Plastic Omnium - 2018 Registration Document

8 OTHER INFORMATION General information about the Company PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 291 GENERAL MANAGEMENT (ARTICLE 13 OF THE BYLAWS) The Board of Directors shall elect one of its members as Chairman. The Chairman organizes and directs the work of the Board of Directors and reports on said work to the Shareholders’ Meeting. He oversees the proper running of the Company’s decision-making bodies and, in particular, ensures that directors are able to carry out their duties. Either the Chairman of the Board of Directors or another natural person appointed by the Board of Directors as Chief Executive Officer is responsible for running the Company. The Board of Directors chooses in a free and majority vote one of the two modes of supervision and can at any moment by a majority vote modify its choice. The Board of Directors may, in accordance with the law, appoint one or more natural persons as Chief Operating Officer to assist either the Chairman, if he assumes the office of Chief Executive Officer, or the Chief Executive Officer. There can be no more than five Chief Operating Officers. The powers of the Chairman of the Board of Directors, if he is responsible for running the Company, and those of the Chief Executive Officer are set out by law. His powers may be limited by the Board of Directors in accordance with the Company’s decision-making structures. The Board of Directors determines, in accordance with the law, the extent and duration of the powers conferred on the Chief Operating Officers. Chief Operating Officers have the same powers as the Chief Executive Officer with regard to third parties. The age limit for the position of Chairman of the Board of Directors shall be eighty years and the age limit for the positions of Chief Executive Officer and Chief Operating Officer shall be seventy-five years. CONSULTATION OF DOCUMENTS RELATING TO THE COMPANY Documents that must be made available to the public (Company’s bylaws, reports from the Statutory Auditors, reports from the Board of Directors and past financial information relating to Compagnie Plastic Omnium and its subsidiaries, including that included in this financial report) may be consulted, while they remain valid, at the registered office of Compagnie Plastic Omnium and also at its administrative registered office (1, allée Pierre-Burelle, 92300 Levallois-Perret, France). Some of these documents may also be available in electronic format on www.plasticomnium.com . This Registration Document and the Compagnie Plastic Omnium activity report are both available in English. THE ROLE OF COMPAGNIE PLASTIC OMNIUM IN RELATION TO ITS SUBSIDIARIES Compagnie Plastic Omnium is a holding company with the following role: to hold shares in the holding companies for each business line. These ● holding companies own, directly or indirectly, shares in the operating subsidiaries; to finance Group subsidiaries to provide them with optimal market ● conditions, either directly or via Plastic Omnium Finance (the Group’s central corporate treasury); to grant Group subsidiaries the right to use the brands it owns. This is ● subject to a license fee paid by the licensees (see the Statutory Auditors’ report on related-party agreements).