Slide 1: Q1 2025 revenue
QUADIENT Q1 2025 revenue 3 June 2025 © 2025 Quadient. All rights reserved. 1
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENT This presentation contains forward-looking statements (made pursuant to (i) the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and (ii) the principles of the French Autorité des Marchés Financiers' guide to periodical disclosures
Slide 3: Agenda
Agenda 01 Q1 2025 highlights 02 Q1 2025 business & financial review 03 FY 2025 outlook 04 Appendix © 2025 Quadient. All rights reserved. 3
Slide 4: Q1 2025 Highlights
Geoffrey GODET Chief Executive Officer 01 Q1 2025 HIGHLIGHTS © 2025 Quadient. All rights reserved. 4
Slide 5: Strong performance in Digital and Lockers, offset by temporary softer performance in Mail
Strong performance in Digital and Lockers, offset by temporary softer performance in Mail Q1 2025 REVENUE AT €258M, STRONGER H2 DOWN 1.1% ON A REPORTED BASIS EXPECTED ▪ Double-digit growth in Digital and Lockers ▪ Mail recovery expected subscription-related revenue ▪ Momentum in Digital and Lockers
Slide 6: Evolving shareholding base towards longer-term ownership
Evolving shareholding base towards longer-term ownership MAIN CHANGES IN SHAREHOLDING SHAREHOLDERS IN Q1 2025 Management, directors, employees, treasury shares (3.5%) VESA VESA Equity Investment S.à.R.L (22.6%) ▪ 20% threshold crossed upwards on Number 1 April 2025, to 22.6% (from 16.5% as of of sha
Slide 7: Q1 2025 Business & Financial Review
Geoffrey GODET Chief Executive Officer Laurent du PASSAGE Chief Financial Officer 02 Q1 2025 BUSINESS & FINANCIAL REVIEW…………….. © 2025 Quadient. All rights reserved. 7
Slide 8: Continued growth in recurring revenue, lower Mail product placement in the US
Continued growth in recurring revenue, lower Mail product placement in the US ORGANIC CHANGE ORGANIC CHANGE BY REVENUE TYPE BY GEOGRAPHY (in €m, % organic change vs same period last year) (in €m, % organic change vs same period last year) (2.5)% (2.5)% 261 258 261 258 Non-recurring International (2.
Slide 9: Continued good momentum in Digital and Lockers, and initial contribution from Package Concierge
Continued good momentum in Digital and Lockers, and initial contribution from Package Concierge acquisition in the US CHANGE IN Q1 REVENUE (in €m) +7.2% (7.9)% (1.1)% +4 REPORTED CHANGE +4 -14 261 +12.2% 258 -0 +3 (2.5)% ORGANIC CHANGE Q1 2024 Scope Digital Mail Lockers Currency Q1 2025 revenue effe
Slide 10: Strengthening of global cloud payment capabilities; Leader positions
Digital Quadient SaaS platform wins further leadership recognitions in multiple analysts’ reports Strengthening of global Leader positions Financial Automation cloud payment capabilities in 2025 SPARK Matrix Quadient recognized in the first ever 2025 Gartner Magic Quadrant - Accounts Receivable for
Slide 11: Serensia acquisition: accelerating digital financial automation strategy in Europe
Digital Serensia acquisition: accelerating digital financial automation strategy in Europe A LEADING ELECTRONIC INVOICING STRENGTHENING E-INVOICING PLATFORM CAPABILITIES ▪ French company, with c.40 employees ▪ Enriched IP portfolio allowing for expansion ▪ Among the leading electronic invoicing of a
Slide 12: Acceleration in subscription-related revenue growth
Digital Acceleration in subscription-related revenue growth DIGITAL REVENUE PERFORMANCE (in €m, % organic change) +7.2% ▪ Acceleration of subscription-related revenue growth in Q1 67 with positive contribution from all regions, including 63 Non-recurring double-digit growth in North America (11.0)%
Slide 13: Mail automation platform constant innovation recognized by customers
Mail Mail automation platform constant innovation recognized by customers Expanding offering to US SHARE OF INSTALLED BASE UPGRADED federal government agencies TO NEW TECHNOLOGY 44.0% 50 40 32% 42% 44% SHARE OF INSTALLED BASE 30 20% FedRAMP Approval for Quadient S.M.A.R.T. UPGRADED TO NEW 20 12% Clo
Slide 14: Lower performance as expected, amplified by challenging macro-environment in the US
Mail Lower performance as expected, amplified by challenging macro-environment in the US MAIL REVENUE PERFORMANCE (in €m, % organic change) ▪ Q1 2025 hardware sales down 15.8%, driven by: ‐ Echo effect of COVID period: softer performance (7.9)% 178 across all regions, reflecting lower number of 5-ye
Slide 15: Lockers automation platform steady expansion, with strong UK momentum
Lockers Lockers automation platform steady expansion, with strong UK momentum Steady acceleration Extended partnership of the UK open network with EVRi 1,200 Installed Base 1,000 Parcel Volume 800 600 c. 11x New agreement in the UK, 3.7x Based at 100 including consolidation 400 in Jan. 2024 of retur
Slide 16: Strong performance in subscription-related revenue and hardware sales
Lockers Strong performance in subscription-related revenue and hardware sales LOCKERS REVENUE PERFORMANCE ▪ Strong reported growth, at +35.4%, including Package (in €m, % organic change) Concierge (€4 million) +12.2% ▪ Double-digit organic growth in subscription-related 27 revenue, reflecting: ‐ Out
Slide 17: Continued solid momentum for Digital and Lockers
Continued solid momentum for Digital and Lockers Q1 2025 REVENUE BREAKDOWN (in €m, % organic change) DIGITAL MAIL LOCKERS TOTAL GROUP Revenue €67m €164m €27m €258m Organic change +7.2 % (7.9)% +12.2% (2.5)% Subscription- €57m €118m €17m €193m related revenue Organic change +11.1 % (4.4)% +12.7% +1.2
Slide 18: FY 2025 Outlook
Geoffrey Godet Chief Executive Officer 03 FY 2025 OUTLOOK © 2025 Quadient. All rights reserved. 18
Slide 19: FY 2025 outlook
FY 2025 outlook ▪ Good profitability start of the year, 2025 guidance maintained with improved EBITDA margin across all solutions Looking forward: ▪ Sustained strong momentum in Acceleration in organic revenue growth Digital and Lockers, with further and in current EBIT organic growth improvement in
Slide 20: Appendix
04 APPENDIX © 2025 Quadient. All rights reserved. 20
Slide 21: Q1 2025 sales breakdown
Q1 2025 sales breakdown Revenue % organic change TOTAL GROUP €151m North America (2.4)% DIGITAL MAIL LOCKERS Main European €86m Countries (2.8)% €21m International (2.0)% Revenue €258m €67m €164m €27m Organic change (2.5)% +7.2% (7.9)% +12.2% Organic change excludes currency and scope effects. % of
Slide 22: Recurring business model allows for clear long-term ambitions
Recurring business model allows for clear long-term ambitions TRAJECTORY 2023-2026 AMBITIONS 2030 Revenue organic EBITDA Subscription EBITDA Revenue CAGR margin related revenue margin Digital c.10% >20% >€500m >90% c.30% Mail c.-3% >25% c.€600m >65% 20-25% Lockers installed base Lockers >10% >10% >€
Slide 23: Thank you
Thank you © 2025 Quadient. All rights reserved. 23