_486 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 6 INVESTOR RELATIONS Additional share information Plan 17 (Managers) Plan 18 (Recognition) Plan 19 (Excellence) Plan 20 (Managers) Date of the shareholder authorization June 23, 2020 May 12, 2023 May 12, 2023 May 12, 2023 Date granted by the Managers November 17, 2022 November 16, 2023 November 17, 2023 November 17, 2023 Number of rights granted 108,056 577,018 2,575,723 104,262 O/w to: Florent Menegaux(1) (Managing Chairman) 67,983 - - 65,164 Yves Chapot(1) (General Manager) 40,073 - - 39,098 Vesting date (in years) November 17, 2026 (4 years) November 16, 2027 (4 years) November 17, 2027 (4 years) November 17, 2027 (4 years) End of lock-up period (in years) N/A N/A N/A N/A Performance conditions(2) (period over which criteria are applied: 3 years) Michelin share price outperforms the Euro Stoxx 600 index by at least 5 points, comparing the average closing price in 2021 and in 2024 Corporate social responsibility objective: – i-MEP below 83 points in 2024 – average change in employee engagement rate of more than 1 point over the 2022‑2024 period Average annual growth in revenue (excluding tires and distribution) of more than 10% over the 2021-2022, 2022‑2023 and 2023-2024 periods Return on capital employed (ROCE) strictly above 11% in 2024 N/A Michelin share price outperforms the Euro Stoxx 600 index by at least 5 points, comparing the average closing price in 2022 and in 2025 Corporate social responsibility objective: – i-MEP below 80 points in 2025 – employee engagement rate exceeding 84.5% in 2025 Average annual growth in revenue (excluding tires and distribution) of more than 12% over the 2022-2023, 2023‑2024 and 2024‑2025 periods Return on capital employed (ROCE) strictly above 12% in 2025 Michelin share price outperforms the Euro Stoxx 600 index by at least 5 points, comparing the average closing price in 2022 and in 2025 Corporate social responsibility objective: – i-MEP below 80 points in 2025 – employee engagement rate exceeding 84.5% in 2025 Average annual growth in revenue (excluding tires and distribution) of more than 12% over the 2022-2023, 2023‑2024 and 2024‑2025 periods Return on capital employed (ROCE) strictly above 12% in 2025 Number of vested shares at December 31, 2022 0 0 0 0 Number of canceled or voided share rights 0 0 0 0 NUMBER OF SHARE GRANTS OR PERFORMANCE SHARES OUTSTANDING AT DECEMBER 31, 2023 108,056 577,018 2,575,723 104,262 Performance conditions: achievement rate - - - - (1) Granted in his capacity as Manager. (2) On a like-for-like consolidated basis, excluding changes in exchange rates for the financial criteria.
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