QUADIENT - 2020 Universal Registration Document

CORPORATE GOVERNANCE REPORT Remuneration of managers and directors

31 January 2021 (a)

31 January 2020 (a)

(In thousands of euros)

Geoffrey Godet – Chief Executive Officer Remuneration due for the financial year

957.7

1,527.6

Valuation of multi-annual variable remuneration awarded during the financial year

-

-

Valuation of options awarded during the financial year

-

-

2

Valuation of performance shares awarded during the financial year

335.2

356.4

TOTAL

1,292.9

1,884.0

(a)

Reflects the amountpaid effectively.

SUMMARY TABLE OF REMUNERATION OF EACH EXECUTIVE DIRECTOR ❚ TABLE # 2 AFEP-MEDEF CODE ❚

31 January 2021

31 January 2020

Amounts due Amounts paid Amounts due Amounts paid

(In thousands of euros)

Didier Lamouche Annual fixed remuneration

120.0

120.0

70.0

70.0

Annual variable remuneration

-

-

-

-

Multi-annual variable remuneration

-

-

-

-

Remuneration as director

30.0

30.0

17.5

17.5

Benefits in kind

-

-

-

-

TOTAL

150.0

150.0

87.5

87.5

Geoffrey Godet – Chief Executive Officer Annual fixed remuneration (a)

607.4

607.4

603.3

603.3

Annual variable remuneration

705.1

703.3 (b)

706.6

Multi-annual variable remuneration

-

-

-

-

Remuneration as director

30.0

30.0

30.0

30.0

Benefits in kind

16.6

198.8

193.9

193.9

Exceptional remuneration (c)

243.0

-

-

-

TOTAL

896.9

1,541.3

1,527.6

1,533.9

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 exchange rate used is the budget rate, i.e. 1.15 for financial year 2020 and 1.20 for financial year 2019. Reflects the amountpaid effectively contrary to the amount displayed in the consolidated financial statements. (b) The 603,000 euros being the amount accrued initially. The exceptional remuneration is divided in two parts: 204,000 euros paid in France and 44,800 United States dollars (c) paid in the United States. The EUR/USD exchange rate used in this table is the budget rate, i.e. 1.15 for financial year 2020. This amount reflects the amountpaid effectively contrary to the amount displayed in the consolidated financial statements. The 332,000 euros amount indicated in the consolidated accounts being the amount accrued initially.

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UNIVERSAL REGISTRATION DOCUMENT 2020