NEOPOST_REGISTRATION_DOCUMENT_2017

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Corporate governance report

Management team

Management team

The key task of the management team is to help 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 solutions director

Daniel Malouf

Neopost Shipping director

Jean-François Labadie

Finance & legal 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 28/02/2018. (a)

The Chief Executive Officer

Geoffrey Godet

Appointed Chief Executive Officer of Neopost as of 1 February 2018, Geoffrey

Group is present in the United States, France, the United

Kingdom, Germany, the Nordic countries, China and India. Godet, 40, is a dual French and American Since 2004, Geoffrey has been Chief Executive Officer of citizen and a graduate of HEC. He has Flatirons Solutions, based in California, and most recently was spent his entire career with the Flatirons Chairman and Chief Executive Officer of Jouve, based in Paris. Jouve Group, a leader in digital solutions Prior to that, he was successively marketing and for banking, insurance, healthcare, communications director, Head of the cultural heritage manufacturing, aeronautics, publishing, digitization division and managing director of Jouve Aviation media and education. The Flatirons Jouve Solutions.

Remuneration of managers and directors

The gross remuneration of the management team on 31 January 2018, including the Chairman & CEO Denis Thiery, is as follows:

(In thousands of euros)

31 January 2018

31 January 2017

Remuneration of the management team Fixed remuneration

2,698.8

2,640.7

Variable annual remuneration

1,661.1

1,570.7

Variable multi-annual remuneration

-

-

Benefits in kind (company cars, social security for business directors)

268.9

145.9

Directors’ fees

30.0

30.0

Valuation of stock options (a)

-

-

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

1,579.0

749.0

TOTAL

6,237.8

5,136.3

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

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REGISTRATION DOCUMENT 2017 / NEOPOST