Plastic Omnium // 2021 Universal Registration Document

2021 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements

NOTES TO THE BALANCE SHEET

A – INTANGIBLE ASSETS

2020

+

-

2021

In thousands of euros

Patents, trademarks and licenses

993

-

-

993

TOTAL, GROSS

993

-

-

993

Accumulated depreciation

(964)

(4)

-

(968)

TOTAL, NET

29

(4)

0

25

B – PROPERTY, PLANT AND EQUIPMENT

2020

+

-

2021

In thousands of euros

Land

13

-

-

13

Fixtures and fittings

127

-

-

127

Office equipment and furniture

3,576

3

-

3,579

Property, plant and equipment in progress

0

-

-

0

Prepayments to suppliers of non-current assets

0

-

-

0

TOTAL, GROSS

3,716

3

0

3,719

Accumulated depreciation

(642)

(83)

-

(725)

TOTAL, NET

3,074

(80)

0

2,994

C – FINANCIAL ASSETS

6

2020

+

-

2021

In thousands of euros

Equity investments

1,231,363

158,792

250

1,389,905

Other long-term investments

35,517

60,027

60,310

35,234

Loans

731,952

18,045

-

749,997

TOTAL, GROSS

1,998,832

236,864

60,560

2,175,136

Provisions for impairment

(71,317)

(241)

-

(71,558)

TOTAL, NET

1,927,515

236,623

60,560

2,103,578

Changes in equity investments mainly relate to the transactions described in the chapter “Significant events”: the subscription to the capital increases of the companies Plastic ● Omnium Inc. (€128.6 million), Plastic Omnium Holding Shanghai (€30 million), wholly-owned subsidiaries; the creation of two subsidiaries, Plastic Omnium 6 and Plastic Omnium ● 7, each of which had subscribed share capital of €0.1 million; the exit of the securities of Plastic Omnium Holding Shanghai for ● €0.2 million following its out-of-court liquidation. In the current context of the Covid-19 health crisis and the decline in activity linked to the semiconductor crisis, impairment tests were carried out on the subsidiaries’ equity investments. These tests did not give rise to the recognition of any additional impairment but led to the maintenance of the impairment of Plastic Omnium GmbH shares recognized at December 31, 2020 in the amount of €60 million. This entity holds, among other things, the shares in the German subsidiary of the Intelligent Exterior Systems Division whose industrial assets were impaired in 2020.

The change in other long-term investments is explained by purchases and sales of treasury shares under the liquidity contract and by transactions on shares being canceled (see Note G). At December 31, 2021, other long-term investments mainly consisted of: a €19 million commitment in the Aster VI professional equity fund of ● Aster Capital Partners SAS, specialized in the energy, industry and mobility sectors; a €2.7 million commitment in the professional private equity fund ● Fonds d’Avenir Automobile, focused on automotive equipment manufacturers; 139,300 treasury shares allocated to market-making and valued at ● €3.2 million; 400,000 treasury shares being canceled and valued at €10.4 million. ● Loans consist of medium- and long-term financing provided to entities of Plastic Omnium Group.

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021