OPmobility successfully completes a Schuldschein private placement for €300 million

Paris,

December 18, 2024

OPmobility successfully completes a Schuldschein private

placement for €300 million

OPmobility just finalized a Schuldschein private placement for a total amount of 300 million euros.

The proceeds of this placement will be used for general corporate purposes and will contribute to extend the average Group debt maturity.

This private placement, without covenant and with an average maturity of 4.7 years, posts an average financing rate of 4.17%. The transaction was arranged by Bayern LB, BNP Paribas, Helaba and Société Générale.

The amount of the transaction has been increased to 300 million euros against 200 million euros initially planned and demonstrates the interest and confidence of investors in OPmobility’ s financial profile and strategy.

Olivier Dabi, Group Chief Financial Officer and member of the Executive Committee, stated: “In a volatile market context, this Schuldschein private placement demonstrates the confidence of investors and financial partners of the Group in OPmobility’s strategy. This operation enables the Group to enlarge its French and international investor base, to extend the average maturity of its debt and to strengthen the Group financial profile in order to pursue our growth ambition in sustainable mobility.”

About OPmobility

OPmobility (formerly Plastic Omnium) is a world leader in sustainable mobility and a technology partner to mobility players worldwide. Driven by innovation since its creation in 1946, the Group is today composed of five complementary business groups that enable it to offer its customers a wide range of solutions: intelligent exterior systems, complex modules, lighting systems, energy storage systems and battery and hydrogen electrification solutions. OPmobility also offers its customers an activity dedicated to the development of software, OP’nSoft.

With an economic revenue of 11.4 billion euros in 2023 and a global network of 152 plants and 40 R&D centers, OPmobility relies on its 40,300 employees to meet the challenges of sustainable mobility.

OPmobility is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is included in the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570). www.opmobility.com