Plastic Omnium // 2021 Universal Registration Document

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2021 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements

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NOTES TO THE STATUTORY FINANCIAL STATEMENTS

The information below constitutes the notes to the balance sheet before distribution for the year ended December 31, 2021, for which the total amounted to €3,003,949 thousand and the result was €100,758 thousand.

SIGNIFICANT EVENTS OF THE YEAR

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.

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.

ACCOUNTING POLICIES AND PRINCIPLES

The financial statements of Compagnie Plastic Omnium SE have been prepared in accordance with the provisions of the French Commercial Code and the French General Accounting Plan (ANC regulation 2014-03 of June 5, 2014 amended by regulation no. 2018-07 of December 10, 2018). The annual financial statements include the provisions of the French Accounting Standards Authority (Autorité des Normes Comptables – ANC) regulation 2015-05 for financial futures and hedging transactions, as well as the recommendations of July 24, 2020 relating to the consideration of the consequences of the Covid-19 event in the financial statements. The accounting conventions for preparing and presenting the Company statutory accounts have been applied in accordance with the following basic assumptions: going-concern; ● consistency of accounting principles; ● separation of accounting periods. ● The basic method used for the items presented in the accounts is the historical cost method. The accounting policies used to prepare the 2021 financial statements are the same as those used in 2020. The significant accounting policies applied are described below. Property, plant and equipment Property, plant and equipment are initially recognized at cost and depreciated on a straight-line basis over their estimated useful lives, as follows: fixtures and fittings: 10 years; ● office equipment and furniture: 5 to 10 years. ●

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021