4 _161 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Scope of the report SCOPE OF THE REPORT SDG 12.6. Definition of content and scope of reporting The Michelin Group consists of Compagnie Générale des Établissements Michelin (CGEM), a French société en commandite par actions (partnership limited by shares) listed on the Euronext Paris stock exchange, and its subsidiaries, in which it owns at least a 50% equity interest or over which it exercises exclusive control. In every host country around the world, it applies the corporate social responsibility (CSR) reporting standards defined by French legislation. This report therefore complies first and foremost with the provisions of the French Commercial Code, which in its Articles L. 225-102-1 and L. 22-10-36 requires every company that is publicly traded in France to include in its management report a non-financial statement disclosing how it manages the social and environmental impact of its business operations, as well as the impact of these operations with regard to upholding human rights and preventing corruption and tax evasion. To strike the right balance between regulatory compliance, meeting stakeholder expectations (as increasingly expressed in emerging international reporting standards) and maintaining readability, the report is organized into two sections. The first, the Sustainable Development Report, offers a common core of content addressing the shared expectations of all our stakeholders. This is followed by the Non-Financial Statement (4.2) and the Duty of Care Plan (4.3), which are presented in the form of concordance tables, whose disclosure categories specifically refer to the related paragraphs in Chapter 1 above and the Sustainable Development Report below. In particular, this report has been prepared in accordance with Global Reporting Initiative (GRI)(1) compliance reporting, the Auto Parts standard of the Sustainability Accounting Standards Board (SASB), and the degree of impact on the 17 United Nations Sustainable Development Goals (SDGs), as expressed in the concordance tables at the end of this chapter. The Michelin Group applies all the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) issued on June 29, 2017. Reporting cycle and period The reporting cycle is annual, with this year’s reported data covering the 12 months from January 1 to December 31, 2023. Indicators Based on the ambitious objectives and targets set for 2030, certain key performance indicators were defined in 2020. For comparative purposes, historical data for these new indicators are presented over the past two years. For the other key indicators, which have not changed, performance data are still reported over the past five years. ESG data have been reported on michelin.com(2) since 2021. Restatements: If calculation methods change or erroneous data are corrected, a restatement is issued, with an explanation systematically provided for each indicator. Unless otherwise specified, when a new company joins the Group, data for years prior to the date of acquisition are not restated. (1) In accordance with the standards specified in GRI 1: Foundation 2021, effective for reports published on or after January 1, 2023. (2) https://www.michelin.com/en/investor/regulatory-information
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