3 _101 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 3 CORPORATE GOVERNANCE REPORT Supervisory Board practices – Activities in 2023 3.2.2 Supervisory Board members’ attendance rates The Supervisory Board met nine times in 2023 - on February 10, April 17, April 25, May 12, May 26, July 25, October 9-10, October 23 and December 15. With one exception, all of the scheduled meetings were full-day events, with one meeting lasting two days (including visits by Board members to Group facilities in Eastern Europe). The Chair of the Supervisory Board and the Chairman of the Compensation and Appointments Committee ensure that Board members comply with their commitments in terms of availability to carry out their duties under the best possible conditions. The overall attendance rate at Board and Committee meetings was 100% (excluding the Board meetings of April 17, May 12 and May 26, which were not scheduled at the beginning of the year). The attendance rates at Board and Committee meetings of the individual Board members are presented in the table below: Supervisory Board members Participation at meetings scheduled in 2023(1) Supervisory Board Audit Committee Compensation and Appointments Committee Corporate Social Responsibility Committee Barbara Dalibard 100% N/A N/A N/A Jean-Pierre Duprieu 100% N/A 100% N/A Aruna Jayanthi 100% 100% N/A N/A Anne-Sophie de La Bigne 100% N/A 100% 100% Patrick de La Chevardière 100% 100% N/A N/A Jean-Christophe Laourde 100% N/A N/A 100% Thierry Le Hénaff 100% N/A 100% N/A Monique Leroux 100% 100% N/A 100% Delphine Roussy 100% N/A 100% N/A Wolf-Henning Scheider 100% 100% N/A N/A Jean-Michel Severino 100% N/A N/A 100% (1) Excluding unscheduled meetings (three Board meetings, two Audit Committee meetings and one Corporate Social Responsibility Committee meeting). 3.2.3 Training for Supervisory Board members As part of its training policy for Supervisory Board members, during the year the Company once again organized a special training program on the Group's operations. The program gave all of the Supervisory Board members an opportunity to acquire or refresh their hands-on insight into how Michelin's various businesses are run. Board members also attended a training session on the main regulations governing CSR commitments and reporting. The training was provided by the Independent Third-Party Body (ITB) responsible for auditing the Non-Financial Statement. It focused mainly on the challenges created by these regulations and their future direction, the key issues and points of attention for Boards of Directors and Supervisory Boards – particularly with regard to the Corporate Sustainability Reporting Directive (CSRD), the European Sustainability Reporting Standards (ESRS) and the European Taxonomy – and the practical implications for Michelin. The Board members visited the Group's main Research and Development facility, where they heard detailed presentations on how Michelin's distinctive tire expertise is being applied in new strategic areas, such as flexible composites, medical applications and hydrogen membranes. These presentations were given by the Group's main R&D managers. The Board members also paid a two-day visit to a multi-activity site in Central Europe, accompanied by the Regional Director and the Shared Service Center Director. During the visit, they heard a presentation on the region’s characteristics, Michelin's position and the strengths that the Shared Service Center brings to bear in the drive to achieve operational excellence in support of the Group's “all-sustainable” strategy. The visit was also an opportunity for the Board members to meet with the local teams and discuss with them the site’s key projects and the social, societal and climate-related aspects of its activities.
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