PITNEY BOWES INC

Pitney Bowes Inc. is a technology-driven company providing digital shipping solutions, mailing innovation, and financial services globally. The company serves small businesses, large enterprises, and government entities, including over 90 percent of the Fortune 500, helping them reduce the complexity of sending mail and parcels. The company operates through two main business segments. SendTech Solutions offers physical and digital shipping and mailing technology solutions and applications. These solutions simplify and save on sending, tracking, and receiving letters, parcels, and flats, along with related supplies and maintenance services. Digital delivery services help clients reduce transportation and logistics costs, select carriers, improve delivery times, and track packages in real-time. Through shipping APIs, clients can purchase postage, print shipping labels, and access shipping and tracking services from multiple carriers, integrating them into web applications like online shopping carts or e-commerce sites, with guaranteed delivery times and flexible payment options. The Pitney Bowes Bank, a wholly owned subsidiary, provides financing for other manufacturers' equipment and product purchases, a revolving credit solution for meter rental payments and postage/services/supplies purchases, and an interest-bearing deposit solution for clients who prepay postage and need working capital. The Presort Services segment is the largest workshare partner of the United States Postal Service ("USPS") and a national outsource provider of mail sortation services. This segment enables clients to qualify volumes of First-Class Mail, First Class Flats, Marketing Mail, and Marketing Mail Flats/Bound Printed Matter for postal workshare discounts. Using proprietary technology, Pitney Bowes provides end-to-end solutions from pick-up to delivery into the postal system network, aiming to improve mail delivery and enhance total mail value, including optimizing postage savings.