QUADIENT - 2020 Universal Registration Document

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CORPORATE GOVERNANCE REPORT Statutory Auditors’ report on related party agreements

Statutory Auditors’ report on related 2.9 party agreements

Annual General Meeting held to approve the financial statements for the financial year ended January 31, 2021. To the Annual General Meeting of QUADIENT S.A.. In our capacity Statutory Auditors of your Company, we hereby present to you our report on related party agreements. On the basis of information made available to us, we are responsible for communicating to you the characteristics and essential terms of, and the grounds supporting the company’s interest in, the agreements of which we have been informed of or that we discovered during our assignment, without having to express our own opinion on their utility or appropriateness or being required to seek whether other agreements and commitments exist. Pursuant to Article R.225-31 of the French Commercial Code (Code de commerce) , you are responsible for assessing the interest in entering into these agreements and commitments in view of their approval. In addition, we are responsible for communicating to you the information contemplated by Article R.225-31 of the French Commercial Code (Code de commerce) relating to the performance over the period under review of the agreements already approved by the Annual General Meeting. We carried out the procedures which we deemed necessary in compliance with the professional standards of the French Institute of Statutory Auditors (Compagnie nationale des Commissaires aux comptes) relating to this type of engagement.

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AGREEMENTS SUBMITTED FOR APPROVAL TO THE ANNUAL GENERAL MEETING

We hereby inform you that we have not been notified of any agreements authorized during the year ended January 31, 2021 to be submitted to the Annual General Meeting for approval in accordance with Article L.225-38 of the French Commercial Code (Code de commerce) .

2.

AGREEMENTS PREVIOUSLY APPROVED BY THE ANNUAL GENERAL MEETING

We hereby inform you that we have not been notified of any agreements previously approved by the Annual General Meeting and the performance of which may have continued during the year ended January 31, 2021.

Paris and Paris-La Défense, on May 11, 2021

The statutory auditors French original signed by

FINEXSI AUDIT Lucas ROBIN

ERNST & YOUNG et Autres May KASSIS-MORIN

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UNIVERSAL REGISTRATION DOCUMENT 2020