QUADIENT // 2021 Universal Registration Document

6

FINANCIAL STATEMENTS Quadient S.A. statements of financial position

31 January 2021

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31 January 2022

Number

Amount

Number

Amount

Number

Amount

Number

Amount

Number

Amount

Liquidity contract

153,863

2.8 644,293

14.0 (633,897)

(13.6)

-

-

164,259

3.2

Coverage of obligations

19,504

0.5 100,000

2.6

-

- (23,700)

(0.6)

95,804

2.5

TOTAL

173,367

3.3 744,293

16.6 (633,897)

(13.6) (23,700)

(0.6)

260,063

5.7

NOTE 7

TRANSACTIONS IN FOREIGN CURRENCIES

A translation adjustment is determined for each asset or between assets and liabilities denominated in one liability denominated in a foreign currency, at the currency and having the same maturity, to determine closing exchange rate. Translation differences are offset the foreign exchange losses provision.

Assets and liabilities translation differences are offset

out at 4.8 million euros and the translation adjustment

between hedging financial instruments (exchange rate liability at 6.7 million euros. futures) and the appropriate receivables and payables, to determine the provision. This offset amounted to 6.7 million euros as of 31 January 2022 and the provision is recorded for an amount of 0.1 million euros. As of 31 January 2022, the translation adjustment asset comes

The revaluation of the current accounts in foreign currencies, bank accounts in foreign currencies and associated hedges is accounted in the financial result of Quadient S.A.

SHAREHOLDERS’ EQUITY NOTE 8

Capital

Reserves and retained earnings 8-3:

8-1:

As of 31 January 2022, the share capital totalled 34.6 million euros divided into 34,562,912 ordinary shares with a par value of 1 euro each, the share capital is fully released. There was no change during financial year 2021.

This item mainly comprises cumulated net income over the years and dividend payments.

Dividend per share 8-4:

Additional paid-in capital 8-2:

Retained earnings before appropriation of 2021 net income amount to 326.8 million euros as of 31 January 2022 compared with 314.2 million euros as of 31 January 2021. A dividend of 0.55 euros, 10 higher than last financial year, should be paid, subject to 16 June 2022 General Meeting’s approval in relation to the 2021 financial results. If approved, the dividend will be paid in cash and in one instalment. The dividend distributed in relation to the 2020 financial results was 0.50 euros, and it was paid in cash the 9 August 2021.

Additional paid-in capital represents the net amount received by the Company in excess of the par value on issuance, fully distributable. As of 31 January 2022, additional paid-in capital amounts to 52.9 million euros. There was no change during 2021 financial year.

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UNIVERSAL REGISTRATION DOCUMENT 2021