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<strong>Renault</strong> Commitment<br />
2009<br />
Members of the Group Executive Committee at the announcement of <strong>Renault</strong> Commitment 2009.<br />
Left to right: Thierry Moulonguet, Michel de Virville, Michel Gornet, Carlos Ghosn, Patrick Pélata, Patrick Blain and Jean-Louis Ricaud.<br />
Target dividend growth<br />
The robust growth and high operating profit margin<br />
<strong>Renault</strong> is committed to will offer scope for a significant<br />
increase in the dividend. The Board of Directors will be<br />
asked to put a resolution to the Annual General Meeting<br />
calling for a linear rise in the dividend.<br />
The objective in 2009 is 54.50 per share, compared<br />
with 51.80 in <strong>2005</strong>.<br />
Dividend proposal<br />
<strong>2005</strong> <strong>Renault</strong> Annual Report<br />
7