Plastic Omnium // 2021 Universal Registration Document

2021 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements

H – PROVISIONS FOR CONTINGENCIES AND CHARGES

2020

+

Utilized (-)

Surplus (-)

2021

In thousands of euros

Provisions for foreign exchange losses

514

561

-

(514)

561

Provisions for contingencies and charges on Performance Share Plans

8,251

1,170

-

(864)

8,557

Other provisions for contingencies and charges

1,425

72

-

-

1,497

Provisions for taxes (see Note P)

60,160

10,283

-

-

70,443

TOTAL

70,350

12,086

-

(1,378)

81,058

Compagnie Plastic Omnium SE recognized a provision for expenses of €1.2 million in respect of the 45,947 free performance shares granted to corporate officers of Compagnie Plastic Omnium SE and its subsidiaries under the April 23, 2021 plan. It reversed, on account of the failure to achieve the performance conditions and forfeited rights, the €0.6 million provision for expenses recognized in respect of the 319,953 free performance shares granted to the employees and corporate officers of Compagnie Plastic Omnium SE and its subsidiaries under the May 2, 2019 plan. It also reversed in the

amount of €0.3 million, on account of forfeited rights, the provision for expenses recognized in respect of the 228,373 free performance shares granted to the employees and corporate officers of Compagnie Plastic Omnium SE and its subsidiaries under the December 11, 2020 plan. Compagnie Plastic Omnium SE increased the provision for taxes to €70.4 million at December 31, 2021, to take into account the use by the tax group of tax losses that may be used subsequently by its subsidiaries. Compagnie Plastic Omnium SE is obliged to return the tax savings to the subsidiaries when they become profitable again.

I – LIABILITIES

Maturity date < 1 year

Maturity date 1-5 years

Maturity date > 5 years

2021

In thousands of euros

Bonds

1,105,791

5,791

1,100,000

-

Bank borrowings

-

-

-

-

Other borrowings

333,531

333,531

-

-

TOTAL NET FINANCIAL LIABILITIES

1,439,322

339,322

1,100,000

-

Trade payables

12,236

12,236

-

-

6

Accrued taxes and payroll costs

3,334

3,334

-

-

Other liabilities

32,871

14,014

18,857

-

TOTAL

1,487,763

368,906

1,118,857

-

Net financial liabilities No new bonds were issued to financial institutions during the fiscal year.

Bonds The main features of the bonds totaling €1,100 million as of December 31, 2021 are presented below:

Schuldschein private placement of June 16, 2016

Schuldschein

Private placement

Issue (in euros)

300,000,000

Maturity

June 17, 2023

Annual coupon – Fixed rate

1.478%

299

PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021