technicolor - 2020 Universal Registration Document

FINANCIAL STATEMENTS NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS Note 12 - Other information

Off balance-sheet commitments received are the following:

2020

2019

(in million euros)

Unconditional future payments Royalties to receive

59 59

95 95

TOTAL UNCONDITIONAL FUTURE PAYMENTS

Conditional future payments

- -

- -

TOTAL CONDITIONAL FUTURE PAYMENTS

As part of its business activities, Technicolor SA may issue performance guarantees for its subsidiaries as well as comfort letters. In addition, as part of its management of the currency exchange rate risk, Technicolor SA implements over a fixed period foreign exchange guarantees with its subsidiaries under which their trade exposures are hedged at a determined currency exchange rate. The most significant commitments are thereafter summarized:

Currency to deliver

Currency to receive

Commitment to deliver (1)

Commitment to receive (1)

Entity

Maturity

Technicolor Delivery Technologies Australia Pty Ltd.

USD

AUD

8.3

11.0

2021

Technicolor Delivery Technologies Canada Inc.

USD

CAD

7.0

9.0

2021

Technicolor Delivery Technologies SAS

USD USD

EUR GBP

153.5

129.3

2021 2021

15.7

11.6

Technicolor Export de Mexico S. de RL de CV

USD

MXN

2.8

55.0

2021

Technicolor Mexicana S. de RL de CV

MXN

USD

450.0

22.4

2021

Technicolor Polska Sp. Z o.o.

EUR PLN USD

GBP EUR EUR

2.0

1.8 7.4 4.3

2021 2021 2021

32.9

5.2

The Moving Picture Company Ltd.

EUR USD

GBP GBP

0.5

0.5 11.8

2021 2021

16.0

6

Thomson Telecom Mexico SA de CV

MXN

USD

477.1

24.0

2021

Expressed in millions of the corresponding currency. (1)

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020 305