QUADIENT // 2021 Universal Registration Document

2

CORPORATE GOVERNANCE REPORT Remuneration report

7° Benefits in kind The Chief Executive Officer benefits from the current life and disability insurance and supplemental health insurance schemes, unemployment insurance for company directors, a company car, assistance with filing his annual French and United States tax declarations and reimbursement of reasonable business expenses incurred while performing his duties, on presentation of appropriate receipts, in accordance with the Company’s policy. The Chief Executive Officer does not receive any other remuneration for his corporate appointment. He does not therefore receive any multi-annual variable or exceptional remuneration nor any allocation of share subscription or purchase options. The Chief Executive Officer has not signed a non-compete clause, but must give a notice period of six months in the event of resignation.

These remuneration items will be the subject of a resolution submitted by the Board of directors to the General Meeting. The resolution will be worded as follows: “Having considered the report on corporate governance provided for in article L.225-37 and in compliance with article L.22-10-8 II of the French commercial code, the General Meeting, in accordance with the quorum and majority required for Ordinary General Meetings, approves the remuneration policy including the principles and criteria for determining, distributing and attributing, the fixed, variable and exceptional (including performance shares) components of the total remuneration, the commitments set forth in the fourth subparagraph of article L.22-10-9 of the French commercial code and benefits of all kinds detailed in the aforementioned report and payable to the Chief Executive Officer in respect of his corporate office, which was established in accordance with article L.22-10-8 I of the French commercial code. This information is provided in section 2.3.2.2 “2022 Remuneration policy for the Chief Executive Officer” of the 2021 universal registration document.”

TABLE # 11 AFEP-MEDEF CODE ❚

Remuneration or benefits due or likely to be due in case of termination or change in functions

Remuneration in view of a non-compete clause

Employment contract

Supplemental Pension plan

Executive directors (as at 31 January 2022)

Didier Lamouche

No

No

No

No

Start date of the mandate: 28 June 2019 End date of the mandate: General Meeting called to approve the financial statements for the financial year that will end on 31 January 2022 Geoffrey Godet

Yes (a)

Yes (b)

Yes (b)

No

Start date of the mandate: 29 June 2018 End date of the mandate: General Meeting called to approve the financial statements for the financial year that will end on 31 January 2024 Executive Agreement is at-will and does not provide any employment protections to Mr. Godet. (a) Cf. 2.3.2 of this universal registration document, the commitments mentioned in the fourth paragraph of article L.22-10-9. (b)

2.3.3

COMPENSATION OF SENIOR EXECUTIVES: STOCK OPTION PLANS

AND PERFORMANCE SHARE GRANTS

2.3.3.1 - 2018 Performance Plan share – Details of the acquisition in 2021

Upon proposal of the Appointments and remuneration rebound of Quadient’s performance. Shareholders committee, the Board considered on 6 May 2021, in the approved the adjustment of the performance share plans exceptional context induced by the Covid-19 crisis, that the with regard to the Chief Executive Officer remuneration elements relating to the 2020 fiscal year were not policy at the General Meeting of 1 July 2021.

representative of Quadient’s global performance over the reference period of the ongoing performance share plans and would thus have a disproportionate impact by entailing a demotivating loss of performance shares for all beneficiaries who were instrumental in the recovery and

Therefore, the indicators were re-calculated as described below and the plan overall vesting amounts to 13.3 of the total.

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UNIVERSAL REGISTRATION DOCUMENT 2021