February 6, 2020

Partial purchase by Quadient under its €350,000,000.00 2.50 per cent. Notes due 2021

On February 5, 2020, Quadient has proceeded to a partial purchase under the notes issued by Quadient on June 23, 2014 for an amount of €350,000,000 at a rate of 2.50% due June 23, 2021 (ISIN code FR0011993120) (the "Notes"). The nominal amount purchased by Quadient is €15,000,000.00.

The outstanding nominal amount of the Notes after this partial purchase is €163,200,000.00.