Renault Group Financial Report H1 2026

Financial report First half 2026

1 In brief

Key figures

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

(2) H1 2025:-€2,331m of negative contribution of Nissan in the associated companies, and -€9,315 million loss resulting from the evolution ofthe accounting treatmentforthe investmentinNissan: accounted for underthe equitymethod untilJune 30, 2025,Renault Group's stake inNissan has sincebeen treated as a financial asset measured atfair value through equity. Since June 30, 2025, any changes in the fair value of the stake in Nissan, estimated on the basis of Nissan's share price, are recognized directly in equity, with no impact on Renault Group's netincome.

(3) Automotive operational free cash flow: cash flows after interest and tax (excluding dividends received from publicly listed companies) minus tangible and intangible investments net of disposals and +/- change in the working capitalrequirement.

Overview

Renault Group delivers robust performance, confirms its 2026 FY guidance and rapidly implements futuREady

• Strong revenue growth in 2026 H1, driven by both Automotive and Mobilize Financial Services (MFS):
  • - Group revenue at €30.3 billion, +9.5% and +10.3% at constant exchange rates1vs 2025 H1
  • - Automotive revenue at €26.8 billion, +9.3% and +10.2% at constant exchange rates1 vs 2025 H1
  • - MFS revenue at €3.4 billion, +11.0% and +11.5% at constant exchange rates1 vs 2025 H1
• Solid Group operating margin at €1.6 billion, 5.2% of Group revenue:
  • - Automotive operating margin at €0.8 billion, 3.0% of Automotive revenue
  • - MFS operating margin at €0.8 billion
• Net income: €0.7 billion
• Strong Automotive free cash flow2 : €653 million including €250 million of Mobilize Financial Services dividend (vs €150 million in 2025 H1)
• Automotive net cash financial position: €6.6 billion at June 30, 2026
• Commercial performance of the Group’s automotive brands:
  • - Renault brand in Europe3 : #2 in PC+LCV4 , #2 in retail EV, #2 in HEV
  • - Dacia in Europe3 : in the top 10 best-selling PC brands, #3 in retail, with Sandero best-selling passenger car across all channels
  • - Alpine sales up 69.1% vs 2025 H1

1 In order to analyze the variation in consolidated revenue at constant exchange rates, Renault Group recalculates the revenue for the current period by applying average exchange rates of the previous period.

2Automotive operational free cash flow: cash flows after interest and tax (excluding dividends received from publicly listed companies) minus tangible and intangible investments net of disposals and +/- change in the working capital requirement

3 Europe ACEA scope.

4 Passenger cars and light commercial vehicles.

• Supported by the strong momentum of full EVs, Renault Group accelerates its electrification sales1 . The mix of electrified sales in Europe2 reached 52.0% of Group’s sales in 2026 H1, up 8.2 points vs 2025 H1: - EV sales were up +47.6% and represented 18.8% of Group’s sales in 2026 H1 (+6.5 points vs 2025 H1) - Hybrid3 sales represented one third of Group’s sales in 2026 H1 (+1.6 points vs 2025 H1) • Internationally4 , in PC + LCV5 , Renault Group strengthened its positions in its strategic markets, driven by growth in Renault brand sales for the second consecutive year (+2.8%). Group sales grew in India (+61.2%), Türkiye (+15.4%), Morocco (+13.7%) and Brazil (+5.3%) • Solid orderbook in Europe at 2.1 months of forward sales • Total inventories at 546,000 vehicles at June 30, 2026, a level to smoothly operate in 2026 H2 • Cost reduction remains a key priority for 2026 and beyond. The Group continues to implement measures to mitigate the impact of the Middle East crisis on raw materials, energy, and logistics costs. - Variable cost of goods sold reduction efforts are paying off and in line with the ambition determined in the futuREady strategy. As a reminder, the Group aims to reduce variable costs per vehicle by around €400 per year on average over the medium term. - Cash fixed costs were stable vs 2025 H1. As a reminder, the Group aims to maintain a stable cash fixed-cost base over the medium term.

Financial results

Group revenue reached €30,252 million, up 9.5% compared to 2025 H1. At constant exchange rates6 , it increased by 10.3%. Automotive revenue stood at €26,806 million, up 9.3% compared to 2025 H1. At constant exchange rates, it increased by +10.2%. The Group posted an operating margin of €1,567 million or 5.2% of revenue. Automotive operating margin stood at €814 million versus €985 million in 2025 H1. It represented 3.0% of Automotive revenue. Other operating income and expenses were negative at -€441 million including -€313 million of restructuring costs. As a reminder, 2025 H1 other operating income and expenses amounted to -€10.1 billion and included -€9.3 billion of the non-cash loss linked to the change of the accounting treatment of Renault Group's stake in Nissan, as of June 30, 2025. After considering other operating income and expenses, the Group’s operating income stood at €1,126 million compared to -€8,404 million in 2025 H1. Net financial income and expenses amounted to -€126 million compared to -€93 million in 2025 H1. This variation is mostly explained by the negative impact of hyperinflation in Argentina on non-cash items. The contribution of associated companies amounted to €0 million compared to -€2,322 million in 2025 H1 which included -€2,331 million of Nissan’s negative contribution. As a reminder, since June 30, 2025 (date of the evolution of the accounting treatment of Renault Group's stake in Nissan), any changes in the fair value of the stake in Nissan based on Nissan's stock price, are directly recognized in equity, with no impact on Renault Group's net income. Current and deferred taxes represented a charge of -€279 million compared to a charge of -€324 million in 2025 H1. The effective tax rate stood at 28%. Thus, net income stood at €721 million in 2026 H1. Net income, Group share, was €705 million (or €2.39 per share). The cash flow of the Automotive business reached €2,239 million in 2026 H1 and included €250 million of Mobilize Financial Services dividend (versus €150 million in 2025 H1). Excluding the impact of asset disposals and including supplier entry tickets for €167 million, the Group’s net CAPEX and R&D stood at €1,610 million, i.e. 5.3% of revenue compared to €1,963 million or 7.1% of revenue in 2025 H1. The evolution of the ratio is mainly explained by c.€300 million of down payments received from partners and by the increase of revenue. Assets disposals amounted to €47 million, compared to €42 million in 2025 H1. Group's net CAPEX and R&D, including assets disposals, amounted to 5.2% of revenue.

1 Includes EV, hybrid (HEV) and Plug-In hybrid (PHEV) passenger cars, excludes Mild-hybrid (MHEV).

2 Europe ACEA scope

3 Includes hybrid (HEV) and Plug-In hybrid (PHEV) passenger cars, excludes Mild-hybrid (MHEV).

3Outside Europe

5 Passenger Cars and Light Commercial Vehicles

6 In order to analyze the variation in consolidated revenue at constant exchange rates, Renault Group recalculates the revenue for the current period by applying average exchange rates of the previous period.

Automotive free cash flow stood at €653 million. It included -€200 million of restructuring expenses and -€226 million of negative change in working capital requirement. The latter included the aforementioned c.€300 million of down payments from partners. The Automotive net cash financial position stood at €6,570 million on June 30, 2026, compared to €7,335 million1 on December 31, 2025. Beyond the free cash flow generation, this evolution was notably driven by dividends paid to shareholders for -€655 million and net financial investments for -€605 million. The latter is mostly due to the full consolidation impact of Flexis (acquisition of the shares and loans). Automotive liquidity reserve at the end of June 2026 stood at a high level at €17.7 billion.

2026 financial outlook

In a challenging environment, Renault Group confirms its 2026 financial outlook:

• • A Group operating margin around 5.5% of Group revenue.
• • An Automotive free cash flow around €1.0 billion.

Main risks and uncertainties for the remaining six months of the fiscal year

Renault Group operates in design, manufacture, marketing of vehicles and sales financing (through its subsidiary Mobilize Financial Services) in an environment that remains in strong evolution, particularly in terms of technology, consumption patterns and the geopolitical, economic, and regulatory context ofthe markets. Renault Group does not identify, for the next 6 months of 2026, risk factors other than those described in Chapter 4.2 of the Universal Registration Document published on 18 March 2026.

Transactions with related third parties

There are no significant transactions between related parties other than those described in Note 27 of the Appendix to the Annual Consolidated Financial Statements of the same Universal Registration Document and in Note 18 of the Appendix to the Half-Year Consolidated Financial Statements summarized in this report.

Highlights first half of 2026

January 27, 2026: Renault Group strengthens its circular economy ecosystem by expanding its end-of-life vehicle (ELV) treatment network, through a partnership with Derichebourg Environnement,resulting ina more efficient network to support its recycling ambitions and extended producer responsibility commitments. Thanks to this partnership, Renault Group is expanding its network from 440 to 480 ELV Centres and to 20 recycling facilities in France.

February 10, 2026: After consultation with employee representative bodies on February 10, 2026, Renault Group’s LeMans siteinFrancewillassembledrones forthe Chorus project, in partnership with Turgis Gaillard. Thanks to the Group’s expertise in design-to-cost and design-to￾manufacturing, the Chorus project aims to develop production capacity of up to 600 units per month, in less than 12 months.

February 16, 2026: Effective March 1st, 2026, Grégoire de Franqueville has been appointed CEO of The Future is NEUTRAL, a subsidiary of Renault Group and SUEZ dedicated to the automotive circular economy.

February 24, 2026: Ampere and Basquevolt sign joint development agreement to accelerate lithium metal￾1 Data relating to fiscal year 2025 have been restated following the transfer of activities from the ‘Mobility Services’ operating segment to the ‘Automotive’ operating segment. based battery technology for next-generation electric vehicles. Lithium metal-based battery represents a major technological leap in terms of energy density, compared to currentlithium-ion batteries with liquid electrolyte.

March 10, 2026: Renault Group is moving into high gear, turning the success story of the Renaulution plan into a success system that is both sustainable and global. With the new strategic plan futuREady, the Group is seeking to maintain its growth dynamic and become the reference European carmaker. FutuREady revolves around the product and the customer experience, technological innovation and operational excellence. At the same time, it is based on a strong commitment to employees, suppliers, dealer networks and partners. Renault Group will launch 36 new models between now and 2030, accelerating electrification and also its international line￾up The Group will launch 36 new models between now and 2030, accelerating electrification and also its international line-up. Over the medium term, Renault Group aims to generate consistently robust and resilient financial results, with a Group operating margin of between 5% and 7% of revenue and an Automotive free cash flow superior or equal to €1.5 billion per year on average.

April 7, 2026: Renault Group pays tribute to its former Chairman and CEO, who passed away on November 6, 2025, by naming the Le Mans site “Manufacture Louis Schweitzer – Le Mans”, the Group's chassis center of excellence. France is a strategic pillar and the industrial, technological and human heart of Renault Group. It is therefore naturally in Le Mans, a century-old site at the forefront of innovation, illustrating an industrial modelbased on heritage, innovation and performance, that the Group has chosen to honour the memory of Louis Schweitzer.

April16, 2026: Renault Group is launching futuREady India, the local rollout of its new strategic plan to drive growth both locally and globally. The Group aims to make India one of the brand's top three global markets by 2030 thanks to a portfolio expanding to seven multi - energy models and by strengthening its engineering and manufacturing capabilities. Renault Group is positioning India as a cornerstone of its global value chain, transforming the country into a technology centre of excellence for local market and worldwide. The ambition is also to generate €2 billion in annual exports by 2030 (vehicles, R&D and components).

May 22, 2026: Renault Group successfully issues dual￾tranche Samurai bonds for a nominal amount of ¥159 billion, maturing in 2030 and carrying a coupon of 3.02%. This transaction represents Renault Group's inaugural issuance featuring both a retail investor tranche and an institutional investor tranche. With this achievement, Renault Group sets a new benchmark as the first non￾domestic corporate to launch a dual-tranche Retail and Wholesale Samurai bond.

May 28, 2026: Renault Group is announcing the renewal of its science-based targets, with a new approval ofits near￾and long-term targets by the Science Based Targets initiative. These targets are supported by the product momentum offutuREady strategic plan.

June 2, 2026: Renault Group announces the successful placement of a750millioneurosbondissuematuringJune 2031 and carrying a coupon of 4.125%. This issue was largely oversubscribed, underlying strong credit investor confidence inRenault Group’s robustfinancialposition,as evidenced by its improved credit rating, and in its new strategic plan futuREady.

June 15, 2026: At Eurosatory 2026, Renault Group and Thales are presenting 4 TROOP, a prototype version ofthe multi-role civil vehicle intended forland forces.

June 16, 2026: Renault Group and Thales enter into a strategic partnership to develop a sovereign drone industry in France. Through this collaboration, production of loitering munition could begin as early as 2027, with manufacturing capacity of1,000 units per month from the first year.

June 17, 2026: Renault Group takes full ownership of Flexis following the receipt of all required regulatory approvals to acquire the stakes held by Volvo Group and CMA CGM Group in Flexis. Production of the Renault Trafic Van E￾Tech electric, the first fully electric van based on a Software Defined Vehicle (SDV) platform, will begin as initially planned, at Renault Group's Sandouville plant (France), at the end of 2026. Volvo Group, through Renault Trucks, will also marketthe vehicle from 2027 onwards.

June 29, 2026: One year after his appointment as Chief Executive Officer, François Provost continues the transformation of Renault Group and announces the appointment of Quitterie de Pelleport, currently Chief Legal Officer, as General Secretary, effective from 1 July 2026.

Renault Group deploys its know-how in support of defense

At the request ofthe French Ministry ofthe Armed Forces—alongside other industrial players—Renault Group was invited to place its expertise at the service of the defense sector, helping it address key challenges including scaling up production, competitiveness and sovereignty. Renault Group’s industrial expertise is widely recognised. The company brings sought-after know-how in design, industrialisation and high-volume manufacturing of advanced technological products, while maintaining strict control over quality, costs and timelines. Renault Group does not seek to become a major defense player and its commitment for projects in which the Group participates mustfollow those guiding principles: • Projects be conducted underthe authority ofthe French Ministry ofthe Armed Forces; • Projects generate activity forthe Group’s French industrial sites and engineering teams in France; • Projects be delivered in partnership with European defense manufacturers, combining complementary expertise • Be carried out withoutimpacting the Group’s investment capacity on its core business: Automotive.

Partnership with Turgis Gaillard

The Group’s “Manufacture Louis Schweitzer – Le Mans” site (France) will assemble drones for the Chorus project, in partnership with Turgis Gaillard, an innovative French defense aerospace company. Renault Group is responsible for product-process design and industrialization, while Turgis Gaillard handles aeronautical design, navigation software and test management. Leveraging its expertise in “design-to-cost” and in “design-to-manufacturing”, the Chorus project aims to develop production capacity up to 600 units per month in less than 12 months.

Partnership with Thales

At Eurosatory 2026, Renault Group and Thales unveiled 4 TROOP, a prototype version of the Multi-Role Civil Vehicle (VCMR) adapted to meet new operational requirements for land forces. The project draws on Renault Group's technological and industrial know-how and Thales's state-of-the-art secure onboard communications and connectivity technologies to develop a new generation ofrugged multi-mission vehicles that can be produced quickly and at optimum cost. Renault Group and Thales announced the signing of a partnership agreement to jointly develop and industrialise the large￾scale production of Thales' TOUTATIS (loitering munition). Through this collaboration, production of loitering munition could begin as early as 2027, with manufacturing capacity of1,000 units per month from the first year, marking a significant ramp￾up in France's industrial capacities in this strategic field. This strategic partnership combines Thales' cutting-edgedefense expertise withRenault Group's industrial engineering and manufacturing capabilities to establish a sovereign, agile and competitive, while addressing the evolving operational and strategic requirements ofthe armed forces. In the defense sector,the Group continues to explore opportunities in three areas: • Light military vehicles; • Unmaned aerial vehicles; and • Unmaned ground vehicles. In this area, exploratory studies are underway for maintenance and logistics applications.

2 Sales Performance

Overview

Renault group prioritizes electrification ofits vehicle lineup and sales quality In 2026 H1, Renault Group recorded stable global sales, with 1,165,133 vehicles sold (-0.4% vs. 2025 H1). This result, driven by the complementarity of the Group’s three brands, reflects improved sales quality, a strong focus on value, and accelerated electrification of the lineup. Internationally1 , in PC + LCV2 , Renault Group strengthens its positions in its strategic markets, driven by growth in Renault brand sales for the second consecutive year (+2.8%). Group sales grew in India (+61.2%), Türkiye (+15.4%), Morocco (+13.7%) and Brazil (+5.3%). In Europe3 , Group PC + LCV sales reached 821,092 units (-1.3%). - Renault brand: 528,849 vehicles (+2.6%). Renault ranks No. 2 in Europe. Renault 5 is the best-selling B-segment electric vehicle in Europe. - Dacia brand: 284,021 vehicles (-8.7%). With an improved momentum in the second quarter, Dacia remains on the podium for PC retail sales in Europe. Dacia Sandero is the best-selling PC in Europe across all sales channels. - Alpine brand: 8,222 vehicles (+67.6%). Alpine posted a record-breaking half-year of sales. Alpine A290 continues to support the brand's performance, while Alpine A390 has recorded its first deliveries. In a European LCV market that showed a slight recovery in the first semester (+2.1%), Renault brand sales grew by 11.7%. Supported by the full diversity of Master, Renault maintained its second position in the market. Renault Group successfully pursues its strategy focused on value and sales quality. - Prioritisation of the retail channel while reducing exposure to the least profitable sales channels. Across the five main European markets4 , Renault Group sold 60.0% of its PC to retail customers (+3.8 points, 17.7 points above market). - Increase in PC sales in the C-segment in Europe to 164,161 units (+15.3%), driven in particular by Dacia’s growing momentum in the segment. - Disciplined residual value management5 , with residual values 4 to 13 points higher than competitors across Europe. - A solid order book in Europe, representing 2.1 months of forward sales at the end of June 2026. Renault Group is accelerating the electrification of its PC sales for each of its brands. In Europe, electrified vehicles6 accounted for 52.0% of Group sales in the first half of 2026, up 8.2 points, including a 18.8% battery electric vehicles (BEV) mix: - Renault, driving the Group’s electrification: two out of three Renault vehicles sold (66.3%) in Europe were electrified (+7.2 points). BEVs accounted for 26.6% of Renault sales (+10.3 points), notably driven by the success of Renault 5 E Tech, Renault 4 E-Tech and Scenic E-Tech. Renault ranks No. 2 in the hybrid (HEV) market and No. 2 in the retail BEV market. - Dacia’s rapid growth in the hybrid segment: 30.8% of Dacia sales were electrified (+7.2 points). Driven by Dacia Duster and Dacia Bigster, hybrid vehicle sales rose sharply (+30.2%) and accounted for one out of four sales (+7.5 points) - Alpine at full speed on electrification: benefiting from the continued success of Alpine A290 and the recent launch of Alpine A390, more than 80% of Alpine's sales are now electric vehicles.

1 Outside Europe

2 Passenger Cars and Light Commercial Vehicles

3 Europe = ACEA scope if not specified

4 G5 countries = France, Germany, Spain, Italy and the United Kingdom

5 For Renault and Dacia brands (PC) in the G5 countries, versus the 23 main PC brands

6 HEV, PHEV & EV; PC market in Europe

In 2026, the Group pursues its product offensive with the rollout of Renault Twingo E-Tech electric and Renault Duster in India during the first semester. Renault Trafic Van E-Tech electric, Renault Niagara in Latin America, Dacia Sandero with a new hybrid powertrain, new Dacia Spring, Dacia Striker and Alpine A390 GTS will complete the line-up before year-end.

RENAULT GROUP’S TOP FIFTEEN MARKETS

(1) Preliminary figures

2.1 Automotive

2.1.1. Group sales worldwide by region, by brand & by type

(1) Preliminary figures.

(2) ACEA European Scope. French overseas territories and departments are not accounted in the Europe region but comprised in the Group figure.

Renault brand

Rolling out the futuREady strategy by combining growth, electrification, and value creation In the first semester of 2026, Renault brand sold 829,518 vehicles worldwide, up 2.6% compared with the first half of 2025, extending its continuous growth momentum for a fourth consecutive year. This performance is driven by a balanced contributionfrombothEuropeandinternational markets, withanotableaccelerationinNorthernEuropeancountries1 , where Renault increased sales by 14.0% in a market that grew by 6.0%. It is underpinned by the priorities ofthe futuREady strategy: accelerating electrification, pursuing a value-driven commercial policy, and deploying the brand’s internationalroadmap. Two out ofthree PC Renault vehicles sold in Europe are now electrified (66.3%), up 7.2 points year-on-year. Supported by an attractive product line-up, the brand confirms the relevance of its strategy based on two complementary technologies - EV and HEV - and is making progress towards its ambition of reaching 100% electrified sales in Europe by 2030. Renault ranks No. 2 in the European battery electric vehicle (BEV) retail market and No. 2 in the hybrid market. BEV sales increased by 63.2% in a market up 34.2%, driven notably by the success of Renault 5 E-Tech electric, the best-selling B-segment electric vehicle in Europe, while Renault 4 E-Tech electric is establishing itself as the benchmark in the retail electric B-SUV segment. Renault is also continuing its value creation strategy by prioritizing sales quality and protecting residual values. In Europe1 , the brand gained 0.4 points of market share in the retail channel while reducing its exposure to short-term rentals. In France, Renault strengthened its leadership, reaching an 18.5% retail market share (+1.6 points) and 20.9% in the fleet market (+0.3 points). C- and D-segment vehicles accounted for 37.4% of European sales, contributing to the continued improvement ofthe product mix. As part of this strategy, light commercial vehicles are also strengthening the brand’s commercial performance and profitability. Renault recorded a second consecutive semester of LCV sales growth in Europe, up 11.7% in a market up 2.1%, further consolidating its position as No. 2 brand in Europe. Since the beginning of the year, thanks to its comprehensive product offering and the success of the “converted by Renault” solution, Renault Master2 has been No. 1 in the large van marketin Europe. Internationally, sales were driven by Türkiye (+9.8%) and by the expansion of Renault Master, particularly in Morocco. The brand continues to strengthen its internationalfootprint and reinforce its position as a global brand across its strategic markets. Sales outside Europe increased by 2.8%, reaching nearly 296,000 vehicles. This growth was driven by strong performances in India (+61.2%), Türkiye (+25.7%), Morocco (+11.8%), Brazil (+5.3%) and Mexico (+16.3%). This momentum is expected to continue in the coming months, supported by the ramp-up of Renault Dusterin India,the recentlaunch of Koleos Full HybridinBrazil,andtheacceleratedrollout ofBoreal,backedby theopeningofasecondproductionsite inTürkiye inJune. Building on these strong fundamentals in the fast-growing electric and hybrid segments, Renault is entering the second semester with confidence. In Europe, the electrification momentum will continue to accelerate with the recent launches of Twingo E-Tech electric and Renault 4 E-Tech electric with its Plein Sud version, as well as the opening of orders before year￾end for Trafic Van E-Tech electric, set to be a game changer in the LCV market. Outside Europe, the unveiling of the future Niagara pick-up in September will support Renault’s growth in Latin America. These launches will open up new growth opportunities, in line with the ambitions of futuREady.

1 Northern European countries = Germany, the United Kingdom, Ireland, Denmark, Finland, Island, Norway and Sweden

Dacia brand

Strong business model and solid fundamentals In the first half of 2026, against a backdrop of strong growth in electric vehicle sales and the increasing presence of Chinese brands in Europe, Dacia confirmed the strength ofits business model and fundamentals. In the second quarter, the brand recorded 181,729 registrations, a level scarcely unchanged from the second quarter of 2025 (-0.3%). Over the first half, Dacia posted 327,077 sales, down 8.1% compared with the first half of 2025. In Europe, the brand achieved a 3.9% passenger car market share. As ofthe end ofJune,the order book remained in line with 2025, demonstrating the brand's strong commercialresilience ahead ofthe second semester. Dacia continues to rely on strong fundamentals: Dacia Sandero remains the best-selling car in Europe across all sales channels, and the brand ranks No.3 in the PC European retail car market. Its business model is also built on a predominantly retail sales mix of 77%3 , a disciplined net pricing strategy, and residual values 13 points above the market average. Electrification continues togain momentum, with hybrid powertrains accounting for agrowing share of orders,representing 37% for Jogger, 40% for Duster and 68% for Bigster. In addition, 58% of the line-up's orders are for higher trim levels, a proportion that rises to 71% for Duster and 82% for Bigster, illustrating the brand's ability to enhance its product mix while remaining true to its positioning based on the best value for money. The second semester will be marked by the intensification of Dacia’s electrified offering, with the introduction of Sandero hybrid,followedby themarketlaunchof Strikerandthe launchofthenext-generation Spring,producedinEurope.Thesenew models will further enrich the brand’s lineup and support its transformation, enabling it to respond with agility to evolving markettrends.

Alpine brand

A record first semester Alpine delivered a record first-half performance, with 8,538 vehicles sold worldwide, representing growth of 69.1% year-on￾year. Brand sales were driven by the success of the brand’s best-seller Alpine A290 hot hatch, with sales increasing by nearly 60% compared with the first half of 2025, reaching 5,890 units. The Alpine A110 sport car coupé also maintained strong momentum, with 1,607 units sold (+22.4%), despite production ending in June to prepare for the arrival of its third-generation. Meanwhile, Alpine entered a new market segment with the launch of the Alpine A390 sport fastback, recording its first 1,041 registrations of the GT version, while orders are now open for the GTS. Outside France, Alpine's growth accelerated significantly, notably in the United Kingdom, where sales increased sixfold to reach1,902units.Strongprogression wasalsorecordedin Spain(+84%)andGermany (+78%), confirming thebrand’sgrowing appeal across key European markets. These achievements, supported by the rapid expansion of its international retail network, from 169 to 238 points of sales, underline the accelerating momentum of Alpine’s global development. They reinforce the brand’s ambition to become a leading premium electric performance brand while successfully broadening its customer base and presence in new market segments.

2.1.2 Sales and production statistics

2.1.2.1 Group sales worldwide

Consolidated global sales by brand and geographic areas as well as by model are available in the regulated information of the Finance section on Renault Group website.

https://www.renaultgroup.com/en/finance/publications/

2.1.2.2 Group worldwide production

(1) Production data concern the number of vehicles leaving the production line.

(2) Preliminary figures.

(3) Karsan Otomotiv, Nissan, Chinese subsidiaries: eGT (25%) in the production of partners for Renault Group. From August 1, 2025 the plantin India is 100% owned by Renault Group.

2.2 Sales financing

In an automotive market up +6.8%, Mobilize Financial Services new financing increased by +4.6% compared with the first semester of 2025. Mobilize Financial Services financed 649,293 contracts in the first half of 2026, volume up compared with the first semesterof 2025 (+2.6%). Used Car financing contractsincreased by +4.2% over the same period, reaching 160,284 financed contracts. Penetration rate amounted to 40.8%, up +1.2 points compared with the first semesterof 2025. New financing (excluding credit cards and personal loans) stood at €11.6 billion, up +4.6% thanks thanks to the growth in number of financing contracts and in average financed amount. Overall, average performing assets totalized €61.8 billion, up +5.0% compared with the first semester of 2025: • Average performing assets (APA) related to the Customer Activity totalized €49.9 billion in the first semester of 2026. The amount increased by +5.3%, thanks to new financing increase since 2023, driven up by the evolution of the average financed amount, positively impacting the Customer portfolio. • Average performing assets related to the Wholesale Activity amounted to €12.0 billion, up +3.6%.

(1) Data excluding equity affiliated companies.

(1) Data for entities consolidated by global integration only.

(1)Data excluding equity affiliated companies.

Mobilize Financial Services sold 1.8 million Insurance & Services contracts in the first half of 2026, volume up 1.5% compared with the same period of 2025.

3 Financial results

Overview

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

(2) H1 2025: -€2,331m of negative contribution of Nissan in the associated companies, and -€9,315 million loss resulting from the evolution of the accounting treatment for the investment in Nissan: accounted for under the equity method until June 30, 2025, Renault Group's stake in Nissan has since been treated as a financial asset measured at fair value through equity. Since June 30, 2025, any changes in the fair value of the stake in Nissan, estimated on the basis of Nissan's share price, are recognized directly in equity, with no impact on Renault Group's net income.

(3) Automotive operational free cash flow: cash flows after interest and tax (excluding dividends received from publicly listed companies) minus tangible and intangible investments net of disposals and +/- change in the working capital requirement.

3.1 Comments on the financial results

3.1.1. Consolidated income statement

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

Group revenue reached €30,252 million, up 9.5% compared to 2025 H1. At constant exchange rates1 , it increased by 10.3%. Automotive revenue stood at €26,806 million, up 9.3% compared to 2025 H1. It included -0.9 points of negative exchange rates effect (-€211 million) mainly related to the devaluation of the Turkish lira, pound sterling and Argentinean peso. At constant exchange rates1 , it increased by +10.2%. This evolution was mainly explained by the following: • A slightly positive volume effect of +0.2 points. The 0.4% decrease in registrations was offset by a lower destocking within the dealership network in 2026 H1 compared to 2025 H1. As of June 30, 2026, total inventories of new vehicles represented546,000vehicles, of which 430,000vehicles atindependentdealersand116,000at Grouplevel.This level of inventory will enable the Group to smoothly operate in H2, a semester traditionally stronger in terms of registrations. Renault Group expects total inventories to be lower atthe end of 2026 versus the end ofJune 2026. • A strong positive sales to partners effect of +5.9 points, driven primarily by the strong performance of partners’ programs. It also includes changes in scope: - The integration of RNAIPL (Renault Nissan Automotive India Private Ltd), into the consolidation perimeter since August1, 2025,for c.€380 million (+1.5 points), - Theramp-upinthe distributionof Geely vehicles inBrazil. LocalproductionthroughtheRenaultdoBrasil joint venture is setto begin this summer. • A solid positive product mix effect of +3.2 points mostly due to the success of electric vehicles, the transition phase between ClioVand ClioVI (ClioVI having abetter average selling price than ClioV, while still below Group’s average) and to some extent Master. This positive effect will continue in the coming semester. • A positivepriceeffect of +0.9pointsasprice increasesoninternational markets tocompensate FX werepartlyoffset by price pressure in Europe. The latteris expected to continue throughoutthe year. • A negative geographic mix of -0.7 points, mainly explained by the growth of sales outside Europe notably in India and Türkiye. • An "Other" effect of +0.7 points mainly due to a decrease in sales with buy-back commitments to short-term rental companies.

OPERATING SEGMENT CONTRIBUTION TO GROUP OPERATING PROFIT

(1) See note 2-A2 “Restatements of the consolidated figures reported in 2025” page 29.

The Group posted an operating margin of €1,567 million or 5.2% of revenue versus 6.0% in 2025 H1. Automotive operating margin stood at €814 million versus €985 million in 2025 H1. It represented 3.0% of Automotive revenue. The evolution was mainly explained by the following: • A negative impact of foreign exchange of -€117 million mainly driven by the Turkish lira, the pound sterling and the Argentinean peso. The Turkish lira positive impact on production costs was offset by the increase ofthe Group sales in Türkiye. • A positive volume effect of +€95 million benefitting primarily from sales to partners. • Price/mix/enrichment effect stood at -€425 million. This evolution reflects increased regulatory costs and commercial pressure, especially in Europe, together with a higher EV mix and increased international sales notably in India. • Costs were reduced by €184 million thanks to an efficient cost management program with a strong purchasing performance and lower warranty costs compared to last year, which more than offset the raw materials inflation. Variable cost of goods sold (COGS) reduction efforts are paying off and in line with the ambition determined in the futuREady strategy. As a reminder, the Group aims to reduce variable costs per vehicle by around €400 per year on average overthe medium term. • R&D posted a positive impact of +€87 million, primarily due to the favorable impact of capitalizing Software Defined Vehicle expenses from March 1, 2026. • SG&A impacted by -€39 million and “Others” effect stood at +€44 million thanks to the strong performance of the aftersales business. The contribution of Mobilize Financial Services (Sales Financing) to the Group's operating margin reached €753 million, up €85million vs. 2025H1, mainly thanks to the continuous strong growth of the customer financing activity as well as the positive margin evolution per financing contract evolution.

3.1.2 Free cash flow

(1) See note 2-A2 “Restatements of the consolidated figures reported in 2025” page 29.

2026 H1 free cash flow stood at €653 million. It includes: • ThecashflowoftheAutomotivebusiness reached €1,789 millionin2026 H1andincluded €200millionofrestructuring costs (versus €117 million in 2025 H1). • The Mobilize Financial Services dividend paid in 2026 H1 amounted to €250 million versus €150 million in 2025 H1. • The negative change in working capital requirement for -€226 million includes c.€300 million of down payments from partners. • And,the cash impact oftangible and intangible investments, net of disposals, detailed below.

3.1.3 Capex and Research & Development

(1) See note 2-A2 “Restatements of the consolidated figures reported in 2025” page 29.

Total gross investments in the first half of 2026 decreased compared with the same period in 2025. Investments undertaken this year were primarily dedicated to the rollout ofthe electric range (Twingo E-Tech), as well as to the evolution ofthe Dacia (Striker), Renault International (Boreal), Mercosur(Master and Niagara), Korea (Filante) and India ranges.

RESEARCH AND DEVELOPMENT EXPENSES RECORDED IN THE INCOME STATEMENT

Analysis ofresearch and development costs recorded in the income statement:

(1) See note 2-A2 “Restatements of the consolidated figures reported in 2025” page 29.

(2) Research and development expenses are reported net of research tax credits for the vehicle development activity (gross R&D expenses: R&D expenses before expenses billed to third parties and others).

(3) The capitalization rate is presented excluding expenses related to supplier entry tickets.

The research and development capitalization rate was 59.7% in 2026 H1 versus 50.2% in 205 H1. The evolution of the ratio is mainly explained by Software Defined Vehicle expenses capitalized from March 1, 2026.

NET CAPEX AND R&D EXPENSES IN % OF REVENUES

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

Excluding the impact of asset disposals and including supplier entry tickets for €167 million, the Group’s net CAPEX and R&D stood at €1,610million i.e. 5.3% of revenue compared to 7.1% of revenue in H1 2025. The evolution of the ratio is mainly explained by c.€300 million of down payments received from partners and by the increase of revenue. Assets disposals amounted to €47 million, compared to €42 million in 2025 H1. Group's net CAPEX and R&D amounted to 5.2% of revenue including asset disposals.

3.1.4 Automotive net financial position at June 30, 2026

The Automotive net cash financial position stood at €6,570 million on June 30, 2026, compared to €7,335 million on December 31, 2025. Beyond the free cash flow generation, this evolution was notably driven by dividends paid to shareholders for - €655 million and net financial investments for -€605 million. The latter is mostly due to the full consolidation impact of Flexis (acquisition of the shares and loans).

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

AUTOMOTIVE NET CASH POSITION (€ million)

(1) See note 2-A2 “Restatements ofthe consolidated figures reported in 2025” page 29.

The Automotive segment’s liquidity reserves stood at €17.7 billion as atJune 30, 2026. These reserves consisted of: - €14.4 billion in cash and cash equivalents reduced by €0.2 billion in third-party cash; - €3.3 billion in undrawn confirmed creditlines. AtJune 30, 2026, Mobilize Financial Services (ex RCI Banque) had available liquidity of €14.9 billion, consisting of: - €4.6 billion in undrawn confirmed creditlines; - €5.7 billion in central-bank eligible collateral; - €4.1 billion in high quality liquid assets (HQLA); - €0.5 billion in available cash.

Condensed consolidated half-year financial statements 2026

1. Consolidated income statement ....................................................................................................................16 2. Consolidated comprehensive income........................................................................................................... 17 3. Consolidated financial position.....................................................................................................................18 4. Changes in consolidated shareholders’ equity............................................................................................19 5. Consolidated cash flows................................................................................................................................ 20 6. Notes to the condensed consolidated half-year financial statements ..................................................... 21 6.1. Information on operating segments ...................................................................................................................................21 A. Consolidated income statement by operating segment ..................................................................................................21 B. Consolidated financial position by operating segment ....................................................................................................23 C. Consolidated cash flows by operating segment...................................................................................................................25 D. Other information for the Automotive segment: net cash position (net financial indebtedness), operational free cash flow and ROCE .................................................................................................................................................28 6.2. Accounting policies and scope of consolidation........................................................................................................... 29 Note 1 - Approval of the financial statements................................................................................................................................29 Note 2 - Accounting policies......................................................................................................................................................................29 Note 3 - Changes in the scope of consolidation ............................................................................................................................31 6.3. Consolidated income statement........................................................................................................................................ 32 Note 4 - Revenues.............................................................................................................................................................................................32 Note 5 - Other operating income and expenses...........................................................................................................................33 Note 6 - Financial income (expenses)..................................................................................................................................................33 Note 7 - Current and deferred taxes.....................................................................................................................................................34 Note 8 - Basic and diluted earnings per share ...............................................................................................................................34 6.4. Operating assets and liabilities, shareholders’ equity................................................................................................. 35 Note 9 -Intangible assets and property, plant and equipment..........................................................................................35 Note 10 -Investments in associates and joint ventures...........................................................................................................36 Note 11 - Sales Financing receivables .................................................................................................................................................. 37 Note 12 -Inventories........................................................................................................................................................................................38 Note 13 - Financial assets – Cash and cash equivalents..........................................................................................................38 Note 14 - Shareholders’ equity..................................................................................................................................................................39 Note 15 - Provisions..........................................................................................................................................................................................40 Note 16 - Financial liabilities and Sales Financing debts ..........................................................................................................41 6.5. Cash flows and other information......................................................................................................................................43 Note 17 - Cash flows.........................................................................................................................................................................................43 Note 18 - Related parties ..............................................................................................................................................................................44 Note 19 - Off-balance sheet commitments, contingent assets and liabilities , assets pledged and received as collateral ....................................................................................................................................................................................45 Note 20 - Subsequent events....................................................................................................................................................................47