Michelin: Disclosure of trading in own shares - December 19, 2025

Core Points - Michelin has disclosed a securities repurchasing program, indicating its strategy to buy back shares to potentially enhance shareholder value [1][2] - The company executed a transaction on December 19, 2025, acquiring a total of 354,772 ordinary shares at an average price of 28.1871 euros per share [1] - The repurchase was conducted over-the-counter, reflecting Michelin's ongoing commitment to managing its capital structure effectively [1] Summary by Category Company Information - Issuer Name: Michelin - Issuer Code: 549300SOSI58J6VIW052 - ISIN Code: FR001400AJ45 - Date of Transaction: December 19, 2025 [1] Transaction Details - Total Volume of Shares Acquired: 354,772 - Average Price per Share: 28.1871 euros - Transaction Platform: Over-the-counter [1] Financial Implications - The share repurchase program is part of Michelin's broader strategy to optimize its capital allocation and return value to shareholders [1][2]