Slide 1: 2025 FY Financial Results
2025 FY Financial Results FEBRUARY 19, 2026 1
Slide 2: Agenda
Agenda 1 Highlights 2 Financial results 3 2026 FY & Mid-term financial outlook 4 Appendix 2
Slide 3: Highlights
Highlights François Provost CEO Renault Group 3
Slide 4: Paving the way for the next steps
Paving the way for the next steps Strong momentum since July 2025 Leadership Team Organization Partnerships fueling reinforced streamlining our robustness “One engineering” Geely in Brazil Ampere 2.0 project Ford in Europe Mobilize Beyond Automotive India LCV 4
Slide 5: July guidance has been delivered
July guidance has been delivered Operating margin Free cash flow1 Automotive net cash position 6.3% € 1.5bn € 7.4bn € 3.6bn (1) Auto free cash flow 5
Slide 6: All brands growing, consistency of our brand portfolio
All brands growing, consistency of our brand portfolio 3 consecutive year of growth for Renault Group rd 3 consecutive year of growth rd +3.1% growth +10% growth in PC >10 million Triple-digit growth #2 in Europe (PC + LCV) vehicles sold since 2004 >10,000 sales #1 French car brand worldwide #2 in r
Slide 7: Our two-leg strategy is working
Our two-leg strategy is working EV & SOFTWARE HYBRID + 72% + 77% + 35% # 2 sales growth sales growth sales growth in hybrid1 in Europe, of Renault brand EVs of Renault Group EVs in hybrid1 Renault Group with a in Europe in Europe in Europe 24% market share 20% 14% 38% 30% mix of EVs mix of EVs mix o
Slide 8: Successful launches in Europe
Successful launches in Europe Renault 5 Symbioz Bigster 100,000 Over units sold in 2025 89,000 units sold since launch 67,600 units sold in 2025 #1 EV B-seg Renault’s best-selling full hybrid model Best-selling C-SUV to retail customers in Europe in Europe in 2025 in H2 2025 8
Slide 9: Geographic diversification towards targeted international markets ongoing
Geographic diversification towards targeted international markets ongoing Koleos Kardian Duster 43,800 units sold in 2025 49,400 units sold in 2025 27,400 units sold in 2025 #3 D-SUV HEV Strong growth in LATAM Successful launch in Morocco New market launches in Colombia, Australia and Saudi Arabia i
Slide 10: Strong fundamentals supporting the performance
Strong fundamentals supporting the performance HEALTHY HIGH SOLID ORDER VALUE OVER VARIABLE COST INVENTORIES UTILIZATION INTAKE FUELING VOLUME PERFORMANCE RATE ORDERBOOK 539ku 85% +3% +17pts >€400 total inventories utilization rate order intake above market COGS reduction of our facilities1 growth2
Slide 11: Financial Results
2 Financial Results Duncan Minto CFO Renault Group 11
Slide 12: Group revenue
Group revenue Change at € million 2024 2025 Change constant FX Global unit sales (Kunits) 2,265 2,337 +3.2% - Group revenue 56,232 57,922 +3.0% +4.5% o/w Automotive 50,519 51,442 +1.8% +3.4% o/w Mobility Services 69 91 +31.5% +31.8% o/w Sales Financing (Mobilize Financial Services) 5,644 6,389 +13.2
Slide 13: Automotive revenue
Automotive revenue Change 2025 vs. 2024 +1.8% +3.4% at constant FX Currency Volume Sales to Price Product Geographic Other Partners mix Mix +1,629 +154 -241 51,442 +362 50,519 -44 -814 -123 -1.6pts +0.7pts -0.1pts -0.2pts +3.2pts -0.5pts +0.3pts € million 2024 2025 13
Slide 14: Automotive revenue
Automotive revenue Change 2025 vs. 2024 +1.8% +3.4% at constant FX Currency Volume Sales to Price Product Geographic Other Partners mix Mix +1,629 +154 -241 51,442 +362 50,519 -44 -814 -123 -1.6pts +0.7pts -0.1pts -0.2pts +3.2pts -0.5pts +0.3pts € million 2024 2025 14
Slide 15: Renault Group sales
Renault Group sales Sales evolution by brand(1) In thousand units 2,265 2,337 2024 2025 1,577 1,628 676 697 5 11 RENAULT GROUP RENAULT DACIA ALPINE In % Δ / 2024 +3.2% +3.2% +3.1% +139.2% (1) PC+LCV in thousand units. Renault Group data comprises other brands such as Renault Korea Motors and Mobiliz
Slide 16: New vehicle distribution inventories
New vehicle distribution inventories In thousand units 560 Total 530 528 540 530 538 539 484 500 +5k +62k 437 442 Independent 416 dealers 375 369 Δ year-on-year 340 319 -57k 302 297 228 231 220 219 131 109 Group 103 114 97 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 Sept'25 Dec'25 16
Slide 17: Automotive revenue
Automotive revenue Change 2025 vs. 2024 +1.8% +3.4% at constant FX Currency Volume Sales to Price Product Geographic Other Partners mix Mix +1,629 +154 -241 51,442 +362 50,519 -44 -814 -123 -1.6pts +0.7pts -0.1pts -0.2pts +3.2pts -0.5pts +0.3pts € million 2024 2025 17
Slide 18: Automotive revenue
Automotive revenue Change 2025 vs. 2024 +1.8% +3.4% at constant FX Currency Volume Sales to Price Product Geographic Other Partners mix Mix +1,629 +154 -241 51,442 +362 50,519 -44 -814 -123 -1.6pts +0.7pts -0.1pts -0.2pts +3.2pts -0.5pts +0.3pts € million 2024 2025 18
Slide 19: Automotive revenue
Automotive revenue Change 2025 vs. 2024 +1.8% +3.4% at constant FX Currency Volume Sales to Price Product Geographic Other Partners mix Mix +1,629 +154 -241 51,442 +362 50,519 -44 -814 -123 -1.6pts +0.7pts -0.1pts -0.2pts +3.2pts -0.5pts +0.3pts € million 2024 2025 19
Slide 20: Operating margin
Operating margin € million 2024 2025 Change Group operating margin 4,263 3,632 -631 % of Group revenue 7.6% 6.3% -1.3pts o/w Automotive 2,996 2,184 -812 % of segment revenue 5.9% 4.2% -1.7pts o/w Mobility Services -28 -20 +8 o/w Sales Financing (Mobilize Financial Services) 1,295 1,468 +173 20
Slide 21: Group operating margin variance analysis
Group operating margin variance analysis Change 2025 Raw Materials Purchasing Warranty Industrials, logistics vs 2024 +437 & other -€631m +291 -160 -177 Currency Volume Price / Mix / Costs R&D SG&A Mobilize Other Horse Enrichment Financial impact Services +186 4,263 +173 +391 +59 7.6% -282 -59 -87 -
Slide 22: Mobilize Financial Services
Mobilize Financial Services 2024 2025 Change New financings (€bn)1 21.5 22.3 +3.3% Average performing assets (€bn) 56.0 59.3 +5.9% Net banking income 3.9% 4.1% +0.2pts Cost of risk (customer & dealer) -0.3% -0.4% -0.1pts Operating expenses -1.3% -1.3% +0.0pt Pretax income 2.1% 1.9% -0.3pts Operating
Slide 23: Group consolidated income statement
Group consolidated income statement € million 2024 2025 Change Group revenue 56,232 57,922 +3.0% Operating margin 4,263 3,632 -631 % of Group revenue 7.6% 6.3% -1.3pts Other operating income & expenses -1,687 -11,499 -9,812 of which capital loss on Nissan shares disposal -1,527 - +1,527 of which cap
Slide 24: Free cash flow generation
Free cash flow generation Tangible & intangible • Capex: -€1,659m Cash flow investments • Disposals: +€70m • Capitalized R&D: -€1,280m • Leased vehicles: +€88m 4,744 o/w €300m MFS1 dividend Change in WCR Auto Restructuring free cash -2,781 flow -190 -300 1,473 € million (1) MFS: Mobilize Financial S
Slide 25: Automotive net financial position
Automotive net financial position Change Dec. 2025vs. Dec. 2024 +€274m Operational Net dividends Net financial Forex, IFRS 16 free cash investments impact & flow others -697 -110 -392 7,096 +1,473 7,370 € million Dec. 2024 Dec. 2025 25
Slide 26: A solid dividend
A solid dividend Proposed dividend of €2.20 €2.20 per share, per share, paid in cash payable in cash 2024 2025 (paid in 2025) (payable in 2026) 2025 FY dividend pending Shareholders’ General Meeting approval 26
Slide 27: 2026 FY & Mid-term financial outlook
2026 FY & Mid-term financial outlook François Provost CEO Renault Group 27
Slide 28: 2026 financial outlook: resilience in a complex environment
2026 financial outlook: resilience in a complex environment Operating margin Key assumptions • Market trends: c. 5.5% Europe India Latam South Korea Free cash flow1 • Increase in BEVs, International 1 markets (India, Latam, South Korea) and sales to partners c.€ bn • RNAIPL (India) consolidation inc
Slide 29: Intensive product offensive in 2026, including outside Europe
Intensive product offensive in 2026, including outside Europe Europe RENAULT CLIO DACIA C-Segment DACIA A-Segment (1st delivery in Q1 2026) ALPINE A390 RENAULT TWINGO TRAFIC VAN E-TECH International RENAULT FILANTE (E-SUV) RENAULT BOREAL RENAULT DUSTER RENAULT PICK-UP (C-SUV) IN INDIA 2025 Q4 […] 20
Slide 30: Next step: Strategy day on March 10
Next step: Strategy day on March 10 Renault Group’s ambition building upon: Product & Technology Operational Engaged with customer & innovation excellence stakeholders experience 30
Slide 31: Mid-term financial outlook: sustain robust and resilient financial results
Mid-term financial outlook: sustain robust and resilient financial results Operating margin Free cash flow1 5% to 7% ≥€ 1.5bn of Group revenue per year on average (1) Auto free cash flow 31
Slide 32: Deliver sustainably a robust operating margin
Deliver sustainably a robust operating margin OPERATING MARGIN In As% %of ofGroup revenue revenue Revenue assumption: mid-single digit 5% to 7% CAGR over the mid-term, supported by Around 5.5% both Automotive business and MFS 3.9% Improvement in variable costs Fixed costs discipline with a strong fo
Slide 33: Cost reduction remains a key priority
Cost reduction remains a key priority COGS reduced by Variable costs c.-€400 performance per year per vehicle Cautious on average break-even point R&D Capex & Supplier Entry Stable cash fixed Fixed costs Ticket expenses: cost base over the discipline mid-term Strong Up to - 40% on new projects’ entr
Slide 34: Generate strong free cash flow
Generate strong free cash flow FREE CASH FLOW1 ≥€1.5bn per year Enhanced profitability on average Around R&D Capex & SET €1bn below 8% of Group revenue €0.6bn MFS dividend c.€500m/year on average2 Horse Powertrain dividend 2005-2025 2026 Mid-term to start from 2027 onwards3 average guidance guidance
Slide 35: A disciplined & balanced capital allocation
A disciplined & balanced capital allocation Investing in our future growth while preserving a strong balance sheet and securing value creation for all stakeholders Preserve a strong balance sheet Invest in priority into the product Maintain strong liquidity reserve Protect investment grade profile R
Slide 36: Offer attractive return
Offer attractive return DIVIDEND Progressive €2.20 increase1 per share1 €1.65 per share Progressive increase in dividend per share in absolute value1 c.€0.4 per share excl. Nissan dividend pass-through 2005-2024 2025 Mid-term average (payable in 2026) policy (1) Subject to Shareholders’ General Meet
Slide 37: Questions Answers
Questions Answers 37
Slide 38: Appendix
4 Appendix 38
Slide 39: Renault Group sales – by region
Renault Group sales – by region Market and sales evolution by region(1) 2,265 2,337 2024 2025 1,599 1,608 310 340 245 273 92 98 (3) Global Europe (2) Eurasia Latin America Asia Pacific Africa & Middle East In % Car Market +0.9% +7.5% +5.0% +0.4% Δ / 2024 Renault Group +0.6% +9.5% +11.3% +6.5% (1) PC
Slide 40: Other income & expenses
Other income & expenses € million 2024 2025 Change Restructuring costs -304 -447 -143 Impairment of PP&E1, intangible assets and goodwill -307 -895 -588 Capital gain/loss on disposal of assets or shares -887 -9,405 -8,518 Of which Nissan impacts 2 -1,527 -9,315 -7,788 Others -189 -752 -563 Total oth
Slide 41: Associated companies
Associated companies € million 2024 2025 Change Nissan -4831 -2,331 -1,848 Horse Powertrain 64 245 181 Others -102 -112 -10 Total associated companies -521 -2,198 -1,677 (1) It includes +€211 million related to Nissan's contribution and -€694 million of impairment of the investment in Nissan followi
Slide 42: Liquidity and credit ratings
Liquidity and credit ratings Auto division liquidity reserves Credit ratings € billion Evolution vs. December 2024 18.5 17.7 17.6 15.8 S&P Global BBB-/Stable (upgrade) Moody’s Ba1/Positive (in €bn) (unchanged) R&I A-/Positive (from A-/Stable) JCR A-/Positive (from A-/Stable) June 2024 Dec. 2024 June
Slide 43: Debt redemption schedule
Debt redemption schedule Renault S.A. – € billion – as of Dec. 31, 2025 Bond & Assimilated 2026 2.89 0.35 3.24 NEU CP 2027 1.05 1.05 2028 1.18 1.18 6.38bn € 2029 0.06 2030 0.85 0.85 43
Slide 44: Disclaimer
Disclaimer Information contained within this document may contain forward looking statements. Although the Company considers that such information and statements are based on reasonable assumptions taken on the date of this report, due to their nature, they can be risky and uncertain (as described i
Slide 45: Download Invest'R
Download Invest’R The app dedicated to Renault Group investors To download the free application, scan this QR code with your smartphone 45