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The Michelin Shareholders’ Committee

Since 2003, Michelin has had a Shareholders' Consultative Committee composed of individual and employee shareholders. The role of this committee is to contribute through its reflections to the improvement of communication with individual and employee shareholders. 

OUR MICHELIN SHAREHOLDERS' COMMITTEE IS MADE UP OF HALF INDIVIDUAL SHAREHOLDERS AND HALF EMPLOYEE SHAREHOLDERS.

The Group's aim is to increasingly involve individual and employee shareholders in the Company's capital.
They currently represent 10.5% and 2% of the capital respectively. In 2020, Michelin decided to overhaul its shareholder committee, opting for a more streamlined format and integrating a greater diversity of profiles and experience.  Michelin has more than 250,000 individual shareholders, including 77,500 employees.

Our newly renewed Committee currently consists of 10 members, including 3 women and 7 men.

The members are divided up as follows :

  • 5 individual shareholders: Catherine Michon, Christophe Combelle, Laurent Delafontaine, Philippe Jeunet and Simon Morand.

  • 5 employee shareholders: Bartha Bensemaine, Myriam Vassaux, Abdelhammid Gherras, Vianney Leroy and Fabien Marlin.


They began their mandate on March 14 at a meeting with former members and in the presence of Mr. Yves Chapot, General Manager and Group Chief Financial Officer.

TESTIMONIALS FROM COMMITTEE MEMBERS

  • Simon Morand 
    «My desire to be part of this committee is driven by the wish to tell young people that it is possible to invest sustainably without necessarily having significant capital. I greatly appreciate that this company invests in areas beyond tires, and Michelin's vision for the future, its commitment to reduce CO2 emissions, and its fight against climate change are key factors in its future success.» 
  • Catherine Michon 
     «I have been very attached to Michelin since my childhood; therefore, I am happy to contribute to improving its communication with its shareholders, especially those of my generation.» 
  • Christophe Combelle 
    «By joining the Michelin Shareholders' Committee, I aim to contribute to the development of individual shareholding in a company that is deeply rooted in its regional heritage while being established worldwide. I am committed to the values Michelin has always upheld, within the framework of its continuous pursuit of performance and innovation.» 
  • Philippe Jeunet 
     «Michelin aims to engage its individual and employee shareholders more closely. As a 'small shareholder', I fully support this constructive and enriching approach and have therefore chosen to actively participate in the Shareholders' Committee's discussions.» 
  • Abdelhammid Gherras 
    «Becoming a shareholder means owning a part of the company. I have been a Bib'Action representative at the Cholet site since 2022, participating in internal communications. Joining the Shareholders' Committee allows me to extend this role on a national level.» 

  • Myriam Vassaux
    «I have been an employee shareholder since 2012, the year I joined Michelin. I have greatly appreciated being able to take advantage of this very beneficial opportunity. My goal is to continue acquiring shares and to hold onto them for as long as possible.»

  • Vianney Leroy 
    «I joined the Michelin Shareholders' Committee to understand the role of individual savings. Michelin is committed to a People Profit Planet approach, which is essential for me. That’s why, beyond the returns, as a shareholder, I invest in companies that align with my values.»

  • Fabien Marlin 
    «I have been an employee for 10 years now and chose to become an employee shareholder as soon as the opportunity arose because it reflects the sense of pride and connection employees feel towards the group. By joining the Michelin Shareholders' Committee, I aim to contribute to an increased participation of individual shareholders, including my fellow employees, wherever possible in the world.»

ITS MISSION

Its mission is to actively contribute, through its opinions and proposals, to the development of the communication system for the Michelin group's individual and employee shareholders, particularly on subjects relating to communication tools and documents, the preparation of the Group's General Meetings and, where applicable, the preparation of meetings with shareholders in France.

Michelin Shareholders' Committee - Meeting on April 15, 2025 in Clermont-Ferrand
The members of the Michelin Shareholders' Committee met at the Carmes site on April 15 and were able to learn about the latest news from the Group, presented by the individual and employee shareholder relations team.

It was an opportunity to discuss various ongoing topics, including the organization of the next "Shareholders' Day," which will take place in October 2025.

The CAM members are planning an exciting program for this day, with numerous visits reserved for 10 individual shareholders and 10 employee shareholders. You will soon know the participation details to try to be among the twenty selected.

JOIN THE COMMITTEE!

The term of office of the members of the Committee is two years, not renewable. 

Each individual shareholder and employee has the possibility to apply throughout the year to join the Shareholders' Committee at the end of the current term. 


To do so, please send a curriculum vitae and a letter of motivation to actionnaires-individuels@michelin.com 

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Agenda

Upcoming Events
Past Events
  • April 8, 2026

    8:30 Michelin Pre-close call Q1 2026 (for sell-side analysts)

  • February 11, 2026

    2025 Annual Results

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