Plastic Omnium // 2021 Universal Registration Document

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CORPORATE GOVERNANCE Composition and conditions for the preparation and organization of the work of the Board of Directors

banking agreements; strategic changes related to the Corporate Social Responsibility (CSR) policy. The Chairman, in close collaboration with the Chief Executive Officer, is responsible for banking relations with the Senior Executives of banking institutions. The Chief Executive Officer regularly informs the Chairman of the progress of the external communication projects that he submits to him for approval. The Board of Directors considers that this organization guarantees the sustainability of the Group’s performance, values and commitments as well as the quality of its governance. Relations between the Board of Directors and Senior Executives The Senior Executives communicate transparently with the directors and keep them regularly informed of the Company’s operations and its performance. The Board has the means to deal freely with issues that concern it, in particular the Company’s strategic orientations, to monitor and ensure their implementation and to control their proper management. The Chairman of the Board of Directors is kept regularly informed by the Chief Executive Officer of significant events in the Group. If necessary he informs members of the Board in between meetings. Only the Chairman is entitled to speak on behalf of the Board. He conducts the work of the Board in order to obtain the support and commitment of the directors for the actions of the Chief Executive Officer and to ensure the development of the Company with complete confidence. The Board of Directors may meet at any time depending on current events. Directors’ rights and obligations The Internal Rules of the Board of Directors provide that its members are inform the Chairman of the Board and the Board of any situation of ● conflict of interest, even a potential one, and refrain from voting on any deliberation for which such a situation of conflict of interest exists; perform their duties in compliance with legal provisions, in particular ● those relating to limits on the number of terms of office, and attend Board and Committee meetings; be informed so that they can make a useful contribution to the topics ● on the agenda; consider themselves bound by a true professional secrecy and be ● bound by an obligation of loyalty; comply with the Company’s Stock Exchange Ethics Charter, in particular ● with regard to securities transactions; inform the Chairman of the Board of Directors without delay of any ● agreement entered into by the Company in which they are directly or indirectly interested or which has been entered into by an intermediary. subject to obligations such as to: act in the corporate interest; ●

opinion, and that principles of good governance apply. In particular, he ensures that the directors are provided with the clear and appropriate information necessary to the performance of their duties in a timely manner. In accordance with the Internal Rules, the directors are required to immediately report to the Chairman and the Board any situation of conflict of interest, even potential, as well as any draft agreement entered into by the Company and to which they are or may be directly or indirectly involved. The Chairman of the Board chairs Board meetings and prepares its work. As such, he: convenes meetings of the Board according to a schedule of meetings ● communicated to the directors and decides whether to convene the Board at any other time if necessary; prepares the agenda, supervises the creation of the Board file and ● ensures the completeness of the information contained therein; ensures that certain topics are discussed by the committees in ● preparation for Board meetings and ensures that they have the power to make proposals to the Board; leads and directs the discussions of the Board; ● ensures that directors comply with the provisions of the Board’s ● Internal Rules; prepares and organizes, in conjunction with the Appointments ● Committee, the periodic assessment of the Board. The Chairman ensures the proper organization of the General Meetings of Shareholders which he chairs, answers shareholders’ questions and more generally ensures good shareholder relations. Should the Chairman be unable to attend, he is replaced by the Chief Executive Officer, if the Chief Executive Officer is himself a director, or otherwise by a Managing Director or by another director chosen by the Board at the beginning of the meeting. Taking into account the experience and expertise of Laurent Burelle as well as his in depth knowledge of the Group and automotive industry markets, the Chairman acts in close collaboration with the Chief Executive Officer who, with the support of the Managing Director, is responsible for the management and operational management of the Company. The Board of Directors decided to extend the missions entrusted to the Chairman in 2021. At its meeting of February 17, 2021, the Board of Directors decided on the following distribution of responsibilities: The Chief Executive Officer manages the Company in close collaboration with the Chairman, who sets the strategic direction. The Chairman approves the annual budget and the five-year strategic plan, after being regularly informed by the Chief Executive Officer of the progress of its preparation; disposal & acquisition projects with a value of more than €50 million or revenue exceeding €100 million; movements within the Executive Committee; the raising or cancellation of loans and Relations between the Chairman of the Board of Directors and Senior Executives

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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021