Capital rights structure Breakdown of Michelin capital Imprimer Capital rights structure At June 30, 2023 Voting rights structure At June 30, 2023 Changes in Share capital At June 30, 2023 wdt_ID Description Number of shares Par value €0,5 per share (in €) 17 Capital at June 30, 2023 714.118.118 357.059.059 18 Capital increase resulting from the allocation of performance shares 704 352 19 Capital at December 31, 2022 714.117.414 357.058.707 20 Capital increase reserved for Michelin Group employees 3.872.090 1.936.045 21 Capital increase resulting from the allocation of performance shares 450.012 225.006 22 Cancellation of shares -4.326.536 -2.163.268 23 Capital at June 30, 2022 (After the split of stocks) 714.121.848 357.060.924 24 Capital increase resulting from the allocation of performance shares 48 24 25 Division by 4 of the nominal value 714 357.060.900 Number of shares Par value €2 per share (in €) Capital at December 31, 2021 178,530,450 357,060,900 Exercise of stock options or vesting of performance share 180,411 360,822 Capital at June 30, 2021 178,350,039 356,700,078 Exercise of stock options or vesting of performance share 9,953 19,906 Capital at December 31, 2020 178,340,086 356,680,172 Share cancellation -1,097,540 -2,195,080 Restricted Share issues for Michelin Group employees 713,983 1,427,966 Exercise of stock options or vesting of performance share 82,302 164,604 Capital at June 30, 2020 178,641,341 357,282,682 Exercise of stock options or vesting of performance share 13,786 27,572 Capital at December 31, 2019 178,627,555 357,255,110 Exercise of stock options or vesting of performance share 87,952 175,904 Share cancellation -1,345,821 -2,691,642 Capital at June 30, 2019 179,885,424 359,770,848 Exercise of stock options 37,792 75,584 Capital at December 31, 2018 179,847,632 359,695,264 Restricted Share issues for Michelin Group employees 290,152 580,304 Exercise of stock options or vesting of performance share 868,791 1,737,582 Capital at June 30, 2018 178,978,841 357,957,682 Exercise of stock options or vesting of performance share 106,085 21,217 Share cancellation -648,231 -1,296,462 Capital at December 30, 2017 179,520,987 359,041,974 Exercise of stock options or vesting of performance share 348,063 696,126 Share cancellation -893,197 -1,786,394 Capital at December 31, 2016 180,066,121 360,132,242 Conversion of OCEANE bonds 7,230 14,460 Share cancellation -3,347,040 -6,694,080 Restricted Share issues for Michelin Group employees 657,366 1,314,732 Exercise of stock options or vesting of performance share 846,383 1,692,766 Capital at December 31, 2015 181,902,182 363,804,364 Conversion of OCEANE bonds 28 56 Share cancellation -4,961,534 -9,923,068 Exercise of stock options or vesting of performance share 1,137,488 2,274,976 Capital at December 31, 2014 185,726,200 371,452,400 Conversion of OCEANE bonds 2 4 Share cancellation -1,010,336 -2,020,672 Exercise of stock options or vesting of performance share 946,891 1,893,782 Capital at December 31, 2013 185,789,643 371,579,286 Conversion of OCEANE bonds 6 12 Dividend reinvestment 4,467,601 8,935,202 Share cancellation -1,809,260 -3,618,520 Exercise of stock options 574,583 1,149,166 Capital at December 31, 2012 182,556,713 365,113,426 Conversion of OCEANE bonds 0 0 Dividend reinvestment 1,883,606 3,767,212 Exercise of stock options 654,210 1,308,420 Capital at December 31, 2011 180,018,897 360,037,794 Conversion of OCEANE bonds 14 28 Dividend reinvestment 3,128,066 6,256,132 Exercise of stock options 282,972 565,944 Capital at December 31, 2010 176,607,845 353,215,690 Conversion of OCEANE bonds 346 692 Dividend reinvestment 1,735,759 3,471,518 Exercise of stock options 275,507 551,014 Share issue with pre-emptive subscription rights 27,159,876 54,319,752 Capital at December 31, 2009 147,436,357 294,872,714 Conversion of OCEANE bonds 0 0 Dividend reinvestment 2,371,623 4,743,246 Exercise of stock options 67,312 134,624 Capital at December 31, 2008 144,997,422 289,994,844 Share split Read more Dividend Read more
