QUADIENT // 2021 Universal Registration Document

FINANCIAL STATEMENTS Analysis of Quadient S.A.’s annual results

31 January 2022 Number of invoices

Trade payables – Ageing Not due • Between 1 and 30 days • Between 31 and 60 days • Between 61 and 90 days • More than 90 days •

10.6

143

0.3

11

0.1

3

0.1

5

0.1

31

TOTAL

11.2

193

Suppliers are contractually paid within 30 days.

31 January 2022 Number of invoices

Trade receivables – Ageing Not due • Between 1 and 30 days • Between 31 and 60 days • Between 61 and 90 days • More than 90 days •

14.4

136

0.1

6

0.6

14

-

0

1.2

53

TOTAL

16.3

209

6

Customer payments are contractually collected within 30 days. Trade receivables due for more than 90 days mainly concern the Australian subsidiaries.

6.3.8

FIVE-YEAR RESULTS TABLE

31/01/2018 31/01/2019 31/01/2020 31/01/2021

31/01/2022

Share capital Capital at year-end closing

34.6

34.6

34.6

34.6

34.6

Number of shares

34,562,912 34,562,912 34,562,912 34,562,912 34,562,912

Operations and earnings Sales excluding tax

45.3

33.8

34.9

33.7

30.7

Earning before taxes, depreciation/amortization and provisions

89.0

97.4

83.1

(6.5)

84.4

Income taxes

9.9

10.3

6.4

6.6

5.5

Amortization expense and provisions

(20.0)

(69.2)

(78.4)

29.5

13.8

Net income

78.9

38.5

11.1

29.6

103.7

Distributed earnings

58.5

18.2

12.0

17.2

18.9

225

UNIVERSAL REGISTRATION DOCUMENT 2021