technicolor - 2020 Universal Registration Document

PRESENTATION OF THE GROUP ORGANIZATION AND BUSINESS OVERVIEW

The CPE industry continues to evolve towards more powerful, more open, and more complex platforms and devices. This evolution will continue to provide more and more opportunity for new software services opportunities, sending CPE device information to the cloud for the application of artificial intelligence and deep learning algorithms, to arrive at richer insight of the health of the access and home network for the NSPs, as well as new service offerings to consumers. In 2018 and 2019, our industry faced cost and supply continuity challenges resulting from global shortages of components. Technicolor led the industry in taking actions to mitigate the impact and guarantee supply. The component environment remains challenging: the situation with the prices for memory chips is gradually improving • and the costs for MLCCs have stabilized and started to go down. The volatility and uncertainty in certain categories of electronic components remain high; starting from mid-2018, the segment is invoicing clients for the vast • majority of these identifiable component cost increases. The Covid-19 global pandemic has created global distortions in our industry. World logistics were severely disrupted in recent months, and they will remain difficult for some time to come. The semiconductor crisis which started in the second half of 2020 will continue to impact 2021 supply. Connected Home will continue to work with its partners and customers to minimize supply disruptions. The industry also experienced at significant drop in the cable video market in North American in 2018, which was partially offset by stronger demand in broadband. Technicolor Connected Home is also committed to developing a responsible business as our Ecovadis CSR Gold Rating demonstrates. Technicolor started to implement eco-design guidelines in 2008 and has long taken a positive stance towards environmental and efficiency issues in the development, manufacture, and use of its products. As a continuous improvement practice, Connected Home actively

monitors its energy efficiency (carbon emissions generated by product use and carbon emissions resulting from shipping and transportation of products) and is increasing the use of renewable energy within its infrastructure (for instance, our Manaus factory has been certified carbon neutral for many years). MARKET POSITION IN 2020 As of September, Technicolor achieved a market share of c. 16% worldwide excluding China (sources: Dell’Oro, IHS Markit, Technicolor estimates). The Group’s market position differs depending on market segments and geography. By product category, Technicolor was number one worldwide in value for broadband modems and gateways, with industry-recognized leadership in wireless and broadband technologies for Cable and Telecom operators. Technicolor was number two worldwide in value for digital Set Top Box, with leading positions in the Cable and Satellite segments. Technicolor’s key competitors in the CPE market include Commscope, Humax, Huawei, Arcadyan, Sagemcom and ZTE. REVENUE HIGHLIGHTS The Connected Home segment generated consolidated revenues of €1,764 million in 2020, accounting for 59% of the Group’s reported consolidated revenues. Connected Home shipped a total of 29 million products in 2020, or more than 500,000 devices per week. By product category, video devices represented 54% of total volumes in 2020 (2019: 55%), while broadband devices represented 46% of total shipments (2019: 45%) of which 8.7% of total volumes from Manaus. On the video side, Ultra-High definition products represented around 60% of the Group’s digital Set-Top Box revenues in 2020.

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REVENUES BY REGION

REVENUES BY PRODUCT

19 % (vs. 23% in 2019) 12 % (vs. 15% in 2019) 14 % (vs. 18% in 2019) Latin America Asia-Pacific Europe, Middle-East & Africa

39 % (vs. 42% in 2019) 61 % (vs. 58% in 2019) Broadband Video

North America 55 % (vs. 44% in 2019)

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020