Universal Registration Document 2021

3 RISKS, LITIGATION, AND CONTROLS INSURANCE

INSURANCE 3.3 ORGANIZATION AND POLICY

CORE INSURANCE PROGRAMS The Group insurance policies are issued on an “all risks” basis, with standard market exclusions. The deductible levels are determined and applied according to the assets and operational risks of the business units. The main insurance policies contracted by Technicolor are: property insurance: this program provides cover for risks of fire, • water damage, natural events, terrorism (depending on the legal restrictions in each relevant country or state) and business interruption resulting from these events. This cover is generally set on the basis of property value; Where this is impossible, cover is set at a level corresponding to the worst-case scenario subject to market constraints. Generally, when damage to insured assets could lead to a business interruption, insurance is taken out to cover the financial consequences, such as operating losses and/or additional costs. The amount of cover reflects the expected downtime at the damaged site based on the worst-case scenario and on the recovery plans in place. The Group carries exposures in high-risk natural hazard areas and has purchased adequate specific insurance coverage in this regard. In addition, Technicolor has also covered the risk of damage to goods in transit; liability insurance: this program provides cover for general and • professional liability in the course of business operations as well as product liability for the entire Group. Technicolor has an insurance coverage for the risks associated with the liability of its Directors and officers and also a liability coverage related to any environmental damage caused by pollution; workplace accident: insurance policies are purchased whenever • required by law or when activities or circumstances render them necessary ( e.g. , Employer’s Liability in the United Kingdom, Workers’ Compensation insurance in the United States). To prevent certain information being used to the detriment of the Group and its shareholders, especially in legal disputes, the amount of premiums and terms of cover are kept strictly confidential, especially in the case of liability insurance.

The “Corporate Insurance” Department arranges global insurance programs covering the major risks related to Technicolor’s activities that are underwritten with well-known insurers via global brokers. These programs, established at Group level, are implemented through a “Master” insurance policy that strengthens the coverage offered by local policies and provides “difference in conditions” and “difference in limits” over these policies. The total amount of premiums represents less than 0.5% of the Group’s total sales by the end of 2021. In addition, in partnership with its insurers, Technicolor has developed a loss prevention program to reduce its exposure to its assets and operating losses that may occur in case such risks should materialize. Thanks to this program, several key sites have obtained the “Highly Protected Risk” status (which is the best grade in the assessment implemented by the Group’s insurer) and the Group’s loss prevention level has globally improved. The Corporate Legal Department has established internal procedures and rules to manage contractual risk. It ensures, in conjunction with the Corporate Insurance team, that these rules are applied throughout the world. The Group intends to continue its policy of comprehensive coverage for all its exposure to major risks, expand its coverage when necessary, and reduce costs through self-insurance when it is deemed appropriate. To date, the Group does not have an insurance captive or reinsurance company.

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021