Sustainability Statement Workers in the value chain (S2) 04 4.9.2 PROCUREMENT POLICIES DESIGNED TO MANAGE RISKS RELATED TO VALUE CHAIN WORKERS Michelin has supported the UN Global Compact since 2010 and France’s Responsible Supplier Relationships Charter since 2012. The Group has also deployed two policies addressing the management of risks of human rights violations in the value chain, which were prepared under the responsibility of the Chief Procurement Officer, who is also tasked with their application in the upstream value chain. They are available on the Michelin Purchasing website(1). The Sustainable Natural Rubber Committee is the governance body for the Group’s Sustainable Natural Rubber Policy. 4.9.2.1 The Group’s Sustainable Purchasing Policy (updated in 2024) The Sustainable Purchasing Policy covers the procurement of all types of inputs, including natural rubber, particularly from the Group’s direct (Tier 1) suppliers. It defines the Group’s main sustainable purchasing principles and commitments, including those relating to human rights issues, and describes the fundamental documents, initiatives, objectives and key metrics underlying the sustainable purchasing process, including its human rights aspects. (1) https://purchasing.michelin.com/fr/espacedocuments/. Delivery Shipping worldwide Transport Michelin tire plants Rubber tree plantations Tapping Rubber farmers Latex collection Cup lumps Dealers Quality Control Washing Natural Rubber processors Drying Shredding TSR Rubber Natural rubber Value chain production processing LOGISTics Sometimes up to 7 intermediaries (dealers, cooperatives, etc.) between the smallholder rubber farmer and the processing plant. ~ 90% of the Group’s supply comes from ~1.5 million rubber farmers with an average farm size of 3 ha. 274 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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