Plastic Omnium // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2021 Consolidated financial statements at December 31, 2021

Acquisition price 2.2.2.1.1 The acquisition prices as well as the payment terms are summarized in the table below:

EKPO Fuel Cell Technologies

Plastic Omnium New Energies Wels GmbH

In%

Consolidation date in the Group’s consolidated financial statements

March 1, 2021

March 1, 2021

Percentage of interest

40%

100%

Consolidation method

Equity method

Full consolidation

Amount paid on March 1, 2021

Amount paid on March 1, 2021

Balance to be paid

Total acquisitions

In thousands of euros

Acquisition price

30,040

70,000 (1)

13,449

113,489

Planned payment schedule for the balance of the acquisition price of the EKPO shares:

In thousands of euros

March 1, 2022

30,000

March 1, 2023

10,000

September 1, 2023

10,000

March 1, 2024

10,000

September 1, 2024 10,000 The remaining €70 million payable in respect of the acquisition of a 40% stake in EKPO are recorded as financial liabilities in the Group’s consolidated financial (1) statements at December 31, 2021; given the staggered payment, the fair value of the price remaining to be paid is €68.9 million.

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2.2.2.1.2 EKPO FUEL CELL TECHNOLOGIES

goodwill of €16.9 million, after taking into account a deferred tax liability of €35.1 million related to this intangible asset. PLASTIC OMNIUM NEW ENERGIES WELS GMBH (EKAT) The allocation of the acquisition price to the acquired assets and liabilities identified a “Technology” intangible asset, valued at €8.8 million. The acquired intangible asset identified is recognized in intangible assets in progress pending its use in a series production process. This is expected to take place in the first quarter of 2022. From that date, the intangible asset will be amortized over twelve years; the amortization charge for this intangible asset will be recognized in the operating margin. At December 31, 2021, the goodwill, after taking into account the deferred tax liability of €2.2 million related to this intangible asset, amounted to €6.3 million. The opening balance sheet for the two entities as of March 1, 2021 is presented below. It will be finalized by March 1, 2022.

Allocation of the acquisition price

The allocation of the acquisition price to the acquired assets and liabilities identified a “Technology” intangible asset, valued at €131 million ( i.e. €52 million for the share held by the Plastic Omnium Group), resulting in a revaluation of the intangible assets recognized by the entity of €117 million. The acquired intangible asset identified is recognized in intangible assets in progress pending its use in a series production process. This is expected to take place in 2022. From this date, the intangible asset will be amortized over twelve years; the amortization charge for this intangible asset will be included in the operating margin under “Share of profit (loss) of associates and joint ventures”. See Note 4.5. At December 31, 2021, the 40% share of equity held by the Group and recognized under “Equity method investments” (See Note 5.1.5), includes

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021