Universal Registration Document 2021

2 OPERATING AND FINANCIAL REVIEW AND PROSPECTS RESULTS OF OPERATIONS FOR 2020 AND 2021

REVENUE BREAKDOWN BY REGION AND PRODUCT

Full Year

Change at constant rate

2021 1,544

2020 Actual Change

(in million euros)

Revenues

1,764

(12.4)%

(10.0)%

o/w by region o/w Americas

994 855 139 550 324 226

1,186 980 206

(16.2)% (12.8)% (32.5)% (4.8)% (3.6)% (6.6)%

(14.1)% (11.0)% (28.6)% (1.9)% (0.3)% (3.9)%

North America Latin America

o/w Eurasia

578 336 242

Europe, Middle East & Africa

Asia-Pacific

o/w by product Video

549 996

693

(20.8)%

(18.8)% (4.5)%

Broadband

1,071

(7.0)%

Despite supply chain difficulties the division managed to move a significant volume of Broadband products to cable operators in North America and video products in Asia. During the second half of the year we moved to a local production in India to satisfy customer and government requests. Several wins in LATAM are putting us on a growth path for this region in 2022.

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021

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