Corporate governance report Supervisory Board practices – Activities in 2024 02 2.2.9 AUDIT COMMITTEE(1) 2.2.9.1 Members(2) The Audit Committee has at least three members appointed for their full term as Supervisory Board members. At least two-thirds of the members must be independent. The Audit Committee comprises the following members, all of whom are independent: n Patrick de La Chevardière, Chairman; n Aruna Jayanthi; n Monique Leroux; n Wolf-Henning Scheider; n Catherine Soubie. The qualifications and experience of the Audit Committee members at December 31, 2024 have given them extensive expertise in financial and accounting matters: n Patrick de La Chevardière: l International Management: former Asia Director in Total's refining and distribution division; l Finance: CFO of Total for 10 years and extensive management experience as a finance professional; l Manufacturing: varied experience in Exploration, Production and Refining at Total, member of the Board of Directors of SLB (ex. Schlumberger). n Aruna Jayanthi: l International Management: numerous international business management positions in the Capgemini group, in India, Americas and Canada; l IT, AI and Cyber Security: 38 years' experience in IT services companies including Tata Consulting and Aptech, management of the Capgemini software factory in India (50,000 employees). n Monique Leroux: l 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 S&P Global, Fellow of the Order of Chartered Professional Accountants (CPA) of Canada and former audit partner of EY, holder of Chartered Accountant (CA) and Certified Management Accountant (CMA) degrees. l Environment, Climate and Biodiversity(3): 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. n Wolf-Henning Scheider: l International Management: former CEO of ZF Friedrichshafen and Mahle, former senior executive at Bosch; l Manufacturing: former CEO of ZF group and Mahle, former senior executive at Bosch; l Environment, Climate and Biodiversity(3): Executive Director for Sustainability at Partners Group AG; knowledge and/or expertise covering all sustainability matters identified by the Company; n Catherine Soubie: l International Management: former Deputy CEO of Rallye, former Managing Director and Head of Investment Banking at Barclays France & Benelux. l 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, President of the Clariane Audit Committee. (1) At December 31, 2024. (2) Since May 2024. Between January and May 2024, the Committee members were: Patrick de La Chevardière, Aruna Jayanthi, Monique Leroux and WolfHenning Scheider (all qualified as independent members). Biographical details and other information concerning the members of this Committee of the Supervisory Board are provided in section 2.1.3.3 of this 2024 Universal Registration Document. (3) See also the table showing the members’ expertise in sustainability matters, in section 2.1.3.3 of this report. 100% ATTENDANCE RATE 7 MEETINGS 100% INDEPENDENCE 60% WOMEN MEMBERS 5 MEMBERS 100 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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