2024 UNIVERSAL REGISTRATION DOCUMENT

05 Financial performance 2024 consolidated financial statements NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DETAILED SUMMARY OF THE NOTES TO THE FINANCIAL STATEMENTS Note 1 General information 360 Note 2 Basis of preparation 360 Note 3 Highlights 365 Note 4 Changes in the scope of consolidation 366 Note 5 Segment reporting 368 Note 6 Operating items 371 Note 7 Other operating items 375 Note 8 Workforce, compensation and benefits 378 Note 9 Financial assets, liabilities, income and expenses 389 Note 10 Notes to the statement of cash flows 396 Note 11 Taxes 397 Note 12 Intangible assets and PP&E 400 Note 13 Right-of-use assets 406 Note 14 Investments in equity-accounted companies 408 Note 15 Total equity 410 Note 16 Commitments and contingencies 413 Note 17 Derivatives, financial risk management and fair value of financial assets and liabilities 415 Note 18 Related-party transactions 426 Note 19 Events after the reporting date 426 Note 20 List of consolidated companies 427 Note 21 Statutory Auditors' fees 437 359 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN

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