QUADIENT // 2021 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

NOTE 1

PRESENTATION OF THE GROUP AND ITS CONSOLIDATED FINANCIAL

STATEMENTS

Quadient is the driving force behind the most meaningful customer experience. By focusing on three major business areas which are Intelligent Communication Automation (ICA), Mail Related Solutions (MRS) and Parcel Lockers solutions (PLS), Quadient assists on a daily basis hundreds of thousands of companies in building powerful connections with their customers and in delivering exceptional customer experiences, in a world where interaction have to be always more connected, personal and mobile. The term “Quadient S.A.” refers to the parent company (excluding consolidated subsidiaries), which is listed and registered in France, while “Quadient” and “the Group” refer to the economic group formed by the parent company and its consolidated subsidiaries. The parent company’s head office is located at 42-46 avenue Aristide Briand, 92220 Bagneux (France). Quadient shares are listed on compartment B of Euronext Paris. Quadient was created in 1992 through a Leveraged Buy-Out (LBO) of Alcatel’s mail processing equipment division. A second LBO took place in 1997. In February 1999, the Group was listed on the Paris stock exchange. Since then, Quadient has made acquisitions of various sizes. In 2002, Quadient acquired Ascom Hasler – the mailing systems division of the Swiss company Ascom – which at the time was ranked third in the world. In 2012, Quadient acquired GMC Software AG, parent company of the group GMC Software Technology AG, leader in the field of customer communication management, In 2016, Quadient acquired Icon Systemhaus GmbH, German leader in customer communication solutions, mainly active in Germany and Austria. In 2017, the Group divested its distribution subsidiaries in Indonesia, Malaysia, Singapore and Thailand and its subsidiary DMTI Spatial, provider of location-based data quality solutions acquired in 2013. In 2018, Quadient acquired 100 of the company Parcel Pending Inc., leader in the American parcel locker market and the main supplier of residential, commercial, retail and universities in the United States and Canada. In 2018, Quadient also sold its 100 stake in the company Quadient History 1-1:

Data USA (former Satori Software), one of the leaders in address quality solutions in the United States acquired in 2009. In 2019, Quadient divested Quadient Data Netherlands BV (former Human Inference), subsidiary specialized in master data management acquired in 2012. Quadient also decided the shutdown of its Australian subsidiary Temando (e-commerce shipping software) acquired in 2015 for 55 and then in 2017 for the remaining 45 . In 2019, the Group also announced its decision to change the name Neopost to become Quadient. This choice of a unified and modern brand is the result of deploying a new Group organization as part of the Group’s “Back to Growth” strategy, moving away from companies operating independent businesses to a single company with an integrated portfolio of solutions. In 2020, Quadient divested Proship Inc., subsidiary acquired in 2014, whose business was to provide automated multi-carrier shipping software. Quadient also acquired 100 of the company YayPay, leading Fintech company specialized in account receivables automation solutions. Finally, at the end of the financial year, Quadient divested the company Quadient Oceania Pty Ltd in Australia. On 22 March 2021, Quadient acquired the Canadian company Beanworks, a leader in Software as a Service (SaaS) accounts payable automation solutions. The acquisition of Beanworks completes Quadient’s software portfolio with advanced accounts payable automation capabilities. Quadient now offers a true end-to-end cloud-based global business communication platform. Quadient owns a majority stake of approximately 96 , with two key leaders retaining a minority equity stake. Quadient has a mechanism to increase its ownership up to 100 in the coming years. This investment generates a net cash-out of 73.8 million euros. Main events of the period 1-2: ACQUISITION OF BEANWORKS

6

DIVESTMENT OF THE AUTOMATED PACKAGING SOLUTIONS (APS) BUSINESS

On 30 July 2021, Quadient announced the divestment of its automated packaging solutions business (APS) along with the Drachten (the Netherlands) manufacturing. This divestment has generated a 7.0 million euros loss recorded in other operating expenses (Note 5-9).

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UNIVERSAL REGISTRATION DOCUMENT 2021

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