Plastic Omnium // 2021 Universal Registration Document

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

CHANGES IN NET BALANCE SHEET BENEFIT POSITIONS 5.2.5.5 Changes in net balance sheet positions related to the full range of benefits are as follows:

Post-employment benefit plans

Other long-term benefits

Total

December 31, 2021

December 31, 2020

December 31, 2019

December 31, 2021

December 31, 2020

December 31, 2019

December 31, 2021

December 31, 2020

December 31, 2019

In thousands of euros

Net projected benefit obligation at December 31 1 st – time application of IFRIC June 2021 – IAS 19 (1) Net projected benefit obligation at January 1

96,772 103,979 101,950

3,559

3,691

3,234 100,331 107,669 105,184

(3,466)

-

-

-

-

-

(3,466)

-

-

93,306 103,979 101,950

3,559

3,691

3,234 96,865 107,669 105,184

Expense/income for the year Service cost

7,066 (862)

6,857

8,055

353

285

272

7,419

7,142

8,327

Curtailments, settlements and other Benefits paid by the Company Benefit payments funded by assets Employee and employer contributions

(2,409) (4,792)

(14,160) (1,500)

(281) (331)

-

-

(1,143) (1)

(2,409) (4,972)

(14,160) (1,828)

(2,402)

(180)

(328)

(2,733)

12

2,569

(840)

(27)

5

5

(15)

2,574

(835)

(3,406)

(11,711)

(2)

-

-

-

(3,406)

(11,711)

(2)

NET NON-RECURRING POST-EMPLOYMENT BENEFIT PLAN COSTS RECORDED IN OPERATING EXPENSES

408 (9,486)

(8,447)

(286)

110

(51)

122 (9,376)

(8,498)

Interest cost

2,838

2,980

4,016

19

15

66

2,857

2,995

4,082

Expected return on plan assets

(1,568)

(1,546)

(1,787)

-

-

-

(1,568)

(1,546)

(1,787)

INTEREST COSTS OF POST-EMPLOYMENT BENEFIT OBLIGATIONS (2)

1,270

1,434

2,229

19

15

66 1,289 (1)

1,449

2,295

Balance sheet impact Pension plan asset contribution

-

- -

(7,727)

-

- -

- -

- -

- -

(7,727)

Reclassification

(209)

-

209 196

-

Actuarial gains and losses Translation adjustment BALANCE SHEET IMPACT

(13,556)

3,868 15,099

(209)

433 (13,360)

3,659 15,532

5

1,587 (3,023)

875

49

(48)

9

1,636 (3,071)

884

(12,178)

845

8,247

454

(257)

442 (11,724)

588

8,689

NET PROJECTED BENEFIT OBLIGATION AT DECEMBER 31

82,806 96,772 103,979

3,746

3,559

3,691 86,552 100,331 107,670

See Notes 1.1 “Accounting standards applied”, 1.4.2 “Provisions for pensions and other post-employment benefits” and 5.2.4 “Provisions”. (1) See “Interest on post-employment benefit obligations” in Note 4.7 on ‘‘Net Financial Income (expense)”. (2)

HEALTHCARE COST SENSITIVITY TESTS IN THE UNITED STATES 5.2.5.6 The following table shows the impact of a 1-point change in the rate of increase of healthcare costs in the United States:

December 31, 2021

December 31, 2020

Increase

Decrease

Increase

Decrease

In thousands of euros

Effect on provisions for post-employment benefit obligations

506

(614)

597

(758)

BREAKDOWN OF PLAN ASSETS BY CATEGORY 5.2.5.7 The plan assets at fair value break down by category as follows:

December 31, 2021

December 31, 2020

In thousands of euros

Equities

53,011

36,812

Bonds

24,219

22,558

Real estate

919

5,128

Other

16,758

15,339

TOTAL

94,907

79,837

261

PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021