Michelin: Disclosure of trading in own shares - December 11, 2025

Core Viewpoint - The company, Michelin, has engaged in a securities repurchasing program, acquiring a total of 1,607,859 ordinary shares at an average price of €27.9875 per share on December 11, 2025 [1]. Summary by Categories Company Actions - Michelin repurchased 893,255 shares through NATIXIS and 714,604 shares through BNP PARIBAS on the same date [1]. Financial Details - The average price for the shares acquired was €27.9875, indicating a significant investment in its own equity [1]. Transaction Platforms - The repurchases were conducted over-the-counter, reflecting a strategic approach to managing its share capital [1].