Plastic Omnium Q1 Report 2023

First quarter 2023 revenue

Very strong revenue growth of +34.5%a) year-on-year

Historic order intake in North America of c. €10 billion for combustion, electric and hydrogen vehicles

• Strong growth in economic revenuea) amounting to €2,822 million, +34.5% year-on-year (+17.5% LFLc)), driven by both Industries and Modules businesses
• Historic order intake by the Group in North America for combustion, electric and hydrogen vehicles:

• Record order for energy storage solutions that will rely on both existing industrial capacity and new investment with the construction of a new plant purpose-built for sustainable mobility
• This major order confirms Plastic Omnium’s unique technological leadership in storage and emission reduction systems, particularly in new electric technologies
• Launch of a new Plastic Omnium Modules plant to satisfy a record order for electric vehicle front-end and cockpit modules
• 7-year program renewal for exterior parts to be manufactured by Plastic Omnium in the United States for a European OEM

• Action plan to improve the operating efficiency of the Lighting business fully consistent with the operating and financial objectives presented at acquisition
• Creation of a joint venture with Shenergy Group to accelerate the development of hydrogen in China in high pressure storage for heavy mobility solutions