“Plastic Omnium is confident in its ability to cope with this major crisis and cognizant of its responsibilities towards its stakeholders.”

Laurent Burelle
Chairman

Laurent Favre
CEO

Dear Shareholders,

The coronavirus – COVID-19 is spreading around the world, putting us in a serious and unprecedented situation that changes every single day.

This crisis is having a strong impact on the automotive sector which is dropping sharply and disrupting our activity. In strict compliance with the measures taken by the authorities in each country where the Group has facilities and based on the shutdowns of carmakers’ production chains, Plastic Omnium is forced to close its own production centers.

Our overriding and non-negotiable priority remains for sure the health & safety of our teams. On the sites that remain operational, strict hygiene and organizational measures have been implemented. Home office is in place for all jobs where this is possible.

Rest assured of the full commitment of Plastic Omnium teams to implement all measures to protect our 32,000 employees, to ensure the continuity of its operations by liaising closely with customers, and to maintain the robustness of its financial structure.

Plastic Omnium is confident in its ability to cope with this major crisis and cognizant of its responsibilities towards its stakeholders.

The Group is already working on the health measures required to ensure the protection of its employees in order to be able to resume operations of its plants as soon as possible, while guaranteeing the highest level of safety for all.

In this context, The Shareholders’ Meeting of April 23, 2020 will take place – as the law allows – without the shareholders of Compagnie Plastic Omnium SE being physically present. You will find in this first digital Shareholders’ letter all information dedicated to the organization of the meeting, the different voting methods and access to documentation.

Take care of yourself and your loved ones.

Thank you for your loyalty.

 

Laurent Burelle
Chairman
Laurent Favre
CEO

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Terms of the Shareholders’ meeting of
April 23, 2020