Pitney Bowes (NYSE:PBI) is a global technology company powering billions of transactions –

physical and digital – in the connected and borderless world of commerce. Clients around the
world, including 90 percent of the Fortune 500, rely on products, solutions, services and data
from Pitney Bowes in the areas of customer information management, location intelligence,
customer engagement, shipping, mailing, and global ecommerce. And with the innovative Pitney
Bowes Commerce Cloud, clients can access the broad range of Pitney Bowes solutions,
analytics, and APIs to drive commerce.

For additional information visit Pitney Bowes, the Craftsmen of Commerce, at

www.pitneybowes.com.

World Headquarters:
3001 Summer Street
Stamford, CT 06926-0700
203-356-5000

Company Profile
Founded 1920
Founders Arthur Pitney and Walter Bowes
NYSE Stock Symbol PBI – listed since 1950
S&P 500 Member since 1957

Company Overview
Employees Approximately 14,000
Business Locations in More than 100 Countries
Market Mail Processing, Software, Ecommerce and
Business Services

Company Leadership
President & CEO
Executive VP, COO
Executive VP, CFO
Non-Executive Chairman
Marc B. Lautenbach
Michael Monahan
Stanley J. Sutula III
Michael I. Roth

Reporting Groups & Segments

Small & Medium Business Enterprise Business Digital Commerce
(SMB) Solutions Group Solutions Group Solutions Group
North America Mailing Production Mail Software Solutions
International Mailing Presort Services Global Ecommerce
Financial Overview

Full Year Full Year

2017 2016
Revenue ($ billions) $3.5 $3.4
Assets ($ billions) $6.7 $5.8
Free Cash Flow ($ millions)* $384 $435
GAAP EPS $1.39 $0.49
Adj EPS from continuing operations* $1.41 $1.68
Dividends $0.75 $0.75
SG&A % of Revenue 34.9% 35.2%

*A reconciliation between GAAP and Non-GAAP items can be found by clicking on the following link:
Reconciliation

2017 Revenue by Business Segment 2017 Revenue by Line

Int'l
Business
Mailing,
North Services,
11% Production
America 30% Equipment
Mailing, Mail, 11%
Support Sales, 19%
38%
Services, 13%
Presort
Services, Supplies,
Global Financing, 7%
Ecommerce, Software , 14% 9% Software,
Rentals,
16% 10% 10%
11%

Dividend History
$1.50
$1.46
$1.40

$1.60
$1.28
$1.22
$1.18

$1.40
$1.14

$1.20
$0.90

$1.00
$0.75

$0.75
$0.69

$0.80
$0.52
$0.39

$0.60
$0.30
$0.23
$0.17

$0.40
$0.13
$0.10

$0.20

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