NEOPOST_REGISTRATION_DOCUMENT_2017

Summary 1

4 Corporate social responsibility

Neopost group activity 3 Key figures 4 Activity 6 Strategy 8 Organizational structure 8 History 9

67

Social, societal and environmental information Independent verifier’s report on consolidated social, societal and environmental information presented in the management report

68

95

5

2 Corporate governance report

Financial statements Consolidated financial statements

99 100

11

The Board of directors

12 23

Statutory auditors' report on the financial statements Management discussion and analysis of Neopost S.A.'s annual results Parent company statements of financial position Statutory auditors' report on the financial statements

Committees

162

Management team 27 Remuneration of managers and directors 27 Regulated agreements 39 Summary table of the Extraordinary General Meeting delegations to the Board of directors 40 Information that could have an impact in the event of a takeover bid or exchange offer 41

167

170

197

6 Information on Neopost and its share capital

Practical information for attending the General Meeting Statutory auditors’ special report on regulated related party agreements and commitments

201

41

Neopost share capital

202 204

Neopost shares

43

7

3

Additional information 207 General information 208 Recent events 209 Officer responsible for the registration document and Auditors 209 Statements by officer 210 Fees paid to the statutory auditors and members of their networks 210 Information policy 211 Publication of information 211 Concordance tables 215

Management Report

47

Review of the Neopost group’s financial position and results in 2017

48 52 63 65

Risk factors

Ownership structure Indications for 2018