technicolor - 2019 Universal registration document

PRESENTATION OF THE GROUP ORGANIZATION AND BUSINESS OVERVIEW

REVENUE AND KEY HIGHLIGHTS PRODUCTION SERVICES REVENUE

The Alienist (TNT), Jupiter’s Legacy (Netflix), Eurovision (Netflix), Pinocchio (Netflix), Kate (Netflix), Halo (Showtime/Amblin) and a new season of American Gods (Starz/Fremantle); Secured other major awards that will contribute significantly in 2020 • like Cruella (Disney) and Mortal Kombat (New Line); MPC Film led the 2019/20 VFX awards season with its work on • 1917 , winner of the Academy Award for Best Visual Effects and the BAFTA Award for Best Special Visual Effects. MPC Film’s work on The Lion King was also nominated for the same two prestigious awards in addition to winning two VES (Visual Effects Society) Awards, including Outstanding Visual Effects in a Photoreal Feature; Mill Film moved into its new permanent facility in Adelaide, Australia; • The Group delivered over 18,000 VFX shots for theatrical feature • films and over 3,200 VFX shots for TV/OTT content. Advertising Another year of industry success, including: • at the prestigious Cannes Lions International Festival of Creativity, • the Group received two of the three Lions awarded in the VFX category (1 Silver and 1 Bronze; no Gold for VFX was awarded in 2019); MPC awarded VFX Company of the Year at the Ciclope Awards • for the third year in a row, while The Mill was recognized by Televisual as the UK’s #1 Post Production Company for the 11 th year running; MPC won two VES Awards for its work on Hennessy ‘The Seven • Worlds’ for Outstanding Visual Effects in a Commercial and for Outstanding Compositing in a Commercial. notable projects include Hennessy ‘The Seven Worlds’, BMW • ‘Legend’, Tinder ‘Swipe Night’, Lexus ‘LF30’, Lego ‘Rebuild the World’, PlayStation ‘Feel the Power of Pro’, New York Times ‘Moon Landing VR Experience’, Feeding America ‘I Am Hunger in America’, McDonald’s ‘Summertime’, and Bud Light ‘Two Trojan Horse Occupants’; The Mill launched a new studio in Berlin, Germany; • Technicolor contributed to approximately 4,800 commercials for • advertising. Post Production Selected highlight feature film projects include Aladdin (Disney), The • Two Popes (Netflix), X-Men: Dark Phoenix (Fox), and Clint Eastwood’s Richard Jewell (Warner Bros.). Selected highlight episodic projects include Big Little Lies (HBO), • Black Mirror (Netflix), Charmed (CBS/The CW), His Dark Materials (BBC/HBO), The Loudest Voice (Showtime), and Messiah (Netflix): Technicolor Post Production is currently supporting the first three • original Marvel streaming titles for Disney+. Opened facility in Cardiff, Wales to work on BBC/HBO’s fantasy epic • series His Dark Materials . Technicolor provided Post Production services on over 100 theatrical • features and nearly 300 TV/OTT series, mini-series and/or pilots.

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€893 M

€785 M

2019

2018

Revenues were up 10.4% year-on-year at constant rate and up 13.8% at current rate. The entertainment industry is currently experiencing one of its biggest transformations, driven by the significant growth in streaming platforms and an unprecedented demand for high-end content. Capacity expansion and related investments continued in 2019 to benefit from this dynamic, including Technicolor’s announcement at the end of January 2020 of the official launch of its new episodic visual effects business, MPC Episodic.

In 2019: Film & Episodic VFX

Exceptional work on over 30 films from the major studios, including • 2019 releases like The Lion King (Disney), 1917 (Universal/Amblin), Maleficent: Mistress of Evil (Disney), Dumbo (Disney), Shazam! (Warner Bros.), Pokémon Detective Pikachu (Warner Bros./Legendary), X-Men: Dark Phoenix (Fox), Ad Astra (Fox), Dora and the Lost City of Gold (Paramount) and Hellboy (Lionsgate), and completed production on 2020 releases like Artemis Fowl (Disney), Dolittle (Universal), and Sonic the Hedgehog (Paramount): At the end of 2019, the Group was in production on major studio • projects like The Little Mermaid (Disney), Monster Problems (Paramount), Bios (Universal/Amblin), Clifford the Big Red Dog (Paramount), Godzilla vs. Kong (Warner Bros./Legendary), Snake Eyes: G.I. Joe Origins (Paramount), The Call of the Wild (Fox), The One and Only Ivan (Disney), Monster Hunter (Screen Gems/Constantin); Work on over 30 Episodic and/or Non-Theatrical ( i.e ., • Streaming/OTT) projects, including The Mandalorian (Disney+), Lady and the Tramp (Disney+), Noelle (Disney+) See (Apple TV+), Old Story (Netflix), Polar (Netflix/Constantin), Carnival Row (Amazon/Legendary), The Boys (Amazon/Sony), American Gods season 2 (Starz/Fremantle) and Vikings season 6 (History/MGM): At the end of 2019, the Group was in production on projects like • Secret Society of Second-Born Royals (Disney+), Prehistoric Planet (Apple TV+/BBC), Raised by Wolves (HBO Max),

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019