2024 UNIVERSAL REGISTRATION DOCUMENT

01 DESIGNING AND PROCESS ENGINEERING FLEXIBLE COMPOSITE PRODUCTS High-performance expertise Michelin’s distinctive product design expertise, particularly in flexible composites, stems from a combination of several capabilities, starting with an unparalleled knowledge of tires, the Group’s historical core business. It understands their physical characteristics perfectly and is capitalizing on this foundational expertise to enhance their performance and meet customer needs. The Group has also acquired a high degree of excellence in modeling and characterizing flexible structures. In addition, Michelin enjoys a solid base of expertise in multi-scale object prototyping, along with testing and measurement resources to support the seamless transition from virtual to real and the highly efficient development of new products. Committed to achieving the right balance of technical performance and durability Michelin is pursuing its commitment to designing products that are lighter on the environment while still delivering the same long-lasting performance. It is doing so by activating such levers as (i) widely deploying the use of life cycle assessments; (ii) applying the energy loss expertise acquired in tires to flexible composites; and (iii) working on the endurance and wear resistance of conveyor seals and belts to improve their service lives A multitude of applications The expertise acquired in flexible composites is enabling Michelin to develop engineered applications for a wide range of industries. These conveyors, belts, seals, engineered fabrics and films, and other products and services address such markets as aerospace, construction, railways, maritime shipping and high-precision medical applications. One example is the Michelin AirProne line of air cushions, which support patients suffering from acute respiratory distress by improving the positioning of their head, pelvis and thorax, making them more comfortable while helping to prevent bedsores. Another application is the Fenner Eagle XLD O-ring belt, whose greater strength enables conveyors to carry four times the load, with less downtime and optimized maintenance costs. All these applications are mission-critical: with their very high technological content, they ensure that their system function operates reliably and smoothly, thereby creating lasting value for both customers and Michelin. Our distinctive capabilities Turning challenges into success 33 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN

RkJQdWJsaXNoZXIy NzMxNTcx