What is the role of the Group’s External Stakeholders Committee? > Lorraine Frega Michelin created the External Stakeholders Committee because it believes in the benefits of continuous dialogue with its various stakeholders. The Committee, which comprises people from outside or independent of the Group, as well as members of the Group Executive Committee, acts as a think-tank for the Group's senior management. It gives them greater insight into changes in our operating environment, which in turn helps them to grasp the new expectations and social challenges that the Group must be ready to address. It also paves the way for our transformation by nurturing our foresight and over-the-horizon vision. Its constructive recommendations shed light on the solutions that the Group can implement to help drive the emergence of a more sustainable world. What role does social dialogue play in the organization? > LF: The Group’s social dialogue process is designed to provide actionable solutions for achieving the right balance between financial performance and social progress and for fostering a sense of ownership and co-destiny. Michelin has long been a pioneer in social progress. In France, we elected employee representatives to the Supervisory Board ahead of the PACTE Act mandating their election, which we supported. Worldwide, we set up a Global Works Council in 2020 to deepen social dialogue across the organization. The Group also stands out for the progress made in employee benefits, such as the ambitious skills development program focused on improving employability, the universal social protection floor introduced in the Michelin One Care program, whose coverage will be extended worldwide by 2025, and the commitment to the principle of a living wage. How do Michelin’s employee collectives manage to get things moving? > LF: Our employee collectives, which were spontaneously formed by employees and then supported by the Group, are focused on making the Group’s environmental and social transition a reality. Their initiatives are helping to drive progress in such areas as the environment (One Planet), diversity and inclusion (Better Together) and the development of leadership skills (ICARE). They are convinced that Michelin is part of the solution to the immense challenges facing society today. Lorraine Frega Executive Vice President, Distribution and Services & Solutions Business Line; Executive Vice President, Strategy, Innovation and Partnerships, Sustainable Development and Impact; Head of the China Region The challenge is to respond ambitiously to changes in our environment.” Engaging in stakeholder dialogue to enrich our decisions 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN _33
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