Plastic Omnium // 2021 Universal Registration Document

6

2021 STATUTORY FINANCIAL STATEMENTS Comments on the statutory financial statements

6.1

COMMENTS ON THE STATUTORY FINANCIAL STATEMENTS

BALANCE SHEET CHANGES

NET FINANCIAL LIABILITIES Compagnie Plastic Omnium SE set up an additional credit line of €20 million, replacing a €50 million line that had reached maturity, bringing the outstanding amount of confirmed medium-term credit lines to €1,840 million at December 31, 2021. In addition, €322.5 million of commercial paper had been issued by the Company at December 31, 2021. At December 31, 2021, Compagnie Plastic Omnium SE’s financial position showed positive net cash of €187.7 million versus positive net cash of €335.5 million at December 31, 2020. The decrease is mainly due to the subscription to capital increases of certain subsidiaries as indicated in the paragraph “Equity investments”. Compagnie Plastic Omnium SE posted operating revenue of €31.8 million in 2021, compared with €31.3 million in 2020. This revenue can be broken down as follows: €28.7 million in trademark license fees from subsidiaries; ● miscellaneous re-invoicing to Group companies for €1.7 million. ● Net financial income for Compagnie Plastic Omnium SE was €113.5 million, versus €98.5 million in 2020. This financial income was largely due to: dividends from subsidiaries for €101.3 million in 2021 versus ● €152.2 million in 2020; net interest income on loans, receivables and borrowings of ● €13.2 million in 2021 versus net income of €8.6 million in 2020; net charge to provisions of -€1.2 million in 2021 versus a net charge to ● provisions of -€62.8 million in 2020. The extraordinary result is a loss of €0.1 million. Profit before tax was €103.8 million in 2021, compared to €100.6 million in 2020. Income tax was an expense of €3 million in 2021, compared with tax income of €3.9 million in 2020. As a result, the net profit for 2021 was €100.8 million, compared with €104.5 million in 2020. No expenses were added back to taxable income during 2021, in application of Articles 223 quater and 223 quinquies of the French General Tax Code. EARNINGS PERFORMANCE

The main changes involved the following transactions:

EQUITY INVESTMENTS On November 29, 2021, Compagnie Plastic Omnium SE subscribed to a ● capital increase of its subsidiary Plastic Omnium Inc. through a cash contribution of $145 million, i.e. €128.6 million. On January 1, 2021, Compagnie Plastic Omnium SE subscribed to a ● capital increase of its subsidiary Plastic Omnium Holding Shanghai through a cash contribution of €30 million. LOANS The Company increased the net amount of its loans to subsidiaries ● by €17.7 million. SALE OF RESEARCH TAX CREDIT RECEIVABLES – FRANCE On December 2, 2021, Compagnie Plastic Omnium SE sold its research ● tax credit receivables to a financial institution. The amount of receivables sold coming from the research centers of subsidiaries belonging to the tax consolidation group amounted to €12.2 million. CAPITAL AND TREASURY SHARES In accordance with the authorization granted by the Combined General ● Meeting of April 23, 2020, the Board of Directors decided on February 17, 2021 to proceed on February 25, 2021 with a share capital reduction in the amount of €86,637.24 corresponding to the cancelation of 1,443,954 shares with a par value of €0.06. The share capital was thus reduced to €8,827,329.18 and is divided into 147,122,153 shares with a par value of €0.06. Upon authorization by the Combined General Meeting of April 26, ● 2018, the Board of Directors decided on February 17, 2021 to carry out an allocation on April 23, 2021 of 45,947 free performance shares to the corporate officers of Compagnie Plastic Omnium SE and/or of companies in its Group. The vesting of the performance shares will occur following the General Meeting of Shareholders that will take place in 2025. The cost associated with this plan was estimated at €1.2 million on December 31, 2021. On the vesting date of the shares, the relevant subsidiary with plan beneficiaries will be re-invoiced for the cost. Compagnie Plastic Omnium SE continued its share buyback program ● under the authorization granted by the Combined General Meeting of April 23, 2020. Buybacks carried out in fiscal year 2021 totaled €60 million.

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021