Universal Registration Document 2021

4 CORPORATE GOVERNANCE AND COMPENSATION CORPORATE GOVERNANCE

CORPORATE GOVERNANCE 4.1 [102-18] [102-22]

Technicolor’s Board of Directors is highly committed in following the best standards and recommendations in corporate governance. The governance structure, rules and processes are regularly reviewed as to ensure that they contribute to the quality of the decision-making and are appropriate to meet Technicolor’s main challenges while balancing the interests of its stakeholders. Very few changes were made in 2021 in the composition of the Board and its committees since this composition was thoroughly renewed in 2019. On December 31, 2021, the Board of Directors was composed of 10 Directors including 2 Directors representing employees, and 2 Observers. The transactions announced on February 24, 2022, and in particular the proposed spin-off of Technicolor Creative Studios, point to further developments during the year.

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2021