NEOPOST - 2018 Registration document

2

Corporate governance report

Management team

Management team

The key task of the management team is to help to draw up the Group’s strategic decisions and coordinate their implementation worldwide. On 1 February 2018, it consisted of the following:

Geoffrey Godet

Chief Executive Officer

Henri Dura

Enterprise Digital Slutions director

Daniel Malouf

Neopost Shipping director

Jean-François Labadie

Finance director

Thierry Le Jaoudour

Technology and innovation director

Dennis LeStrange

SME Solutions director

Nikolaus Scholz (a)

Strategy & marketing director

Gil Wozelka

Chief People & Transformation director

Nikolaus Scholz left the Company on 02/28/2018. (a)

From 1 February 2019 on, the Chief Executive Officer and his direct reports are the following :

Geoffrey Godet

Chief Executive Officer

Stéphanie Auchabie

Chief people director

Brandon Batt

Transformation director

Henri Dura

Group chief solutions director

Laurent Du Passage

Chief of Staff

Jean-François Labadie

Group finance director

Steve Rakoczy

Digital director

The newly created remuneration and appointments committee has initiated the Diversity Plan to promote all type of diversity within the Neopost group. Today, the management team is composed of different nationalities and includes a woman.

The Neopost Senior Leader Conference, an annual conference gathering the 110 highest positions in the Neopost group,

includes 13% of women.

Remuneration of managers and directors

Management team

The gross remuneration of the management team on 31 January 2019, including the Chief Executive Officer, Geoffrey Godet, is as follows:

(In thousands of euros)

31 January 2019

31 January 2018

Fixed remuneration

2,793.3

2,698.8

Variable annual remuneration

3,136.4

1,661.1

Variable multi-annual remuneration

-

-

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

482.0

268.9

Directors’ fees

15.0

30.0

Valuation of stock options (a)

-

-

Valuations of attribution of securities giving access to capital (a)

793.9

1,579.0

TOTAL

7,220.6

6,237.8

The indicated amount corresponds to the total award for the financial year. (a)

35

REGISTRATION DOCUMENT 2018 / NEOPOST