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SALE OF ITS ENTIRE STAKE IN DAIMLER BY RENAULTPARIS, March 11, 2021 – Renault S.A (“Renault”) announces today that it intends to sell its entire stake in Daimler A.G (“Daimler”) (i.e. 16,448,378 shares, representing 1.54% of the share capital of Daimler) through a placement to qualified investors, as defined in Article 2 point (e) of Regulation (EU) 2017/1129 as amended, by way of an accelerated bookbuilding process (the “Offering”).The proceeds of this sale will allow the Renault Group to accelerate the financial deleveraging of its Automotive activity. The industrial partnership between the Renault Group and Daimler remains unchanged and is not impacted by this financial transaction1.The Offering will start immediately following this announcement. Renault will announce the results of the Offering at the end of the bookbuilding process.Settlement for the Offering should take place on March 16, 2021 at the latest.Daimler’s shares are listed on the regulated markets of Stuttgart and Frankfurt (ISIN code: DE0007100000).1 Except for the waiver (to ensure reciprocity among the two companies) of the obligation for Daimler to propose first to Renault to acquire its shares in case of a sale through a capital markets transaction. DISCLAIMER
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