Plastic Omnium - 2020 Universal Registration Document

CORPORATE GOVERNANCE Compensation of members of the Board of Directors and executive directors www.plasticomnium.com PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 110 Compensation of executive directors in relation 3.2.1.2.9 to the average and median compensation of employees of the Plastic Omnium Group in France In accordance with Article L. 22-10-9 of the French Commercial Code, the following table presents changes, starting in 2016, in the fairness ratio between the compensation paid to executive directors and the average and median compensation paid to Plastic Omnium employees in France. The ratios are usually compared to the Group’s performance. However, the impact of the Covid-19 health crisis on the Group’s performance makes the change in the fairness ratio difficult to compare. Payroll rose by 14.6% over the same period, mainly due to the recruitment of new employees and salary increases. The average compensation of employees located in France and taken into account to produce this fairness ratio rose from €55,885 in 2016 to €60,075 in 2020, an increase of 7.5%. Methodology for calculating the ratio The ratios were calculated using the following methodology: scope of legal entities in France, excluding companies in the ● Environment Division sold in 2018 and excluding companies whose Truck Division was sold in 2017; fixed and variable compensation paid during the year in question; ● stock options and performance shares recognized at IFRS value at the ● grant date (2017, 2019 and 2020 plans); all full-time employees in France on fixed-term or permanent contracts, ● excluding work-study students, interns, trainees, temporary staff, expatriates and part-time employees due to their low representativeness; takes into account the total gross amount of compensation paid during ● the fiscal year reconstructed as a full-time equivalent over the reference year; takes into account, for each fiscal year concerned, employees present ● throughout the year; with regard to the compensation of Mr. Laurent Burelle, taking into ● account the portion re-invoiced by Burelle SA to Compagnie Plastic Omnium SE in respect of senior management services (see section 3.2.1.2.6); for periods of partial employment and for temporary salary reductions, ● the salary is recalculated. It should be noted that Mr. Laurent Favre and Ms. Félicie Burelle have been corporate officers since January 1, 2020 and that their compensation takes into account components paid during the year. Therefore, the variable components included are with respect to their previous positions. Regarding Mr. Laurent Burelle’s compensation, Burelle SA did not re-invoice in 2020, unlike in previous years when he was Chairman and CEO of Compagnie Plastic Omnium SE. The calculation of the equity ratio takes into account the payment in 2020 of the bonus due with respect to 2019 and calculated according to his previous compensation distribution. CHANGES IN THE FAIRNESS RATIO BETWEEN THE COMPENSATION PAID TO EXECUTIVE DIRECTORS AND THE MEAN AND MEDIAN COMPENSATION PAID TO EMPLOYEES BASED IN FRANCE BY THE PLASTIC OMNIUM GROUP Equity ratio 2016 2017 2018 2019 2020 Mr. Laurent Burelle Chairman of the Board of Directors (since January 1, 2020) Individual compensation/ Average compensation of other employees 67.3 67.8 68.7 60.6 76.6 Individual compensation/ Median compensation of other employees 88 89.2 89,2 81 99.1 Mr. Laurent Favre Chief Executive Officer (since January 1, 2020) Individual compensation/ Average compensation of other employees - - - - 32.1 Individual compensation/ Median compensation of other employees - - - - 41.6 Ms. Félicie Burelle Managing Director (since January 1, 2020) Individual compensation/ Average compensation of other employees - - - - 16.1 Individual compensation/ Median compensation of other employees - - - - 20.8 CHANGE TO THE CONSOLIDATED NET RESULT OF THE PLASTIC OMNIUM GROUP BETWEEN 2016 AND 2020 (IN MILLIONS OF EUROS) The Group reports below the indicators usually monitored and which were strongly impacted by the Covid-19 health crisis. 2016 2017 2018 2019 2020 Net profit – Group share 312.1 425.2 533.3 258.2 -251.1 Change +2% +36% +25% -51% -197%