Plastic Omnium - 2020 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS 2020 Consolidated financial statements at December 31, 2020 www.plasticomnium.com PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 234 The main assumptions used for this valuation using the principles of IFRS 2 were as follows: Valuation of December 11, 2020 plan In euros In units for the number of shares Valuation of the number of shares allocated and valuation on April 30, 2020 Initial Renunciations in 2020 Final positions Number of shares allocated to the performance share plan 228,373 shares 0 share 228,373 shares Market conditions Not subject to market conditions Plastic Omnium share price at the performance plan award date €17.36 Average value of one share €15.00 Number of shares attributable after application of an employee turnover rate 188,113 shares Estimated overall cost of the plan on the award date of allocation – (Accounting expense with adjustment to reserves) €3,425,595 The overall cost of the plan was subject to a valuation when implemented and then revalued based on achievement of the performance conditions for the 2020 financial year. Based on this new estimate, the overall plan amounts to -€3,425,595. The expense is amortized on a straight-line basis over the vesting period of four years (of which €470,283 as of December 31, 2020). The performance share plan is subject to a 20% social security contribution for the employer, as a French subsidiary. This contribution is due the month following the date of vesting by the beneficiary, i.e . in May 2024. It is subject to a provision, calculated on the nominal value of the shares according to the market price of the award date, spread over the term of the plan, i.e. four years. As of December 31, 2020, the provision for accrued expenses amounted to €91.7 thousand. Other information Plan of December 11, 2020 Total number of beneficiaries 55 of which Number of beneficiaries Number of shares Corporate officers 2 45,373 Employees 53 183,000