Plastic Omnium // 2021 Universal Registration Document

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

5.2.5.8

private placement notes, ● bonds; ● minus loans, negotiable debt securities and other long-term financial ● assets; plus short-term loans; ● plus overdraft facilities; and ● minus cash and cash equivalents. ● BORROWINGS: PRIVATE PLACEMENT NOTES AND BONDS 5.2.6.2 At December 31, 2021 The main terms of the bonds and private placements as at December 31, 2021 are summarized in the following table:

CONTRIBUTIONS PAID IN RESPECT

OF DEFINED-CONTRIBUTION PLANS Contributions paid in respect of defined contribution plans amounted to €10,195.8 thousand in 2021 compared with €10,196.7 thousand in 2020. Current and non-current borrowings DEFINITION OF DEBT WITHIN THE GROUP 5.2.6.1 Net debt is an important notion for the day-to-day management of Plastic Omnium’s treasury cash. It is used to determine the Group’s debit or credit position in relation to third parties and outside of the operating cycle. Net debt is determined as: long-term borrowings: ● drawdowns on traditional lines of credit, ● 5.2.6

Schuldscheindarlehen private placement of June 16, 2016

Schuldscheindarlehen private placement of December 21, 2018

Private placement bond issue of June 26, 2017

December 31, 2021

Issue – Fixed rate (in euros)

300,000,000

500,000,000

300,000,000

Interest rate/annual coupon

1.478%

1.250%

1.632%

International (Asian, German, Dutch, Swiss, Luxembourg, Belgian) and French investors

International (German, Chinese, Belgian, Swiss, Austrian) and French investors

Investors

European investors

No covenant or rating obligations

Maturity

June 17, 2023

June 26, 2024

December 21, 2025

BANK LOANS 5.2.6.3 The Group has not made any new drawdowns in fiscal year 2021 compared to December 31, 2020. See Note 2.2.7.1 in “Other significant events of the period”.

5.2.6.4.

SHORT-TERM BORROWINGS: ISSUANCE OF “NEGOTIABLE

EUROPEAN COMMERCIAL PAPER” (NEU-CP) The Group increased its issuance of Negotiable European Commercial Paper (Neu-CP) over fiscal year 2021. The characteristics are presented in the table below:

December 31, 2021

Neu-CP during the period

Issuance (in euros)

322,500,000

Investors

European investors

Maturity

Less than 1 year

5.2.6.5

At December 31, 2021, the Group has no positions or bank line drawdowns based on LIBOR. Its lines of credit are on contracts based on alternative rates without any exposure linked to the disappearance of LIBOR.

REFORM OF INTERBANK RATES – DISAPPEARANCE

OF LIBOR SINCE DECEMBER 31, 2021 The London Interbank Offered Rate (LIBOR), the benchmark interest rate used to calculate the average rate at which banks grant short-term loans to each other, ended on December 31, 2021. It has been removed from the international monetary system.

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021