Plastic Omnium // 2021 Universal Registration Document

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

The fair value of financial assets and liabilities at amortized cost was close to the carrying amount, except for borrowings.

Balance sheet values at December 31, 2021

Fair value at December 31, 2021

Total

Current

Non-current

Total

Current

Non-current

In thousands of euros

Bonds and bank loans (1)

422,179

1,117,202

422,320

1,145,867

1,539,381

1,568,187

Balance sheet values at December 31, 2020

Fair value at December 31, 2020

Total

Current

Non-current

Total

Current

Non-current

In thousands of euros

Bonds and bank loans (1)

300,830

1,133,998

300,970

1,162,638

1,434,828

1,463,608

See Note 5.2.6.7 “Reconciliation of gross and net financial debt”. (1)

Methods for measuring fair value: the fair value of listed bonds is determined on the basis of quoted ● prices (level 1). The fair value of other borrowings is determined for each loan by discounting future cash-flows at a rate corresponding to the Euribor yield curve at year-end, corrected for the Group’s credit risk (level 2); the fair value of monetary and non-monetary UCITS is measured ● according to their last known net asset value (level 1). The fair value of interest rate products (certificates of deposit, time-deposit accounts, negotiable medium-term notes, etc.) is based on discounted future cash-flows from coupons and coupons excluding accrued interest

(principal and interest) for the remaining duration of the product on the balance sheet date (level 2). The discount rate used in this case is the market rate matching the maturity and products’ characteristics; other financial assets and finance receivables: items consisting mainly ● of finance receivables recorded on the basis of a discounted value when their maturity is more than one year; most of the derivatives are traded over-the-counter, for which there are ● no listed prices. As a result, their valuation is based on models commonly used by traders to evaluate financial instruments using discounted cash-flow models or option valuation models (level 2).

ADDITIONAL INFORMATION NOTE 7

5

7.1

Headcount at end of year of controlled companies

December 31, 2021

December 31, 2020

Excluding temporary

Excluding temporary

Temporary

Total

Temporary

Total Changes/Total

France

2,858

412

3,270

2,850

389

3,239

1%

%

13.1%

12.7%

13.1%

12.6%

10.3%

12.3%

Europe excluding France

10,375

1,291

11,666

10,949

1,839

12,788

- 9%

%

47.6%

39.8%

46.6%

48.4%

48.6%

48.4%

North America

5,173

395

5,568

5,358

581

5,939

- 6%

%

23.8%

12.2%

22.3%

23.7%

15.4%

22.5%

Asia and South America (1)

3,368

1,146

4,514

3,479

974

4,453

1%

%

15.5%

35.3%

18.0%

15.4%

25.7%

16.9%

TOTAL

21,774

3,244

25,018

22,636

3,783

26,419

- 5%

The “Asia and South America” region includes South Africa and Morocco. (1)

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021