Corporate governance report Supervisory Board practices – Activities in 2024 02 n Wolf-Henning Scheider: l Social Environment, Human Resources and Governance(3): Executive Director for Sustainability at Partners Group AG. l International Management: member of Partners Group AG’s Executive Committee responsible for private placements, former CEO of ZF group and Mahle, former senior executive at Bosch. Manufacturing: former CEO of ZF and Mahle, former senior executive at Bosch. l Automotive and Mobility sector: former CEO of international automotive sector companies and former member of the Board of VDA (German automotive industry association). 2.2.11.2 Role and responsibilities The role and responsibilities of the CSR Committee and its interactions with the other Committees are described in its internal rules, available on the Group's website www.michelin.com. The Committee's remit covers the various aspects of corporate social responsibility and it works closely with the other Committees of the Board on matters that are of interest to them. This includes working with the Audit Committee on matters relating to the management of CSR risks and sustainability reporting. For the first sustainability reporting exercise in application of the Corporate Sustainability Reporting Directive (CSRD), including preparation of the first Sustainability Statement, the main tasks of the CSR Committee, as defined in its internal rules referred to above, were as follows: n review the Group’s strategy, ambitions, policies and commitments in the overall area of sustainability and particularly in the following specific areas: l environment and climate/decarbonization, l human rights, l health, safety and security, l people management and social cohesion, l ethics and compliance, and make recommendations on these matters; n ensure that the Group’s strategy is aligned with its sustainability objectives and that its initiatives are aligned with the those objectives; n ensure that CGEM and the Group demonstrate a level of engagement concerning sustainability matters that is aligned with the expectations of the various stakeholders. To this end, the Committee: n ensures that the internal sustainability management system is robust and compatible with the external expectations and requirements that it has identified; n in coordination with the Audit Committee, ensures that CGEM’s management performs a double materiality assessment of internal or external sustainability matters (Impacts, Risks and Opportunities – IRO) affecting the Group, and analyzes sustainability risks, for the preparation of the risk map and double materiality matrix, as well as for other purposes as needed; n is informed by the Audit Committee of (i) its work on sustainability matters, particularly the preparation of sustainability information and the related reports, (ii) sustainability-related internal control and risk management systems, and (iii) the Audit Committee’s oversight of the Statutory Auditors responsible for certifying sustainability information; n examines the Group’s sustainability policies, guidelines and charters and ensures that they are effective; n expresses an opinion on the completeness of the matters covered by the sustainability information included in the annual management report, and makes recommendations for future reports; n examines the sustainability indicators presented by CGEM’s management; n performs annual reviews of the topics discussed by the Corporate Stakeholders Committee, presented by CGEM’s management; n performs annual reviews of the Group’s non-financial ratings; n tracks emerging sustainability standards and best practices. 106 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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