PLASTIC OMNIUM (EPA:POM) - Plastic Omnium becomes the official sponsor of Race of Water

Transparency directive : regulatory news

31/05/2018 17:45

Paris, May 31, 2018

   Plastic Omnium becomes the official sponsor of Race for Water stating its
commitment to the energy transition and protection of the oceans from plastic
                                    pollution

Plastic Omnium is partnering with the Race for Water Foundation, becoming the
official sponsor of Race for Water, a ship powered by a combination of
renewable energies-: solar, wind and hydrogen-. This revolutionary vessel left
Lorient in April 2017 for a 5-year world tour to promote the energy transition.
It is committed to preserving the oceans from plastic pollution. It will stop
over at Tokyo Bay during the Olympic Games in August 2020.

Plastic Omnium, through its recently-acquired subsidiary Swiss Hydrogen based
in Fribourg, Switzerland, is the architect of fuel cell propulsion which
converts into electricity the hydrogen stored on board in pressurized hydrogen
tanks. The electricity generated directly powers the electric engine, which
drives the propellers and maintains the battery charge level. Hydrogen is
produced directly on board by electrolysis of previously desalinated and
purified sea water, powered by the surplus solar energy generated when the boat
is docked. The ship is also propelled by two other sources of energy: sunlight,
which is directly converted into electricity by the solar panels, and the wind,
which drives a kite wing. Weighing over 100 metric tons, Race for Water is an
electrically-propelled boat, exclusively powered by these three clean energy
sources.

The vessel demonstrates the viability of innovative and sustainable technical
solutions that can protect the oceans from fossil fuel pollution.

Financial information Tel.: +33 (0)1 40 87 66 78 Fax: +33 (0)1 40 87 96 62
investor.relations@plasticomnium.com
Plastic Omnium is the world leader in automotive exterior components and
modules, automotive fuel systems, and waste container solutions for local
authorities and companies. The Group and its joint ventures have 33,000
employees in 127 plants, 24 R&D centers and 31 countries worldwide, serving 80
automotive brands. Plastic Omnium is listed on Euronext Paris, compartment A.
It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF
120 and CAC Mid 60 indices (ISIN code: FR0000124570).

Through its commitment to Race for Water, Plastic Omnium is also contributing
to the search for solutions to avoid plastic waste (which accounts for 80% of
marine waste) reaching the oceans. This involves recovering plastic waste
through social entrepreneurship and the circular economy. The Race for Water
Foundation has devised a way of transforming raw plastic into energy, thereby
motivating affected populations to collect this waste for recycling in the same
way as they collect other recyclable materials such as aluminum, paper,
cardboard and glass.

Follow the Race for Water boat on its journey by visiting the blog at
odyssey.raceforwater.org

Contributing to scientific knowledge, building awareness and educating, and
implementing sustainable solutions designed through innovative technologies:
these are the three aims that Plastic Omnium is proud to support during the
Race for Water odyssey, which will span five continents and stop at thirty-five
different ports by July 2021.

In addition to this sponsorship, Plastic Omnium also confirms its commitment in
the field of fuel cells and hydrogen propulsion, by:

- creating the Israeli fuel cell company EPO-CellTech in 2016;

- acquiring two companies with a strong technological background in December
  2017: Optimum CPV, a Belgian company specialized in the design and production
  of tanks in filament composite to store pressurized hydrogen, and Swiss
  Hydrogen, a Swiss company specialized in the design and production of
  solutions to manage and control energy in fuel cell systems ("balance of
  plant");

- creating Plastic Omnium New Energies, a subsidiary of Plastic Omnium Auto
  Inergy, which develops the energies of the future, and has 150 dedicated
  engineers.

Plastic Omnium's investments in hydrogen and fuel cells have grown to EUR100
million in two years. They will double by 2020.

The Group already has an electric car fitted with a Swiss Hydrogen fuel cell,
which is powered by a 350 bar-pressurized hydrogen tank. The vehicle, which has
already traveled over 150,000 kilometers, has a range doubled to over 400
kilometers thanks to this system. Plastic Omnium will unveil the new fuel cell
demonstrator electric car in mid-2019.

Deltatech, the new advanced research center dedicated to new energies based
in Brussels, is due to open in June 2019 and will bring together 200 engineers.
In this context, Plastic Omnium aims to become a major player in clean storage
and automobile propulsion systems using fuel cells.

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PLASTIC OMNIUM (EPA:POM) - Plastic Omnium becomes the official sponsor of Race of Water

Transparency directive : regulatory news

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