NEOPOST - 2018 Registration document

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Corporate governance report

Remuneration of managers and directors

SUMMARY TABLE OF REMUNERATION AND OPTIONS AND SHARE GRANTED TO EACH EXECUTIVE DIRECTOR TABLE # 1 AFEP-MEDEF CODE

(In thousands of euros)

31 January 2019

31 January 2018

Denis Thiery – Chairman Remuneration due for the financial year

117.9

1,379.1

Valuation of multi-annual variable remuneration awarded during the financial year

-

-

Valuation of options awarded during the financial year (a)

-

-

Valuation of performance shares awarded during the financial year (a)

-

517.7

TOTAL

117.9

1,896.8

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

(In thousands of euros)

31 January 2019

31 January 2018

Geoffrey Godet - Chief Executive Officer Remuneration due for the financial year

1,234.1

0.0

Valuation of multi-annual variable remuneration awarded during the financial year

-

-

Valuation of options awarded during the financial year (a)

-

-

Valuation of performance shares awarded during the financial year (a)

369.3

0.0

TOTAL

1,603.4

0.0

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

SUMMARY TABLE OF REMUNERATION OF EACH EXECUTIVE DIRECTOR TABLE # 2 AFEP-MEDEF CODE

31 January 2019

31 January 2018

Amounts due

Amounts paid

Amounts due

Amounts paid

(In thousands of euros)

Denis Thiery – Chairman & Chief Executive Officer Fixed remuneration

70.0

70.0

663.0

663.0

Annual variable remuneration (a)

-

598.3

663.0

562.1

Multi-annual variable remuneration

-

-

-

-

Director’s fees

30.0

30.0

30.0

30.0

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

17.9

17.9

23.1

23.1

TOTAL

117.9

716.2 1,379.1 1,278.2

Geoffrey Godet – Chief Executive Officer Fixed remuneration (b)

603.3

603.3

-

-

603.3

-

-

-

Annual variable remuneration (a)

Multi-annual variable remuneration

-

-

-

-

Director’s fees (c)

15.0

15.0

-

-

Benefits in kind (unemployment insurance for business directors)

12.5

12.5

-

-

TOTAL - The annual variable remuneration in the column “amounts due” corresponds to the bonus provisioned in the financial statements of Neopost (a) S.A. and Mailroom Holding Inc. at the end of the financial year while the column “amounts paid” corresponds to the actual bonus payment relative to the previous year. The fixed remuneration is divided in two parts : 510,000 euros paid in France and 112,000 United States dollars paid in the United States. The (b) exchange rate used is the budget rate, i.e. 1.20. Prorata temporis. (c) 1,234.1 630.8 -

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REGISTRATION DOCUMENT 2018 / NEOPOST