NEOPOST_REGISTRATION_DOCUMENT_2017

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Financial statements

Parent company statements of financial position

Note 1

Presentation of the Company

Neopost S.A. is a French law company, listed in Paris stock exchange market and located at 42-46, avenue Aristide Briand, 92220 Bagneux (France).

2013: acquisition of DMTI Spatial, the leading Canadian provider of location-based data quality solutions; 2014: acquisition of ProShip , a leading American provider of high-volume multi-carrier parcel shipping solutions; 2015: acquisition of a majority stake in Temando Holding Pty Ltd, an Australian company providing logistic solutions for the e-commerce sector. Yamato Transport and Neopost formed a joint venture to • launch an open parcel locker network in Japan; acquisition of icon Systemhaus GmbH, the German leader • in Customer Communications Management solutions. • increasing participation of Temando, the stake percentage • is 100%. Highlights of 2017: disposal of DMTI Spatial; The basic method for valuing accounting entries is the historical cost method. Since 1 st February 2005, the Company applied regulations relating to the definition, measurement and recognition of assets (CRC regulation 04-06) and amortization or depreciation (CRC regulation 02-10). Borrowings issue costs: until January 2017, the procedures for recognition of the long-standing borrowing, by the Company, were applied based on methods recommended by the PCG. Effective from 1 st february 2017, the company chose to apply the preferential method, i.e. the spreading of issue costs over the contract duration. The impact of this new method is not significant. 8.3 million euros in tax proceeds were recognized in January 2018, in respect of the claim relating to a contribution of 3%, settled during dividend distribution by the Company in 2013, 2014 and 2015. 2016: These event did not have an impact on Neopost S.A. accounts.

Key dates:

1992: Neopost S.A. is the holding Company of the Neopost group, and was created through a leveraged buyout (LBO) of Alcatel’s mail processing equipment division;

1997:

a second LBO took place;

1999: Neopost was floated on the Premier Marché of Euronext Paris stock market on 23 February at a price of 15 euros per share; 2002: acquisition of Ascom Hasler the number 3 worldwilde in Mail Solutions; 2009: Neopost enhanced its service offering with the acquisition of Satori Software, one of the world market leaders in postal address quality management tools; 2012: acquisition of GMC Software Technology, a leader in the market of Customer Communications management (CCM) and Human Inference, specialist in Data Quality and Master Data management (MDM); The financial statements closed on 31 January 2018 are prepared in accordance with the measures of the French commercial code (articles L.123-12 to L.123-28) of the ANC regulation no.2014-03 dated 05/06/2014 modified by the ANC regulation no.2016-07 dated 26/12/2016 related to the general accounting plan and the French accounting regulatory committee ( Comité de la Réglementation Comptable – CRC) regulations. The provisions regarding financial derivative instruments have been supplemented by 2015-05 Autorité des normes comptables (ANC) regulation of 2 July 2015. The following rules are applied in accordance with the prudence principle: • independence of financial years; • continuity of accounting methods from one year to another; • and in accordance with the general rules of establishment and presentation of annual financial statements. business continuity; Main accounting policies Note 2

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REGISTRATION DOCUMENT 2017 / NEOPOST