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 240,000 individual shareholders, including 71,000 employees.
Our newly renewed Committee currently consists of 9 members, including 3 women and 6 men.
The members are divided up as follows :
4 individual shareholders: Catherine Michon, Christophe Combelle, Laurent Delafontaine, and Philippe Jeunet
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 FORMER COMMITTEE MEMBERS
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.
Meeting of November 16, 2023
We shared with them the latest Group news through our 3rd quarter results, the increase in our individual and employee shareholder base (240,000 by 10/31/2023) and Michelin's participation in the “Investir Day” trade show in Paris.
Sophie de Villepin, Michelin’s Diversity, Equity, and Inclusion Manager presented the Group's initiatives in various fields. She particularly shared the initiatives taken for the integration of refugees in France, with the HOPE program "Hébergement, Orientation et Parcours pour l'Emploi " (Accommodation, Orientation and Career Paths), a scheme enabling people with refugee status to integrate sustainably into employment in France.
The meeting then continued with a focus on the environmental impact of our activities. Sophie Lesage, Group's Societal and Environmental Domain Manager, presented the steering of "Planet" ambitions in the Group's various entities, the leadership of environmental governance and relations with the 5 operational committees: climate change, biodiversity, water, pollution, circular economy.
CAM members will meet again for their last meeting in March 2024, when they will hand over their mandates to the new members.
The Individual and Employee Shareholder Relations team would like to thanks our Shareholders' Committee for their involvement in the development of shareholder communications, their availability and their enthusiasm over the past three years.
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Agenda
- July 24, 2024
First-Half Results
- May 28, 2024
Capital Markets Day
- May 17, 2024
2024 Annual General Meeting