QUADIENT // 2021 Universal Registration Document

FINANCIAL STATEMENTS Quadient S.A. statements of financial position

compared with

1,101.6 thousand euros in 2021,

within the limit of five times the maximum amount as determined by Social Security. The amount of post-employment benefit obligations is determined by an independent actuarial firm based on the number of employees at the end of the financial year. This valuation takes into account the change in accounting regulations. This change in regulation relates to attributing benefits to periods of service and the caps on such benefits. The impact on Quadient S.A.'s financial statements, recorded retroactively in reserves at the beginning of 2021 financial year, represents (0.2) million euros. The Chairman remuneration consists of director’s fees and a fixed annual remuneration. Director’s fees paid to the Chairman relate to his position as a director of Quadient S.A. The amount recognized in respect of the Chairman’s total compensation is 150.0 thousand euros in 2021 compared with 150.0 thousand euros in 2020. The Chief Executive Officer’s compensation consists of a fixed salary, an annual variable salary and a director’s fee. The variable compensation is based on the Group’s results in terms of revenues, operating margin and capital employed, representing 80 of the target bonus, supplemented by specific individual performance objectives representing 20 . The variable portion of the Chief Executive Officer’s compensation represents 100 of his fixed compensation and may be increased to 150 if targets are exceeded. The amount recognized as total compensation for the Chief Executive Officer is Compensation of corporate officers 15-4:

744.6 thousand euros in 2020.

As of 31 January 2022, no loans or guarantees have been granted to any corporate officer. As of 31 January 2022, there were no post-employment commitments such as compensation, indemnities or benefits granted by the Company to its executive directors.

Compensation of non-executive 15-5: directors

As of 31 January 2022, the Board of directors of Quadient SA comprises 12 directors, including the Chairman of the Board, the Chief Executive Officer and two directors representing employees. Expenses recognized in the financial statements of Quadient SA in respect of the remuneration of non-executive directors amounted to 0.5 million euros in 2021, compared with 0.5 million euros in respect of the 2020 financial year. The non-executive directors do not receive any compensation other than that paid for their position in the Company. As of 31 January 2022, no loans or guarantees had been granted or set up in favor of the administrative organs. As of 31 January 2022, there were no post-employment commitments such as compensation, indemnities or benefits granted by the Company to its non-executive directors.

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POST-CLOSING EVENTS NOTE 16

In the context of the recent military developments in Ukraine, Quadient S.A. does not expect, at the moment, significant impacts on its financial situation.

Between the end of the financial year as of 31 January 2022 and the approval of the statutory financial statements by the Board of directors, there were no significant changes in the Company’s commercial or financial situation.

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UNIVERSAL REGISTRATION DOCUMENT 2021