6 _479 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 6 INVESTOR RELATIONS Share information 6.2.4 Capital and ownership structure At December 31, 2023, Michelin’s share capital amounted to €357,479,113. At December 31, 2023 At December 31, 2022 At December 31, 2021 Number of shareholders Shares outstanding Voting rights outstanding Number of shareholders Shares outstanding Voting rights outstanding Number of shareholders Shares outstanding Voting rights outstanding French institutional investors 4 497 20.4% 24.0 % 22.8% 25.7% 23.6% 27.3% Non-resident institutional investors 67.0% 61.8 % 4,509 64.7% 59.7% 4,123 65.5% 59.2% Individual shareholders 170,391 10.5% 11.9 % 156,694 10.3% 12.1% 139,099 9.2% 11.5% Employee share ownership plan 71,621 2.1% 2.3% 77,557 2.2% 2.5% 62,118 1.7% 2.0% TOTAL 246,509 714,958,226 SHARES(1) 990,275,053 VOTING RIGHTS 238,760 714,117,414 SHARES(1) 978,544,459 VOTING RIGHTS 205,340 714,121,800 SHARES 952,588,184 VOTING RIGHTS (1) All fully paid up. Shares held in the same name for at least four years carry double voting rights. Due to the 161 Company shares held in treasury, the number of theoretical voting rights outstanding at December 31, 2023 differs from the number of voting rights exercisable at that date. To the Company’s knowledge, no material portion of its issued capital has been pledged.
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