Universal Registration Document 2023

5 _391 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 5 FINANCIAL PERFORMANCE 2023 consolidated financial statements Note 13. GOODWILL AND INTANGIBLE ASSETS Changes in goodwill and intangible assets are as follows: (in € millions) Goodwill Intangible assets Total Gross carrying amounts at January 1, 2022 2,393 4,125 6,518 Translation adjustments 88 31 119 Additions (including new emission allowances: €56 million) - 278 278 Disposals - (200) (200) Changes in scope of consolidation 107 34 141 Transfers and other - 9 9 Gross carrying amounts at December 31, 2022 2,588 4,277 6,865 Translation adjustments (50) (17) (67) Additions (including new emission allowances: €44 million) - 276 276 Disposals - (122) (122) Changes in scope of consolidation 601 47 648 Transfers and other - 12 12 Gross carrying amounts at December 31, 2023 3,139 4,473 7,612 Amortization and impairment at January 1, 2022 (107) (2,314) (2,421) Translation adjustments 1 (34) (33) Amortization - (286) (286) Net impairment (52) (15) (67) Disposals - 174 174 Changes in scope of consolidation - 3 3 Transfers and other - (2) (2) Amortization and impairment at December 31, 2022 (158) (2,474) (2,632) Translation adjustments 3 17 20 Amortization - (304) (304) Net impairment (11) 1 (10) Disposals - 82 82 Changes in scope of consolidation 9 3 12 Transfers and other - (4) (4) Amortization and impairment at December 31, 2023 (157) (2,679) (2,836) NET CARRYING AMOUNTS AT DECEMBER 31, 2023 2,982 1,794 4,776 Net carrying amounts at December 31, 2022 2,430 1,803 4,233

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