technicolor - 2019 Universal registration document

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

Compensation items paid or granted to Mr. Richard Moat for fiscal year 2019 Gross amounts Comments FIXED COMPENSATION €95,238

Mr. Moat’s total fixed compensation for his position as Chief Executive Officer, is set at €600,000 payable in 12 monthly installments, by a decision of the Board on November 5, 2019. For 2019, his fixed compensation was pro-rated to the duration of his term as Chief Executive Officer (since November 5, 2019). For 2019, Mr. Moat will exceptionally benefit from a pro-rata annual target variable compensation which will not be subject to performance objectives since his appointment took place in the last quarter of the year. This decision was made by the Board of Directors considering the work done by Mr. Richard Moat during these first months of office including the launch of a new 2020-2022 Strategic Plan supported by a comprehensive strengthening of the capital structure as announced on February 13, 2020. Payment to the CEO of the variable compensation is subject to approval by the shareholders at the Annual General Meeting to be held to approve the financial statements for the year ending December 31, 2019 of his compensation package, in accordance with Article L. 225-100 of the French Commercial Code. Mr. Moat was not awarded any performance share or stock option in 2019.

ANNUAL VARIABLE COMPENSATION

€124,133

PERFORMANCE SHARES

€0 No shares

SEVERANCE PACKAGE

No payment No payment

Mr. Moat does not benefit from a severance package. Mr. Moat does not benefit from a non-compete package.

NON- COMPETE INDEMNITY BENEFITS IN KIND

None

For 2019, Mr. Moat was not awarded nor did he benefit from director's fee, multi-annual variable compensation, exceptional compensation, performance shares, stock options, welcome bonus, supplemental retirement plan or Directors’ fees.

Employer contributions paid by the Group’s companies in respect of Mr. Richard Moat’s compensation amounted to €40,022 in 2019.

TABLE SUMMARIZING THE COMPENSATION, STOCK OPTIONS AND SHARES AWARDED TO MR. RICHARD MOAT (TABLE NO. 1 OF ANNEX 4 TO THE AFEP-MEDEF CORPORATE GOVERNANCE CODE)

2019

Gross amounts (in euros)

2018

Compensation due

N/A N/A N/A N/A N/A

219,371

Value of options granted

N/A N/A N/A

Value of performance shares granted

Value of other long-term compensation plans

TOTAL

219,371

TABLE SUMMARIZING THE COMPENSATION OF MR. RICHARD MOAT (TABLE NO. 2 OF ANNEX 4 TO THE AFEP-MEDEF CORPORATE GOVERNANCE CODE)

2018 2019 Amounts due Amounts paid Amounts due Amounts paid

Gross amounts (in euros)

N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A

95,238 124,133

95,238

Fixed

Annual variable

N/A N/A N/A N/A

Multi-annual variable

N/A N/A N/A

Directors’ fees Benefits in kind

TOTAL

219,371

95,238

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 124