Universal Registration Document 2021

1 PRESENTATION OF THE GROUP ORGANIZATION AND BUSINESS OVERVIEW

ORGANIZATION With the acquisition of Cisco Connected Devices in November 2015, Connected Home doubled its size, and increased its industrial and technological scale across all major geographies, particularly in North America, the largest market in volume and value. The division is structured around dedicated teams focused on the development of our partnership with Pay-TV operators and Network Service Providers. The division also benefits from a strong transversal services organization including operations, global supply chain management, procurement, sales operations, quality assurance, and hardware performance. This organization also hosts all business re-engineering and transformation programs for Connected Home. Connected Home had 1,239 employees at the end of December 2021, of which 107 employees were direct labor in the Manaus manufacturing facility in Brazil. CONTRACT STRUCTURING AND PROCESS In most cases, a Connected Home customer issues a request for proposal (“RFP”) or a request for quotation (“RFQ”) for a product they wish to procure. All vendors, including Technicolor, quote their best terms, based on their understanding of the product. Typically, a shortlist of considered vendors is created and technical discussions are held with those vendors. A best and final offer is made, and one or two vendors are awarded. Our offers, which include pricing, are made considering the best view we have on forward looking component costs, the R&D effort to develop the product, and fixed costs. The standard contractual process is divided into five main steps: presale partnership to help refine a new product definition; • request for price/request for quote process; • development, which ranges widely from about 6 to 18 months; •

next generation Wi-Fi technologies and higher speeds like 10G. The Smart Home and IoT ecosystems can increase customer retention and generate additional revenue as NSPs go beyond traditional triple/quad-play offerings and develop new services to increase Average Revenue Per User (“ARPU”). The CPE industry continues to evolve towards more powerful, more open, and more complex platforms and devices. This evolution will continue to provide more and more new software services. Sending CPE device information to the cloud for processing through artificial intelligence and deep learning algorithms allows NSPs to get richer insights on the health of access and home networks and create new service offerings for their customers. In 2018 and 2019, our industry faced cost and supply continuity challenges resulting from global shortages of components. Technicolor led the industry in taking actions to mitigate the impact and guarantee supply. The component environment remains challenging: the situation with the prices for memory chips is gradually improving • and the costs for MLCCs have stabilized and started to go down. However, the volatility and uncertainty in certain categories of electronic components remains high; starting from mid-2018, Connected Home is invoicing clients for the • majority of these identifiable component cost increases. The Covid-19 global pandemic has created global distortions in our industry. World logistics were severely disrupted in recent months, and they will remain difficult for some time to come. The semiconductor crisis, which started in the second half of 2020, impacted all the 2021 supply, and is expected to continue throughout 2022. Connected Home will continue to work with its partners to minimize the impacts of the supply disruptions with pass through of upcost, alternative shipping methods and flexible payment terms when needed. The industry also experienced a significant drop in the cable video market in North American in 2018, which was partially offset by stronger demand in broadband. Connected Home is also committed to developing a responsible business as our Ecovadis CSR Platinium Rating demonstrates. This distinction places Technicolor in the top 1%, and best-in-class, of companies evaluated in the manufacture of communications equipment industry. The award recognizes our structured and proactive sustainability approach including our engagements and tangible actions on major issues. Indeed, Technicolor started to implement eco-design guidelines in 2008 and has long taken a positive stance towards environmental and efficiency issues in the development, manufacture, and use of its products. As a continuous improvement practice, Connected Home actively monitors its energy efficiency (carbon emissions generated by product use and carbon emissions resulting from shipping and transportation of products) and is increasing the use of renewable energy within its infrastructure (for instance, our Manaus factory has been certified carbon neutral for many years).

deployment; • maintenance. •

INDUSTRY TRENDS

Global Internet traffic is growing, fueled by increasing service consumption, particularly video through Over-The-Top services, as well as the connectivity of millions of additional devices, often referred to as IoT, and finally by the Wi-Fi evolution creating the need for renovation of the installed base. With the increasing amount of data that will cross global IP networks in the next few years, households will demand greater connectivity speed, which will drive transition to new standards and technologies (advanced video codecs, DOCSIS 3.1, 10G Fiber, G.fast, and 5G). Technicolor is anticipating the next wave of the expending market for DOCISIS 3.1 and Fiber as operators make the transition to

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021