NEOPOST - 2018 Registration document

6

Financial statements

Neopost S.A. statements of financial position

For information - Overview of the components of the remuneration of Denis Thiery, with regard to his employment contract of International coordinator (until 30 June 2018)

Paid or due as of 31 January 2019

(ln thousands of euros) Annual fixed remuneration (a)

276.3

Annual variable remuneration (b)

paid : 55.2 - due: 221.1

Multi-annual variable remuneration

None

Director’s fees

0.0

Benefits in kind (company car, unemployment insurance for business directors)

0.0

Exceptional remuneration

None

Compensation linked to taking up roles or termination (c)

249.4

Valuation of performance shares awarded during the financial year 0.0 The fixed remuneration is divided in two parts: 530,400 euros paid in France and 172,380 United States dollars paid in the United States. The (a) exchange rate EUR/USD used is 1.30. The annual variable remuneration “due” corresponds to the bonus provisioned (quantitative objectives) in Neopost S.A. and Mailroom Holding (b) Inc. financial statement at the end of the financial year while the annual variable remuneration “paid” corresponds to the individual part (qualitative objectives) of the bonus, which performance has been assessed at 100%. The collective part (quantitative objectives) are due in 2019, after accounts closing. Retirement indemnities related to his employment contract in application of the collective agreement, paid to Denis Thiery, who exercised his (c) retirement rights. This indemnity represents an amount representing 3 months of his average compensation (fixed and variable) over the last 12 months, taking into account the variable compensation paid for the 2017 financial year

SUMMARY OF DIRECTORS’ FEES AND OTHER REMUNERATION OF CORPORATE OFFICERS

(In thousands of euros)

31 January 2019

31 January 2018

Denis Thiery – Chairman (a) Directors’ fees

30.0

30.0

Other remuneration

-

-

TOTAL

30.0

30.0

Geoffrey Godet – Chief Executive Officer Directors’ fees

15.0

-

Other remuneration

-

-

TOTAL

15.0

-

(a) Diector's fees paid relate to his appointment at Neopost S.A.

Compensation or benefit likely to be paid in case of termination or change in function

Non-compete clause compensation

Employment contract

Supplementary pension plan

Corporate officers (as at 31 January 2019)

Denis Thiery – Chairman

no

no

no

no

Start of the mandate: 12 January 2010 End of the mandate: General Meeting called to approve the

financial statements as at 31 January 2019 Geoffrey Godet – Chief Executive Officer

no

yes

yes

no

Start date of the mandate: 1 February 2018 End date of the mandate: General Meeting called to approve the financial statements as at 31 January 2021

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REGISTRATION DOCUMENT 2018 / NEOPOST