Sustainability Statement General information 04 4.1.4.2 The relationship between the double materiality assessment and the Michelin Group’s business model The most material matters resulting from the double materiality assessment have been fundamentally integrated into the Group’s business model. In 2024, the double materiality matrix comprised twenty-six impacts, risks and opportunities deemed to be material to the Group. The following matrix presents the materiality of the matters according to the most significant IROs for each one. E4 E5 S1 G1 E1 E1 S2 S1 S1 S4 E1 E1 E3 E2 E2 E2 E5 E5 E S G SUSTAINABILITY Stakes FROM THE DOUBLE MATERIALITY ASSESSMENT NON-MATERIAL MATERIAL Business ethics Talent attraction and retention Climate adaptation Zero emissions mobility Human rights in the value chain Employee health and safety Social protection Quality and safety of products and services Climate change mitigation (Scopes 1&2) Climate change mitigation (Scope 3) Water consumption Air and water pollution Air, water and soil pollution in the value chain Deforestation / habitat degradation End-of-life tire (ELT) management Wear particles (TRWP) Resource depletion Product circularity : ENvironment : Social : Governance MATERIAL TOPICS NON-MATERIAL MATERIAL IMPACT MATERIALITY FINANCIAL MATERIALITY Negative impact or risk Positive impact or opportunity 188 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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