Universal Registration Document 2023

_412 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 5 FINANCIAL PERFORMANCE 2023 consolidated financial statements (in € millions) December 31, 2023 December 31, 2022 Current Non-current Current Non-current Bonds repayable by Compagnie Générale des Établissements Michelin - 994  nominal amount of €1,000 million  issued in August 2018 and due in September 2030  nominal interest rate of 1.75%  effective interest rate of 1.84% (2.00% after hedging) - 993 Bonds repayable by Compagnie Générale des Établissements Michelin  nominal amount of €500 million  issued in October 2020 and due in November 2028  nominal interest rate of 0.00%  effective interest rate of 0.06% - 498 - 498 Bonds repayable by Compagnie Générale des Établissements Michelin - 299  nominal amount of €300 million  issued in May 2015 and due in May 2027  nominal interest rate of 1.75%  effective interest rate of 1.86% (1.80% after hedging) - 299 Bonds repayable by Compagnie Générale des Établissements Michelin - 748  nominal amount of €750 million  issued in August 2018 and due in September 2025  nominal interest rate of 0.875%  effective interest rate of 1.04% (1.17% after hedging) - 747 Debt component of convertible bonds repayable by Compagnie Générale des Établissements Michelin - -  nominal amount of $600 million  issued in January 2018 and due in November 2023  nominal interest rate of 0%  effective interest rate of 2.50% (0.16% after hedging)  conversion price at December 31, 2022 of €42.0367 554 - Commercial paper repayable by Compagnie Générale des Établissements Michelin 295 - -  in $, euro-equivalent nominal amount: €45 million (2022: €71 million)  effective interest rate of 5.65% at December 31, 2023  in €, nominal amount: €250 million (2022: €580 million)  effective interest rate of 4.00% at December 31, 2023 649 - TOTAL 295 4,591 1,203 4,587

RkJQdWJsaXNoZXIy NzMxNTcx