technicolor - 2020 Universal Registration Document

5 DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE HUMAN CAPITAL

LABOR RELATIONS GRI [102-41]

A worldwide transformation plan of the Connected Home segment was launched in 2019 to globally adapt this activity and to respond to the drastic industry and market changes (see section 1.2.2). Its implementation in France and in Belgium took place in 2020 with a plan for reduction of job positions. A dialog was engaged with the employees’ representatives about the transformation plan and its accompanying measures to minimize the impact on the employees, and agreements were signed. A significant part of impacted employees had already found a new occupation at the end of 2020. The DVD Services Division strives to anticipate the evolution of the DVD markets and to optimize progressively its operation footprint (see section 1.2.3).

Labor relations with Technicolor employees are the responsibility of site managers in each country with the support of Human Resources. With respect to its European operations, Technicolor entered into a labor agreement with the European council of employee representatives (the “European Council”) confirming the Group’s labor practices. This council, which meets several times each year, comprises union representatives or Members of local Works Councils in European countries.

The European Works Council is composed of:

Number of European Works Council seats

Country Belgium

1

France Poland

3

1

United Kingdom

3

Technicolor’s European Works Council is a supranational body, the purpose of which is to address topics of a transnational nature. The European Works Council is informed of Technicolor’s European operations in respect of personnel, finance, production, sales, and research and development, and their impact upon employment and working conditions. It is also informed of major structural, industrial and commercial changes as well as organizational transformations within the Group. It met three times in 2020. In accordance with applicable law in the European Union, Technicolor’s managers of each European country meet annually with labor organizations to discuss remuneration and working conditions. In accordance with domestic laws, data regarding the level of unionization is not available in most European countries (the laws in these countries do not allow this type of statistics to be published). In 2020, Technicolor entered into 19 collective bargaining agreements: 3 in Belgium, 5 in Brazil, 7 in France, 3 in Mexico, and 1 in the United States of America. In several countries, collective bargaining agreements are negotiated on a multiannual basis (three years or more), and therefore agreements may not have to be renewed in 2020 in certain countries, due to this calendar.

Also due to the Covid-19 pandemic and its impact on the business including the shortage of work, general annual salary review negotiations were conducted only in countries or businesses when it was mandatory. In France, a collective agreement was signed with the Unions in 2019 for a 3 years period of time (2019-2021) on Rennes site about GPEC ( Gestion Prévisionnelle des Emplois et des Compétences , that is to say provisional jobs and skills management). This agreement includes the publication of a cartography (to be revised on an annual basis) of existing jobs along with their anticipated quantitative and qualitative evolution within the next 3 years, and proposes bridges from one job to another. The objective of giving these perspectives is to increase visibility for all Rennes employees on the Company’s vision of the jobs evolution, and thus allow employees to become more in control of their career. In order to support these evolutions, the agreement also includes measures about training, secured external mobility, and the possibility of getting into an early retirement program for eligible employees as defined by the agreement. In addition, 5 Health and Safety agreements were signed in Mexico and Brazil.

Safety at work 5.2.5 GRI [102-44] [103-1 Occupational health and safety] [103-2 Occupational health and safety] [103-3 Occupational health and safety] [103-1 Training and education] [103-2 Training and education] [103-3 Training and education] [403-1] [403-2] [403-3] [403-4] [403-5] [403-6] [403-8] [403-9] [403-10] [404-1] An effective occupational Health and Safety (H&S) program, as defined program include, at a minimum, provisions for systematic identification, by Technicolor, looks beyond the specific requirements of applicable evaluation, and prevention or control of general workplace hazards, laws to address all hazards. The aim of the occupational health and safety specific job hazards, and potential hazards that may arise from program is to prevent injuries and illnesses, whether or not compliance is foreseeable conditions. an issue. The Group believes that the necessary elements of an effective

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 168