2024 UNIVERSAL REGISTRATION DOCUMENT

04 Sustainability Statement Climate change (E1) l innovating to deploy more environmentally friendly technologies and practices. For example, Michelin takes an active part in discussions about the future of logistics, in a commitment to promoting and deploying innovative technologies. In Europe, the first electric semi-truck (44t) has begun operating on the Lasarte-Vitoria route in Spain, while in France, electric rigid and light vans (16t and 3.5t) have been deployed for last-kilometer delivery since late 2024. Reducing emissions from the purchased energy used in our production plants (upstream purchased energy) In parallel with the levers activated to reduce Scope 1 and 2 emissions, two other primary levers are helping to reduce energy consumption and gradually make greater use of renewables, based on the assumption that the upstream generation and delivery of energy from renewable sources generally releases less CO2 than fossil fuels. 4.2.2.3 Scope 3 emissions from the use of products NB: It is difficult to demonstrate a direct link between a tire’s rolling resistance and a vehicle's CO2 emissions, which depend on many other factors, such as its weight, horsepower, powertrain and conditions of use (driving practices, type of roads, tire inflation and wear, etc.). The Group’s levers essentially correspond to the improvements we deliver in reducing tire rolling resistance, without being able to demonstrate any direct correlation between them and a reduction in emissions. Reducing a tire’s rolling resistance helps to improve a vehicle’s fuel efficiency, which in turn reduces both CO2 emissions during use and ambient air pollutants, such as NOx and SOx. Lower rolling resistance also increases the range of electric vehicles. Over the past 30 years or more, Michelin has reduced the rolling resistance of its tires by half, without ever compromising on other performance factors. These gains will continue apace between now and 2030, in particular through eco-design practices. A large number of product ranges already demonstrate this commitment, which is an integral part of the Group's strategy and business model: n Improvements in the rolling resistance of passenger car and light truck tires brought to market in 2023 were led by two lines: the MICHELIN e.Primacy and the MICHELIN Pilot Sport EV, both of which deliver a wide array of new technologies. On average, driving on MICHELIN e.Primacy tires reduces a vehicle’s fuel consumption by 0.2l/100km and its CO2 emissions by 5g/km, which throughout the life of the tire represents 174kg in avoided CO2 emissions. For drivers of electric vehicles, this record energy efficiency translates into 7% longer range. Additionally, the MICHELIN Pilot Sport EV, the first sport tire specifically designed for electric cars, improves range by 10% while significantly reducing CO2 emissions. n In truck tires, a myriad of technological advances is delivering not only improvements in fuel efficiency and concomitant reductions in CO2 emissions, but also the ability to run the tire down to the last millimeter of the legal wear limit thanks to remarkably long tread life(1). With the introduction of the MICHELIN X® Incity™ EV Z tire, MICHELIN is supporting the electrification of city buses, with improved rolling resistance and load bearing capacity. To further the environmental transition in the road transportation industry, Michelin is supporting the deployment of future zero-emission vehicles (ZEV) by forging partnerships with its OEM customers. n The development of services and solutions that optimize the use and management of vehicle fleets is a significant Michelin contribution to the functional economy, which is helping to drive the transition to a low-carbon economy. This pathway involves either (i) supplying both a product and a service to manage and maintain tires in ways that optimize their energy efficiency and other performance factors; or (ii) providing a stand-alone service that helps to streamline fleet operations (e.g., by digitizing tire inspections) and make driving more efficient, safer and greener. Today, the Michelin Connected Solutions business line is designing, developing and prototyping new, data-enabled solutions that help fleets to optimize their management and improve their safety performance and margins, while reducing their carbon footprint(2). (1) Brought to market in 2016, the MICHELIN X® LINE™ ENERGY™ tires for long-haul trucks were the first tire family to be rated A in energy efficiency under EU tire-labeling rules. In addition, the rating was for any axle, enabling an entire rig to be outfitted. Since then, Michelin has pursued its innovation commitment by broadening both the MICHELIN X® LINE™ ENERGY™ and the MICHELIN X® MULTI™ ENERGY™ ranges. (2) MICHELIN Connected Fleet helps to reduce empty kilometers to optimize fleet operations and vehicle use. It also offers an innovative CO2 dashboard that improves energy efficiency and reduces the carbon footprint. Watèa by MICHELIN is an all-in-one offering combining the supply of battery or hydrogen fuel cell EVs with recharging solutions, a package of services and long-term support that facilitates the energy transition both operationally and financially. By helping customers shift their fleets to low-carbon operations sooner, Michelin is making a significant contribution to mitigating their impact on the environment, MICHELIN Consulting & Services offers mining companies advanced productivity and safety solutions that reduce the environmental impact of their operations. 201 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN

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