Plastic Omnium - 2018 Registration Document

5 2018 STATUTORY ACCOUNTS Special report of the Statutory Auditors on related party agreements and commitments PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 255 WITH BURELLE SA, OF WHICH MR. JEAN BURELLE IS CHAIRMAN, WHICH DIRECTLY HOLDS A 58.51% STAKE IN PLASTIC OMNIUM’S SHARE CAPITAL PERSONS CONCERNED Mr. Laurent Burelle and Mr. Paul Henry Lemarié, Executive CEOs, and Mrs. Éliane Lemarié and Mrs. Félicie Burelle, Directors. Burelle SA invoices Plastic Omnium for General Management services according to re-invoicing agreements. This agreement was reviewed during meetings of the Plastic Omnium Board of Directors on February 24, 2016, July 26, 2016 and October 26, 2016 during which it was decided to change the way in which the incentive paid by Burelle SA to Mr. Laurent Burelle, Mr Jean Burelle and Mr Paul Henry Lemarié is determined, and then re-invoiced to Plastic Omnium. The agreement describes the facilitation and coordination services for all of Plastic Omnium's businesses provided by the Group's General Management. CONDITIONS Burelle SA invoices Plastic Omnium for the executive services according to re-invoicing agreements. As at December 31, 2018, your Company recorded an expense of €1,764,948 for Group executive services. WITH YANFENG PLASTIC OMNIUM AUTOMOTIVE SYSTEMS CO. LTD, YOUR COMPANY INDIRECTLY HOLDS A 49.95% STAKE IN YANFENG PLASTIC OMNIUM AUTOMOTIVE SYSTEMS CO. LTD PERSON CONCERNED Mr. Jean-Michel Szczerba, Director. This license lee and technical support agreement was authorized by the board of directors on February 26, 2013 and ratified by the annual general meeting of April 25, 2013. Its purpose is the use of your Company’s trademarks. CONDITIONS 0.25% of the revenues of the company benefiting from the agreement. TERM The agreement has a term of thirty years. As at December 31, 2018, your company recorded a revenue corresponding to billing fees to be invoiced to Yanfeng Plastic Omnium Automotive Systems Co. Ltd in the amount of €1,975,631. WITH BPO-B.PLAS PLASTIC OMNIUM OTOMOTIV PLASTIK YAN SANAYI A.S, YOUR COMPANY HOLDS 50% OF THE VOTING RIGHTS IN B.PLAS-PLASTIC OMNIUM OTOMOTIV PLASTIK PERSON CONCERNED Mr. Jean-Michel Szczerba, Director. This license lee and technical support agreement was authorized by the board of directors on February 26, 2013 and ratified by the annual general meeting of April 25, 2013. Its purpose is the use of designs, models, industrial processes, know-how and technical assistance services from your compagny. The agreement had a term of five years, and is automatically renewed. This agreement was signed on December 21, 2001. CONDITIONS The fee rate amounts to 1.5% of BPO-B.PLAS-Plastic Omnium Otomotiv Plastik’s net sales of licensed products. As at December 31, 2018, your company invoiced BPO-B.PLAS-Plastic Omnium Otomotiv Plastik an amount of €420,377.