_282 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Sustainable Development Report Frontline initiatives The Global Platform for Sustainable Natural Rubber (GPSNR) To drive faster progress toward a more sustainable natural rubber supply chain, Michelin worked with a diverse group of stakeholders to create the multi-stakeholder Global Platform for Sustainable Natural Rubber (GPSNR). It is now leading improvements in the environmental and socioeconomic performance of the entire natural rubber industry. GPSNR brings together stakeholders from across the natural rubber value chain, including farmers, processors and brokers, tiremakers and other users, automakers and civil society, with the participation of a large number of NGOs. Michelin chaired the GPSNR Executive Committee until the end of 2021 and remains one of the organization’s most active members. In 2023, it participated in six GPSNR working groups: Transparent Reporting Task Force, Assurance Model, Strategy and Objectives, Smallholder Representation, Capacity Building, Shared Responsibility and Risk Assessment. For more information, please visit www.gpsnr.org. To find out more: More extensive information about our natural rubber commitments may be found on the dedicated Michelin Purchasing website(1), which presents the following documents, generally organized around the four themes of people, the environment, farmers and stakeholders: ● the latest version of the Sustainable Natural Rubber Policy; ● the Sustainable Natural Rubber Roadmap 2020-2025; ● annual reports on Michelin Natural Rubber Operations and Supply Chain; ● a set of comprehensive, regularly updated indicators that track progress on the sustainable natural rubber policy. (1) https://purchasing.michelin.com/en/sustainable-natural-rubber-policy/. AMAZONAS (Brazil) Livelihood & forest preservation Since: 2021 ~ 800 ‘seringueiros’ Financed by Michelin Foundation Deployed by WWF AGROFORESTRY (Thailand) Biodiversity & livelihood Project: 2022 - 2025 1,000 village smallholders Co-financed by Group Renault under GPSNR(3) umbrella RIVER (Sri Lanka) Livelihood & environment Project: 2022 - 2025 6,000 village smallholders Co-financed by French Finance Ministry MAHAKAM, (Indonesia, East Kalimantan) Livelihood & environment Project: 2022 - 2025 Financed by Michelin 2,000 village smallholders RLU CPP (Sumatra & East Kalimantan) Livelihood & environment Since: 2020 1,000 village smallholders Financed by Michelin CASCADE (Indonesia, Sumatra) Livelihood & environment Project: 2020 - 2024 1,000 village smallholders + 5,500 smallholders (Boost) Co-financed by Porsche Labor contact & land tenure Since: 2021 National supply chain With APROMAC(1), FIRCA(2) MICHELIN COMMITMENTS TO DEVELOP A MORE SUSTAINABLE NATURAL RUBBER SUPPLY CHAIN Target to develop capacity building for 30,000 smallholders by 2030 (1) Association des Professionnels du Caoutchouc Naturel de Côte d'Ivoire (2) Fonds Interprofessionnel pour la Recherche et le Conseil Agricoles (3) Global Platform for Sustainable Natural Rubber SIPH (Ivory Coast-Ghana)
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