Universal Registration Document 2021

DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE SAFETY OF CUSTOMERS AND PROTECTION OF CONTENT

The CapEx and OpEx of Technicolor Creative Studios are allocated in a prorated basis, proportionally to the turnover of the eligible and non-eligible activities of Technicolor Creative Studios. Capex and Opex are transversal and common to the full set of services delivered by Technicolor Creative Studios for film, episodic, animation, advertising and games.

The CapEx and Opex of Connected Home represent respectively: the development costs capitalized (activated or in progress) following IAS 38 requirements, and repairs and maintenance costs in relation with R&D activities.

SAFETY OF CUSTOMERS AND PROTECTION 5.7 OF CONTENT Product compliance and ban of hazardous materials 5.7.1 [102-12] [102-13] [103-1 Procurement Practices] [103-2 Procurement Practices] [103-3 Procurement Practices] [103-1 Materials] [103-2 Materials] [103-3 Materials] [103-1 Environmental Compliance] [103-2 Environmental Compliance] [103-3 Environmental Compliance] [103-1 Supplier Environmental Assessment] [103-2 Supplier Environmental Assessment]

[103-3 Supplier Environmental Assessment] [103-1 Public policy] [103-2 Public policy] [103-3 Public policy] [103-1 Customer health and safety] [103-2 Customer health and safety] [103-3 Customer health and safety] [308-1] [308-2] [416-1] [417-1]

For example, compliance methods and actions are in place with regard to the RoHS (Restriction on Hazardous Substances), and WEEE (Waste Electrical and Electronic Equipment) European directives, and the REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) European regulation, or similar legislation in regions other than EU Member States, dealing with the Restriction on the use of Hazardous Substances within products and systems, and preparing for better end-of-life handling of Electrical and Electronic Equipment Waste. In 4Q 2020, in the context of the Waste Framework Directive, the European Chemicals Agency (ECHA) established the Substance of Concern in Products (SCIP) database, and companies that supply articles containing Substances of Very High Concern (SVHCs) had to submit notification on these articles to the new EU SCIP database starting 1Q 2021. Technicolor Connected Home division studied and developed a new program and processes to successfully support supply chain data communications required for compliance with the new EU REACH SCIP database (including but not limited to suppliers’ awareness and training, instructions and data collection templates). Since 1Q 2021, all active products shipping to Technicolor customers in the EU were fully compliant with this Directive. In 2010, the United States was one of the first countries to take the initiative to bring about legislation to combat the conflict minerals trade. Since 2014, companies in scope of U.S. Law were first required to check and report on the use of conflict minerals in their products. From 2021, the new Conflict Minerals Regulations (EU) 2017/821 creates supply chain due diligence obligations, which will begin to take effect for EU-based importers of 3T (Tin, Tantalum, Tungsten) ores and concentrates, as well as gold above defined thresholds.

Manufacturers of electronic products face growing sustainability requirements and increasing regulations concerning eco-design and energy efficiency. The variety and proliferation of environmental regulations as well as norms, standards, frameworks, and customer standards influenced both by stakeholders and in-process regulations, has reinforced the need for better environmental management. Resource efficiency requirements are now set to become a reality for many products manufacturers supplying the EU market. The Group has put into place the necessary processes and initiatives to comply with law restricting the use of hazardous substances, such as, but not limited to, the European Restriction of Hazardous Substances (RoHS) directive and the Restriction, Evaluation and Authorization of Chemical substances (REACH) regulation. KEY PRODUCT ENVIRONMENTAL AND SAFETY REQUIREMENTS COMPLIANCE Technicolor operates in a worldwide market and thus has to deal with a wide variety of national and regional initiatives governing the environmental performance and risk management associated with its products. In particular, energy consumption, which is the main significant environmental impact for our products remains a key priority across the industry and regions. We have continued our on-going and long-lasting programs of engagement on measures that improve the energy efficiency of our products (see section 5.4.2: “Energy Efficiency”). Also, Technicolor faces increasing complexity in its product design and supply chain to adjust to new or future requirements relating to the chemical and materials composition of its products and their safe use.

5

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021 201

Made with FlippingBook Online newsletter creator