QUADIENT // 2021 Universal Registration Document

2

CORPORATE GOVERNANCE REPORT Board of directors

2.1.8

WORK OF THE BOARD OF DIRECTORS

During the financial year ended 31 January 2022, the 12 members of the Board of directors met twelve times, (physically as well as virtually), with a global attendance rate of 92 . On average, the meetings lasted 3 hours and 4 minutes. Directors’ participation at Board meetings in the financial year 2021:

Attendance rate Number of meetings

100 100 100 100 100 100 100 100 100 100 100 100 0 83

Geoffrey Godet

12/12

Didier Lamouche

12/12

Martha Bejar

12/12

Hélène Boulet-Supau

12/12

Éric Courteille

12/12

Virginie Fauvel (a)

0/8

William Hoover Jr (b)

5/6

Vincent Mercier

12/12

Richard Troksa

12/12

Nathalie Wright

12/12

Christophe Liaudon

12/12

Nathalie Labia

12/12

Paula Felstead (c)

2/2

Sébastien Marotte (d) 4/4 Virginie Fauvel resigned from the Board September 2021 and Paula Felstead coopted the term in connection with Virginie (a) Fauvel’s resignation. William Hoover, Jr. resigned from the Board July 2021, and Sébastien Marotte was subsequently appointed for a (b) three-year period. Paula Felstead was coopted by the Board on 24 September 2021 (c) Sébastien Marotte was appointed by the AGM on 1 July 2021 (d)

The main themes discussed at Board meetings in 2021 were as follows:

Monitoring the Company’s strategy and organization over a three-year plan - Results of the Strategy and corporate social responsibility committee’s work - Financial communications and investor relations - Review of the acquisitions, divestments and other strategic projects underway - Creation of a Market Abuse Regulation Committee ("MAR") -

Strategy

Analysis on the Company business plan - Review and monitor the Board members’ independence under the definition provided in the rules of - procedure Proper timing and administration for the 2021 General Meeting due to COVID-19 restrictions - Regular review of the Company’s markets, solutions and customer needs - Assess technical risks and opportunities related to the Company’s research and development, - innovation and Supply chain activities Remuneration policy of the Chairman and the Chief Executive Officer - Monitor the Company’s organization and human resources priorities - Monitor the Company’s activities related to environmental, social and governance risks and - opportunities Results of the work conducted by the audit committee concerning audits and evaluation of the internal - control system in the Group Approval of the report on the work of the Board related to internal control and risk management - procedures

Corporate Governance

Business and customers

Internal controls

Highlights, presentation and analysis of 2020 financial year results - Budget and outlook for 2021 financial year - Forecasts and quarterly results -

Finance

Approval of the annual and interim consolidated financial statements for Quadient - Approval of the annual and interim individual financial statements for Quadient S.A. - Cash and debt positions, dividends, launch and monitoring of share buyback programs - Refinancing operations -

38

UNIVERSAL REGISTRATION DOCUMENT 2021