technicolor - 2020 Universal Registration Document

6 FINANCIAL STATEMENTS

NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS Note 10 - Employees benefits

The details of these options and shares are disclosed hereafter.

Number of instruments initially granted (2)

Number of instruments outstanding (2)

Initial number of beneficiaries

Estimated fair values granted (1)(2)

Contractual instrument life

Exercise price (1)(2) €86.13

Type of plan Subscription options

Grant date

Vesting date

May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) June 2016 (50%) June 2017 (25%) June 2018 (25%) October 2017 (25%) October 2018 (25%) October 2016 (50%) October 2017 (25%) October 2018 (25%) October 2016 (50%)

MIP 2015 Options*

May 23, 2013 and June 7, 2013

607,335

149,060

94

8 years

€28.62

MIP 2015 Options*

Subscription options

October 24, 2013

7,408

-

1

8 years

€106.11

€37.80

MIP 2015 Options*

Subscription options

March 26, 2014

7,963

2,499

2

8 years

€122.31

€46.71

MIP 2016 Options* MIP 2016 Options* MIP 2016 Options*

Subscription options

June 20, 2014

104,815

48,353

40

8 years

€156.33

€49.14

Subscription options

October 21, 2014

70,926

34,319

24

8 years

€132.84

€39.15

Subscription options

April 9, 2015

14,815

15,377

1

8 years

€157.41

€50.76

June 2017 (50%) June 2018 (25%) June 2019 (25%)

MIP June 2017 Options*

Subscription options

June 26, 2015

9,260

2,884

2

8 years

€158.76

€51.57

October 2017 (50%) October 2018 (25%) October 2019 (25%)

MIP October 2017 Options*

Subscription options

December 3, 2015

63,334

9,076

22

8 years

€191.97

€61.29 €153.63

2016 LTIP**

Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares

April 29, 2016

102,241

-

187

April 2019

-

-

2016 LTIP**

July 27, 2016

2,444

-

12

April 2019

-

-

€147.69

2016 LTIP**

October 20, 2016

7,926

-

18

April 2019

-

-

€138.78

2017 LTIP**

January 6, 2017

5,995

-

10

April 2020

-

-

€102.06 €102.06

2017 LTIP**

March 9, 2017

148,180

-

218

April 2020

-

-

2017 LTIP**

April 26, 2017

7,407

-

1

April 2020

-

€116.91

- -

2017 LTIP**

July 26, 2017

5,273

-

15

April 2020

-

€91.26

2018 LTIP**

April 25, 2018

11,370

11,111

2

April 2021

-

-

€34.37

2018 LTIP**

June 25, 2018

12,216

9,437

12

April 2021

-

-

€34.37

2019 LTIP**

June 14, 2019

7,407

7,407

1

June 2022

-

-

€20.74

2019 LTIP**

July 24, 2019

88,197

77,028

175

June 2022

-

-

€20.74

2019 LTIP**

November 5, 2019

2,739

2,739

4

June 2022

-

-

€20.74

2019 LTIP**

January 30, 2020

9,258

6,471

2

June 2022

-

-

€16.20

2020 LTIP**

December 17, 2020 2,829,146

2,829,146

101

December 2023

-

€1.82

€1.23

Management Incentive Plans (MIP) (see description above). * Long-Term Incentive Plan (LTIP) (see description above). **

Exercise prices, fair value and number of options outstanding were modified following the 2015 capital increase (1) Exercise prices, fair value and number of options outstanding were modified following the 2020 share consolidation. (2)

The exercise prices of the various plans were set without the application of a discount. In accordance with Article L. 225-184 of the French Commercial Code, in 2020 and 2019, no options were exercised.

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 300