technicolor - 2019 Universal registration document

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

Pay equity ratio 4.2.2 GRI [102-38]

This information is disclosed in accordance with the “PACTE” law, which introduces new transparency requirements on executive pay disclosure. The pay equity ratio is defined as the ratio between the compensation paid to the Company’s Corporate Executive Officers and the average and median compensation received by the Company’s employees. The ratios set out below include for each fiscal year:

the performance or restricted shares granted during the same periods, • assessed at fair value. The non-compete indemnity for the former CEO is not included. This information is based upon Technicolor SA full time equivalent employees. The performance of the Company is based on the EBITDA Adjusted as used in the annual variable compensation.

the fixed compensation paid; • the variable compensation paid; •

EQUITY RATIO – CORPORATE EXECUTIVE OFFICERS

2019

Fiscal year

2015

2016

2017

2018

Chief Executive Officer Ratio – average compensation Ratio – median compensation Chairperson of the Board Ratio – average compensation Ratio – median compensation

19.5 27.7

32.0 50.4

25.6 37.8

13.1 18.2

12.5 17.1

1.2 1.7

1.0 1.6

1.9 2.8

2.4 3.4

3.0 4.1

Evolution of these ratios over the 5 years of exercise from earliest to latest

Fiscal year

2016/2015 2017/2016 2018/2017 2019/2018

Chief Executive Officer Ratio – average compensation Ratio – median compensation Chairperson of the Board Ratio – average compensation Ratio – median compensation

64% 82%

(20)% (25)%

(49)% (52)%

(4)% (6)%

(14)%

85% 73%

26% 19%

23% 21%

(4)%

Comparison of paid compensation evolution with financial performance of the Company

Fiscal year

2016/2015 2017/2016 2018/2017 2019/2018

Company Performance

0%

(37)% (25)%

(24)% (53)%

(10)%

Chief Executive Officer compensation paid Chairperson of the Board compensation paid

92%

(6)% 22%

1%

74%

15%

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 134