The Group Management Committee The Group Management Committee brings together members of following units: Purchasing, Audit, Internal Control and Risk Management, Corporate & Business Services, Finance, Legal Affairs, Quality, Supply Chain, Strategy, Information Systems, North America Region and China Region. It is tasked with leading transformation, competitiveness, diversity and acquisition integration programs. It also manages the development of the Corporate & Business Services unit and the internal control, quality and risk management processes. Regular, constructive stakeholder dialogue As part of our good governance practices, we engage in open dialogue with stakeholders at the local, national and international levels. In this way, we can keep our fingers on the pulse of society, gain insight into its expectations and how they are changing, and make better informed decisions. Since 2016, the Stakeholders Committee has comprised 12 people representative of the Group’s leading stakeholders, including suppliers, investors, unions, customers and non-governmental organizations (NGOs). Four continents are represented on the Committee, which meets with the Executive Committee for a full day at least once a year to discuss Michelin’s sustainable development strategy. A CUSTOMER‑CENTRIC ORGANIZATION Focused on identifying and meeting customer needs, the Michelin organization is supported by an assertive employee empowerment process being deployed at every level and in every aspect of the business through: 20 Global Business Lines design solutions for customers sharing similar expectations. 9 Regions are responsible for managing customer relationships and increasing sales. 7 operating units provide their expertise and support. 1 lean Corporate Unit comprises departments focused on their strategic missions. 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN _45
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