technicolor - 2018 Registration document

FINANCIAL STATEMENTS

NOTE 10 EMPLOYEES BENEFITS

The details of these options and shares are disclosed hereafter.

Number of options outstanding

Number of options initially granted

Estimated fair values granted (2)

Initial number of beneficiaries

Contractual option life Exercise price (2)

Vesting date

Type of plan Grant date

April 30, 2013 for France June 17, 2014 for other countries

Subscription

MIP Options*

options June 17, 2010 1,216,700 (1)

0

18

8 years

€6.29

€2.22

May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) June 2016 (50%) June 2017 (25%) June 2018 (25%) October 2017 (25%) October 2018 (25%) October 2016 (50%) October 2017 (25%) October 2018 (25%) October 2016 (50%)

May 23, 2013 and June 7,

Subscription options

MIP 2015 Options**

2013 16,398,000

6,060,418

94

8 years

€3.19

€1.06

Subscription options

October 24, 2013

MIP 2015 Options**

200,000

103,794

1

8 years

€3.93

€1.40

Subscription options

March 26, 2014

MIP 2015 Options**

215,000

67,466

2

8 years

€4.53

€1.73

Subscription options

June 20,

MIP 2016 Options**

2014 2,830,000

1,886,462

40

8 years

€5.79

€1.82

Subscription options

October 21, 2014

MIP 2016 Options**

1,915,000

1,159,903

24

8 years

€4.92

€1.45

Subscription

MIP 2016 Options**

options April 9, 2015

400,000

415,176

1

8 years

€5.83

€1.88

June 2017 (50%) June 2018 (25%) June 2019 (25%)

MIP June 2017 Options**

Subscription

options June 26, 2015

250,000

103,794

2

8 years

€5.88

€1.91

October 2017 (50%) October 2018 (25%) October 2019 (25%)

MIP October 2017 Options**

Subscription options Performance

December 3, 2015

1,710,000

855,000

22

8 years

€7.11

€2.27

2016 LTIP***

shares April 29, 2016 2,760,500

2,162,221

187

April 2019

-

-

€5.69

Performance

2016 LTIP***

shares July 27, 2016

66,000

39,739

12

April 2019

-

-

€5.47

Performance shares Performance shares Performance

October 20, 2016

2016 LTIP***

214,000

136,318

18

April 2019

-

-

€5.14

January 6, 2017

2017 LTIP***

162,000

135,643

10

April 2020

-

-

€3.78

2017 LTIP***

shares March 9, 2017

4,003,000

3,117,664

218

April 2020

-

-

€3.78

Performance

2017 LTIP***

shares April 26, 2017

200,000

200,000

1

April 2020

-

-

€4.33

Performance

2017 LTIP***

shares July 26, 2017

142,500

85,236

15

April 2020

-

-

€3.38

Performance

2018 LTIP***

shares April 25, 2018

307,000

307,000

2

April 2021

-

-

€1.27

Performance

6

2018 LTIP***

shares June 25, 2018

330,000

300,000

12

April 2021

-

-

€1.27

Mid-Term Incentive Plan (MIP-SP1) (see description above). * Management Incentive Plans (MIP) (see description above). ** Long-Term Incentive Plan (LTIP) (see description above). *** Maximum potential number. (1) Exercise prices and number of options outstanding were modified following the 2015 capital increases. (2)

The exercise prices of the various plans were set without the application of a discount. In accordance with Article L. 225-184 of the French Commercial Code: in 2018, no options were exercised; • in 2017, 436,461 options were exercised as part of the Management Incentive Plan MIP 2015. •

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TECHNICOLOR REGISTRATION DOCUMENT 2018