QUADIENT - 2020 Universal Registration Document

CORPORATE OVERVIEW Activities

1.1.4

OTHER SOLUTIONS

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Divested and exited activities

In addition to the solutions detailed above, Additional Operations represent a pool of activities including graphics solutions, shipping software, and automated packaging systems.

In 2020, Quadient continued the roll-out of its plan to divest businesses that are not synergistic with its Major Solutions. In February 2020, Quadient sold 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. More recently, in January 2021, Quadient sold its graphics activities in Australia and New Zealand to Smartech Business Systems Australia Pty, a technology solutions provider and a long-term partner working with Quadient in the Asia-Pacific region. As a reminder, after divesting its data quality business (Satori Software and Human Inference), Quadient decided in September 2019 to execute a phased shut-down of its subsidiary Temando (shipping software dedicated to e-commerce), which was part of its Additional Operations. In 2020, Quadient finalized this shut-down process. Temando's contribution to 2020 revenue and profitabitlity was not material. In 2021, Quadient remains committed to execute on its announced strategy to “Grow, Improve or Exit” the activities within its Additional Operations segment, and as such the company will continue to carefully assess the fit of each of businesses with the rest of the organization.

Graphics activities

Quadient distributes a wide range of equipment for print finishing, including guillotines, binding machines, laminating machines and paper-folding machines for any type of format. Following the divestment of the Company’s graphics business in Australia and New Zealand in January 2021, these graphics solutions are primarily available in the Nordic region and Italy.

Shipping software solutions

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

Automated Packaging Systems (Packaging by Quadient)

Quadient's automated packaging solutions address the specific needs of e-commerce logistics. Available in two versions, CVP Impack and CVP Everest, respectively producing up to 500 and 1,100 fit-to-size boxes per hour, these systems help reduce shipping volume by up to 50 due to an optimized box size, generating savings on cardboard consumption and eliminating the need for void fill, as well as providing significant savings in labor and transportation costs.

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UNIVERSAL REGISTRATION DOCUMENT 2020