_300 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 4 NON-FINANCIAL STATEMENT Non-Financial Statement ● verified that the Statement presents the business model and a description of the main risks associated with all the consolidated entities’ activities, including where relevant and proportionate, the risks associated with its business relationships, its products or services, as well as its policies, measures and the outcomes thereof, including key performance indicators associated with the main risks; ● referred to documentary sources and conducted interviews to: ● assess the process used to identify and confirm the main risks as well as the consistency of the outcomes, including the key performance indicators used, with respect to the main risks and the policies presented, and ● corroborate the qualitative information (measures and outcomes) that we considered to be the most important presented in Appendix; For some risks, fight against corruption, fight against tax evasion, safety of tire products, non-respect of human rights by suppliers, impact of product use (scope 3) on climate change, impact of suppliers (scope 3) on climate change, non-compliance with the supplier relations code of conduct, development of products and services beyond tires, our work was carried out on the consolidating entity; for other risks, our work was carried out on the consolidating entity and on a selection of sites: Ardmore, Fort Wayne, Louisville, Norwood (United States), Campo Grande, Resende (Brazil), Aranda, Lasarte (Spain), Bourges (France), Euromaster ATS, Euromaster Trucktire (United Kingdom), Bucharest (Romania), Karlsruhe (Germany), Olsztyn (Poland), Nyiregyhaza (Hungary), Hat Yai (Thailand), Cilegon (Indonesia), Shanghai (China); ● verified that the Statement covers the consolidated scope, i.e. all the entities within the consolidation scope in accordance with Article L. 233-16 of the French Commercial Code within the limitations set out in the Statement; ● obtained an understanding of internal control and risk management procedures the Entity has implemented and assessed the data collection process aimed at ensuring the completeness and fairness of the Information; ● for the key performance indicators and other quantitative outcomes that we considered to be the most important presented in Appendix, implemented: ● analytical procedures to verify the proper consolidation of the data collected and the consistency of any changes in those data; ● tests of details, using sampling techniques, in order to verify the proper application of definitions and procedures and reconcile the data with supporting documents. This work was carried out on a selection of contributing sites: Ardmore, Fort Wayne, Louisville, Norwood (United States), Campo Grande, Resende (Brazil), Aranda, Lasarte (Spain), Bourges (France), Euromaster ATS, Euromaster Trucktire (United Kingdom), Bucharest (Romania), Karlsruhe (Germany), Olsztyn (Poland), Nyiregyhaza (Hungary), Hat Yai (Thailand), Cilegon (Indonesia), Shanghai (China), and covers between 19% and 42% of the consolidated data relating to the key performance indicators and outcomes selected for these tests; ● assessed the overall consistency of the Statement in relation to our knowledge of all the consolidated entities. The procedures performed in a limited assurance review are less in extent than for a reasonable assurance opinion in accordance with the professional guidelines of the French National Institute of Statutory Auditors (Compagnie Nationale des Commissaires aux Comptes); a higher level of assurance would have required us to carry out more extensive procedures. Neuilly-sur-Seine, February 16, 2024 One of the Statutory Auditors PricewaterhouseCoopers Audit Jean-Christophe Georghiou Partner Sylvain Lambert Sustainable Development Partner
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