QUADIENT // 2021 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

SEGMENT INFORMATION NOTE 6

Quadient’s activity is split into two big categories: the Major Operations and the Additional Operations. Major Operations ● Quadient focuses on three major solutions which are businesses where Quadient has already built strong legitimacy and that have the potential to reach a significant size and/or provide significant growth potential. These solutions are (1) the Mail-Related solutions, (2) the Intelligent Communication Automation and (3) the Parcel Locker Solutions. Intelligent Communication Automation groups the old solutions Business Process Automation and Customer Experience management. From a geographical standpoint, Quadient concentrates its efforts on twelve countries gathered in four segments: North America (NORAM), France - Benelux

(FR-BNL), Germany, Austria, Switzerland, Italy (DACH-IT) and United Kingdom -Ireland (UK-IE). The fifth segment, the International segment, groups two activities: the Parcel Lockers in Japan and Intelligent Communication Automation in the other regions of the world. The segment “Innovation” includes in 2021 and in 2020 the charges linked to the development of new projects for Customer Experience management. Additional Operations ● The portfolio of additional operations includes operations outside the main geographies as well as other activities, in particular graphics activities, other shipping software solutions and the automated packing system (CVP) divested at the end of July 2021.

Quadient’s net income breaks down by segment as follows:

Interna

Inno vation

Major Operations

Additional Operations

31 January 2022

FR-BNL NORAM DACH-IT UK-IE

tional

Total sales

1,024.3

188.0 519.3 99.9 83.4 51.7

0.1

942.4

81.9

6

Segment income

146.8

41.8 82.7 12.2 9.1

4.3 (3.3)

146.8

0.0

22.2

15.9

12.2 10.9

8.3

n/a 15.6

0.0

14.3

in percentage

Expenses related to acquisitions

(11.8)

Current operating income

135.0

Structure optimization expenses

(9.4)

Proceeds from net assets sales

0.4

Other operational expenses and income

(10.3)

Operating income

115.7

Financial result

(7.8)

Share of results of associated companies

1.1

Income taxes

(19.7)

NET INCOME

89.3

185

UNIVERSAL REGISTRATION DOCUMENT 2021