Universal Registration Document 2023

_216 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Sustainable Development Report WASTE PRODUCED* (base 100) * Absolute value. WASTE GENERATED (kt) 2019 330.8 2021 315.4 2022 296.9 2023 273.1 4.1.1.4 f) Reducing water withdrawals and effluent discharge OUR AMBITIOUS OBJECTIVES The Group is committed to eliminating all of its impact on water availability in local communities by 2050. It is well aware of the growing scarcity of this vital resource and is pursuing its strategy of steadily reducing withdrawals. Its 2030 objective is to reduce these withdrawals, weighted for each facility’s specific water stress coefficient, by 33% compared to 2019 (indicator: water stress x cu.m per tonne of semifinished and finished product). To meet this 2030 target, the Group is activating levers aimed at: ● reducing and eliminating leaks; ● reducing steam consumption; ● reducing evaporation; ● using water-saving systems; ● measuring and controlling water use; ● raising people’s awareness of water issues; ● optimizing recycling and/or reuse. Organization in place to meet the objective Introduced in 2017, the Water Program is structured around the Water Expert Team (WET), a network of water stakeholders who meet quarterly to: ● identify levers to reduce water withdrawals; ● find and share best practices; ● identify possible synergies with energy-related initiatives and stakeholders; ● organize the deployment of these levers and practices. In 2020, a Group-level water roadmap was defined for 20202030, based on the potential gains from each lever. In 2021 and 2022, the production facilities prepared their own water roadmaps to 2030, using the Group levers, shared best practices and site-specific diagnostics or workshops. 2022 saw the launch of the Lean Water process, which lays down a methodological foundation for meeting the 2030 water objectives more effectively. Following the phases in the Define, Measure, Analyze, Implement and Control (DMAIC) process, all the tools and methods needed to meet and document progress on a production site were listed and a three-year plan was defined to finalize their creation. WATER WITHDRAWALS* (base 100) * Absolute value. 2023 Outcomes In 2023, the water performance ratio of withdrawals per tonne of semi-finished and finished product improved significantly, decreasing by 8.1% year-on-year despite the 4.8% decline in output at constant scope over the period and the surge in cooling water use during the summer heatwaves in Europe and the United States. In absolute terms, water withdrawals declined by 10.2% over the year. 2019 100 95 90 83 2021 2022 2023 ReDUcE Reuse RECYCLE 2019 100 97 92 83 2021 2022 2023

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