Compagnie Plastic Omnium SE

M&A Activity • Jun 27, 2022

Levallois, June 27th 2022 – 7:00 CET

PLASTIC OMNIUM TO ACQUIRE ACTIA POWER BUSINESS FROM ACTIA GROUP

AN IMPORTANT MILESTONE IN PLASTIC OMNIUM'S GROWTH STRATEGY IN THE FAST-GROWING FIELD OF ELECTRIFICATION

Plastic Omnium has agreed with ACTIA Group to acquire 100% of ACTIA Power Division for an enterprise value of €52.5m, with a closing scheduled in the third quarter 2022. The agreement follows Plastic Omnium's announcement on March 29th that it had entered into exclusive negotiations with ACTIA. The acquisition of ACTIA Power will be fully self-financed.

Through the acquisition of ACTIA Power, Plastic Omnium will benefit from a new technological platform and cutting-edge R&D capabilities in electronic component design, electric power storage and management systems, as well as access to a strong customer portfolio in heavy mobility.

ACTIA Power is specialized in the design and manufacture of on-board batteries, power electronics and electrification systems for electric vehicles in heavy mobility: trucks, buses, coaches, trains and construction equipment. Headquartered in Toulouse, ACTIA Power currently employs 200 employees based in France, Germany, the United Kingdom and the United States, and generated a revenue of €22 million in 2021.

At the closing of the agreement, ACTIA Power employees will join Plastic Omnium's Clean Energy Systems (CES) Division, dedicated to storage and energy management systems and solutions.

About Plastic Omnium

A world leader, Plastic Omnium provides innovative solutions for a more connected and sustainable mobility. The Group develops and produces intelligent exterior systems, clean energy systems and customized complex modules. With €8 billion economic revenue in 2021, an international footprint of 137 plants and 31 R&D centers, Plastic Omnium relies on its 30,000 employees to meet the challenges of clean and smart mobility. Innovation-driven since its creation, Plastic Omnium is now paving the way for zero carbon mobility through its investments in hydrogen solutions, where the Group has ambitions to become world leader throughout the entire value chain.

Plastic Omnium is listed on Euronext Paris, compartment A, is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570). www.plasticomnium.com

Contacts: Press: Myriam MALAK myriam.malak@plasticomnium.com

Investor Relations: Audrey ARNOUX investor.relations@plasticomnium.com