In the past year, Renault demonstrated its resilience and strength in the face of obstacles. I am especially proud to have MESSAGE joined this Group at a defining moment in its history. A defining moment, first, because the automotive sector FROM JEAN- is undergoing radical change and must reinvent mobility and associated services, amid a rapidly evolving competitive DOMINIQUE environment. For Renault, these challenges representopportunities to showcase its expertise, in the spirit of SENARD conquest and innovation that has guided its actions for more than 120 years. A defining moment, in addition, because Renault is CHAIRMAN OF embarking on a new phase in its history. As we enter this new THE BOARD OF DIRECTORS, era, we have put trust at the center of our model. To begin GROUPE RENAULT with, the Group has revamped its governance structure to improve its balance as well as the diversity of skills and profiles, all underpinned by a strong ethical foundation. Next, we wanted to give the Alliance a new start. Its structure and its organization have been reconceived to guarantee an effective balance of power, foster dialogue, and promote fluidity. Today, our Alliance is stronger and better equipped to confront the challenges ahead. For Groupe Renault, this new structure and organization are the guarantee of confidence and performance over the long term. It is my firm conviction that the Group is now well equipped to grow profitably and with respect for people. 02 - GROUPE RENAULT