Plastic Omnium - 2020 Universal Registration Document

SHAREHOLDERS' MEETING Ratification of the bylaws of Compagnie Plastic Omnium SE as of February 25, 2021 www.plasticomnium.com PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 334 ARTICLE 19 - INDIVIDUAL FINANCIAL STATEMENTS Each accounting year starts on 1 st January and ends on 31 December every year. 1. The accounting year’s profit or loss is the difference between the period’s revenue and expenses after deduction of amortization and provisions, as 2. attested to by the profit and loss statement. A mandatory charge of at least five percent, less prior losses where applicable, is deducted from the period’s profits and allocated to a reserve fund 3. called “legal reserve”. This deduction ceases to be mandatory when the reserve fund equals one tenth of the share capital. If there is a cash balance, the general shareholders’ meeting may decide to distribute it, post it to retained earnings or allocate it to one or more 4. reserve accounts the allocation or use of which it controls. After noting the existence of reserves at its disposal, the general meeting may decide to distribute sums deducted from such reserves. In that case, the 5. decision must expressly state the reserve accounts from which distributions are made. For some or all of the distributed dividend or interim dividend, the general meeting can award shareholders the choice between payment of the 6. dividend or interim dividend in cash or in shares. ARTICLE 20 - DISSOLUTION On dissolution of the Company as decided by the extraordinary general meeting, one or more liquidators are appointed under the same conditions of 1. quorum and majority as for ordinary general meetings. These appointments terminate the terms of office of the directors and the engagements of statutory auditors. The liquidator represents the Company. He has full power to sell the assets, including amicably. He is empowered to pay the creditors and to share out 2. the cash balance. After reimbursement of the par value of the shares, the remaining net worth is shared between the shareholders in proportion to their stake in the 3. capital. ARTICLE 21 - DISPUTES Any disputes arising between the company and the shareholders, or between shareholders themselves about corporate matters during the company’s lifetime or on its liquidation will be brought before the courts having jurisdiction over the registered office.