technicolor - 2019 Universal registration document

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

Gross amounts Comments

ANNUAL VARIABLE COMPENSATION

€ 483,235 (1) (for reference, € 382,378 (2) in 2018)

(iii) the criterion linked to strategy was not achieved. Thus, the qualitative objective was partially achieved with a grade of 0.5 (on a scale of 0 to 1.5). The overall achievement rate of Mr. Rose’s objectives for 2019 is thus 55,76% and his variable compensation amounts to €483,235 on a pro-rata basis (after conversion into euros at the reference exchange rates). 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. It is reminded that an amount of 382,378 (2) was paid in 2019 to Mr. Frédéric Rose for his variale compensation due for the fiscal year 2018 after its approval by the Shareholders' Meeting on June 14, 2019 (cf. p. 109 of the 2018 Registration document). Annual variable compensation of Mr. Frédéric Rose (2019 fiscal year) (1) 2019 Rules set at the beginning of the fiscal year Appraisal by the Board Reminder: 2018 Target amount Maximum amount

Pro-rata corres- ponding amount (in euros)

As % of fixed compen- sation

Pro-rata target amount (in euros)

As % of fixed compen- sation

Pro-rata maximum amount (in euros) Achieved

Achieved

EBITDA objective EBITA objective Free Cash Flow objective Qualitative objective

20% €173,327

30% €259,990 29.26% €253,577 26.40%

20% €173,327

30% €259,990 16.50% €142,995

N/A

40% €346,654 60% €519,980 0.00%

€0 0.00%

20% €173,327

30% €259,990 10.00% €86,663

11%

Total variable

100% €866,634 150% €1,299,951 55.76%

37.40%

Annual variable compensation (in euros) €483,235 €382,378 (2) The amounts reported are converted into euros, even though they are paid in part in U.S. dollars and in pounds sterling, (1) based on the average exchange rates for 2019, i.e. £0.8776 for €1 and U.S.$ 1.12058 for €1. Restated at the exchange rate used for the conversion of the 2018 and 2019 compensation: average exchange rates for 2019. (2)

PERFORMANCE SHARES Mr. Rose was not awarded any performance share or stock option in 2019. For more details on all Long-Term Incentive Plans, see sub-section 4.2.4: “Stock Option Plans and Performance or Restricted Share Plans” of this Universal Registration Document. The amounts reported are converted into euros, even though they are paid in part in U.S. dollars and in pounds sterling, based on the average exchange rates for 2019, i.e. (1) £0.8776 for €1 and U.S.$1.12058 for €1. Restated at the exchange rate used for the conversion of the 2018 and 2019 compensation: average exchange rate for 2019. (2) €0 No shares

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019