2007 Interactive Registration Document - Renault

In compliance with French legal and regulatory requirements, the Accounts and
Audit Committee dealt with the following matters in particular:
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the Group’s consolidated fi nancial statements and Renault SA’s individual
fi nancial statements for 2006 and fi rst-half 2007;
the dividend to be proposed for FY 2007;
the examination of the fees paid to the Statutory Auditors and their network
and their compliance with the Auditors’ Charter, which governs their work;
the 2006 balance sheet and the breakdown of the 2007 Internal Audit
Plan;
the risk analysis methods used in the Group;
the deployment and activity of the Compliance function.
The Committee’s examination of the fi nancial statements was accompanied by
a presentation from the Auditors describing the highlights of their engagement
and their conclusions, as well as the accounting policies used and the main
regulatory developments in this area. In addition, the Chief Financial Offi cer
submitted a memo describing the company’s risk exposures and off-balance
sheet commitments.
4.1.5.2 REMUNERATION COMMITTEE
The Committee has three members, all of whom are independent directors:
Franck Riboud in the chair, François de Combret and Marc Ladreit de
Lacharrière.
The Committee met twice in 2007 and the attendance rate was 100%. The main
items on its agenda were:
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the provisional plan for grants of stock options and bonus shares for 2008
and for the Renault Commitment 2009 plan;
the remuneration of the Chairman, President and CEO, and members of
the Executive Committee.
CORPORATE GOVERNANCE 04
THE BOARD OF DIRECTORS
4.1.5.3 APPOINTMENTS AND GOVERNANCE
COMMITTEE
This Committee has three members: Louis Schweitzer in the chair, Marc Ladreit
de Lacharrière and Dominique de La Garanderie. Two of the three members
are independent directors.
The Committee met twice in 2007 and the attendance rate was 100%.
The main items on its agenda were:
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the composition of the Board and an deep assessment of its functioning;
a revision of the list of independent directors in accordance with AFEP/MEDEF
criteria;
a succession plan for Renault’s directors, in accordance with good governance
practices;
a proposal to reduce the term of offi ce of directors elected by employees or
employee shareholders from six to four years.
4.1.5.4 INTERNATIONAL STRATEGY
COMMITTEE
This Committee has six members: Henri Martre in the chair, Yves Audvard, Michel
Barbier, Jean-Claude Paye and Georges Stcherbatcheff. Catherine Bréchignac
was appointed to the International Strategy Committee at the Board meeting
of February 28, 2007, replacing Mr Larrouturou. Two of the six members are
independent directors.
The Committee met twice in 2007 and the attendance rate was 100%.
The main items on its agenda were:
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< TABLE OF CONTENTS >
using Renault and Nissan’s information systems to assist international
growth;
the Chinese automobile market.
✦ Global Reporting Initiative (GRI) Directives Registration Document Renault 2007 137
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