technicolor - 2019 Universal registration document

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

Characteristics of the LTIP – Presence condition Cases of forfeiture

Beneficiary of Performance Shares who would leave the Group before the expiration of the vesting period of at least three years Case of legal premature exit (including cases of death, disability, retirement, termination without cause) and other customary exceptions decided upon by the Board of Directors

Exceptions

The plan prevents beneficiaries who are members of the Executive Committee from using hedging instruments for the performance shares and requires that they retain a significant number of shares up until the termination of their positions within the Group. Long-Term Incentive Plan – LTIP 2016 Upon recommendation of the Remunerations Committee, the Board of Directors, making use of the authorization given by the Shareholders’ Meeting of April 29, 2016 in its 28 th resolution, granted Performance Shares. The table below summarizes the characteristics of these grants.

Long-Term Incentive Plans 2016 – LTIP 2016 Shareholders’ Meeting authorizing the attributions Remunerations Committee recommending the grants

April 29, 2016 (28 th resolution)

April 27, 2016 April 29, 2016

July 26, 2016 July 27, 2016

October 11, 2016 October 20, 2016

Board of Directors approving grants

Number of beneficiaries (as of December 31, 2018) Number of outstanding shares (as of December 31, 2018)

177

2,338,278 representing 0.56% of the share capital

Vesting period Holding Period

3 years

None except for: the members of the Executive Committee who should retain, until the term • of their contracts, at least 10% of the vested Performance Shares; the CEO who should retain in registered form, until the end of his term • of office, 20% of the vested Performance Shares.

Delivery Date

April 30, 2019 or as promptly as possible thereafter (subject to presence condition on that date)

Number of shares to be delivered at the Delivery Date

0

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 142