Michelin: Disclosure of trading in own shares - September 10th, 2025

Group 1 - The company Michelin has initiated a securities repurchasing program, specifically for ordinary shares, with the ISIN code FR001400AJ45 [1][2] - On September 10, 2025, Michelin repurchased a total of 459,290 shares at an average price of €30.3806 per share [1] - The transactions were conducted over-the-counter, indicating a direct negotiation between the buyer and seller rather than through a public exchange [1] Group 2 - The repurchase program is part of Michelin's strategy to manage its capital structure and enhance shareholder value [1] - The total volume of shares repurchased reflects the company's commitment to returning capital to shareholders [1]