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Renault Earnings Release 2022

May 12, 2022

1625_iss_2022-05-12_cf69ad6c-b19a-47ec-8fb6-bfc5ab713c64.pdf

Earnings Release

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PRESS RELEASE

May 12 th , 2022

Nissan contributes € 49 million for first quarter 2022 to Renault's earnings

Nissan released today its results for the fourth quarter of fiscal year 2021/2022 (April 1 st , 2021to March 31st, 2022).

Nissan's results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2021/2022 (January 1 st to March 31st, 2022), after IFRS restatements, will have a positive contribution to Renault's first quarter 2022 net income estimated at € 49 million(1) .

As announced on March 23, 2022, impairment losses on our Russian's assets have been accounted for as of March 31, 2022 and taken into account by Nissan for their share in Renault Group (i.e. 15%) in their Japanese GAAP financials published today.

(1) based on an average exchange rate of 130.5 yen/euro for the period under review.