Universal Registration Document 2021

4 CORPORATE GOVERNANCE AND COMPENSATION CORPORATE GOVERNANCE

MAIN BOARD DECISIONS FOR 2021 (IN ADDITION TO RECURRING ISSUES DESCRIBED ABOVE) BOARDMEETING HELDON JANUARY 21, 2021 allocated 2020 Directors fees • reviewed the main terms of the Long-Term Incentive Plan 2020 (LTIP 2020) for Executive Committee members •

ATTENDANCE OF 100%

BOARDMEETING HELDON FEBRUARY 5, 2021

ATTENDANCE OF 100%

examined the preliminary 2021 budget and 2021-2023 business plan • reviewed and discussed the projects presented in the Strategy Committee’s report •

BOARDMEETING HELDONMARCH 11, 2021

ATTENDANCE OF 100%

approved the 2020 consolidated and statutory financial statements and relevant reports • approved the 2021 budget and 2021-2023 business plan •

reviewed the related-party agreements in accordance with the Internal Charter adopted in 2020 • reviewed and deliberated on the following issues addressed by the Remunerations Committee: • group variable compensation plan: 2020 results & 2021 targets • LTIP 2018: performance achievements • executive session to assess the performance of the Chief Executive Officer for the year 2020 and set the performance objectives for his • variable compensation for 2021 say on Pay: • 2021 CEO, Chairperson of the Board and Directors’ compensation policy (say on pay ex ante ) • report on the 2020 CEO, Chairperson of the Board & Directors’ compensation (say on pay ex post ) pay equity ratio • annual review of Company’s policy regarding equal employment and wages • reviewed and deliberated on the following issues addressed by the Nominations & Governance Committee: • annual review of Directors’ independence • board & committees’ composition • board & committees’ self-assessment for 2020 • was updated and discussed various figures and initiatives in the Corporate Social Responsibility area such as climate change and gender • promotion and diversity reviewed and discussed the projects presented in the Strategy Committee’s report • convened the Shareholders’ Annual General Meeting on May 12, 2021 •

BOARDMEETING HELDONMARCH 24, 2021

ATTENDANCE OF 100%

granted performance shares to the Executive Committee Members under LTIP 2020 •

BOARDMEETING HELDON APRIL 15, 2021

ATTENDANCE OF 100%

approved the Group variable compensation plan 2021 targets • held an executive session to review and set the 2021 extrafinancial objectives of the CEO variable compensation • confirmed the figures for the financial targets tied to annual variable compensation and 2020 LTIP as resulting from the budget approved by • the Board in March and the correlative financial forecast provided to the market granted additional performance shares to the Chief Executive Officer and other eligible senior executives under the Investment & Incentive Plan • authorized in 2020 and postponed to 2021 (ASP 2021)

BOARDMEETING HELDON APRIL 23, 2021 ATTENDANCE OF 89% granted additional performance shares to eligible senior executives under the Investment & Incentive Plan authorized in 2020 and postponed • to 2021 (ASP 2021)

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021