technicolor - 2019 Universal registration document

PRESENTATION OF THE GROUP ORGANIZATION AND BUSINESS OVERVIEW

Corporate & Other 1.2.4 GRI [102-2]

Discontinued operations 1.2.5 GRI [102-10] [102-49] Technicolor has finalized a number of disposals over the last few years, the results of which are, under certain criteria, reported as discontinued operations under IFRS. For a description of the financial implications of discontinued operations on the Group’s results of operations, please refer to Chapter 2: “Operating and Financial Review and Prospects”, section 2.2.7: “Profit (loss) from discontinued operations”. Technicolor announced, on December 18, 2017, its decision to sell Patent Licensing business. As a result, the Group reported the financial information of its Patent Licensing business, previously included in the Technology segment, under Discontinued operations. On July 30, 2018, the Group concluded the sale to InterDigital excluding some mobile patents, a small number of patents for nascent technologies and some patents associated with patents tools. The sale to InterDigital of the Research & Innovation (“R&I”) activity was completed on May 31, 2019. As a result, the Group reported the financial information of its R&I operation under Discontinued operations, as in 2018 results.

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The “Corporate & Other” segment comprises unallocated corporate functions and all other continuing activities. Corporate & Other operations are as follows: Trademark Licensing business which monetizes valuable brands such • as RCA™ and Thomson™ which were operated by the Group when it was a leading stakeholder in the Consumer Electronics business. Trademarks create business and market opportunities for licensing partners around the globe, which benefit from a complete brand service including rights management & protection, quality insurance, marketing and design. Main product categories developed are Television, Tablets, Home appliances with an increased market and awareness presence in EMEA, North and South America; Patent Licenses, which have not been sold to Interdigital and which • monetize valuable patents such as MPEG-LA and various others; Post-disposal service operations and commitments related to former • consumer electronics operations, mainly pension costs; Unallocated Corporate functions, which comprise the operation and • management of the Group’s Head Office, together with various Group functions centrally performed, such as, Human Resources, IT, Finance, Marketing and Communication, Corporate legal operations and real estate management, and that cannot be strictly assigned to a particular business within the three operating segments.

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019