Universal Registration Document 2021

4 CORPORATE GOVERNANCE AND COMPENSATION CORPORATE GOVERNANCE

The Audit Committee AMF’s report on Audit committees The Company refers to the AMF’s report on Audit committees issued on July 22, 2010 to prepare this report.

100% AVERAGE PARTICIPATION RATE

100% INDEPENDENCE RATE

7 MEETINGS IN 2021

5 MEMBERS

Composition

Ms. Melinda J. Mount (Chairperson, Independent) • Mr. Xavier Cauchois (Independent) • Ms. Katherine Hays (Independent) • Ms. Christine Laurens (Independent) • Mr. Marc Vogeleisen (Non-independent) •

Meets the requirements of Article L. 823-19 of the French Commercial Code. Three members have specific skills in finance or accounting. All the Committee members are independent under AFEP-MEDEF Corporate Governance Code, except the Director representing employees who is not included for the calculation of the independence rate.

Individual attendance rates to Audit Committee meetings held in 2021

Current members: Ms. Melinda J. Mount: 100% • Mr. Xavier Cauchois: 100% • Ms. Katherine Hays (newly appointed) • Ms. Christine Laurens: 100% • Mr. Marc Vogeleisen: 100% •

Previous members who left in 2021 or 2022 Mr. Brian Sullivan: 100% •

Mission

Organization of the Audit Committee’s activities

Defined by the applicable law, its charter, and the Internal Board Regulations: assists the Board of Directors in fulfilling its responsibilities regarding • financial information and its publication, internal control procedures and risk management, internal audit, and internal procedures to check compliance with applicable laws and regulations; in particular, examines the draft parent company financial • statements and consolidated financial statements prior to their presentation to the Board of Directors; examines material off-balance sheet commitments; • checks the procedures adopted to ensure the accounts provide • a true and fair view of the Company’s financial position and are in compliance with applicable accounting standards; expresses its opinion and makes proposals to the Board of Directors • regarding the nomination, missions, activities, compensation and dismissal of the Statutory Auditors; gives its authorization, or adopts procedures for authorization of • non-audit services by the Statutory Auditors; assesses the effectiveness of internal control and risk management • systems; reviews the work of the Ethics & Compliance Committee, such as • whistleblowing procedure investigations (see Chapter 3, section 3.2.2: “General control environment” above).

At least four meetings per year, and whenever necessary before a Board of Directors’ meeting, according to a predetermined annual workplan. The Committee can: directly discuss with the Statutory Auditors in the absence of officers • or individuals contributing to the preparation of the financial statements; upon request, directly discuss matters with the internal auditors in • the absence of Executive Management; call upon the services of internal or external experts, in particular • lawyers, accountants or other advisors or independent experts. The Statutory Auditors participate in each Audit Committee meeting. Review process for annual and interim financial statements: initial meeting to review the initial closing items; • second meeting to review the financial statements (for practical • reasons due to the attendance of Directors on the Audit Committee who live abroad, such second meeting may at times take place on the day before the meeting of the Board of Directors).

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021