Renault Group and Nissan announce the completion of new Alliance agreements.

The New Alliance Agreement replaces former agreements governing the Alliance.

Cross-shareholding of 15% with lock-up a nd standstill obligations is established.

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Both Renault Group and Nissan can exercise 15% of voting rights within this limit.

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Renault transfers 28.4% of Nissan shares into a French trust for neutral voting.

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Renault retains economic rights (dividends and proceeds) from the entrusted Nissan shares.

Renault can instruct the trustee to sell shares with flexibility, coordinated with Nissan.

No impairment in Renault Group's financial statements due to the share transfer.

This new Alliance chapter aims for balanced, fair, and effective governance.

It focuses on identifying projects for win-win, large-scale benefits across markets.