D e c e m b e r 8 th,

(1)

D e c e m b e r 8 ^{t h} , 2 0 2 1

(2)

PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP

2 1. Committed To Low-Carbon Mobility 2. Acting For Carbon Neutrality

3. Financing Carbon Neutrality y 4. Conclusion

Q&A

Agenda

(3)

Committed

To Low-Carbon Mobility

Laurent FAVRE

CEO

(4)

4 ELECTRIFICATION

─────────────────────────────────

Hydrogen will play a key role in the medium term

─────────────────────────────────

ZEV will represent at least 30% of light vehicles in 2030

CONNECTIVITY

& DIGITALIZATION

─────────────────────────────────

Value-shift in cars from hardware to software

─────────────────────────────────

90% connected vehicles by 2035

CUSTOMER EXPERIENCE

─────────────────────────────────

Design to remain key for brand identity and

attractiveness

─────────────────────────────────

Increasing demand for applications and functionalities ACTIVE SAFETY

& AUTONOMY

─────────────────────────────────

Safety regulations to

accelerate growth of ADAS market

─────────────────────────────────

Levels 1 to 3 autonomy will represent 80% of vehicle mix in 2030

S U S T A I N A B I L I T Y

(5)

25 COUNTRIES

31,000

EMPLOYEES

135 PLANTS

25 R&D CENTERS

Towards a pathway to EVs (2035-40)

High regulation pressure, Eco-design, electrification,

recycled materials Front-runner

for hydrogen growth

6 R&D centers

28 ^plants

──────────────────

12 R&D centers

59 ^plants

─────────────────────────

7 R&D centers

48 ^plants

───────────────────

(6)

6 A v i s i o n a r y i d e a t o d e c r e a s e

C O ² e m i s s i o n s

s i n c e i n c e p t i o n …

1946

2021

15% to 20%

of car weight

LIGHTER WEIGHT

LOW SCRAP

DURABILITY

RECYCLABILITY

(7)

2001

2013

2020 2019

1950-1980

1986

2006

2017

2019

2021

(8)

8 ENERGY STORAGE

& EMISSION REDUCTION LIGHTWEIGHTING,

AERODYNAMICS, DESIGN MODULARIZATION

& CUSTOMIZATION HYDROGEN SYSTEMS

FOR ZERO EMISSION

Worldwide in bumpers #1

& plastic tailgates

Worldwide in front #1

end modules

Worldwide in fuel #1

systems & SCR

Targeted in 2030 #1

with €3.0 bn revenue

(9)

Grow faster than the market

Enhance

innovation to accelerate performance

Reinforce

leadership positioning

3 STRATEGIC OBJECTIVES

SUSTAINABILITY INNOVATION

OPERATIONAL

EXCELLENCE

(10)

10

──────────────────────────────

RESPONSIBLE ENTREPRENEURSHIP

──────────────────────────────

CARE FOR PEOPLE

──────────────────────────────

SUSTAINABLE BUSINESS

──────────────────────────────

(11)

SCOPE 1

───────────────────

From company assets

SCOPE 2

──────────────────────────

From generation of energy purchased

by the company 2025

SCOPE 3

──────────────────────────

From all actors of our value chain 2030

SCOPE 1

───────────────────

SCOPE 2

──────────────────────────

SCOPE 3

──────────────────────────

2050

Neutral -30 ^%

Neutral

PO's objectives approved by

and aligned with

(12)

Acting For

Carbon Neutrality

David MENESES

Executive VP Sustainability

(13)

4% 6%

25%

23%

42%

CO 2 emissions by sector

45%

30%

12%

11% 2%

CO 2 emissions in transport

Other

Residential

Transport

Industry Electricity

& heat producers

Rail

Passenger road vehicles

Road freight vehicles Aviation

Shipping

(14)

14 DOWNSTREAM ACTIVITIES

─────────────────────────────────

DOWNSTREAM SCOPE 3

──────────

Customers and visitors

travel

──────────

Downstream freight

──────────

Use of sold products

──────────

End-of-life of sold products COMPANY’S ACTIVITIES

─────────────────────────────────

SCOPE 1 & 2

───────────────────

Company’s vehicle fleet

───────────────────

Operations

Fossils fuels consumption Electricity consumption Refrigerant gas leakages

UPSTREAM ACTIVITIES

─────────────────────────────────

UPSTREAM SCOPE 3

──────────

Upstream freight

──────────

Travel

──────────

Capitals assets

(Fixed assets:

buildings, vehicles, IT equipment… )

──────────

Purchases

(Purchases of goods and services)

1 ^%

8.5 ^% 90.5 ^%

7.5

%

88.5 ^%

(15)

UPSTREAM ACTIVITIES

─────────────────────────────────

UPSTREAM SCOPE 3

──────────

Upstream freight

──────────

Travel

──────────

Capitals assets

(Fixed assets:

buildings, vehicles, IT equipment… )

──────────

Purchases

(Purchases of goods and services)

7.5

%

8.5 ^%

Upstream Scope 3

-30 ^% in 2030

COMPANY’S ACTIVITIES

─────────────────────────────────

SCOPE 1 & 2

───────────────────

Company’s vehicle fleet

───────────────────

Operations

Fossils fuels consumption Electricity consumption Refrigerant gas leakages

1 ^%

Scope 1 & 2

Neutral in 2025

DOWNSTREAM ACTIVITIES

─────────────────────────────────

DOWNSTREAM SCOPE 3

──────────

Customers and visitors

travel

──────────

Downstream freight

──────────

Use of sold products

──────────

End-of-life of sold products

88.5 ^%

90.5 ^%

Downstream Scope 3

-30 ^% in 2030

(16)

DOWNSTREAM ACTIVITIES

─────────────────────────────────

DOWNSTREAM SCOPE 3

──────────

Customers and visitors

travel

──────────

Downstream freight

──────────

Use of sold products

──────────

End-of-life of sold products

88.5 ^%

COMPANY’S ACTIVITIES

─────────────────────────────────

SCOPE 1 & 2

───────────────────

Company’s vehicle fleet

───────────────────

Operations

Fossils fuels consumption Electricity consumption Refrigerant gas leakages

UPSTREAM ACTIVITIES

─────────────────────────────────

UPSTREAM SCOPE 3

──────────

Upstream freight

──────────

Travel

──────────

Capitals assets

(Fixed assets:

buildings, vehicles, IT equipment… )

──────────

Purchases

(Purchases of goods and services)

7.5

%

1 ^%

8.5 ^% 90.5 ^%

16 All Scopes Neutral

in 2050

PO's objectives approved by

and aligned with

Compliant with

recommendations

(17)

SCOPES 1 & 2: neutral in 2025

REDUCE

ENERGY CONSUMPTION (electricity & gas)

────────────────────────────────────────

EFFICIENCY PROJECTS

◆ > 100 sites in 4 years

◆ 12% reduction in energy consumption

COMPENSATE

CO ² REDUCTION

OUTSIDE THE COMPANY

───────────────────────────────────────────

CARBON OFFSET PROJECTS

◆ Preferably in our value chain (e.g. battery charging or H2 infrastructure)

REPLACE

RENEWABLE ENERGY

─────────────────────────────────────────────────

ON-SITE SOLAR OR WIND POWER INSTALLATIONS

─────────────────────────────────────────────────

OFF-SITE/PPA CONTRACTS

◆ Europe/North America

─────────────────────────────────────

(18)

18

─────────────────────────────────────────────────

32% OF RENEWABLE ELECTRICITY

─────────────────────────────────────────────────

5 SITES ALREADY EQUIPPED WITH SOLAR PANELS OR WIND TURBINES

─────────────────────────────────────────────────

OVER 25 IN 2022

─────────────────────────────────────────────────

SITE TESTIMONY WITH OUR PARTNER

ON EFFICIENCY PROGRAM

best practices 30

(19)

2022

sites sites

sites

sites sites

sites

SITES WITH 35

STANDARD PRACTICES SITES NEEDING 40

SUPPORT AUTONOMOUS 26

SITES

2023 2024 2025

(20)

20 SCOPE 3: -30% in 2030

ACTION PLAN WITH

SUPPLIERS & TRANSPORTERS

─────────────────────────────────────────────────────

◆ CO ₂ footprint as a selection criterion / Sharing of tools & good practices

COLLABORATE

SOLUTIONS

FOR OUR CUSTOMERS

───────────────────────────────────────────

◆ Lightweighting, Aerodynamics

◆ Electrification

Partnership with

(21)

2021 2022

───────────────────────────────────────

◆ Based on impact and maturity

───────────────────────────────────────

◆ Engagement strategy per supplier category

───────────────────────────────────────

◆ Green targets and KPIs

PARTNER AND SUPPORT DEVELOP

A SUPPLY CHAIN ENGAGEMENT

STRATEGY

COMMUNICATE STRATEGY &

EXPECTATIONS

MONITOR REINFORCE

───────────────────────────────────────

◆ Webinars, conventions, training…

───────────────────────────────────────

◆ Supplier charters

───────────────────────────────────────

◆ Timeline

───────────────────────────────────────

◆ Activate relevant CO

²

emissions levers

───────────────────────────────────────

◆ CO

²

data

───────────────────────────────────────

◆ Support initiatives, share best practices, launch green projects…

───────────────────────────────────────

◆ Improve value chain

───────────────────────────────────────

◆ CO

2

footprint measurement

───────────────────────────────────────

◆ Providing efficient and trustable KPIs and measurement tools

───────────────────────────────────────

◆ Procurement policy and sourcing CO

2

criteria

───────────────────────────────────────

◆ PO award

(22)

22 INCREASING THE PACE OF RECYCLED MATERIAL IN OUR PRODUCTS

──────────────────────────────────────────────────────────────────

SAME CRITERIA OF SAFETY AND AERODYNAMICS

───────────────────────────────────────────────

ECO-DESIGN AND RECYCLABILITY

───────────────────────────────────────────────────────────────────

DEVELOPMENT OF A MASS MARKET

“Proof of concept”

with 50% recycled material

on commercial bumper

(incl. the painted skin)

(23)

Hybrid vehicles

Frunk Automated LID

Lightweight &

Aerodynamics Hydrogen

“Plastic Omnium as one of our important suppliers has a very important role to play and we are looking forward to a continuous good collaboration and your full support to reach our sustainability targets.”

Volvo cars

(24)

24 2020 2025 2030 2040 2050

◔ ●

◑ ● ●

◔ ◑

● ●

●

^JAGUAR

◑

^{LAND ROVER}

●

^{LAND ROVER}

● ◔ ◑

◔ ● ◑ ●

● ●

◑ ●

◔ ◑ ●

◑ ●

SALES TARGET

●

100% EV OR FCEV /

◑

>50% EV OR PHEV /

◔

<50% EV OR PHEV

● COP26 Commitment for complete ICE phase out

2035

10% EV 80% HEV/PHEV in EU

100% EV in EU

70% EV&PHEV

OPEL&FIAT

100% EV

100% EV & FCV

2033: 100% EV

(25)

Front-end modules

& cockpit modules

Front and rear bumpers, front-end modules and active grill

shutters

Rear bumpers, front- end modules, spoilers,

wheel arches, rocker panels and active grill

shutters

Front-end modules, innovative active rollo

shutters and center consoles

Bumpers, tailgates, front-end modules, innovative active rollo

shutters and center consoles

Front/Rear Bumpers and tailgates

Front-end modules

Front and rear bumpers, front-end modules and

Front and rear bumpers Front and rear bumpers Front-end modules Active grill shutters TAYCAN

by Porsche

E-TRON

by Audi

EQA

by Daimler

ID3

by Volkswagen

ID4

by Volkswagen

Lyriq Cadillac

by GM

E100

by SsangYong

MODELS Y & 3

by Tesla

POLESTAR 1 & 2

by Polestar

NEW VEHICLE

by Lucid Air

SUV AND PICK-UP

by Rivian

VAN

Amazon Prime

TRADITIONAL OEMs

PURE EVs

(26)

INTEGRATED HYDROGEN SYSTEM HYDROGEN VESSEL

FUEL CELL STACK

A unique production capacity thanks to our joint-venture

with (10,000 units/year)

26 A WORLD LEADER IN FUEL CELL TECHNOLOGY

(27)

H2 market by 2030 ^Europe

20%

North America 5%

Asia

75%

…today by heavy mobility …tomorrow by all kinds of mobility

From hydrogen vehicles in 2025 To more than hydrogen vehicles by 2030

Hydrogen: a promising market, fed…

(28)

H y d r o g e n : O u r s t r o n g c o m m e r c i a l

p i p e l i n e …

28 100 PROJECTS WORLDWIDE

85 CUSTOMERS

Global

FOOTPRINT

HYDROGEN

MOBILITY MARKET SHARE

HYDROGEN VESSELS

MARKET SHARE FUEL CELL STACKS

MARKET SHARE INTEGRATED

HYDROGEN SYSTEMS

REVENUE TARGET

by 2030

ANNUAL INVESTMENT

in the coming years

to develop products and scale up industrial capacities

OPERATING MARGIN

in 2025

by 2030

IN HYDROGEN

(29)

C i r c u l a r e c o n o m y a t t h e h e a r t

o f o u r a p p r o a c h

USE OF PRODUCTS MATERIAL RECYCLING

SUSTAINABLE PRODUCTION

RAW MATERIALS LOGISTICS

SUPPLIERS CUSTOMERS

SUSTAINABLE MOBILITY INNOVATION

& PARTNERSHIPS

(30)

Financing

Carbon Neutrality

Kathleen WANTZ-O’ROURKE

CFO & CIO

(31)

────────────────────────────────────────────────────────────

STRENGTHENING COMPETITIVE ADVANTAGE THROUGH DEMONSTRATED LEADERSHIP

────────────────────────────────────────────────────────────

GREATER FINANCING OPTIONALITIES MADE POSSIBLE BY LOW-CARBON DEVELOPMENTS

────────────────────────────────────────────────────────────

ENABLING TAXONOMY REPORTING Sustainability has been a key focus

for the Company since its inception

Finance function empowered to further embed the sustainability agenda across all aspects of the business

Ambition to develop robust reporting

mechanisms ensuring ongoing assessment

of relevant KPIs (part of FIT Program)

(32)

32 Increasing penetration target on ZEV market leading to a growing CAPEX related to Energy Transition Transition to BEV favoring PO positioning among key OEMs World leader in H2 systems production capacity:

▪ CAPEX > 300 M€ since 2015

▪ 100 M€/yr in the coming years

INVESTMENTS MAINLY FINANCED THROUGH OUR OWN CASH-

GENERATION

Efficiency program to reduce Scope 1 & 2 emissions aligned with PO financial discipline

40 M€ CAPEX until 2025 (included in regular CAPEX envelope)

Renewable electricity production (solar+wind)

▪ On-site production

▪ Virtual off-site PPA

PAYBACK < 3 YEARS 3RD-PARTY FINANCING

VS. LT COMMITMENT

(33)

Next steps

TAXONOMY: 1 ^ST REPORTING WITHIN URD 2021

───────────────────────────────────────────────────────────────────────────────────

D e c e m b e r 8 th,

D e c e m b e r 8 t h , 2 0 2 1

2

1. Committed To Low-Carbon Mobility 2. Acting For Carbon Neutrality

3. Financing Carbon Neutrality y 4. Conclusion

Q&A

Agenda

Committed

To Low-Carbon Mobility

Laurent FAVRE

CEO

4 ELECTRIFICATION

Hydrogen will play a key role in the medium term

ZEV will represent at least 30% of light vehicles in 2030

CONNECTIVITY

& DIGITALIZATION

Value-shift in cars from hardware to software

90% connected vehicles by 2035

CUSTOMER EXPERIENCE

Design to remain key for brand identity and

attractiveness

Increasing demand for applications and functionalities ACTIVE SAFETY

& AUTONOMY

Safety regulations to

accelerate growth of ADAS market

Levels 1 to 3 autonomy will represent 80% of vehicle mix in 2030

S U S T A I N A B I L I T Y

25 COUNTRIES

31,000

EMPLOYEES

135 PLANTS

25 R&D CENTERS

Towards a pathway to EVs (2035-40)

High regulation pressure, Eco-design, electrification,

recycled materials Front-runner

for hydrogen growth

6 R&D centers

28 plants

12 R&D centers

59 plants

7 R&D centers

48 plants

6

A v i s i o n a r y i d e a t o d e c r e a s e

C O 2 e m i s s i o n s

s i n c e i n c e p t i o n …

1946

2021

15% to 20%

of car weight

LIGHTER WEIGHT

LOW SCRAP

DURABILITY

RECYCLABILITY

2001

2013

2020 2019

1950-1980

1986

2006

2017

2019

2021

2021

8

ENERGY STORAGE

& EMISSION REDUCTION LIGHTWEIGHTING,

AERODYNAMICS, DESIGN MODULARIZATION

& CUSTOMIZATION HYDROGEN SYSTEMS

FOR ZERO EMISSION

Worldwide in bumpers #1

& plastic tailgates

Worldwide in front #1

end modules

Worldwide in fuel #1

systems & SCR

Targeted in 2030 #1

with €3.0 bn revenue

Grow faster than the market

Enhance

D e c e m b e r 8 ^{t h} , 2 0 2 1

28 ^plants

59 ^plants

48 ^plants

C O ² e m i s s i o n s

Neutral -30 ^%