Universal Registration Document 2021

DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE CIRCULAR ECONOMY

Additional environmental aspects 5.5.4

[103-1 Environmental compliance] [103-2 Environmental compliance] [103-3 Environmental compliance]

ENVIRONMENTAL MANAGEMENT SYSTEMS An Environmental Management System (EMS) is a continual cycle of planning, implementing, evaluating and improving practices, processes and procedures to meet environmental obligations and successfully integrate environmental concerns into normal business practices. An effective EMS helps identify and eliminate the causes of potential environmental problems, establish and achieve environmental goals, reduce potential risk and liability, and operate a more effective environmental program. ISO 14001 is the most widely accepted international standard for an EMS. In today’s global market, participation in the ISO 14001 process is

one way for an organization to demonstrate its commitment to the environment. To receive certification, organizations are required to develop detailed plans and procedures to identify, evaluate, quantify, prioritize and monitor environmental impacts of its activities. During 2021, a total of six industrial sites held an ISO 14001 certification. The Group makes an environmental risk assessment of each site before concluding an ISO 14001 certification is required. A few sites work beyond the Group requirement and achieve the certification even though the risk threshold is not exceeded.

TECHNICOLOR LOCATIONS WITH ISO 14001 CERTIFIED EMS

Site

Segment

Original certification date

Guadalajara

DVD Services

October 2004 February 2004 December 2005 December 2004 November 2004 December 2005

Manaus

Connected Home

Melbourne Piaseczno

DVD Services DVD Services DVD Services DVD Services

Rugby Sydney

ENVIRONMENTAL INVESTMENTS, REMEDIATION, AND POLLUTION PREVENTION [306-3] [307-1]

5

during site closure at an Indiana (USA) CRT factory, soil • contamination was discovered while de-commissioning storage pits and liners. Site assessment work was begun in 2005 and Technicolor entered into a Voluntary Remediation Agreement with the appropriate environmental agency in 2006. Initial soil clean-up actions took place in 2006 and groundwater assessment was completed during 2009. The remediation work plan for this site has been approved and completed and the site clean-up project is now finished; as a result of a minor groundwater contamination discovered at • a former Technicolor site in North Carolina (USA), an exhaustive environmental site assessment and corrective action plan was completed in 2005. The corrective action plan was approved by the appropriate environmental agency in September 2006, and remediation activities at the site were completed in 2007. Monitoring of the declining groundwater contamination is on-going;

In total, approximately €2.62 million was spent on environmental remediation projects in 2021. A certain number of Technicolor’s current and previously owned manufacturing sites have an extended history of industrial use. Soil and groundwater contamination, which occurred at some sites, may occur or be discovered at other sites in the future. Industrial emissions at sites that Technicolor has built or acquired expose the Group to remediation costs. The Group has identified certain sites at which chemical contamination has required or will require remedial measures: soil and groundwater contamination was detected at a former • production facility (TCETVT) in Taoyuan, Taiwan, that was acquired from GE in 1987. In 1992, the facility was sold to a local developer. Soil remediation was completed in 1998. In 2002, the Taoyuan County Environmental Protection Bureau (“EPB”) ordered remediation of the groundwater underneath the former facility. The groundwater remediation process is underway. EPB and TCETVT continue to negotiate over the scope of that work. Technicolor has reached an agreement with General Electric with respect to allocation of the responsibility related to the soil and groundwater remediation (for further information, please refer to section 3.1.4.2);

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021 195