technicolor - 2020 Universal Registration Document

CORPORATE GOVERNANCE AND COMPENSATION CORPORATE GOVERNANCE

ARRANGEMENTS OR AGREEMENTS 4.1.1.4

a substantial number of shares. Consequently, each Director must acquire Technicolor shares in an amount equivalent to at least one-third of the fixed annual compensation due to him/her as Director. Such acquisition must occur within 12 months from the date of his/her appointment. Should a Director fail to do so, 50% of his/her fixed compensation as Director will be forfeited. Under the terms of a decision of the Board of Directors of October 24, 2013, the Chairperson and the Chief Executive Officer are bound by a minimum investment requirement in Technicolor shares equivalent to the investment of one year of the average compensation due as Director (previously named “Director’s fees”). This number of shares is doubled in the event of a renewal of the term of office. Except for the above obligations, the Corporate Officers are not subject to any contractual restriction regarding the shares they hold in the Company’s share capital. The memorandum entitled Corporate Policy on the Purchase and Sale of Company Shares, Insider Trading and Protection of Inside Information reiterates, however, the rules applicable to trading in Technicolor securities and provides for blackout periods during which such trading is prohibited. This policy also provides that Corporate Officers holding stock options and/or performance shares (i) are not authorized to carry out risk hedging transactions in accordance with the AFEP-MEDEF Corporate Governance Code and (ii) are subject to blackout periods for the exercise of options.

MADE WITH MAJOR SHAREHOLDERS, CUSTOMERS, SUPPLIERS OR OTHERS PURSUANT TOWHICH THE CORPORATE OFFICERS AND EXECUTIVE COMMITTEE MEMBERS WERE SELECTED GRI [102-25] [102-44]

There is no arrangement or agreement with major shareholders, customers, suppliers or other parties, by virtue of which a Corporate Officer (Director, Chairperson of the Board of Directors or Chief Executive Officer) or a member of the Executive Committee has been selected. CORPORATE OFFICERS’ HOLDINGS 4.1.1.5 IN THE COMPANY’S SHARE CAPITAL Article 11.2 of the Company’s by-laws provides that Directors are each required to hold at least 200 shares of Technicolor stock during their term of office. Moreover, in accordance with the Internal Board Regulations, as modified by the Board of Directors on July 24, 2019, the Board considers that for the purpose of aligning Directors’ interests with those of the shareholders, it is desirable that each Director personally holds

To the Company’s knowledge, the Corporate Officers’ shareholdings in the Company’s registered capital as of the date of publication of this Universal Registration Document are as follows: Directors Technicolor shares Anne Bouverot 39,533 Melinda J. Mount 21,000 (1) Bpifrance Participations 10,381,145 Xavier Cauchois 6,030 Dominique D’Hinnin 12,370 Cécile Frot-Coutaz 4,475 Christine Laurens 555 Brian Sullivan 2,250 Marc Vogeleisen (2) 4 Chief Executive Officer Richard Moat 585,825 TOTAL 11,032,965 Ms. Mount holds 21,000 Technicolor American Depositary Receipts, equivalent to 778 shares. (1) Directors representing employees, who do not receive any compensation as Directors, are out the scope of shareholding requirements. (2)

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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2020