Universal Registration Document 2021

FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 1 - General information

General information

NOTE 1

Technicolor is a leader in Media & Entertainment Services, developing, creating and delivering immersive augmented digital life experiences. Please refer to note 3.1 for details on Group’s operating segments. In these consolidated financial statements, the terms “Technicolor group”, “the Group” and “Technicolor” mean Technicolor SA together with its consolidated subsidiaries. Technicolor SA or the “Company” refers to the Technicolor group parent company. Main events of the year 1.1 [102-10] [102-15]

At DVD Services: While theatrical new release activity remains partially suppressed, it • continues to show an accelerating trend of improvement. Most major retailers continue to operate normally. Some production facilities continue to experience temporary staffing shortages, but the overall impact to operations remains manageable. The ongoing Covid-19 impact will be dependent on the extent and • duration of ongoing restrictions driven by the rate of new Covid case growth. DVD Services has accelerated certain aspects of its future restructuring plans in an effort to adapt to ongoing challenges and has proven its resilience. REORGANIZATION After the sale of Post-Production Services in April 2021 to Streamland (more details are available in the note 2), Technicolor Creative Studios (previously known as Production Services) was launched and resulted in the formation of a collaborative integrated global structure, designed to facilitate greater collaboration among studios, integrate technology platforms and drive future innovations for our partners and clients. Technicolor Creative Services is now organized under four primary service lines: MPC (prior Film & Episodic VFX): our award-winning visual 1. effects studios, now under the unitary MPC brand, unite artistry and creativity with technology and innovation. We bring decades of experience in delivering everything from breathtaking environments, down to the precise details of a full CG character; The Mill (prior Advertising service line): with the latest visual 2. effects, CGI and immersive technologies, we produce ground breaking advertising, content and interactive marketing solutions for the world’s biggest brands; Mikros Animation: from episodic hits to major animated features, 3. we work with leading animation studios. Our industry-leading facilities have become home to some of the world’s most recognized and respected animators; Technicolor Games : Technicolor Games focuses on the creative 4. needs for the gaming industry. We’ve collaborated with many of the top game developers in the world. TECHNICOLOR CREATIVES STUDIOS 1.1.2

COVID-19 PANDEMIC 1.1.1 In 2021, Covid-19 affected immigration and travel, while creating some logistic issues and shortage in certain components. The Group constantly works on action plans to offset potential negative impacts and serve the growing demand for its operations. At Technicolor Creative Studios: Complying with evolving local and national government regulations • and in consultation with local business leadership, Technicolor Creative Studios continues to adjust capacity limits, on-premise protocols, and remote work policies. In addition to immigration policy changes in Canada and in the UK, • the pandemic continues to affect both immigration and travel, negatively impacting the industry’s ability to attract talent to locations where the demand for talent exceeds local supply. To support its significant backlog, Technicolor Creative Studios continues to invest in its Academies across multiple locations and implements various measures aiming at reducing attrition rate and retain talents. At Connected Home: Connected Home remained operational due to the early adoption of • a remote work model that successfully moved all non-engineering employees off site to ensure key engineering facilities remain safe and open. In 2021 and 2022, Connected Home was impacted by both the • direct effect of Covid (factories & R&D sites reduced productivity from time to time) and by the secondary effects: massive supply markets disruptions, with all categories impacted, but the Integrated Circuits & Logistics are by far the longest lasting effects and strongest impact. Supply & logistics disruptions are expected to last in 2022.

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