Universal Registration Document 2021
DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE HUMAN CAPITAL
Area of action
Type of action
Description of the extension
Country
Life
Benefits modification Change from Group Term Life policy to Individual policies (following decrease in headcounts and no longer eligible to Group policy).
Japan
US
Health, Retirement & Social
Wellbeing
Enhancement of the Wellbeing & Lifestyle Rewards program: a series of 20 activities targeted towards medical & dental prevention, telemedicine, financial webinars & consultations. Expanded activities towards social, mind and community involvement to engage employees and their families. Medical premium discount incentive applies to employees who complete 4 of the Lifestyle activities. Provide a new and enhanced company paid short-term disability and long-term disability coverage to a certain group of employees (Home Entertainment Services Hourly) at no cost to employees Access to Centers of Excellence available to Cigna members: healthcare facilities that are highly rated in delivering safe, effective treatment for complex medical procedures, such as heart conditions, knee or hip replacement, back surgery or cancer conditions. Implementation of MyADP self-service beneficiary designation to add/or update beneficiary(ies) for life insurance. A required feature in order to confirm benefit elections enrollment. Implementation of MyADP decision tool to compare medical plans side-by-side, estimate yearly medical needs and better assist our employees in making informed decisions in regard to their medical plan options. Coordinate benefits information webinars to employees who transitioned to Streamland Media. Coordinate one-on-one consultations with Fidelity to discuss financial situations and transition impact of their retirement plans. Development and implementation of targeted benefits guides (9 versions), live webinars (6 sessions), various email campaigns & countdown, and videos during the Open Enrollment period to inform employees, from all business units, about the benefits harmonization and enhancements effective January 1, 2022. Implementation of the COBRA Subsidy Period under ARPA (The American Rescue Plan Act of 2021) that includes 100% company paid healthcare coverage to individuals who have been involuntary terminated from employment or experienced a reduction in hours. COBRA Subsidy Period on or after April 1, 2021 through September 30, 2021. Launch Bilingual Group Benefits Guides (4 versions) and targeted flyers to educate employees on all benefit programs with easy and interactive navigation, valuable “at a glance” information available at www.TechnicolorPlus.com. Coordinate benefits webinars to employees who transitioned to Streamland Media. Create FAQs for the Group benefits and retirement plans.
Income Replacement
Disability
US
Health
Medical
US
Life
Benefits Enhancement & Digitalization Digitalization
US
Medical
US
All Benefit Plans
Communications Sale of Technicolor Post-Production Business Benefits Enhancement & Communications
US
All Benefit Plans
US
Health
Medical, Dental & Vision
US
5
All Benefit Plans
Communications & Digitalization
Canada
All Benefit Plans
Communications Sale of Technicolor Post-Production Business Communications Closure of DVD Services Canada site
Canada
Coordinate benefits webinars with carriers (EAP and SunLife) to impacted employees.
Canada
All Benefit Plans
The severity of impact and consequences of the pandemic in India were or particular concern and several more specific initiatives were implemented to support our employees and their family: Corona Kavach for employees tested Covid + ve; • arranged hospital beds with oxygen provision at the Bangalore location; • vaccination drive; •
breakfast and lunch organized for return to work employees; • monthly allowance for working from home; • days of Covid leaves for recovery over and above the sick leaves; • support to bereaved Families of employees; • transport facility arranged. •
TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021 163
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