Plastic Omnium // 2021 Universal Registration Document

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

Unrecognized tax assets in respect of tax losses amount to €131 million at December 31, 2021 against €110 million at December 31, 2020 and have the following characteristics:

December 31, 2021

December 31, 2020

In thousands of euros

Indefinite tax loss carryforwards

110,977

90,263

Tax loss carryforwards available for more than 5 years

3,683

8,253

Tax loss carryforwards available for up to 5 years

6,475

3,221

Tax loss carryforwards available for up to 4 years

2,700

151

Tax loss carryforwards available for up to 3 years

306

57

Tax loss carryforwards available for less than 3 years

6,917

7,575

TOTAL

131,058

109,520

The change over the fiscal year is mainly due to changes in Germany and China.

5.1.11 5.1.11.1

Cash and cash equivalents

GROSS CASH AND CASH EQUIVALENTS

December 31, 2021

December 31, 2020

In thousands of euros

Cash at banks and in hand

865,002

827,196

Short-term deposits

27,634

2,794

TOTAL CASH AND CASH EQUIVALENTS ON THE ASSETS SIDE OF THE BALANCE SHEET

892,636

829,989

Cash and cash equivalents break down as follows:

5

December 31, 2021

December 31, 2020

In thousands of euros

Cash and cash equivalents of the Group’s captive reinsurance company (1)

14,088

62,926

Cash and cash equivalents in countries with exchange controls (2)

67,907

44,792

Available cash

810,641

722,272

TOTAL CASH AND CASH EQUIVALENTS ON THE ASSETS SIDE OF THE BALANCE SHEET

892,636

829,989

During the period, the Group invested in securities of listed companies. See Note 5.1.6.1 “Long-term investments in equities and funds”. (1) “Countries with exchange controls” include Brazil, China, India, Chile, Argentina, South Korea & Malaysia. (2)

The different categories of the above table are presented on the balance sheet under current assets in the absence of any general restriction on these amounts. NET CASH AND CASH EQUIVALENTS AT END OF PERIOD 5.1.11.2

December 31, 2021

December 31, 2020

In thousands of euros

Cash and cash equivalents

892,636

829,989

Short-term bank loans and overdrafts

(11,264)

(12,277)

NET CASH AND CASH EQUIVALENTS IN THE STATEMENT OF CASH-FLOWS

881,372

817,712

5.1.12

Statement of cash-flows – Acquisitions

At December 31, 2021: The amount of -€43.5 million in “Acquisitions of equity investments in subsidiaries and investments leading to a change in control” corresponds to the amounts paid out for the acquisition of a 40% stake in the company EKPO Fuel Cell Technologies and the acquisition of Plastic Omnium New Energies Wels GmbH during the fiscal year. The Plastic Omnium Group has undertaken to pay, according to a contractual schedule, an amount of €70 million by September 2024 corresponding to the remaining balance of the purchase price of the shares. See the detail in Note 2.2.2.1.1 “Acquisition price” under “Other significant events of the period”. The total value of the shares acquired therefore amounts to €113.5 million.

and disposals of financial assets, non-controlling interests and related investments ACQUISITIONS OF EQUITY INTERESTS, NON-CONTROLLING

5.1.12.1

INTERESTS AND RELATED INVESTMENTS The Group’s financial acquisitions were as follows:

a – acquisitions of equity investments in consolidated companies, investments leading to a change in control, equity investments in associates and joint ventures and related investments These are recorded under “Financial transactions” in the Statement of Cash-Flows.

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021