Universal Registration Document 2021

5 DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE GREEN TAXONOMY

PROPORTION OF OPEX FROM PRODUCTS OR SERVICES ASSOCIATEDWITH TAXONOMY-ALIGNED ECONOMIC ACTIVITIES – DISCLOSURE COVERING YEAR 2021

Substantial contribution criteria

DNSH criteria (“Does Not Significantly Harm”)

Water and Marine resources (Y/N)

Mini- mum safe- guards (Y/N)

Category (transi- tional activity) (T)

Climate change mitigation (%)

Climate change adaptation (%)

Climate change mitigation (Y/N)

Climate change adaptation (Y/N)

Biodiversity and eco- systems (Y/N)

Category (enabling activity) (E)

Absolute OpEx (M€)

Proportion of OpEx (%)

Circular economy (Y/N)

Pollution (Y/N)

Economic activities Code(s) A. Taxonomy-Eligible activities Technicolor Creative Studios - Film Episodic Animation J59 Connected Home R&D J62

16

52%

-

Y

Y

Y

Y

Y

Y

Y

E

2

5%

-

Y

Y

Y

Y

Y

Y

Y

TOTAL ELIGIBLE OPEX

18

57%

-

B. Taxonomy-Non-Eligible Activities OpEx of Taxonomy-non-eligible activities

13

43%

TOTAL (A+B)

31

The review of the Group’s activities in the frame of the Regulation and the Delegated Regulations leads to consideration that the following activities are eligible: Technicolor Creative Studios activities as Revenues, Capex and Opex • for feature and animation films and episodic under the section 13.3 of annex II of the delegated act C 2021/2800 (Motion picture, video and television program production, sound recording and music publishing activities) which lists explicitly the J59 NACE code of these activities (J59.11 Motion picture, video and television program production activities and J59.12 Motion picture, video and television program post-production activities). These classifications include the production of motion pictures, videos, television programs (television series, documentaries, etc .), or television advertisements, and the post-production activities such as editing, film/tape transfers, titling, subtitling, credits, closed captioning, computer-produced graphics, animation and special effects, developing and processing motion picture film, as well as activities of motion picture film laboratories and activities of special laboratories for animated films. It is an enabling activity; Connected Home R&D activities as Capex and Opex under the • section 8.2 of the annex II of the delegated act C 2021/2800 (Computer programming, consultancy and related activities) which lists explicitly the J62 NACE code (Computer programming, consultancy and related activities) where Connected Home R&D activities fall. The J62 classification includes the writing, modifying, testing and supporting of software, as well as the planning and designing of computer systems which integrate computer hardware, software and communication technologies. Services may include related training of users.

It has been considered that: the Technicolor Creative Studios activities for advertising were not • eligible despite television advertisement production is listed among J59 NACE code referred by 13.3 section of annex II, because advertising activities as such are not eligible (NACE code 71); the Technicolor Creative Studios activities for games are not eligible • as games are not eligible according to the C 2021/2800 delegated regulation and as post-production for games are not listed in the listed NACE codes of this delegated regulation; despite being positioned between upstream and downstream eligible • activities (production and distribution of movies and episodic on DVD and other physical supports), DVD Services activities appear to be not eligible as their NACE code C18.2 (Reproduction of recorded media) is not listed in the C 2021/2800 delegated regulation and as this activity is explicitly excluded from the eligible J59 NACE code where it is referred to the C18.2 NACE code. Conversely, the C18.2 NACE code stipulates that production and distribution of movies and episodic on DVD and physical support are excluded from this code and must be referred under NACE code J59. This discriminative classification set by the delegated regulation creates a significant inconsistency along the value chain. According to the evolution of the classification set by these delegated regulations, the eligibility of activities may be later revisited. The OpEx include repairs and maintenance costs related to assets used by Technicolor Creative Studios in the course of their activities.

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021 200