Plastic Omnium // 2021 Universal Registration Document

5

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

2.2.7

Financing transactions

See also Note 5.2.6.7 “Reconciliation of gross and net financial debt”.

2.2.7.1

UTILIZATION AND DRAWDOWNS OF CREDIT LINES DURING

2.2.8

Change in the international economy and impacts on the Group’s financial statements MONITORING OF HYPERINFLATION IN ARGENTINA

THE PERIOD The Group had no drawdown of its credit lines during fiscal year 2021. See Notes 5.1.11 “Cash and cash equivalents”, 5.2.6.6 “Confirmed medium-term credit lines” and 5.2.6.7 “Reconciliation of gross and net financial debt”. ISSUANCE OF NEGOTIABLE EUROPEAN COMMERCIAL 2.2.7.2 PAPER (NEU-CP) DURING FISCAL YEAR 2021 During fiscal year 2021, the Group increased its “Neu-CP” program. At December 31, 2021, it amounted to €322.5 million compared with €200.5 million at December 31, 2020. The terms of these issuances are provided in Note 5.2.6.4 “Short-term borrowings: issuance of “Negotiable European commercial paper” (Neu-CP)”.

2.2.8.1

AND IMPACTS ON THE GROUP’S FINANCIAL STATEMENTS The Argentine peso exchange rate has dropped by 12% since December 31, 2020. At December 31, 2021, the assets of the two subsidiaries Plastic Omnium Auto Inergy Argentina SA (Clean Energy Systems) and Plastic Omnium Argentina (Intelligent Exterior Systems) were revalued. The impacts related to hyperinflation on the main income statement aggregates and recognized at December 31, 2021 are as follows:

2021

2020

In thousands of euros

Impact on the Group’s revenue

+8,553

+3,814

Impact on the Group’s operating margin

(1,534)

+677

Impact on the Group’s net financial income (expense)

(970)

(3,713)

Impact on the Group’s other operating expense

(25)

(2,858)

Impact on the Group’s tax expense

(60)

+290

Impact on the Group’s net income

(2,589)

(5,604)

230

www.plasticomnium.com

PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021