After this offer is completed, in July 2025, you will hold units in the “Renaulution International Relais 2025” FCPE, which itself will hold Renault SA shares.
You invest an amount in euros, and the “Renaulution International Relais 2025” 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.
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.
Tax and social charges are likely to apply to the discount and employer contributions, including the unilateral employer 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.
At the end of the lock-in period, on July 1st, 2030, your shares become available.
You can then choose to either:
Your investment (gross amount in euros)
Assumed reference price: €45
Assumed acquisition price (reference price – 30% discount): €31.50
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/ As part of the unilateral matching contribution, Renault Group offers you 3 shares (invested in FCPE units) with a value equivalent to €135 based on the reference price.
2/ You invest €31.50, which allows you to purchase the equivalent of 1 share (invested in FCPE units) at a discounted price, with a value equivalent to €45 based on the reference price.
3/ You benefit from an additional matching contribution of 300% of your investment for the first share acquired, corresponding to 3 shares (invested in FCPE units) with a value equivalent to €135 based on the reference price.
4/ For a total personal investment of €31.50, you will receive 7 shares (invested in FCPE units): 3 shares as part of the unilateral matching contribution + 1 share purchased at a discounted price + 3 shares as part of the additional matching contribution, with a total value equivalent to €315 based on the reference price.
The total value of your assets maturing on June 30, 2030 depends on the Renault SA share’s performance.
| Assumed performance of the Renault share price as at June 30, 2030 compared with the reference price of €45 in 2025 | Share value at maturity, as at June 30, 2030* | Value of your assets at maturity as at June 30, 2030* |
| 70% fall | €14 | €98 |
| 50% fall | €23 | €161 |
| 20% fall | €36 | €252 |
| Stable | €45 | €315 |
| 20% rise | €54 | €378 |
| 50% rise | €68 | €476 |
| 70% rise | €77 | €539 |
If the Renault SA share price falls sharply as at June 30, 2030, 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: