technicolor - 2018 Registration document

FINANCIAL STATEMENTS

NOTE 7 EQUITY & EARNINGS PER SHARE

Equity & Earnings per share

NOTE 7

GRI [102-10] [201-1]

instruments issued by the Group are recorded for the proceeds received, net of direct issue costs. EQUITY TRANSACTION COSTS Incremental and external costs directly attributable to the equity transactions are accounted for as a deduction from equity.

CLASSIFICATION AS DEBT OR EQUITY Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangement. EQUITY INSTRUMENTS An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its liabilities. Equity

Change in share capital

7.1

Number of shares

Per value

Share capital 413,245,967

(in euros, except number of shares)

Share Capital as of December 31, 2016 Issuance of new shares for Free shares* purpose Issuance of new shares for MIP* purpose Share Capital as of December 31, 2017 Share Capital as of December 31, 2018

413,245,967

1 1 1 1 1

778.750 436.461

778.750 436.461

414,461,178 414,461,178

414,461,178 414,461,178

Plan described in note 9.3 *

In 2018, the Group did not declared any change in his share capital. As of November 6, 2017, the share capital was increased by 778,750 new shares of €1 each in order to deliver the free shares vested under the Free Share Plan. The counterpart of the share capital increase was a corresponding decrease of the additional paid-in capital by €778,750 (see note 9.3). In 2017, as part of the 2015 Management Incentive Plan (MIP 2015), some share subscription options were exercised and 436,461 new shares were issued at a price of €3.19 for a total of €1,392,311, corresponding to an increase in the share capital of €436,461 and additional paid-in-capital of €955,850. As of December 31, 2018, and to the Company’s knowledge, the following entities held more than 5% of the Company’ share capital: RWC Asset Management LLP held, 42,000,000 shares which • represent 10.13% of the share capital and 10.16% of the voting rights of the Company;

J O Hambro Capital Management Ltd held 35,655,435 shares • which represent 8.6% of the share capital and 8.62% of the voting rights; the Caisse des Dépôts et Consignations held, jointly with Bpifrance • Participations SA, 32,982,928 shares which represent 7.96% of the share capital and 7.98% of the voting rights of the Company; OppenheimerFunds, Inc. held 29,700,000 shares which represent • 7.17% of the share capital and 7.18% of the voting rights of the Company; DNCA Finance, SA and DNCA Finance Luxembourg held • 26,510,000 shares which represent 6.40% of the share capital and 6.41% of the voting rights of the Company; Kinney Asset Management LLC, held 22,928,815 shares which • represent 5.53% of the share capital and 5.55% of the voting rights of the Company.

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TECHNICOLOR REGISTRATION DOCUMENT 2018