Renault — M&A Activity 2018

May 24, 2018

INFORMATION RELATED TO FILLING BY ALLIANCE ROSTEC AUTO B.V. OF MANDATORY TENDER OFFER DOCUMENTS IN RESPECT OF AVTOVAZ SHARES HELD BY MINORITY SHAREHOLDERS

Renault SA 13/15 quai Alphonse Le Gallo 92100 Boulogne-Billancourt

Boulogne-Billancourt, May 24th, 2018

• Alliance Rostec Auto BV ("ARA BV"), the Renault and Rostec joint venture which is the majority shareholder of AVTOVAZ, has filed today a package of mandatory tender offer documents with the Central Bank of Russia and expects to launch a mandatory tender offer in respect of AVTOVAZ shares held by minority shareholders following such review.
• This follows the closed subscription in favor of ARA BV which was completed in May 2018. Following this operation, ARA BV became the holder of 83.5% of the share capital of AVTOVAZ, exceeding the threshold of 75% at which, according to Russian regulations, the majority shareholder is required to launch a mandatory tender offer to minority shareholders.
• The details of the mandatory tender offer will be made public when it is launched after the Central Bank of Russia completes its review.