QUADIENT - 2020 Universal Registration Document

FINANCIAL STATEMENTS Quadient S.A. statements of financial position

BOARD MEMBERS

in the event that no extraordinary meetings are ● convened, the 3,000 euros shall be allocated to each person in proportion to his or her actual attendance at the (ordinary) scheduled meetings; the total attendance remuneration (variable portion) is ● therefore a maximum of 16,000 euros per year, and the annual total amount of attendance remuneration is a maximum of 31,500 euros. The committees’ fees are subject to assiduity. committee members: 10,000 euros per year; ● committee Chairperson: 20,000 euros per year. ● These remuneration criteria described above will be applied as part of 2020's director's remuneration policy. The non-executive directors do not receive any remuneration from Quadient S.A. other than compensation of directors. As of 31 January 2021, no loans or guarantees have been granted to any director. As of 31 January 2021, no post-appointment commitments such as remuneration, compensation or benefits have been granted to its officers by the Company.

The methods for calculating the remuneration of non-executive directors (formerly attendance fees) are as follows: director’s basic fees: 15,500 euros per year. ● The Board of Directors met twelve times during financial year 2020: attendance remuneration I: maximum of 13,000 euros ● per year for (ordinary) scheduled meetings; amount may be reduced based on personal attendance at each meeting (attendance remuneration I = 13,000 euros/ number of ordinary meetings * attendance rate at these scheduled meetings); attendance remuneration II: maximum of 3,000 euros ● per year, regardless of the number of extraordinary meetings convened during the year; amount may be reduced based on personal attendance at each of these meetings (attendance remuneration II = 3,000 euros/ number of extraordinary meetings * attendance rate at these unscheduled meetings);

HEADCOUNT NOTE 16

6

The number of employees of Quadient S.A. as at 31 January 2021 is 43.

POST-CLOSING EVENTS NOTE 17

In February 2021, Quadient exercised the option of early reimbursement at par of its bond 2.5 for an amount of 163.2 million euros. On 22 March 2021, Quadient announced the acquisition of the FinTech Beanworks, leader in SaaS accounts payable automation solutions. Quadient holds 96 of Beanworks for an amount of approximately 70 million euros excluding the costs related to the deal.

Between the end of the financial year at 31 January 2021 and the approval of the statutory financial statements by the Board of Directors, there were no significant changes in the Company’s commercial or financial situation.

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UNIVERSAL REGISTRATION DOCUMENT 2020