7 _521 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 7 ANNUAL SHAREHOLDERS MEETING OF MAY 17, 2024 Report of the Supervisory Board: recommendations concerning the votes on the proposed resolutions The Supervisory Board considers that Pascal Vinet qualifies as an independent member because: ● he does not have any close family ties with either the Managers or any member of the Supervisory Board; ● he is not currently and never has been an employee of Michelin or any of its subsidiaries; ● he has not been a member of the Supervisory Board for more than 12 years; ● he is not an executive officer of a company in which Michelin, directly or indirectly, has a seat on the Board, or in which an executive officer of Michelin has a seat on the Board; ● he has not been an auditor of Michelin in any of the past five years; ● he is not a shareholder or an executive officer of SAGES, one of Michelin’s General Partners; ● he is not a customer, supplier or banker that is material for Michelin or that derives a significant portion of its business from Michelin. On the recommendation of the Compensation and Appointments Committee, the Supervisory Board has decided to recommend that Pascal Vinet be elected for a four-year term. If shareholders elect Pascal Vinet to the Supervisory Board, its members plan to appoint him as a member of the Compensation and Appointments Committee. Pascal Vinet has agreed to stand for election and join the Board's team. As of the date of publication of this report, he held 1,600 Michelin shares, the minimum number of shares required of each member by the Supervisory Board's internal rules.
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