MICHELIN 07/05/2010 Combined
1Approve the parent company's financial statementsFor
2Approve the appropriation of income, dividend and dividend reinvestment plan (option for stock dividend)Oppose
3Approve consolidated financial statementsFor
4Approve regulated related-party agreementsFor
5Reappointment of Mrs Laurence Parisot as member of the Supervisory Board for a period of 4 yearsOppose
6Reappointment of Mr Patrick Cox as member of the Supervisory Board for a period of 4 yearsOppose
7Reappoint PricewaterhouseCoopers Audit SA as Statutory External Auditor for a period of 6 yearsFor
8Elect Mr Pierre Coll as Substitute External Auditor for a period of six yearsOppose
9Appoint Deloitte & Associés as Statutory External Auditor for a period of 6 yearsFor
10Elect BEAS as Substitute External Auditor for a period of six yearsOppose
11Approve buy-back of the company sharesOppose
12Authorisation to issue debt instrumentsFor
13Global authorisation to issue with pre-emptive subscription right shares or other securities giving way to new capitalFor
14Global allowance to issue capital related securities without pre-emptive rightOppose
15Global allowance to issue capital related securities without pre-emptive right by private placementOppose
16"Green shoe" authorizationOppose
17Authorise capital increase by transfer of reservesFor
181)Approve issues of shares or other capital related securities as a payment for any public offer;

2)Delegation to issue shares and capital securities as consideration for contributions in kind made to the company

Oppose
19Approve capital Increase for the employeesFor
20Approve potential reduction of the company 's capital by cancellation of Treasury stocksFor
21Limit capital increases with or without pre-emption rightsFor
22Delegation of powers for the completion of formalitiesFor