Investor relations Additional share information 06 Plan 18 (Recognition) Plan 19 (Excellence) Plan 20 (Managers) Date of the shareholder authorization May 12, 2023 May 12, 2023 May 12, 2023 Date granted by the Managers November 16, 2023 November 17, 2023 November 17, 2023 Number of rights granted 577,018 2,575,723 104,262 O/w to: n Florent Menegaux(1) (Managing Chairman) - - 65,164 n Yves Chapot(1) (General Manager) - - 39,098 Vesting date (in 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 Performance conditions(2) (period over which criteria are applied: 3 years) N/A n Michelin share price outperforms the Euro Stoxx 600 index by at least 5 points, comparing the average closing price in 2022 and in 2025 n Corporate social responsibility objective: – i-MEP below 80 points in 2025 – employee engagement rate exceeding 84.5% in 2025 n Average annual growth in revenue (excluding tires and distribution) of more than 12% over the 20222023, 2023-2024 and 2024-2025 periods n Return on capital employed (ROCE) strictly above 12% in 2025 n Michelin share price outperforms the Euro Stoxx 600 index by at least 5 points, comparing the average closing price in 2022 and in 2025 n Corporate social responsibility objective: – i-MEP below 80 points in 2025 – employee engagement rate exceeding 84.5% in 2025 n Average annual growth in revenue (excluding tires and distribution) of more than 12% over the 20222023, 2023-2024 and 2024-2025 periods n Return on capital employed (ROCE) strictly above 12% in 2025 Number of vested shares at December 31, 2024 390 967 0 Number of canceled or voided share rights 16,965 44,029 0 NUMBER OF SHARE GRANTS OR PERFORMANCE SHARES OUTSTANDING AT DECEMBER 31, 2024 559,663 2,530,727 104,262 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. 478 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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