_86 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 3 CORPORATE GOVERNANCE REPORT Administrative, management and supervisory bodies Jean-Christophe Laourde: Social Environment, Human Resources and Governance: Employee representation mandates in the Michelin Group. Member of the Chimie AURA trade union council. Environment, Climate and Biodiversity: active participant in the Shift Project, Time for the Planet. Member of the Environment section of his trade union. Automotive and Mobility Sector: 25 years' experience in sales, marketing and distribution at Michelin. Thierry Le Hénaff: International Management: Since 2006, Chairman and CEO of Arkema, an international group (92% of revenue generated outside France) listed in Paris (Euronext). Previously, numerous operational management positions at Total. Social Environment, Human Resources and Governance: Chairman and CEO of Arkema (international group with over 21,000 employees in more than 55 countries). Materials: Chairman and CEO of Arkema, a group with high-level expertise and innovation capabilities focused on high–performance materials and polymers. Monique Leroux: Finance: former CEO and Chair of the Board of the Desjardins group (Banking and Insurance), former CFO of the Desjardins group, former member of the Board of Directors of S&P Global, Fellow of the Order of Chartered Professional Accountants (CPA) of Canada and former audit partner of EY, Chartered Accountant (CA) and Certified Management Accountant (CMA) degrees. Social Environment, Human Resources and Governance: Fellow of the Institute of Corporate Directors of Canada (ICD), former Chair of the Board of Investissement Québec and Desjardins Group, which promotes investment in innovative sustainable development and climate projects. Chair of the Governance and ESG Committee of BCE/ Bell. Environment, Climate and Biodiversity: member of numerous Canadian expert committees advising on climate projects (advisor on Canadian industrial strategy, G7 Impact Task Force, etc.), author of a report on the future of corporate governance in Canada (ICD/TMX), which includes major ESG recommendations. Delphine Roussy: Social Environment, Human Resources and Governance: various employee representation mandates. Manufacturing: professional experience at Philips and Michelin. IT, Digital and Cyber Security: professional experience in new technologies (3G/4G networks, communication protocols, RFID). Wolf-Henning Scheider: International Management: Member of the Executive Committee of Partners Group AG, former CEO of ZF group and Mahle, former senior executive at Bosch. Manufacturing: former CEO of ZF and Mahle, former senior executive at Bosch. Automotive and Mobility sector: former CEO of international automotive sector companies and former member of the Board of VDA (German automotive industry association). Jean-Michel Severino: Finance: former director at the World Bank, former CEO of the French Development Agency (AFD), manager of investment funds in Africa and Asia, former Chairman and CEO of Investisseurs et Partenaires, former Chairman of the Board of Ecobank International. Social Environment, Human Resources and Governance: Director of Phitrust Impact Investors, former Senior Independent Director of Danone and former Chairman of its Governance and Compensation Committee, former member of the Governance Committee of Orange. Environment, Climate and Biodiversity: at the French Development Agency (AFD), management of investments in the renewable energy, water and green and inclusive growth sectors; participation in numerous expert groups on these subjects at the World Bank; member of the Investment Committee of Energy Access Ventures (an African green energy fund); Chairman of Veolia's Critical Friends Committee (set up to consider the Veolia group's exposure to environmental and social risks). Subject to their election by the Annual Shareholders Meeting of May 17, 2024 (and as from that date): Catherine Soubie: International Management: former Deputy CEO of Rallye, former Managing Director and Head of Investment Banking at Barclays France & Benelux. Finance: 22 years' experience in the finance sector, including Financial Affairs Manager at Lazard, Managing Director at Morgan Stanley and Managing Director, Head of Investment Banking for France, Belgium & Luxembourg at Barclays. Social Environment, Human Resources and Governance: CEO of Arfilia (information, consulting and business services) for the past eight years, member of Clariane's Compensation and Appointments Committee. Pascal Vinet: International Management: Executive Vice President of the Air Liquide Group, overseeing Group Safety & Industrial Systems, Manufacturing: former CEO of Airgas (Air Liquide's Industrial Merchant and Healthcare business lines in the United States) and former Executive Vice President overseeing Air Liquide’s Europe Industries hub, the Africa/Middle East/India hub and Industrial Merchant World business line. Materials: former Vice-President for Research & Development at Air Liquide. Gender balance on management bodies(1) As for all corporate social responsibility issues, the CSR Committee reviews the Group's policies and ambitions in terms of diversity and inclusion. The Michelin Group has launched a certain number of initiatives to make all positions accessible to women and ensure gender wage parity. Concerning women managers, the Michelin Group has launched specific action plans in each of its host regions, with the aim of raising the proportion of women managers to 35% by 2030, and the proportion of women in Top Management positions to 35% by 2030. The strategy to achieve these targets is described in the section on the inclusive culture of diversity and the fight against discrimination, included in the Sustainable Development and Mobility Report (section 4.1.2.2 b) of the 2023 Universal Registration Document). Its implementation led to measures to rebalance the membership of the Group's management bodies, including the Executive Committee, which currently comprises nine members, four of which are women. (1) The reporting scope for this information extends beyond the Company, which has fewer than five employees (none of whom are corporate officers).
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