Plastic Omnium - 2020 Universal Registration Document

SHAREHOLDERS' MEETING Board of Directors’ report on the resolutions presented to the Combined Shareholders’ Meeting on April 22, 2021 PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 315 " " $ "#+ " ! "$ $ " # %$ # 8.3 !" # $ $ $ # " "#+ $ !" REPORT OF THE BOARD OF DIRECTORS ON THE RESOLUTIONS PRESENTED 8.3.1 TO THE ORDINARY SHAREHOLDERS’ MEETING APPROVAL OF THE 2020 ANNUAL FINANCIAL STATEMENTS (1 ST RESOLUTION) The first resolution submits for your approval the annual financial statements for the year ended December 31, 2020 which resulted in a profit of €104,496,292 compared with €271,773,846 in 2019. APPROPRIATION OF NET INCOME AND DETERMINATION OF THE DIVIDEND FOR 2020 (2 ND RESOLUTION) The second resolution concerns the appropriation of net income and determination of the dividend for the year ended December 31, 2020. In euros Retained earnings at February 25, 2021 of 1,264,217,225 And net income for the year ended December 31, 2020 was 104,496,292 Total amount to be appropriated 1,368,713,517 The Board of Directors proposes to the Shareholders’ Meeting a net dividend for the financial year ended December 31, 2020 of €0.49 per share, identical to the previous year’s dividend. Upon payment, the dividend attributable to treasury shares held by the Company will be transferred to “Retained earnings.” If the Shareholders’ Meeting approves this proposal, shares will trade ex-dividend as of April 28, 2021 at midnight (Paris time) and the dividend will be paid on May 3, 2021. For individual shareholders resident for tax purposes in France, who do not opt for withholding at the flat rate of 30%, this dividend is eligible for the 40% tax relief resulting from the provisions of Article 158-3-2° of the French General Tax Code. The dividends for individual shareholders are subject to withholding at 12.8%. As a reminder, the following dividends have been distributed over the past three years. Fiscal year Number of shares with dividend rights Dividend per share Income eligible for the tax relief provided for in Article 158-3-2° of the French General Tax Code Income not eligible for the tax relief provided for in Article 158-3-2° of the French General Tax Code Dividends Other income Dividends Other income 2017 147,494,900 0.67 98,821,583 - - - 2018 146,173,826 0.74 108,168,631 - - - 2019 145,349,120 0.49 71,221,069 The Board of Directors recommends that this amount be appropriated as follows: In euros Total amount to be appropriated 1,368,713,517 Appropriation: Net dividend distributed for 2020 72,089,855 Carried forward 1,296,623,662 Total appropriated 1,368,713,517