_252 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Sustainable Development Report SENIORITY(1) Contract employees The number of contract employees declined in 2023, to 2.5% of full-time equivalent employees, compared with 3.9% in 2022 and 4.1% in 2021. Temp agency workers The number of temp agency workers declined in 2023, to 1.09% of employees on payroll. 4.1.2.4 b) Employer appeal, promoting from within, team succession plans The new hiring policy introduced in 2018 reaffirmed the following vision: “The MICHELIN Employer Brand is a factor of differentiation in hiring the people the Group needs, in addition to promotions and transfers from within the organization.” In 2023, each of the nearly 10,643 people hired under permanent contracts during the year attended an induction program that guided them through their first days on the job and gave them first-hand insights into Michelin’s culture and history. After two years of intense recruitment, in 2021 and 2022, hiring declined in 2023, primarily among production operators and in regions (North America, Central Europe and Asia) that had experienced periods of high turnover and/or ramp-up. Michelin consistently prefers to promote from within. As of 2023, 68% of people in management have come up through the ranks and have been promoted one or more times after their induction period. In addition, potential reviews serve as a basis for effectively managing the people most likely to progress within the organization. Employee movements as of December 31, 2023 NEW HIRES New hires under permanent work contracts. In all, 10,643 people were hired over the year, of whom more than 29% were women. SEPARATIONS BY REASON Separations in 2023 Resignation Dismissal/ termination by mutual agreement Retirement Death Total Group 3,188 5,565 1,324 128 10,205 Scope: Employees under permanent work contracts, excluding the dealership networks and recently acquired companies. The three main reasons for separation are dismissals and terminations, resignations and retirement. In all, the Group’s attrition rate stood at 9.8% for the year. (1) Concerns all employees except Group managers and senior managers, InTouch classification. > 20 years 15-20 years 10-15 years 5-10 years 2-5 years ≤ 2 years 23.3% 12.0% 14.2% 19.2% 13.9% 17.3% 4,601 1,273 3,305 630 834 South America Europe Africa, India, Middle East North America Asia, Australia, China
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