QUADIENT // 2021 Universal Registration Document

CORPORATE GOVERNANCE REPORT Board of directors

There are no potential conflicts of interest for the corporate officers and directors between their duties to Quadient and other interests or duties to which they may be bound. As previously disclosed, the Company had arm's length relationship with La Redoute via one of our subsidiaries, Temando SAS. Eric Courteille who was Chief Executive Officer of La Redoute had business links with Temando SAS, a subsidiary of Quadient. This contract was

terminated in June 2021, after which the Company completed the legal dissolution of the subsidiary in January 2022. No arrangements or agreements have been made with the principal shareholders, customers, suppliers or other parties, by virtue of which any of the corporate officers has been selected as a member of an administrative, management or supervisory body or as a member of the general management.

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INTERNATIONAL COMPOSITION, GENDER EQUALITY AND DIVERSITY ON THE BOARD ❚

Indicator

2021

2020

Non-French national directors

5 (a)

5 (a)

non-French nationality

42 (a)

42 (a)

Number of women

4

4

women 40 (b) Geoffrey Godet has a dual French and American nationality. Nathalie Labia, the employee representative director who (a) has dual French and Brazilian nationalities, is also taken into account for the purpose of this ratio in 2021. In accordance with French legislation and the Afep-Medef code, employee representative directors are not taken into (b) account when determining the proportion of women on the Board of directors. 40 (b)

The Board of directors ensures a balance in its composition and that of its committees in particular through the diversity and complementarity of experience, skills and professional expertise. The criteria prevailing in the process of selecting talents sought to renew or supplement those already present within the Board are as follows: independence, skills, international experience, ● motivation, availability; alignment with the strategy of the Company; ● adequacy with the current composition and ● appropriate evolution of the Board of directors; maintaining of the appropriate number of independent ● directors; balanced gender representation, nationalities and ● expertise. Upon taking office and in order to ease a smooth transition as a Board member, all new directors receive the documentation required to perform their duties. This documentation includes the Company’s articles of association, the rules of procedure of the Board and its committees, the stock market code of ethics (to be signed) together with the annual calendar of authorized periods to trade on Quadient’s securities, the annual schedule of Board and committee meetings, the date of the General Meeting and the most recent universal registration document. In addition, each new director meets with members of Quadient’s senior management to gain a deeper knowledge of the Company, its businesses and markets. Each year, the directors attend at least one specific Board meeting on strategy. During this specific “strategy session”, the management presents a number of topics for Training and induction of new directors

As explained in sections 2.1.2 to 2.1.6 above-mentioned, the vast majority of the Board members has extensive international experience. 42 of them have a non-French nationality. Four of the ten non-employee Board members are women (excluding employee representative, who are not taken into account when determining gender parity), bringing their current representation on the Board to 40 as of 31 January 2022. Each director contributes to the Board’s diversity through their respective career path, education, experience, age and nationality.

discussion concerning the Company’s execution of its strategy and future planning, the evolution of its markets, solutions, customers and internal organization, and the organic and inorganic investment opportunities to accelerate the Company’s transformation. Additionally, each new director is registered with the French Institute of directors (IFA). The employee representative directors receive dedicated training from the IFA. All directors receive press releases issued by the Company.

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UNIVERSAL REGISTRATION DOCUMENT 2021