QUADIENT - 2019 Universal Registration Document

6

FINANCIAL STATEMENTS Neopost S.A. statements of financial position

Treasury shares

At 31 January 2020, the Group has 132,468 shares held for compared with 152,142 shares and 8,349 shares as at the liquidity contact and 5,968 shares to fulfil the 31 January 2019.

commitments on the stock-option and free share attribution programs for employees and Group executives,

31 January 2019

31 January 2020

Number

Added

Used Non-used Number

TOTAL

8,349

0.3

-

(0.2)

-

5,968

0.1

Deferred incentive plan (phantom share plan)

The liability is recognized when the phantom shares price at the end of the financial year. At each closing are attributed and the expense, spread out on the date, the provision is revaluated based on the last acquisition period, represents the valuation of the Quadient share price and the headcount variation. number of phantom shares attributed at the last share

Since 2013, five deferred incentive plans were set up. This provision is adjusted at each closing, changes that occurred during 2019 financial year are not significant.

Since February 2018, no more phantom shares have been granted. All information related to former phantom share plans are disclosed in previous registration documents.

Number of phantom shares granted to Neopost S.A. employees

Deferred incentive plan in force during the fiscal year 2019

Plan July 2016

3,700

Plan March 2017

2,100

212

UNIVERSAL REGISTRATION DOCUMENT 2019