01 Offering everyone a better way forward Our values of respect: Respect for facts, people, customers, shareholders and the environment. Our value creation model We believe that tomorrow, everything will be sustainable at Michelin. This vision of the future informs all our decisions, which are grounded in a constant search for the right balance between People, Profit and the Planet. In Tires • T arget high value-added market segments, in particular premium tires for cars, two-wheel vehicles, bicycles, trucks and specialty vehicles (mining, agricultural, construction and materials handling machinery, and aircraft). • Produce as close to our customers as possible with Industry 4.0 plants. • Provide excellent customer service. • Broaden the B2B services portfolio. In Polymer Composite Solutions • D evelop innovative, high-performance applications for such composite solutions as coated fabrics, films, conveyors, belts, seals and inflatable structures. • Introduce game-changing innovations in engineered polymers, such as active membranes, biomaterials, non-toxic adhesives and composite reinforcements (for example, with ResiCare or AraNea) • Forge strategic partnerships to offer very high technology-content products in still emerging markets, with initiatives like Symbio (hydrogen mobility), ResiCare (high performance bio-based resins) and Wisamo (marine wind propulsion solutions). In Connected Solutions • I ncrease tire-as-a-service sales and offer fleet managers purpose-designed services. • Facilitate the transition to electric fleets and continue to improve efficiency, safety and environment protection. • L everage the Internet of things and data analytics to apply our acquired connected mobility expertise in new business territories. in Lifestyle • C ontinue to deploy the MICHELIN Guide internationally and become “digital first.” • Maintain the pace of innovation, such as the launch of the first award celebrating sustainable gastronomy, the MICHELIN Green Star, or the creation in 2023 of the MICHELIN Key award for hotels. • Further enhance the mobility experience with a portfolio of services supporting different travel styles, from road maps and itineraries to mobile apps and travel guides. • Offer a comprehensive array of licensed products that improve our daily lives, such as car and bike accessories, sports and recreational gear and collectibles. Pursuing our 2030 strategic vision Manufacturing in a world full of challenges 21 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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