEALERS IN EUROPE ZOE FLINS e-Motor CLEON 194k 148k 102k 2 1 3 Kangoo ZE Battery pack Cumulated total EV sales MAUBEUGE TECHNOCENTRE (@end 2018) 3 Confidential C EV Strategy A clear plan to continue leading PLAN 2022 EXPAND OUR REACH ACCELERATE COST REDUCTION LEADER IN AFFORDABLE ELECTRIC MOBILITY PROVIDE EASY ELECTRIC LIFE GENERATE VALUE FROM ENERGY & MOBILITY SECTORS 4 Confidential C EV Strategy Strategy for the coming years: acceleration ! EV line-up expansion Keep leadership in Provide clients with géo. extension affordable e-mobility « easy electric life » ≈ 8 new EV 80% of EV models Autonomy models by 2022 based on Alliance > 500 Km WLTP platforms Charging Key segments New e-motor >150 km WLTP coverage New batteries recovery in 15 min Breakthrough TCO* inflexion point: In China ~ 2020 (seg-B) * Transaction Price + usage costs (4 years) Confidential5 C EV Strategy An ambitious & achievable objective EV = CORE PROFITABLE BUSINESS INITIAL PROFIT ON FULL COST INVESTMENT VARIABLE PROFIT NO PROFIT COSTS NEW EV GROUP GENERATION AVERAGE PROFITABILITY 500 CURRENT LINE UP 0 55k 100 2008 DRIVE THE DRIVE THE CHANGE FUTURE 0 Volume 6 Confidential C EV Strategy ANNEXES 7 Confidential C EV Strategy EV2020 Platform NEW ALLIANCE PLATFORM, DEDICATED TO EV • ≈ -40% R&D Entry Ticket reduction BATTERY 1 • ≈ -30% manufacturing cost reduction NEW ALLIANCE E-MOTOR GENERATION FRONT REAR • More output 2 • ≈ -20% cost vs current NEW BATTERY PACKS, FOR THE ALLIANCE NEEDS 3 • ≈ - 30% in $/kWh vs 2016 at pack level 8 8 Confidential C EV Strategy K-ZE China: Going global 1485 SEDUCTIVE DESIGN WARM TECHNOLOGY ASSURED JOURNEY 悦心设计 暖心科技 安心畅行 ▪ SUV-like exterior design ▪ > 250 km NEDC range ▪ Eye-popping road handling ▪ Sporty, urban ▪ Easy charging (100% compatible with ▪ Renault strong expertise and know- domestic plugs and public infras) how in EV technology 9 Confidential C EV Strategy 2018 Europe EV sales ranking #4 23 503 #5 18 064 48 297 Renault 45 314 22,2% Nissan 29 073 20,9% Tesla 13,4% 2 1 3 BRANDS 8 746 40 629 3 646 Renault Nissan Leaf Kangoo Z.E. 39 448 Nissan 18,7% 20 962 40,9% 2 867 Renault Zoe e-NV 200 VW e-Golf Streetscooter 18,2% 17,1% 9,7% 13,4% 2 1 3 2 1 3 PC + LCV MODELS LCV MODELS Source : SIM simplifie Excl TWIZY and REX (I3) incl LCV Confidential C EV Strategy Concrete examples of EV new businesses and services IMPROVE CUSTOMER EXPERIENCE GENERATE VALUE EASY LIFE NEW BUSINESS Car-sharing projects Moov’in Paris (100 ZOE -> 500 by end Dec) NEW ELECTRIC ALL EV APPS ROUTE PLANNER IN ONE APP “Smart island” “Advanced Battery Storage” Belle-Île-en-mer (France) Biggest energy stationary storage system from EV batteries in Europe: 60 MWh 11 Confidential C.