Universal Registration Document 2021

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

LTIP 2018

LTIP 2019

LTIP 2020

ASP 2020

Date of Shareholders’ Meeting

April 29, 2016 June 14, 2019

June 30, 2020

June 30, 2020

Frederic Rose (CEO until November 5, 2020) Richard Moat (CEO since November 5, 2020)

-

-

-

-

-

-

-

543,833

N/A

1,027,398

Number of shares granted to the top ten employee beneficiaries

21,291

40,733

1,591,703

196,788

1,744,416

Vesting date

Apr. 30, 2021

June 14, 2022 Dec. 17, 2023 Apr. 30, 2024

Dec. 17, 2023

Apr. 15, 2023 Apr. 21, 2023

End of the holding period Performance conditions

N/A

N/A

N/A

N/A

Yes

No

Yes

No

Yes

50% if the sum of the annual adjusted EBITA assessed over a two-year period (from 2021 through 2022) is equal or greater to the target cumulative objective 50% if, the average share price of the 20 closing share prices of the 20-day trading period preceeding December 31, 2022, is equal or greater to the target TSR objective

50% if the sum of the annual adjusted EBITA assessed over a two-year period (from 2021 through 2022) is equal or greater to the target cumulative objective 50% if, the average share price of the 20 closing share prices of the 20-day trading period preceeding December 31, 2022, is equal or greater to the target TSR objective

50% if the sum of the annual adjusted EBITDA assessed over a three-year period (from 2018 to 2020) is equal

or greater to €557 million

50% if the sum of the annual Group Free Cash Flow assessed over a three-year period from 2018 to 2020) is equal or greater to €245 million

Number of shares acquired as of December 31, 2021 (after adjustments) (1)

9,800

-

-

-

-

Number of forfeited shares since the beginning of the plan (after adjustments) (1) Number of forfeited shares cancelled during the 2021 exercise (after adjustments) (1) Number of shares susceptible to be acquired on December 31, 2021 (after adjustments) (1)

13,786

26,670

192,174

87,199

-

12,046

11,678

192,174

87,199

-

-

80,931

3,307,215

667,457

1,744,416

2020 reverse share split - adjustment coefficient: 27 (Number of shares before/after adjustment divided by 27 rounded to the inferior unit). (1) Information provided pursuant to Article L. 225-184 of the French Commercial Code. (2)

As of December 31, 2021, the total outstanding shares under the plans amounted to 5,800,019 shares, to the benefit of 253 beneficiaries. If all the shares under the Plans mentioned above were acquired, Technicolor’s share capital would be composed of 241,624,574 ordinary shares, i.e. a 2.46% increase in the number of shares from December 31, 2021. In accordance with Article L. 225-184 of the French Commercial Code, it is noted that 9,800 shares were acquired in 2021 under those plans.

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021 146

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