Universal Registration Document 2021

MESSAGE TO THE SHAREHOLDERS

MESSAGE T O T H E S H A R E H O L D E R S [102-14]

Dear Shareholders,

2021 was a year of significant achievement in financial and operational terms. Despite the unpredictable business environment, we have yet again proved our ability to react quickly and efficiently, producing strong financial and operating results, and positioning Technicolor on a growth trajectory for the years to come. The efforts of our dedicated and talented teams have enabled us to continue delivering the best products and services to our clients, allowing us to achieve our 2021 guidance. Today, we have solid foundations for long term growth, and believe that now is the right moment to begin a new chapter as we position all of our business divisions for future success. A SUCCESSFUL TRANSFORMATION IMPROVING EFFICIENCIES AND RESULTS Over the past two years we have been successfully executing a transformational strategy to improve the Group’s operational and financial performance. As a result, Technicolor has a portfolio of three leading and profitable businesses, operated by a renewed and experienced management team: • Technicolor Creative Studios (TCS) provides visual effects services using the highest quality artistry and cutting edge technology within the entire industry. Under Christian Roberton’s leadership, we have reorganized and integrated our studios under dedicated service lines to serve our clients more efficiently: MPC for Film & Episodic, The Mill for Advertising, Mikros for Animation and Technicolor for Games.

• Connected Home, under Luis Martinez -Amago’s leadership, has implemented several initiatives aiming at improving efficiencies and reducing costs. As a result of these initiatives, we are well -positioned to address strong customer demand despite also navigating an environment impacted by supply chain constraints and the semiconductor crisis. • DVD Services, led by David Holliday, has repositioned the disc business to focus strongly on profitability, and is in parallel expanding into new future-growth businesses by leveraging existing assets, know-how and customer relationships. A NEW CHAPTER FOR TECHNICOLOR Today, we are writing a new page of Technicolor’s history, aiming at creating value for all Technicolor stakeholders. • We intend to spin-off (65%) of TCS. This should help reduce the conglomerate discount affecting TCH shares, and reduce the complexity of the Group, allowing both new entities to focus on their growth story without competing for resources. • We have the opportunity, thanks to the support of our key shareholders, and the issuance of fully backstopped Mandatory Convertible Notes (MCN), to significantly decrease the financial debt, andcomplete a full refinancing of both entities, leading to a significant reduction of the current interest burden.

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021