Compagnie Générale des Etablissements Michelin

Quarterly Report • Mar 25, 2025

23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND

Restatement of segment reporting of interim periods (Q1, H1, 9M) 2024

The below information reflects the intermediate (Q1, H1, 9M) restatements following to the changes in the scope of reporting segments implemented in 2024. These changes were mainly related to the Two-wheel tire business, which is now consolidated in the SR1 (Automotive, Two-wheel and related distribution segment), in alignment with the internal reporting process.

The restated values for the intermediate periods (Q1, H1, 9M) become the 2024 reference values that will be used for the 2025 and forthcoming publications.

M€	Q1 2024 released	Q1 2024 restated	H1 2024 released	H1 2024 restated	9M 2024 released	9M 2024 restated	FY 2024 released (same as restated)
SR1
Sales	3 376	3 518	6 847	7 151	10 356	10 777	14 667
SOI			914	946			1 917
SOI %			13.4%	13.2%			13.1%
SR2
Sales	1 595	1 584	3 263	3 232	4 933	4 909	6 599
SOI			300	306			597
SOI %			9.2%	9.5%			9.0%
SR3
Sales	1 671	1 539	3 371	3 098	4 882	4 485	5 926
SOI			568	530			864
SOI %			16.8%	17.1%			14.6%
Group
Sales	6 642			13 481		171	27 193
SOI				1 782			3 378
SOI %			13.2%				12.4%