Michelin receives Top 100 Global Innovators 2022 recognition by Clarivate™

· Michelin ranked among world’s top 100 innovative companies

· An award dedicated to the 6,000 members of the Michelin R&D community

· Using a novel selection method and winners selected from 12 countries

Receiving the Clarivate™ recognition today at its R&D forum, held at its technology center close to Clermont-Ferrand, France, Michelin celebrated this recognition with all of its R&D staff. The award places the Group among the world’s 100 most innovative companies in 2022.

Clarivate™ is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. Each year, Clarivate uses its methodology to identify organizations at the pinnacle of the global innovation landscape, by measuring innovation excellence.

The Top 100 Global Innovators 2022 rewards innovation as a whole, and the organizations on the list this year come from 12 countries and regions. Clarivate analysts use informatic techniques to compare 50 million innovation ideas, across thousands of baselines, through billions of calculations, to discover the 100 innovators at the very top globally speaking.

Ed White, Chief Analyst and Vice-President, Intellectual Property and Innovation, stated, "Global inventive activity today is far higher, more diverse and more complex than a decade ago, when we launched Top 100 Global Innovators. The Top 100 Global Innovators 2022 illustrates innovation excellence. We would like to congratulate this year’s Top 100 companies and we are delighted that Michelin is included in these rankings. They demonstrate the capabilities, consistency and creativity with which new value and novel ideas enrich the world."

“There are tremendous challenges ahead, which are also opportunities for us to explore. These include the electrification of the automotive industry, the challenges associated with our aim to use 100% sustainable materials by 2050 and innovations linked to our activities beyond tires. This spirit pervades the Group’s entire R&D community. It is a firm belief and this prize goes to all of our global teams”, Eric Vinesse, Research & Development Director and Member of the Michelin Executive Committee.

With an investment of 682 million euros in 2021 and the “Michelin in Motion” plan to use 100% sustainable materials by 2050, innovation has always been the Group’s central focus.

Throughout its history, Michelin has developed solutions which have changed daily lives and offered greater mobility: the first detachable bicycle tire, the invention of radial tires, the “green” tire, the MICHELIN XDR3 civil engineering tire, the Tweel and more recently, the MICHELIN CrossClimate 2 all-season tire, tires designed for electric vehicles and airless tires in the pipeline.

With 11,627 active patents in the world, 247 patents filed in 2021 and 6,000 people working in Research & Development, Michelin is developing technologies which will enable the Group to help reach its ambitions for 2030:

· In tires: by innovating more for the electric market, materials innovations to reach the goal of using 100% sustainable materials,

· Around tires: with initiatives in the area of connected mobility,

· Beyond tires: by working in healthcare, hydrogen, metal 3D printing, high-tech materials and new uses.

Top 100 Global Innovators 2022 list’s

About Michelin

Michelin, the leading mobility company, is dedicated to enhancing its clients’ mobility, sustainably; designing, producing and distributing the most suitable tires for its clients’ needs and uses; providing services and solutions to help enrich trips and travels and make them unique experiences; and developing high-technology materials that serve a variety of industries. Headquartered in Clermont-Ferrand, France, Michelin is present in 177 countries, has 124,760 employees and operates 68 tire production facilities which together produced around 173 million tires in 2021. (www.michelin.com)

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