Plastic Omnium - 2020 Universal Registration Document

2020 STATUTORY FINANCIAL STATEMENTS Notes to the statutory financial statements PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 283 L - PERSONNEL COSTS In thousands of euros 2020 2019 Wages and salaries 1,875 0 Payroll taxes 562 138 TOTAL 2,347 138 In connection with the implementation of the new corporate governance February 18, 2020 approved the principles and criteria for the from January 1, 2020 as noted in the “Significant events of the year” compensation of the Chairman of the Board of Directors. This section, the Board of Directors of Compagnie Plastic Omnium SE on compensation is recognized in personnel costs. M - DEPRECIATION, AMORTIZATION AND IMPAIRMENT Change in depreciation In thousands of euros 2019 + - 2020 Trademarks, patents and software 954 10 - 964 Fixtures and fittings 80 6 - 86 Office equipment and furniture 480 76 - 556 TOTAL 1,514 92 0 1,606 Changes in provisions In thousands of euros 2019 + - 2020 On assets Investments 1,063 70,254 - 71,317 Other receivables - 1,282 - 1,282 Cash and cash equivalents 488 - 488 0 TOTAL 1,551 71,536 488 72,599 On liabilities Regulated provisions - - - - Provisions for contingencies and charges 77,377 5,472 12,499 70,350 TOTAL 77,377 5,472 12,499 70,350 The net increase in provisions for contingencies and charges includes in particular: an exceptional provision of €3.6 million in respect of the 228,373 free ● performance shares granted to employees and corporate officers of Compagnie Plastic Omnium and its subsidiaries under the free share allocation plan of December 11, 2020; a provision of €1 million for income tax, to take into account the use by ● the tax group of tax losses that may be used subsequently by its subsidiaries; a financial reversal of €9.7 million for the negative position of one of its ● subsidiaries, the subsidiary having reconstituted its shareholders’ equity (see Note H) ; an exceptional reversal of €2.8 million, in respect of the partial ● achievement of the performance conditions, of the provision for the 400,000 free performance shares granted to the employees and corporate officers of Compagnie Plastic Omnium and its subsidiaries under the May 2, 2019 plan.