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Renault Group contributions (free shares) and the 30% discount are subject to income tax when you receive the shares. To cover the taxes due, you will receive only a net amount after deduction of taxes (at a global rate of 30%). It avoids withholding the taxes on your net salary. Note that if this 30% tax rate is higher than your actual tax rate, the remaining balance will be paid back to you and added to your net salary. If you buy shares, the taxes due on the 30% discount will be deducted from your net salary in one or several installments to avoid any detrimental impact on your net salary. For more information, please refer to the “Country Supplement” accessible in the documentation section. If this rate is not sufficient to cover any tax due, the remaining balance may be deducted directly from your salary.

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