technicolor - 2020 Universal Registration Document

4 CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION

PERFORMANCE AND RESTRICTED SHARE PLANS IN EXISTENCE AS OF DECEMBER 31, 2020 (TABLE NO. 9 OF THE ANNEX 4 OF THE AFEP-MEDEF CORPORATE GOVERNANCE CODE)

LTIP 2017

LTIP 2018

LTIP 2019

LTIP 2020

Date of Shareholders’ Meeting Date of Board of Directors’ meeting

April 29, 2016 April 29, 2016 June 14, 2019

June 30, 2020

Jan. 6, 2017 March 9, 2017 Apr. 26, 2017 Jul. 26, 2017 Performance shares

Apr. 25, 2018 June 25, 2018

Dec. 17, 2020 Dec. 17, 2020

June 14, 2019 Jul. 24, 2019 Nov. 5, 2019 Jan. 30, 2020

Performance shares

Restricted shares

Performance shares 2,074,490

Restricted shares 754,656

Type of shares

Number of shares initially granted: Number of shares initially granted, after adjustment if applicable (1) , including: Number of shares granted to Directors and officers (2) : Frédéric Rose (CEO until November 5, 2020) Richard Moat (CEO since November 5, 2020) Number of shares granted to the top ten employee beneficiaries:

4,507,500

637,000 2,907,000

23,586

107,601

N/A

N/A

166,855

14,074

-

-

N/A

N/A

N/A

N/A

N/A

543,833

N/A

21,291

37,031

459,192

196,788

55,885

Vesting date

Apr. 30, 2020 Apr. 30, 2021

June 14, 2022 Dec. 17, 2023 Dec. 17, 2023

End of the holding period Performance conditions

N/A

N/A

N/A

N/A

N/A

Yes

Yes

No

Yes

No

50% if the sum of the annual adjusted EBITDA assessed over a three-year period (from 2018 to 2020) is equal or greater to €557million 50% if the sum of the annual Group Free Cash Flow assessed over a three-year period from 2018 to 2020) is equal or greater to €(245) million

50% if the sum of the annual adjusted EBITDA assessed over a three-year period (from 2017 to 2019) is equal or greater to €782 million 50% if the sum of the annual Group Free Cash Flow assessed over a three-year period (from 2017 to 2019) is equal or greater to €50 million

50% if the sum of the annual adjusted EBITA assessed over a two-year period (from 2021 through 2022) is equal or greater to the target cumulative objective 50% if, the average share price of the 20 closing share prices of the 20-day trading period preceeding

December 31, 2022, is equal or greater to the target TSR objective

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 142