MEETING THE HIGHEST STANDARDS OF GOVERNANCE Governance structure Stable, balanced governance Michelin's governance structure is based on a clear segregation of management and supervisory powers, and grounded in the long-term responsibility of its senior executives. General Partners with unlimited joint and personal liability for the Company’s debts Ownership and voting rights structure is presented in section 3.11 Shareholders Limited partners, with liability proportionate to their investment Non-Managing General Partner (SAGES) Chair: Vincent Montagne Managing Chairman and General Partner Florent Menegaux Supervisory Board Chair: Barbara Dalibard General Manager Yves Chapot Statutory Auditors Deloitte & PwC The Managers administer and manage the Company Collaborate on Manager compensation and succession planning; make recommendations _42 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN Governance structure
RkJQdWJsaXNoZXIy NzMxNTcx