Bylaws

The bylaws define the role of the Board of Directors, who together represent the company's shareholders. Renault carefully analyzes the best corporate governance practices in the AFEP/MEDEF report and makes every effort to incorporate the report’s recommendations into its internal regulations.

Directors' Charter

The bylaws are accompanied by a charter that establishes the rights and duties of members of the Board of Directors. 

Compliance Officer

The Board of Directors has adopted procedures for the use and/or disclosure of privileged information. The Compliance Officer must be consulted by any permanent holder of privileged information in order to verify that individual transactions arising from the exercise of stock options, or any other transaction involving securities issued by a Group company, comply with the Code of Good Conduct and the rules in force.

In FY 2006, the Compliance Officer:
• ensured that the procedure for the use and/or disclosure of inside information was observed when exercising options held under the plans; no breach of the authorized procedure was found.
• updated the lists of holders of inside information, in parallel with the introduction of a new organizational structure, in order to comply with the new regulations of France’s securities regulator, the AMF.