INTEGRATED REPORT 2022

The global leader in energy systems*, Plastic Omnium is determined to play a major role in electrification, particularly for heavy mobility. Its goal is to build a complete range of storage and energy management systems. BECOMING A BENCHMARK FOR BATTERY SYSTEMS HEV & BEV BATTERY PACK 48 BATTERY PACK HV BATTERY PACK DC/DC BMS E-MOTOR & INVERTER SYSTEM DESIGN & INTEGRATION Comprehensive energy range In 2022, Plastic Omnium acquired French company Actia Power (part of Actia Group), a designer of electronic components and systems for storing and managing electrical energy. With its new e-Power entity, the Group offers actors from the mobility sector, focusing initially on heavy mobility, a comprehensive energy range built around battery packs and power electronics. One of the new entity’s areas of expertise is the conversion of vehicles fitted with internal combustion engines to an electric powertrain. To develop its future battery systems, e-Power will also work closely with a new R&D center, Green Mobility Lab at α-Alphatech, in Compiègne (France), specializing in assembling prototypes, electrical testing and validating products and electronics. Battery systems specialist Plastic Omnium provides the entire system and all the smart functions associated with cells, i.e. electronic, thermal, and mechanical management, ensuring that it can deliver its automaker customers a complete solution at the lowest cost. In 2022, the Group invested €20 million in French company Verkor in order to secure its supply of low-carbon cells in France and industrialize its production of modules and battery packs for private cars and commercial vehicles. A pilot assembly line will be set up at Verkor’s future innovation center in Grenoble, France. Verkor also owns a gigafactory in Dunkirk, France. From sodium to lithium Plastic Omnium can manufacture battery systems no matter the electrochemical package. Working with a French startup called Tiamat, which manufactures sodiumion batteries using an active ingredient widely available worldwide, Plastic Omnium is opting for a disruptive new electrochemical makeup (without nickel, cobalt or lithium) to develop its future power battery packs, suitable for high voltage 48v hybrid vehicles and hight voltage hybrid vehicles and hydrogen powered vehicles. TARGET €1BN of revenue in 2030 SIZE OF GLOBAL MARKET €20-25BN in 2030 “PLASTIC OMNIUM’S AIM IS TO OFFER A LINE-UP OF POWER BATTERIES FOR MILD HYBRID VEHICLES AND, TOMORROW, FOR HYDROGEN VEHICLES. THE GROUP WILL SUPPLY THE ENTIRE BATTERY SYSTEM.” *Source: internal study based on S&P Global Mobility data

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