Michelin Retread Technologies

MRTI is a Delaware corporation which was formed on June 12, 1997. We conduct business under the name Michelin Retread Technologies. Our principal business address is 101 Harrison Bridge Road, Simpsonville, South Carolina 29681. Our agents for service of process are listed in Exhibit G. We intend to offer franchises for Retread Shops. We do not own or operate any Retread Shops. Our affiliate, Michelin North America, Inc. ('MNA'), has operated a Retread Shop for purposes of further developing the MRTI Process and occasionally for commercial purposes. We began offering Retread Shop franchises in August 1997. We have also offered franchises for Michelin Commercial Service Network service centers (each, a 'Service Center') since late 2010, which service commercial trucks and provide emergency roadside services, among other things. Other than Service Centers, we are engaged only in business activities that relate to the ownership, operation and franchising of Retread Shops, and have not offered franchises in other lines of business. Other than some of our foreign affiliates (as disclosed below), and the Retread Shop operated by MNA, none of our affiliates have offered franchises similar to Retread Shops or any other line of business.