Your investment 

After this offer is completed, in July 2026, you will hold units in the “Relais RG Shareplan International 2026” FCPE, which itself will hold Renault SA shares.

What happens to my investment once I participate in the transaction?

1 – Your asset holding

You invest an amount in euros, and the “Relais RG Shareplan International 2026” FCPE acquires Renault SA shares on your behalf. In return, you receive a number of units in the FCPE proportional to your investment (subject to applicable tax charges). Consequently, you will become an indirect Renault Group shareholder.

The “Renaulution International Relais 2025” FCPE will merge with the “Share Original” sub-fund of the “Renault International” FCPE following a decision by the fund’s Supervisory Board and subject to AMF approval in France.

You will then hold units in the “Renault International” FCPE.

As the “Renault International” FCPE is invested almost entirely in Renault SA shares, the value of your assets will follow the Renault SA share price. The daily value of the FCPE’s unit will follow its closing price.

2 – Your potential dividends

As long as you hold units in the “Renault International” FCPE, you will receive any dividends decided by the General Meeting of Shareholders.

These dividends correspond to a portion of the Group’s net income that is distributed to shareholders and automatically reinvested in the “Renault International” FCPE, free of charge, thereby increasing the number of units you hold. These dividends may be subject to social and/or tax charges. For more information, please refer to the “Country supplement” available in the documentation.

What is the tax framework for this transaction?

Tax and social charges are likely to apply to the discount and matching contribution.
We recommend that you consult the “Country Supplement”, which can be downloaded from this site, documentation, to find out about the taxation of the operation and your possible reporting obligations.

What happens at the end of the lock-in period?

At the end of the lock-in period, on July 1st, 2031, your shares become available.

You can then choose to either:

  • keep your assets in the “Renault International” FCPE for as long as you wish;
  • ask for your assets to be redeemed in full or in part.
Understand how your investment could evolve: a case study

Your investment (gross amount in euros)

Assumed reference price: €35
Assumed acquisition price (reference price – 30% discount): €24.50

The example below does not take into account the impact of any tax and social charges or, where applicable, the impact of the variation in the applicable exchange rate. We recommend that you consult the “Country Supplement”, which can be downloaded from this site, documentation section, to find out about the taxation of the operation and your possible reporting obligations.

1/ You purchase one share at the discounted acquisition price, for a total investment of €24.50 (invested in FCPE units).

2/ You benefit from a 200% matching contribution on your investment, provided by Renault Group, equivalent to 2 shares, i.e., an amount of €49 (based on the discounted acquisition price) (invested in FCPE units).

3/ Your total investment (including the matching contribution offered by Renault Group) consists of 3 shares acquired at a discounted price, for a total amount of €73.50 (invested in FCPE units).

In this example, for a personal contribution of €24.50 (equivalent to the discounted acquisition price of 1 share), you receive 3 shares with a value of €105 (based on the non-discounted reference price).

The total value of your assets maturing on June 30, 2031 depends on the Renault SA share’s performance.

Assumed performance of the Renault share price as at June 30, 2031 compared with the reference price of €35 in 2025Share value at maturity, as at June 30, 2031*Value of your assets at maturity
as at June 30, 2031*
70% fall€10.5€31.5
50% fall€17.5€52.5
20% fall€28.0€84.0
Stable€35.0€105.0
20% rise€42.0€126.0
50% rise€52.5€157.5
70% rise€59.5€178.5
* Excluding any dividends, taxes and social security charges and the impact of exchange rate changes
Important

If the Renault SA share price falls sharply as at June 30, 2031, you may lose some or all of the value of your investment (including contributions).

You can access the simulator in the website’s Simulate section, enabling you to:

  • make a more accurate projection of your investment, taking into account the contribution you receive;
  • check that you do not exceed the legal investment limit, i.e. 25% of your gross annual pay;
  • simulate the performance of your assets at maturity based on rises and falls in the Renault SA share price.