QUADIENT - 2019 Universal Registration Document

1

CORPORATE OVERVIEW Organizational structure

Organizational structure 1.3

1.3.1

HEAD OFFICE

Quadient’s head office is in Bagneux, France, in the Paris described below are held by wholly owned subsidiaries of region. All the strategic assets such as research and Neopost S.A. , the parent company of the Group (1) . development, production and distribution activities

1.3.2

RESEARCH AND DEVELOPMENT CENTERS

Quadient has several research and development centers. The main R&D centers are located in Bagneux (France), Drachten (the Netherlands), Loughton (United Kingdom), Hradec Kràlové (Czech Republic), Cavaillon (France), Irvine (United States) and Milford (United States).

More than 750 engineers and technicians work in the R&D field at Quadient.

1.3.3

PRODUCTION CENTERS

Quadient has three production and assembly centers: Le Lude (France) for high-end mailing systems, Drachten (the Netherlands) for mid-range folders/inserters and the automated packing systems CVP and Loughton (United Kingdom) for high-end folders/inserters.

assemble entry-level to mid-range mailing systems and entry-level folders/inserters for Mail-Related Solutions. This team also provides solutions for parcel lockers, notably for both Packcity and Parcel Pending brands. The Memphis (United States) center is responsible of logistics and customization of products for North America.

A team based in Hong Kong manages Quadient’s network of subcontractors in Asia. Quadient subcontractors All these centers employ approximately 650 people.

1.3.4

DISTRIBUTION

Quadient’s international sales network is a key asset of its business. The Company has wholly owned subsidiaries and branches in 29 countries: Australia, Austria, Belgium, Brazil, Canada, China, Czech Republic, Denmark, Finland, France, Germany, Hungary, India, Ireland, Italy, Japan, Luxembourg, Mexico, the Netherlands, Norway, New Zealand, Poland, Singapore, Spain, Sweden, Switzerland, Taiwan, the United Kingdom and the United States.

Quadient also has a network of local distributors in about 60 countries in addition to the countries covered by its subsidiaries. Generally speaking, these distributors are independent, essentially dedicated to Quadient products and have signed long-term distribution contracts with Quadient.

(1) Please note that as the legal name of the holding company is still Neopost S.A., the holding company’s legal name will formally change pursuant to the resolution to be submitted to shareholders at the 2020 General Meeting for an approval of an amendment to the Company's Articles of Association to change the Company's name from Neopost S.A. to Quadient S.A.

24

UNIVERSAL REGISTRATION DOCUMENT 2019