Michelin Announces Capital Reduction with Cancellation of Treasury Shares

Clermont-Ferrand – October 2, 2024 – Compagnie Générale des Établissements Michelin has announced a capital reduction by cancelling 11,721,769 treasury shares. This decision follows the Managing Chairman's approval on September 30, 2024, and the 26th resolution of the May 17, 2024, Shareholders Meeting. The cancelled shares represent 1.64% of the total shares outstanding.

The capital reduction becomes effective on October 2, 2024, as stated in the Euronext notice dated September 30, 2024.

For more information, investors and media representatives can contact Michelin’s Investor Relations at investor-relations@michelin.com or through the provided phone numbers and individual contacts.