Five special committees have been formed to carry out in-depth examination of specific issues addressed by the Board. The chairs of these committees report to the Board on their committees’ findings.

Risk and Ethics Audit Committee

The Risk and Ethics Audit Committee is made up of Directors chosen by the Board of Directors. It shall contain a majority of independent Directors, with in particular some competency in fi nancial or accounting matters. The Chairman and CEO cannot be a member of this committee.
 
It shall not include any Director or permanent representative of a Director who holds office within a company in which a Director or permanent representative of Renault reciprocally sits on the Audit Committee or Accounts Committee.
The Chairman of the Committee is chosen by the Board of Directors.
 
As set out in the Board guidelines, this committee makes sure accounting methods comply with applicable standards, advises on the appointment and re-appointment of auditors, and on the quality of their work, oversees compliance with rules on auditors’ independence, verifies the relevance of internal inspection methods, and examines the scope of consolidated companies.

Agenda of the Committees in 2013

Internal regulations of the Board of directors

Remuneration Committee

The Remunerations Committee is made up of directors chosen by the Board, the majority of whom shall be independent. The Chairman of the Board of Directors and the CEO may not be member of this committee.
 
It shall not include any Director or permanent representative of a Director
who holds offi ce within a company in which a d irector or permanent
representative of Renault reciprocally sits on the Remunerations Committee.
 
The Chairman of the Committee is chosen by the Board of Directors.
 
As set out in the Board guidelines, this committee assesses the performance and structure of remuneration for corporate officers, the remuneration and pension policy applicable to senior managers, and the general policy on allocation of options and comparable benefits. It puts forward proposals to the Board on this policy, and on the allocation of purchase and subscription options and comparable benefits.

Appointments and Governance Committee

The Appointments and Governance Committee is chaired by a director
appointed by the Board and its members shall comprise directors chosen by the Board, with the majority of them to be independent.
It shall not include any Director or permanent representative of a Director
who holds office within a company in which a Director or permanent
representative of Renault reciprocally sits on the Appointments Committee.
 
As set out in the Board guidelines, this committee submits proposals to the Board on all matters concerning appointment of the chairman of the board, the chief executive officer and corporate officers. It assesses the advisability of renewing expired terms of office, suggests replacement solutions in the event of unexpected vacancies, and makes proposals on the chairmanship and on the make-up of and allocations of the board’s committees. It monitors corporate governance issues and draws up yearly reports on operation of the Board.

International Strategy Committee

The International Strategy Committee is made up of Directors chosen by the Board of Directors.The Chairman of the Committee is chosen by the Board of Directors.
 
As set out in the Board guidelines, this committee examines strategies proposed by the chief executive officer on international development of Renault and the Alliance. It analyses and examines international projects on behalf of the Board, and reports on them. It monitors international projects and draws up reports at the Board’s request.

Industrial Strategy

The Committee is made up of Directors chosen by the Board of Directors. The Chairman is chosen by the Board of Directors. Its tasks are to review major orientations concerning the industrial strategy of the groupe; major capacities projects, competitiveness of the existing manufacturing plants and their suppliers' basis...