QUADIENT - 2019 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

3-4: List of subsidiaries as at 31 January 2020

COMPANIES CONSOLIDATED USING THE EQUITY METHOD

% interest

% control

Company name

Parent company

France Docapost BPO IS

35 % 24 %

35 % 24 %

Neopost S.A.

AMS Investissement

Neopost S.A.

FULLY CONSOLIDATED COMPANIES

% interest

% control

Company name

Parent company

France Neopost S.A.

-

-

-

100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 %

100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 %

Neopost France

Neopost S.A.

Neopost Technologies

Neopost France

Neopost Industrie

Neopost S.A./Neopost Technologies

Mail Finance SAS

Neopost S.A./Neopost France

Neopost Services

Neopost S.A.

Neopost Shipping

Neopost S.A.

Quadient France SAS

Quadient Group AG

Packcity SAS

Neopost S.A.

75 % 66 %

Packcity France

Packcity SAS

Packcity Geopost

Packcity France

100 %

Temando SAS

Temando Holdings Pty Ltd

6

Netherlands Mailroom Holding BV

100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 % 100 %

Neopost S.A.

Neopost Technologies BV

Mailroom Holding BV

Neopost BV

Mailroom Holding BV

Neopost Finance BV

Neopost BV

United Kingdom Neopost Holdings Ltd

Neopost S.A.

Neopost Ltd

Neopost Holdings Ltd

Neopost Finance Ltd

Neopost Ltd

Neopost International Supply Ltd

Neopost Holdings Ltd

Quadient Technologies UK Ltd

Quadient Technologies Holdings UK Ltd

Quadient Technologies Holdings UK Ltd

Neopost S.A.

Quadient Data UK Ltd

Neopost Ltd

Quadient UK Ltd

Quadient Group AG

The Ink People Ltd

Neopost Ltd

DCS Ltd

Neopost Ltd

Temando UK Ltd

Temando Holdings Pty Ltd

Neopost Shipping Ltd

Neopost Ltd

Germany

Neopost S.A./Neopost Verwaltung GmbH

Neopost GmbH & Co. KG

Neopost Leasing GmbH

Neopost GmbH & Co. KG

Neopost Verwaltung GmbH

Neopost S.A.

Rena GmbH

Neopost S.A.

FrancoTech GmbH

Neopost GmbH & Co. KG

Neopost Software GmbH

Neopost GmbH & Co. KG

Quadient Germany GmbH

Quadient Group AG

icon Systemhaus GmbH

Neopost Software GmbH

135

UNIVERSAL REGISTRATION DOCUMENT 2019