Sustainability Statement Consumers and end-users (S4) 04 Compliance of new Passenger car, Light truck and Truck tires is verified by government technical services when the product is certified. In the European Union, the stricter rolling resistance and wet grip standards introduced in Regulation R117, for both new and worn tires, have progressively been applied to new products since July 2024. In each of the member countries, Michelin is supporting the application of these standards and, when requested, is helping to define the minimum thresholds. 4.10.3.2 Worn tire performance The existing minimum standards for rolling resistance, noise and wet grip concern the measured performance of new tires. However, a tire’s condition and performance evolve as it wears. In the case of rolling resistance and noise, for example, performance improves or remains stable with use, so it makes sense to define their minimum standards on the basis of a new tire, as is currently the case. On the other hand, a tire’s wet grip declines as it wears. In 2019, the European Union approved the introduction of a regulation governing the wet grip performance of worn tires. Michelin participated in the United Nations working group that developed the regulatory method (R117-04) for introducing a minimum wet grip performance standard in 2024 on worn tires still within the legal wear limit, so as to ensure that tires deliver acceptable performance throughout their useful lives. 4.10.4 A POSITIVE IMPACT ON CONSUMERS AND END-USERS: INNOVATIVE PRODUCTS AND SERVICES Michelin is pursuing its road safety strategy by introducing (i) new products offering even more robust safety performance with a smaller environmental footprint and (ii) customer services, such as the connected solutions mentioned above. In 2023 and 2024, for example, two major truck fleet solutions were refreshed. First, the second-generation MICHELIN X® MULTI™ ENERGY™ tire range was introduced for fleet operators looking for an all-weather, all-road tire delivering optimum fuel efficiency and excellent mileage performance. The range’s safety gains were recognized by Dekra, which conducted certified tests comparing the lateral wet grip performance of new and worn Michelin tires against their premium competitors. Second, the innovative MICHELIN Connected Mobility(1) solution was launched in 2023 to help fleet managers meet their multitude of operational, financial, regulatory and environmental challenges. The end-to-end solution seamlessly combines five areas of expertise: connected technologies, day-to-day fleet management applications, tire management optimization, support and advice, and of course, Michelin tire performance. For example, MICHELIN Connected Mobility can help a fleet cut its fuel bill by up to 12% and reduce the number of tire pressurerelated roadside repairs by up to 80%. In addition to products and services, Michelin promises to make mobility more accessible, safer, more efficient and more environmentally sensitive. That’s why the Group is committed to acting in the common good by financing road safety initiatives, notably in developing countries. Examples include: n The Michelin Foundation's contribution to the United Nations Road Safety Fund (UNRSF), which is supporting solutions in low and middle-income countries, with a special focus on worldwide public policy and infrastructure; n Michelin’s ongoing partnership with UNICEF focused on children’s road safety education programs in China, Cambodia and the Philippines. (1) https://pro.michelin.fr/transport-de-marchandises/services-transport-de-marchandises/michelin-connected-mobility. 284 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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