QUADIENT - 2019 Universal Registration Document

CORPORATE GOVERNANCE REPORT Remuneration of managers and directors

The total remuneration and benefits in kind paid and owed by Neopost S.A. and the companies that it controls to Denis Thiery during the financial year 2019, which ended on January 31, 2020, is allocated as follows:

Overview of the components of Denis Thiery’s remuneration in his capacity as Chairman (ln thousands of euros)

Paid or due as of January 31, 2020

Annual fixed remuneration (a)

50.0

paid: none due: none

Annual variable remuneration

2

Multi-annual variable remuneration

None

Compensation of directors (b)

12.5

Benefits in kind (company car)

3.1

Exceptional remuneration

0.0

Compensation linked to taking up roles or termination of duties

0.0

Valuation of performance shares awarded during the financial year None The gross annual fixed remuneration is 120,000 euros, paid between February 1 and June 28, 2019, prorata temporis . (a) Prorata temporis . (b)

For information - Overview of the components of Denis Thiery’s remuneration in his capacity as International coordinator (until June 30, 2018) (ln thousands of euros)

Paid or due as of January 31, 2020

Annual fixed remuneration

None

paid: 272.7 due: 0.0

Annual variable remuneration (a)

Multi-annual variable remuneration

None

Compensation of directors

None

Benefits in kind (company car)

None

Exceptional remuneration

0.0

Compensation linked to taking up roles or termination

0.0

Valuation of performance shares awarded during the financial year None The annual variable remuneration “paid” in 2019 and accrued in the exercice 2018, corresponds to the bonus for the (a) previous year. This amount was paid as part of his employment contract as International coordinator, which ended on June 30, 2018. The total remuneration and benefits in kind paid and owed by Neopost S.A. and the companies that it controls to Geoffrey Godet during the financial year 2019, which ended on January 31, 2020, is allocated as follows:

Overview of the components of Geoffrey Godet’s remuneration in his capacity as Chief Executive Officer (ln thousands of euros)

Paid or due as of January 31, 2020

Annual fixed remuneration (a)

603.3

paid: 706.6 due: 603.3

Annual variable remuneration (b)

Multi-annual variable remuneration

None

Compensation of directors

30.0

Benefits in kind (company car, unemployment insurance for business directors, supplementary retirement plan paid in cash)

193.9

Exceptional remuneration

0.0

Compensation linked to the assumption or termination of duties

0.0

Valuation of performance shares awarded during the financial year 356.4 The fixed remuneration is divided in two parts: 510,000 euros paid in France and 112,000 United States dollars paid in the (a) United States. The EUR/USD exchange rate used is the budget rate, i.e. 1.20. The annual variable remuneration “due” corresponds to the bonus provisioned in Neopost S.A. and Mailroom Holding Inc. (b) financial statements at the end of the financial year while the annual variable remuneration “paid” corresponds to the bonus paid with respect to the previous year, representing 117.12 % of the fixed remuneration paid in 2018.

51

UNIVERSAL REGISTRATION DOCUMENT 2019