Dear Shareholders,

2021 has been a year of unprecedented transformation for the automotive industry.

In the context of the unprecedented challenges that our industry is facing, we achieved our objectives for the year. This performance reflects the highly effective measures that we took to increase flexibility and reduce costs, the active mobilisation of our teams, and significant commercial outperformance, particularly in Asia and in electrification.

We have also continued to invest in hydrogen, enabling us to establish the Group’s position across all mobility sectors.

2021 also marked a crucial milestone in the Group’s journey with the rollout of an ambitious carbon neutrality roadmap that we are now deploying site by site.

Whilst the short-term situation continues to present its challenges, our long-term ambitions remain steadfast, and we are well-positioned to continue to gain market share and seize new opportunities in growth areas.

Thank you for your loyalty,

Laurent Favre

Chief Executive Officer of Compagnie Plastic Omnium SE