Plastic Omnium - 2020 Universal Registration Document

ADDITIONAL INFORMATION General information about the Company PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 337 CHAIRMAN AND EXECUTIVE OFFICERS (ARTICLE 14 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. The Chairman 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 Managing Director 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 Managing Directors. 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 Managing Directors. Managing Directors 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. The age limit for the positions of Chief Executive Officer and Managing Director 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 SE and its subsidiaries, and that included in this Universal Registration Document) may be consulted, while they remain valid, at the registered office of Compagnie Plastic Omnium SE and also at its administrative headquarters (1, allée Pierre-Burelle, 92300 Levallois-Perret, France). Some of these documents may also be available in electronic format on www.plasticomnium.com . This Universal Registration Document and Compagnie Plastic Omnium SE’s 2020 integrated report are both available in English. THE ROLE OF COMPAGNIE PLASTIC OMNIUM SE IN RELATION TO ITS SUBSIDIARIES Compagnie Plastic Omnium SE is a holding company with the following role: to hold equity interests 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 ).