QUADIENT - 2019 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

% interest

% control

Company name

Parent company

100 % 100 %

100 % 100 %

Temando LLC

Temando Holdings Pty Ltd

Parcel Pending Inc.

Mailroom Holding Inc.

Canada Neopost Canada Ltd

100 % 100 % 100 %

100 % 100 % 100 %

Neopost S.A.

Neopost Leasing Services Canada Ltd

Neopost Canada Ltd

Quadient Canada Inc.

Quadient Group AG

India Neopost India Private Ltd

100 % 100 %

100 % 100 %

Neopost International Supply Ltd

Quadient CXM India Private Ltd

Quadient Group AG

Japan Quadient Japan

100 %

100 % 100 %

Neopost S.A.

51 %

Packcity Japan

Neopost Shipping

Hong Kong Neopost Hong Kong Ltd

100 % 100 %

100 % 100 %

Mailroom Holding BV

Neopost Supply Hong Kong Ltd

Mailroom Holding BV

Australia Neopost Holdings Pty Ltd

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

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

Neopost S.A.

Neopost Australia Pty Ltd

Neopost Holdings Pty Ltd

Neopost Finance Australia Pty Ltd

Neopost Australia Pty Ltd

Quadient Australia Pty Ltd

Quadient Group AG

Neopost Shipping Holding Pty Ltd

Neopost S.A.

Temando Holdings Pty Ltd

Neopost Shipping Holdings Pty Ltd

6

Temando Pty Ltd

Temando Holdings Pty Ltd

Temando Global Services Pty Ltd

Temando Holdings Pty Ltd

Singapore Neopost Asia-Pacific (Holding) Pte Ltd

100 % 100 %

100 % 100 %

Neopost S.A.

Quadient Singapore Pte Ltd

Quadient Group AG

Brazil Quadient Software Brazil Ltda.

100 %

100 %

Quadient Group AG

China Quadient China Ltd New Zealand Temando NZ Ltd

100 %

100 %

Quadient Group AG

100 %

100 %

Temando Holdings Pty Ltd

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

31 January 2020

31 January 2019

30.1 % 13.7 % 5.3 % 5.9 % 4.0 % 3.3 % 62.2 % 37.8 %

28.7 % 14.5 %

Neopost USA Inc.

Neopost France

5.6 % 5.9 % 4.5 % 3.4 %

Neopost Ltd

Mail Finance Inc.

Neopost GmbH & Co. KG

Neopost Australia Pty Ltd

62.6 % 37.4 % 100.0 %

Main subsidiaries

Other subsidiaries

100.0 %

TOTAL

137

UNIVERSAL REGISTRATION DOCUMENT 2019