QUADIENT - 2019 Universal Registration Document

CORPORATE OVERVIEW Activities

Market

Customers

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Parcel lockers represent a nascent multi-local business. In Japan, Quadient is the market leader with more than 5,400 lockers installed and is benefitting from its first entrant position. In the United States, following the acquisition of Parcel Pending, Quadient became the leader in the residential segment in the United States, with more than 4,000 lockers installed in North America.

Parcel Locker Solutions’ customers are primarily multi-residentials, universities, retailers, logistics operators, postal authorities and carriers.

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OTHER SOLUTIONS

Divested and exited activities

In addition to the major solutions, Quadient has more solutions grouped under additional Operations including graphics activities, shipping software, and automated packing system (CVP).

In 2019, Quadient decided to exit the data quality business, resulting in two divestments: on 28 January 2019, Quadient proceeded with the ● divestment of Satori Software to Thompson Street Capital Partners (TSCP), the owner of BCC Software; on 8 February 2019, Quadient proceeded with the ● divestment of Human Inference to EDM Media Group. In September 2019, Quadient decided to execute a phased shutdown of the activity of its subsidiary Temando (shipping software dedicated to e-commerce) which was part of its Additional Operations. The business was subject to an orderly shutdown over time, subject to Temando’s legal obligations to its customers and other stakeholders. In 2019; this subsidiary recorded sales below 3 million euros and an operating loss of about 3 million euros. In February 2020, Quadient decided to divest its subsidiary ProShip, a global provider of automated multi-carrier shipping software, to FOG Software Group, a division of Constellation Software, Inc, a company listed in Toronto, Canada. Pursuant to its stated strategy to “Grow, Improve or Exit” the businesses within its Additional Operations segment, Quadient will continue carefully assessing each of the activities into 2020.

Graphic activities

Quadient distributes a wide range of equipment for print finishing including guillotines, binding machines, laminating machines, paper folding machines for any type of format. These graphics solutions are available primarily in the Nordic countries and in Australia.

Shipping software solutions

Multi-carrier shipping platforms streamline fulfillment, generate labels, and create transport documents. Available in stand-alone solutions, interfacing with existing information systems or integrated with e-commerce platforms, these solutions adjust to the needs and volumes handled by retailers and online retailers. Quadient also offers online and mobile solutions based on EDI (Electronic Data Interchange), RFID (Radio Frequency IDentification) or bar code data capture technologies to track and locate mail pieces and register proof of delivery.

Automated Packing System (CVP)

The automated packing solutions CVP address the specific needs of e-commerce. The system builds fit-to-size packages that reduce package volume by up to 50 % , saving on cardboard consumption and eliminating the need for void fill as well as providing significant savings in transportation costs.

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UNIVERSAL REGISTRATION DOCUMENT 2019