NEOPOST - 2018 Registration document

3

Management report

Ownership structure

At 31 January 2017, Neopost S.A.’s share ownership broke down as follows:

Number of shares

Number of voting rights

%

%

Management and employees

704,076

2.037%

704,076

2.044%

Directors (non-executive)

65,527

0.190%

65,527

0.190%

Treasury shares held under liquidity contract

108,167

0.313%

-

-

Treasury shares held for stock option and free share allocations

4,268

0.012%

-

-

First Eagle Investment Management LLC (a)

3,482,105

10.075% 3,482,105

10,108%

3,336,247

9.653% 3,336,247

9.684%

MFS Investment Management (a)

Marathon Asset Management LLP (a)

2,149,268

6.218% 2,149,268

6.239%

1,511,288

4.373% 1,511,288

4.387%

Braun, von Wyss & Müller AG (a)

LSV Asset Management (a)

1,252,682

3.624% 1,252,682

3.636%

Norges Bank Investment Management (NBIM) (a)

1,196,571

3.462% 1,196,571

3.473%

HOOPP Investment Management (a)

1,100,219

3.183% 1,100,219

3.194%

Other shareholders

19,652,494

56.860% 19,652,494

57.046%

TOTAL

34,562,912 100.000% 34,450,477 100.000%

Source: Nasdaq at 31 January 2017. (a)

To the Group’s knowledge, no other shareholder owned more than 3% of the capital or voting rights.

For more information, please refer to chapter 7 of this registration document.

Summary of Neopost shareholder threshold crossings since 1 February 2018:

Date

Name of Investment Fund

Threshold crossed

09/01/2018

Norges Bank

Crossed the 5% threshold with 5,46% of the voting rights

22/01/2018

Norges Bank

Crossed the 5% threshold with 4.91% of the voting rights

25/01/2018

Norges Bank

Crossed the 5% threshold with 5.54% of the voting rights

26/01/2018

Norges Bank

Crossed the 5% threshold with 4.83% of the voting rights

13/03/2018

Marathon Asset Management LLP

Crossed the 5% threshold with 4.96% of the voting rights

06/04/2018

Norges Bank

Crossed the 5% threshold with 5,22% of the voting rights

19/04/2018

Norges Bank

Crossed the 5% threshold with 4.92% of the voting rights

20/04/2018

Norges Bank

Crossed the 5% threshold with 5.10% of the voting rights

02/05/2018

Norges Bank

Crossed the 5% threshold with 4.95% of the voting rights

04/05/2018

Norges Bank

Crossed the 5% threshold with 5.32% of the voting rights

27/07/2018

Norges Bank

Crossed the 5% threshold with 4.72% of the voting rights

27/07/2018

Goldman Sachs Group

Crossed the 5% threshold with 6.89% of the voting rights

02/08/2018

Goldman Sachs Group

Crossed the 5% threshold with 4.71% of the voting rights

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REGISTRATION DOCUMENT 2018 / NEOPOST