ADR Information

ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company. Technicolor’s ADRs represent Technicolor’s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs have the right to vote on shareholders resolutions, at the Company’s discretion (as a matter of fact, it has not been made possible for the last past years), and to receive dividends in US dollars. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors, and to provide a corporate finance vehicle for non-U.S. companies.

The ADR ratio is the relation between the number of ADRs and the number of ordinary shares. Every Technicolor ADR represents one Technicolor ordinary share, i.e. the ratio is 1:27.

U.S. investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to U.S. market conventions. One of an ADRs’ top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.

ADR issuers are typically large multinational corporations. Any non-U.S. company seeking to raise capital in the U.S. or increase their base of U.S. investor can benefit from ADRs. (Citi comment: ADRs are issued by Citi as depositary bank)

Information is widely available on Vantiva’s website www.vantiva.com. Investors can sign up to receive annual reports and press releases in English. Trading information is readily available on the OTC Markets website https://www.otcmarkets.com/  and our depository bank’s website  www.citi.com/dr

Vantiva ADRs are approved for trading on OTCQX.. For further information please   refer to https://www.otcmarkets.com/ and www.citi.com/dr

Citi act as Technicolor’s depositary bank. The depositary bank plays a key role in issuance and cancellation of ADRs. It also maintains the ADR holder register and is the stock transfer agent.

A registered owner is one whose name appears on the books of the depositary. The registered owner is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.

Converting ordinary shares into ADRs must be done through a broker investment advisor or through Citi. Brokers can contact Citi on +1 212-723-5435  in NY, or :+ 44 207-500-2030 in London.

In a Level 1 ADR program, the ADRs are not listed on a US stock exchange, but are traded in the US Over-the-Counter (OTC) market,.. Technicolor Level 1 ADR program is approved for trading on OTCQX International Premierplatform..

The U.S. OTC trading in Level 1 ADRs is carried out by market makers using inter-dealer quotation services.

The International OTCQX is a premium market tier that distinguishes leading international companies from other securities traded in the US OTC market by the quality of their operating businesses, the excellence of their disclosure and their listing on a qualifying foreign stock exchange. Also the reporting and disclosure requirements of the International OTCQX are in line with the Company’s current standards of disclosure.

You may buy/sell your ADRs through your broker.

No. ADRs are no different than the ordinary shares, which may be bought/sold through your broker.

Not at the present time. Technicolor shares must be bought and sold through a licensed stockbroker.

By telephone:

If calling from within the USA: 1 877 248 4237 (1 877 CITI ADR)
If calling from outside the USA: 1 781 575 4555
Lines are open from 8:30am to 6:00pm EST Monday to Friday (excluding public holidays).

By email:

citibank@shareholders-online.com

Website:

http://www.citi.com/dr

By post:

Citibank Shareholder Services
PO Box 43077
Providence
RI 02940-3077
U.S.A.