technicolor - 2020 Universal Registration Document

CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

Stock options plans and performance or restricted shares plans 4.2.4 GRI [102-35] [201-3] [401-2]

STOCK OPTION PLANS 4.2.4.1 This section constitutes the Board of Directors’ report to shareholders made in accordance with Article L. 225-184 of the French Commercial Code, describing the allocation by the Board of Directors of share subscription or purchase options under Articles L. 225-177 to L. 225-186 and L. 22-10-56 to L. 22-10-58 of the French Commercial Code during fiscal year 2020.

The Shareholders’ Meeting of May 23, 2013, in its 15 th resolution, authorized the Board of Directors to proceed with the allocation, in one or several times, in favor of employees or Executive Officers of the Company and its French and foreign subsidiaries, of share subscription or purchase options. This authorization was valid until July 23, 2016. Options granted under this authorization would not give right to a total number of shares greater than 26,843,507 representing 8% of the share capital at the date of the Shareholders’ Meeting held on May 23, 2013.

STOCK OPTIONS IN EXISTENCE AS OF DECEMBER 31, 2020 (TABLE NO. 8 OF THE ANNEX 4 OF THE AFEP-MEDEF CORPORATE GOVERNANCE CODE)

Date of Shareholders’ Meeting

Plan MIP 2015 May 23, 2013 May 23, 2013 June 7, 2013

Plan MIP 2016 May 23, 2013 June 20, 2014 October 21, 2014 April 9, 2015

Plan MIP June 2017

Plan MIP October 2017

May 23, 2013 June 26, 2015

May 23, 2013 October 19, 2015

Date of Board of Directors’ meeting

October 24, 2013 December 18, 2013 March 26, 2014

4

Type of options Number of options initially granted, including: Number of options initially granted, after adjustment (2)(3) if applicable, including: Number of options granted to Directors and officers (1) : Frédéric Rose (CEO until November 5, 2020) Number of options granted to the first ten employee beneficiaries Beginning of the exercise period

Subscription 17,188,000

5,145,000

250,000

1,710,000

653,893

197,028

9,612

63,334

103,217

-

-

-

68,817

9,612

48,522

166,335

May 23, 2015

June 20, 2016 October 21, 2016

June 26, 2017

October 19, 2017

Plan life

8 years

8 years

8 years

8 years

Expiration date

May 23, 2021

June 20, 2022 October 21, 2022

June 26, 2023

October 19, 2023

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 139