technicolor - 2018 Registration document

1 PRESENTATION OF THE GROUP ORGANIZATION AND BUSINESS OVERVIEW

Revenue and key highlights

Advertising • Another record year of industry successes, including: •

PRODUCTION SERVICES REVENUE

at the prestigious Cannes Lions International Festival of – Creativity, the Group received seven Lions (1 Gold, 4 Silver, 2 Bronze); MPC awarded VFX Company of the Year at the Ciclope and – Shots awards; The Mill recognized by Televisual 50 as the UK’s #1 Post – Production Company for the 10 th year running; MPC swept all three commercial categories at the 2018 Visual – Effects Society (“ VES ”) Awards with its work on Samsung Ostrich , and won at the recently held 2019 VES Awards for Outstanding Visual Effects in a Commercial for its work on the John Lewis’ The Boy and the Piano Christmas spot, and for Outstanding Animated Character in a Commercial for its work on Volkswagen’s Born Confident . Highlight projects: Apple Unlock , Childish Gambino This is • America , John Lewis, The Boy and the Piano , Amazon Alexa Loses Her Voice, Call of Duty Black Ops 4: Angels & Men , Gatorade Beat the Blitz VR Experience , Monster.com Opportunity Roars . Technicolor contributed to over 5,750 commercials for advertising. • Post Production • Highlight Film projects include Avengers: Infinity War • (Disney/Marvel), Bad Times At The El Royale (Fox), Black Panther (Disney/Marvel), Ant-Man And The Wasp (Disney), Roma (Netflix), Welcome To Marwen (Universal), The Mule (Warner Bros.). Highlight TV projects include Atlanta (FX), The Romanoffs • (Amazon), This Is Us (NBC), The Man in the High Castle (Amazon), Dirty John (Bravo), Seal Team (CBS), True Detective (HBO), American Gods (Starz/Amazon), Black Mirror (Netflix). Technicolor’s Senior Colorist Maxine Gervais became the first • female colorist to win the Hollywood Professional Association award for Outstanding Color Grading on a Feature Film for her work on Sony’s Alpha . Supervising DI Colorist Jean-Clément Soret won the BAFTA Craft • Award in the Special, Visual and Graphic Effects category for his work on Black Mirror Metalhead (2018) marked the third year in a row that Technicolor provided post production services for Black Mirror , including the highly acclaimed Bandersnatch interactive film. Technicolor provided Post Production services on over 300 • theatrical features and over 470 TV/OTT series, mini-series and/or pilots. Animation & Games: • Mikros delivered three animated features in 2018: SGT. Stubby : • An American Hero (Fun Academy), Sherlock Gnomes (Paramount), and Astérix: Le Secret de la potion magique (M6) which was recently nominated for the César Award for best animated feature; and is now ramping up production on The Spongebob Movie: It’s A Wonderful Sponge (Paramount);

€766 M €785 M

2018

2017

Revenues grew 5.6% at constant currency, driven by significant volume expansion in Film & TV VFX and growth in Advertising. In 2018: Film & TV VFX • Exceptional work on over 40 films from all major studios, including • 2018 releases like Aquaman (Warner Bros.), Fifty Shades Freed (Universal), Tomb Raider (Warner Bros.), The Nutcracker And The Four Realms (Disney), The Predator (Fox), Creed Ii (MGM), A Wrinkle In Time (Disney): in production on major studio tentpoles like Dark Phoenix (Fox), – Dumbo (Disney), Godzilla: King Of The Monsters (Warner Bros./Legendary), The Lion King (Disney), and Pokémon Detective Pikachu (Warner Bros./Legendary). Mr. X worked on over 14 TV projects, including new seasons of • Vikings (History), American Gods (Starz), Narcos (Netflix) and A Series of Unfortunate Events (Netflix). Secured major awards that will contribute significantly in 2019 like • Artemis Fowl (Disney), Call Of The Wild (Fox), Cats (Universal), Dora The Explorer (Paramount), Godzilla Vs. Kong (Warner Bros./Legendary), Maleficent 2 (Disney), Sonic The Hedgehog (Paramount), The One And Only Ivan (Disney), The Voyage Of Doctor Dolittle (Universal). Academy Award ® -winning Mill Film re-launched and has now • ramped up to 100+ artists across facilities in Montreal, and Adelaide. The Group provided over 12,000 VFX shots for feature films and • over 3,100 VFX shots for TV/OTT content.

14

TECHNICOLOR REGISTRATION DOCUMENT 2018