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Company and environmental<br />

information<br />

published pursuant to the law on New Economic Regulations (NRE)<br />

French companies are required to disclose in their annual reports<br />

”information on the social and environmental impacts of<br />

their activities”. Pursuant to Clause L 225-102-1 and relevant<br />

application decrees of February 20 and April 30, 2002 of the<br />

NRE (Nouvelles Régulations Economiques) law of Code de<br />

Commerce.<br />

<strong>Michelin</strong> Group has elected to disclose this information on a<br />

Group-wide basis rather than limiting it to its French listed<br />

company. Although far more complex, this approach alone is<br />

germane to a realistic and meaningful account of the Group’s<br />

social and environmental commitments. Where, in this environmental<br />

report, Group scope is not relevant, we indicate the scope<br />

relevant to a particular disclosure.<br />

Employee information<br />

In 2004, <strong>Michelin</strong> continued the gradual development of its set<br />

of indicators, based on data supplied by all of our 74 industrial<br />

sites and more than 170 trading branches.<br />

The second “<strong>Michelin</strong> Performance and Responsibility update<br />

2003-2004”, published in 2005 in French and English, sets forth<br />

the guidelines and results of ongoing measures taken at <strong>Michelin</strong><br />

to combine the Group’s growth and economic performance<br />

targets with a responsible exercise of its mission vis-à-vis people,<br />

the environment and society as a whole.<br />

Note that <strong>Michelin</strong> Group’s watchwords in implementing its<br />

operations are set forth in a document called “<strong>Michelin</strong><br />

Performance and Responsibility Charter”, which is available on<br />

the www.michelin.com. website.<br />

1. a - Number of Group employees, breakdown of male/female employees, change<br />

in number of employees, fixed-term contracts, overtime and third-party manpower<br />

Group employees at December 31, 2004<br />

Europe North America South America Asia-Pacific Africa/Middle-East TOTAL<br />

FTE 76,111 23,453 5,669 11,786 3,437 120,456<br />

In full-time equivalent<br />

Breakdown of male-female employees<br />

Female employees as a percentage of total headcount<br />

Europe North America South America Asia-Pacific Africa/Middle-East TOTAL<br />

Administrative<br />

and technical workers 7.21 14.02 2.04 7.21 2.58 8.38<br />

Employees 25.60 28.53 26.45 26.20 21.01 26.07<br />

Managers 14.56 10.89 10.43 12.72 9.30 13.66<br />

Excluding Euromaster, TCI and Plantations<br />

Change in number of employees in 2004<br />

Europe North America South America Asia-Pacific Africa/Middle-East TOTAL<br />

Natural Attrition 5,394 1,765 157 481 179 7,976<br />

Voluntary departures 1,012 539 26 425 4 2,006<br />

Early retirement 2,023 729 1 38 5 2,796<br />

Hires 6,005 2,615 398 1,872 377 11,267<br />

Excluding Euromaster, TCI and plantations

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