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5

Financial statements

Consolidated financial statements

Company name

Parent company

% interest

% control

Singapore Neopost Asia-Pacific (Holding) Pte Ltd

Neopost S.A.

100% 100%

Quadient Singapore Pte Ltd

Quadient Group AG

100% 100%

Brazil Quadient Software Brazil Ltda.

Quadient Group AG

100% 100%

China Quadient China Ltd New Zealand Temando NZ Ltd

Quadient Group AG

100% 100%

Temando Holdings Pty Ltd

100% 100%

The most important subsidiaries, in term of percentage of Group sales, are the following:

31 January 2018

31 January 2017

Neopost USA Inc.

28.8%

29.0%

Neopost France

14.5%

14.5%

Neopost Ltd

5.9%

7.6%

Mail Finance Inc.

5.9%

5.6%

Neopost GmbH & Co. KG

4.5%

4.3%

Neopost Australia Pty Ltd

4.2%

4.1%

63.8%

65.1%

Other subsidiaries

36.2%

34.9%

TOTAL

100.0% 100.0%

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REGISTRATION DOCUMENT 2017 / NEOPOST