_208 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Sustainable Development Report In 2023, €117 million, or 100% more than in 2022, was committed to projects to enhance the environmental performance of the production facilities. These budget amounts are based on the definition recommended by the French Accounting Board (CNC recommendation 2003-R02 of October 21, 2003), which covers only outlays that are “supplementary” (i.e., excluding routine maintenance, operating costs, waste management and similar expenses) and “exclusively environmental” (i.e., excluding the environmental aspects of capital expenditure projects). Budget allocation is analyzed in the following table. Group (in € thousands) Total expenditure 2023 2022 2021 Air pollution prevention 13,025 3,953 9,750 Surface water pollution prevention 2,691 2,963 2,200 Soil and subsurface water pollution prevention 3,419 4,703 3,147 Waste reduction and recycling 2,265 2,539 3,264 Sustainable use of water resources 5,988 4,140 2,259 Sustainable use of energy resources 41,232 27,498 16,479 Reduction of greenhouse gas emissions 46,467 10,855 2,402 Preserving biodiversity(1) 205 668 - Other 1,466 1,299 623 TOTAL 116,758 58,618 40,124 As of December 31, 2023, total consolidated provisions for environmental risk amounted to €27.1 million. 4.1.1.4 b) Reducing the environmental footprint of the production plants Since 2005, Michelin has measured the key impacts from its manufacturing operations. Improvements driven by the four environmental programs are tracked at every level, from the sites to the Group Executive Committee, through the i-MEP(2) composite performance indicator, which measures five variables: energy consumption and water withdrawals, CO2 emissions, volatile organic compound (VOC) consumption and the amount of waste generated. The i-MEP is displayed in the Group’s balanced scorecard and is one of the strategic indicators that every plant must track to measure its operational excellence. In 2020, each program defined its 2030 roadmaps. Based on the identified technical levers, the i-MEP indicator is expected to decline by one-third over the period to 2030. The objectives of the four programs are described in more detail below. The 2023 performance is analyzed in the following tables. Improvement in the industrial – Michelin Environmental Performance (i-MEP) Indicator Improvement in the industrial – Michelin Environmental Performance (i-MEP) Indicator Ambitions for 2030 2030 ambition compared with 2019 2019 2023 2024 target % change 2023/2019 i–MEP (in points) -1/3 100 83.9 80 -16.1 (1) In 2020 and 2021, outlays for “preserving biodiversity” were recognized in “Other”. (2) The i-MEP was introduced in 2021 to replace the MEF indicator used from 2005 to 2020. 2019 2023 2030 83.9 Target 2030 = -1/3 40 50 60 70 80 90 100
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