|        |
|--------|
|        |
|   |

|        |
|--------|
|        |  |
| þ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|        |
|--------|
|        |  |
| ¨ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |
| Delaware                                                      |   | 36-2704017 |
| (State or Other Jurisdictionof Incorporation or Organization) |   | (I.R.S. EmployerIdentification Number) |

|                                             |
|---------------------------------------------|
|                                             |  |  |
| Title of Each Class                         |   | Name of Each Exchange on Which Registered |
| Common Stock, par value $.01 per share |   | New York Stock Exchange |

|                                |
|--------------------------------|
|                                |  |  |  |  |  |  |
| Large accelerated filer þ |   | Accelerated filer ¨ |   | Non-accelerated filer ¨ |   | Smaller reporting company ¨ |

|        |
|--------|
|        |
|   |

----

----

|               |
|---------------|
|               |  |  |
| PART I        |   |
| ITEM 1.  | Business | 1 |
| ITEM 1A. | Risk Factors | 7 |
| ITEM 1B. | Unresolved Staff Comments | 17 |
| ITEM 2.  | Properties | 18 |
| ITEM 3.  | Legal Proceedings | 18 |
| ITEM 4.  | Mine Safety Disclosures | 19 |
| PART II       |   |
| ITEM 5.  | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 20 |
| ITEM 6.  | Selected Financial Data | 22 |
| ITEM 7.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 25 |
| ITEM 7A. | Quantitative and Qualitative Disclosures About Market Risk | 44 |
| ITEM 8.  | Financial Statements and Supplementary Data | 47 |
| ITEM 9.  | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 93 |
| ITEM 9A. | Controls and Procedures | 93 |
| ITEM 9B. | Other Information | 94 |
| PART III      |   |
| ITEM 10. | Directors, Executive Officers and Corporate Governance | 95 |
| ITEM 11. | Executive Compensation | 95 |
| ITEM 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 95 |
| ITEM 13. | Certain Relationships and Related Transactions, and Director Independence | 95 |
| ITEM 14. | Principal Accountant Fees and Services | 96 |
| PART IV       |   |
| ITEM 15. | Exhibits and Financial Statement Schedules | 97 |
|          | Signatures | 102 |

----

----

----

----

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |
| Sales Percentages by Fiscal Quarter |   | 2016 |   | 2015 |   | 2014 |
| 1st Quarter                         |   | 18 | % |   | 19 | % |   | 20 | % |
| 2nd Quarter                         |   | 26 | % |   | 26 | % |   | 25 | % |
| 3rd Quarter                         |   | 28 | % |   | 28 | % |   | 28 | % |
| 4th Quarter                         |   | 28 | % |   | 27 | % |   | 27 | % |
|                                |   | 100 | % |   | 100 | % |   | 100 | % |

----

----

|         |                                                              |
|---------|--------------------------------------------------------------|
| • | 2007 - present, Senior Vice President, Corporate Development |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2007 |
|         |                                                                 |
|---------|-----------------------------------------------------------------|
| • | 2016 - present, Chairman, President and Chief Executive Officer |
|         |                                                    |
|---------|----------------------------------------------------|
| • | 2013 - 2016, President and Chief Executive Officer |
|         |                                                    |
|---------|----------------------------------------------------|
| • | 2010 - 2013, President and Chief Operating Officer |
|         |                                              |
|---------|----------------------------------------------|
| • | 2008 - 2010, President, ACCO Brands Americas |
|         |                                               |
|---------|-----------------------------------------------|
| • | 2008, President, Global Office Products Group |
|         |                                                 |
|---------|-------------------------------------------------|
| • | 2004 - 2008, President, Computer Products Group |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2004 |
|         |                                                                      |
|---------|----------------------------------------------------------------------|
| • | 2005 - present, Executive Vice President and Chief Financial Officer |
|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | 1999 - 2005, Vice President Finance and Administration, ACCO World |
|         |                                                 |
|---------|-------------------------------------------------|
| • | 1994 - 1999 Vice President Finance, ACCO Europe |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 1984 |
|         |                                                                                 |
|---------|---------------------------------------------------------------------------------|
| • | 2010 - present, Executive Vice President and President, Computer Products Group |
|         |                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------|
| • | 2010 - 2013, Executive Vice President; President, ACCO Brands International and President, Computer Products Group |
|         |                                                 |
|---------|-------------------------------------------------|
| • | 2008 - 2010, President, Computer Products Group |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2008 |
|         |                                                           |
|---------|-----------------------------------------------------------|
| • | Mr. Franey is expected to retire effective March 31, 2017 |
|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | 2013 - present, Senior Vice President, Global Chief People Officer |
|         |                                                                        |
|---------|------------------------------------------------------------------------|
| • | 2005 - 2013, Global Chief People Officer, Molson Coors Brewing Company |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2013 |

|         |                                                        |
|---------|--------------------------------------------------------|
| • | 2013 - present, Senior Vice President, Global Products |
|         |                                                                              |
|---------|------------------------------------------------------------------------------|
| • | 2012 - 2013, Senior Vice President, Operations, ACCO Brands Emerging Markets |
|         |                                                                            |
|---------|----------------------------------------------------------------------------|
| • | 2010 - 2012, Senior Vice President, Operations - ACCO Brands International |
|         |                                                          |
|---------|----------------------------------------------------------|
| • | 2008 - 2010, Senior Vice President, Operations, Americas |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 1996 |
|         |                                                                                          |
|---------|------------------------------------------------------------------------------------------|
| • | 2015 - present, Senior Vice President, Corporate Controller and Chief Accounting Officer |
|         |                                                      |
|---------|------------------------------------------------------|
| • | 2008 - 2015, Vice President and Corporate Controller |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 1994 |
|         |                                                                      |
|---------|----------------------------------------------------------------------|
| • | 2012 - present, Senior Vice President, General Counsel and Secretary |
|         |                                               |
|---------|-----------------------------------------------|
| • | 2010 - 2012, General Counsel, Accertify, Inc. |
|         |                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------|
| • | 2008 - 2010, Executive Vice President, General Counsel and Secretary, Movie Gallery, Inc. (filed for Chapter 11 in February 2010) |
|         |                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------|
| • | 2005 - 2008, Senior Vice President, General Counsel and Secretary, APAC Customer Services, Inc. |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2012 |
|         |                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------|
| • | 2015 - present, Executive Vice President and President, ACCO Brands North America Office and Consumer Products |
|         |                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------|
| • | 2010 - 2015, Executive Vice President; President, ACCO Brands U.S. Office and Consumer Products |
|         |                                                       |
|---------|-------------------------------------------------------|
| • | 2010, Chief Marketing and Product Development Officer |
|         |                                                                 |
|---------|-----------------------------------------------------------------|
| • | 2007 - 2010, Group Vice President, APAC Customer Services, Inc. |
|         |                            |
|---------|----------------------------|
| • | Joined the Company in 2010 |

----

----

|         |                        |
|---------|------------------------|
| • | low barriers to entry; |

|         |                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------|
| • | sophisticated and large customers who have the ability to source their own private label products; |

|         |                                                                              |
|---------|------------------------------------------------------------------------------|
| • | limited retail space which constrains our ability to offer certain products; |

|         |                                 |
|---------|---------------------------------|
| • | competitors with strong brands; |

|         |                                                                                     |
|---------|-------------------------------------------------------------------------------------|
| • | imports from a range of countries, including countries with lower production costs; |

|         |                                                                             |
|---------|-----------------------------------------------------------------------------|
| • | competitors' ability to source lower cost products in local currencies; and |

|         |                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | competition from a range of products and services, including electronic, digital or web-based products that can replace or render obsolete or less desirable some of the products we sell. |

----

----

----

----

----

----

----

----

----

----

|                             |
|-----------------------------|
|                             |  |  |  |
| Location                    | Functional Use |   | Owned/Leased |
| North America:              |   |   |   |
| Ontario, California         | Distribution/Manufacturing |   | Leased |
| Booneville, Mississippi     | Distribution/Manufacturing |   | Owned |
| Ogdensburg, New York        | Distribution/Manufacturing |   | Owned |
| Sidney, New York            | Distribution/Manufacturing |   | Owned |
| Alexandria, Pennsylvania    | Distribution/Manufacturing |   | Owned |
| Pleasant Prairie, Wisconsin | Distribution/Manufacturing |   | Leased |
| Mississauga, Canada         | Distribution/Manufacturing/Office |   | Leased |
| International:              |   |   |   |
| Sydney, Australia           | Distribution/Manufacturing/Office |   | Owned/Leased (2) |
| Bauru, Brazil               | Distribution/Manufacturing/Office |   | Owned |
| Aylesbury, England          | Office |   | Leased |
| Halesowen, England          | Distribution |   | Owned |
| Lillyhall, England          | Manufacturing |   | Leased |
| Tornaco, Italy              | Distribution |   | Owned |
| Tokyo, Japan                | Office |   | Leased |
| Lerma, Mexico               | Manufacturing/Office |   | Owned |
| Born, Netherlands           | Distribution |   | Leased |
| Wellington, New Zealand     | Distribution/Office |   | Owned |
| Auckland, New Zealand       | Distribution/Office |   | Leased |
| Arcos de Valdevez, Portugal | Manufacturing |   | Owned |
| Computer Products Group:    |   |   |   |
| San Mateo, California       | Office |   | Leased |

----

----

|                |
|----------------|
|                |  |  |  |  |  |  |  |
|           | High |   | Low |
| 2015           |   |   |   |
| First Quarter  | $ | 9.20 |  |   | $ | 7.05 |  |
| Second Quarter | $ | 8.75 |  |   | $ | 7.15 |  |
| Third Quarter  | $ | 8.40 |  |   | $ | 6.80 |  |
| Fourth Quarter | $ | 8.48 |  |   | $ | 6.91 |  |
| 2016           |   |   |   |
| First Quarter  | $ | 9.05 |  |   | $ | 5.47 |  |
| Second Quarter | $ | 10.75 |  |   | $ | 8.58 |  |
| Third Quarter  | $ | 11.75 |  |   | $ | 9.35 |  |
| Fourth Quarter | $ | 14.00 |  |   | $ | 9.06 |  |

|                                                                        |
|------------------------------------------------------------------------|
|                                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                   | Cumulative Total Return |
|                                                                   | 12/31/11 |   | 12/31/12 |   | 12/31/13 |   | 12/31/14 |   | 12/31/15 |   | 12/31/16 |
| ACCO Brands Corporation.                                               | $ | 100.00 |  |   | $ | 76.06 |  |   | $ | 69.64 |  |   | $ | 93.37 |  |   | $ | 73.89 |  |   | $ | 135.23 |  |
| Russell 2000                                                           | 100.00 |  |   | 116.35 |  |   | 161.52 |  |   | 169.43 |  |   | 161.95 |  |   | 196.45 |  |
| S&P Office Services and Supplies(SuperCap1500) | 100.00 |  |   | 96.93 |  |   | 154.75 |  |   | 162.10 |  |   | 141.58 |  |   | 153.49 |  |

----

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Period                                |   | Total Number of Shares Purchased |   | Average Price Paid per Share |   | Total Number of Shares Purchased as Part of Publicly Announced Plan or Program(1) |   | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program(1) |
| October 1, 2016 to October 31, 2016   |   | — |  |   | $ | — |  |   | — |  |   | $ | 120,571,849 |  |
| November 1, 2016 to November 30, 2016 |   | — |  |   | — |  |   | — |  |   | 120,571,849 |  |
| December 1, 2016 to December 31, 2016 |   | — |  |   | — |  |   | — |  |   | 120,571,849 |  |
| Total                                 |   | — |  |   | $ | — |  |   | — |  |   | $ | 120,571,849 |  |

----

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                            | Year Ended December 31, |
| (in millions of dollars, except per share data) | 2016(1) |   | 2015 |   | 2014 |   | 2013 |   | 2012 |
| Income Statement Data:                          |   |   |   |   |   |   |   |   |   |
| Net sales                                       | $ | 1,557.1 |  |   | $ | 1,510.4 |  |   | $ | 1,689.2 |  |   | $ | 1,765.1 |  |   | $ | 1,758.5 |  |
| Operating income(2)                             | 167.3 |  |   | 163.5 |  |   | 173.6 |  |   | 145.8 |  |   | 139.3 |  |
| Interest expense                                | 49.3 |  |   | 44.5 |  |   | 49.5 |  |   | 59.0 |  |   | 91.3 |  |
| Interest income                                 | (6.4 | ) |   | (6.6 | ) |   | (5.6 | ) |   | (4.3 | ) |   | (2.0 | ) |
| Other expense, net(3)                           | 1.4 |  |   | 2.1 |  |   | 0.8 |  |   | 7.6 |  |   | 61.3 |  |
| Net income(4)                                   | 95.5 |  |   | 85.9 |  |   | 91.6 |  |   | 77.1 |  |   | 115.4 |  |
| Per common share:                               |   |   |   |   |   |   |   |   |   |
| Net income(4)                                   |   |   |   |   |   |   |   |   |   |
| Basic                                           | $ | 0.89 |  |   | $ | 0.79 |  |   | $ | 0.81 |  |   | $ | 0.68 |  |   | $ | 1.24 |  |
| Diluted                                         | $ | 0.87 |  |   | $ | 0.78 |  |   | $ | 0.79 |  |   | $ | 0.67 |  |   | $ | 1.22 |  |
| Balance Sheet Data (at year end):               |   |   |   |   |   |   |   |   |   |
| Total assets                                    | $ | 2,064.5 |  |   | $ | 1,953.4 |  |   | $ | 2,215.1 |  |   | $ | 2,368.3 |  |   | $ | 2,482.3 |  |
| Total debt, net                                 | 696.2 |  |   | 720.5 |  |   | 789.3 |  |   | 906.3 |  |   | 1,046.7 |  |
| Total stockholders’ equity                | 708.7 |  |   | 581.2 |  |   | 681.0 |  |   | 702.3 |  |   | 639.2 |  |
| Other Data:                                     |   |   |   |   |   |   |   |   |   |
| Cash provided (used) by operating activities    | $ | 165.9 |  |   | $ | 171.2 |  |   | $ | 171.7 |  |   | $ | 194.5 |  |   | $ | (7.5 | ) |
| Cash (used) by investing activities             | (106.4 | ) |   | (24.6 | ) |   | (25.8 | ) |   | (33.3 | ) |   | (432.2 | ) |
| Cash (used) provided by financing activities    | (75.2 | ) |   | (137.8 | ) |   | (142.0 | ) |   | (155.5 | ) |   | 360.1 |  |

|     |                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The Company acquired Pelikan Artline on May 2, 2016; the results of Pelikan Artline are included in 2016 results only from that date forward. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Operating income for the years 2016, 2015, 2014, 2013 and 2012 was impacted by restructuring charges (credits) of $5.4 million, $(0.4) million, $5.5 million, $30.1 million and $24.3 million, respectively. Such charges were largely severance related, and were principally associated with post-merger integration activities following the acquisition of the Mead Consumer & Office Products business ("MC&OP") in 2012. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Other expense, net for the year 2016 was impacted by a $28.9 million gain arising from the PA Acquisition due to the revaluation of the Company's previously held equity interest to fair value, see "Note 3. Acquisition" to the consolidated financial statements contained in Part II, Item 8 of this report. Other expense, net for the years 2016, 2015, 2013 and 2012 was also impacted by incremental charges related to various refinancings of $29.9 million, $1.9 million, $9.4 million and $61.4 million, respectively. For further information on the refinancings completed in 2016 and 2015 see "Note 4. Long-term Debt and Short-term Borrowings" to the consolidated financial statements contained in Part II, Item 8. of this report. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Due to the acquisition of MC&OP in 2012, we analyzed our need to maintain valuation allowances against our U.S. deferred taxes, which were established in 2009. Based on our analysis we determined in 2012 that there existed sufficient evidence in the form of future taxable income from the combined operations to release $126.1 million of the valuation allowance that had been previously recorded against the U.S. deferred income tax assets. In 2013 and 2012, we also released $11.6 million and $19.0 million, respectively, of valuation allowances in certain foreign jurisdictions. |

----

|                           |
|---------------------------|
|                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                      | Year Ended December 31, 2016 |   | Year Ended December 31, 2015 |   |   |
| (in millions of dollars)  | GAAP Reported Net Sales |   | Currency Translation |   | Non-GAAP Net Sales at Constant Currency |   | GAAP Reported Net Sales |   | % Change at Constant Currency |
| ACCO Brands North America | $ | 955.5 |  |   | $ | 3.9 |  |   | $ | 959.4 |  |   | $ | 963.3 |  |   | (0.4 | )% |
| ACCO Brands International | 485.0 |  |   | 11.8 |  |   | 496.8 |  |   | 426.9 |  |   | 16.4 |  % |
| Computer Products Group   | 116.6 |  |   | 1.2 |  |   | 117.8 |  |   | 120.2 |  |   | (2.0 | )% |
| Total                     | $ | 1,557.1 |  |   | $ | 16.9 |  |   | $ | 1,574.0 |  |   | $ | 1,510.4 |  |   | 4.2 |  % |

----

|                           |
|---------------------------|
|                           |  |  |  |  |  |  |  |  |  |  |  |
|                      | Year Ended December 31, 2016 |
| (in millions of dollars)  | GAAP Reported Operating Income |   | Adjustments(1) |   | Non-GAAP Adjusted Operating Income |
| ACCO Brands North America | $ | 150.6 |  |   | $ | 1.2 |  |   | $ | 151.8 |  |
| ACCO Brands International | 53.1 |  |   | 6.8 |  |   | 59.9 |  |
| Computer Products Group   | 11.6 |  |   | — |  |   | 11.6 |  |
| Corporate                 | (48.0 | ) |   | 10.6 |  |   | (37.4 | ) |
| Total                     | $ | 167.3 |  |   | $ | 18.6 |  |   | $ | 185.9 |  |

|                                            |
|--------------------------------------------|
|                                            |  |  |  |
| (in millions of dollars)                   | Year Ended December 31, 2016 |
| Net cash provided by operating activities  | $ | 165.9 |  |
| Net cash (used) provided by:               |   |
| Additions to property, plant and equipment | (18.5 | ) |
| Proceeds from the disposition of assets    | 0.7 |  |
| Other                                      | 0.2 |  |
| Free cash flow (non-GAAP)                  | 148.3 |  |

----

----

----

|                   |
|-------------------|
|                   |  |  |  |  |
|              |   | 2016 Average Versus 2015 Average |   | 2015 Average Versus 2014 Average |
| Currency          |   | Increase/(Decline) |   | Increase/(Decline) |
| Brazilian real    |   | (6)% |   | (28)% |
| Euro              |   | —% |   | (17)% |
| Canadian dollar   |   | (4)% |   | (14)% |
| Australian dollar |   | (1)% |   | (17)% |
| Mexican peso      |   | (15)% |   | (16)% |
| British pound     |   | (11)% |   | (7)% |
| Japanese yen      |   | 11% |   | (13)% |

----

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                      | Year Ended December 31, |   | Amount of Change |   |
| (in millions of dollars, except per share data)           | 2016(1) |   | 2015 |   | $ |   | % |   |
| Net sales                                                 | $ | 1,557.1 |  |   | $ | 1,510.4 |  |   | $ | 46.7 |  |   | 3 |  % |   |
| Cost of products sold                                     | 1,042.0 |  |   | 1,032.0 |  |   | 10.0 |  |   | 1 |  % |   |
| Gross profit                                              | 515.1 |  |   | 478.4 |  |   | 36.7 |  |   | 8 |  % |   |
| Gross profit margin                                       | 33.1 | % |   | 31.7 | % |   |   |   | 1.4 |  | pts  |
| Advertising, selling, general and administrative expenses | 320.8 |  |   | 295.7 |  |   | 25.1 |  |   | 8 |  % |   |
| Amortization of intangibles                               | 21.6 |  |   | 19.6 |  |   | 2.0 |  |   | 10 |  % |   |
| Restructuring charges (credits)                           | 5.4 |  |   | (0.4 | ) |   | 5.8 |  |   | NM |  |   |
| Operating income                                          | 167.3 |  |   | 163.5 |  |   | 3.8 |  |   | 2 |  % |   |
| Operating income margin                                   | 10.7 | % |   | 10.8 | % |   |   |   | (0.1) |  | pts  |
| Interest expense                                          | 49.3 |  |   | 44.5 |  |   | 4.8 |  |   | 11 |  % |   |
| Interest income                                           | (6.4 | ) |   | (6.6 | ) |   | 0.2 |  |   | (3 | )% |   |
| Equity in earnings of joint ventures                      | (2.1 | ) |   | (7.9 | ) |   | 5.8 |  |   | (73 | )% |   |
| Other expense, net                                        | 1.4 |  |   | 2.1 |  |   | (0.7 | ) |   | (33 | )% |   |
| Income tax expense                                        | 29.6 |  |   | 45.5 |  |   | (15.9 | ) |   | (35 | )% |   |
| Effective tax rate                                        | 23.7 | % |   | 34.6 | % |   |  |   | (10.9) |  | pts  |
| Net income                                                | 95.5 |  |   | 85.9 |  |   | 9.6 |  |   | 11 |  % |   |
| Weighted average number of diluted shares outstanding:    | 109.2 |  |   | 110.6 |  |   | (1.4 | ) |   | (1 | )% |   |
| Diluted income per share                                  | 0.87 |  |   | 0.78 |  |   | 0.09 |  |   | 12 |  % |   |

|     |                                                                                                                                     |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The Company acquired Pelikan Artline on May 2, 2016, the results of which are included in 2016 results only from that date forward. |

----

----

|                           |
|---------------------------|
|                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                      | Year Ended December 31, 2016 |   | Amount of Change |
|                      | Net Sales |   | Segment Operating Income (1) |   | Operating Income Margin |   | Net Sales |   | Net Sales |   | Segment Operating Income |   | Segment Operating Income |   | Margin Points |
|                      |   |   |   |   |   |   |   |
| (in millions of dollars)  |   |   |   | $ |   | % |   | $ |   | % |   |
| ACCO Brands North America | $ | 955.5 |  |   | $ | 150.6 |  |   | 15.8 | % |   | $ | (7.8 | ) |   | (1)% |   | $ | 3.0 |  |   | 2 | % |   | 50 |  |
| ACCO Brands International | 485.0 |  |   | 53.1 |  |   | 10.9 | % |   | 58.1 |  |   | 14% |   | 12.3 |  |   | 30 | % |   | 130 |  |
| Computer Products Group   | 116.6 |  |   | 11.6 |  |   | 9.9 | % |   | (3.6 | ) |   | (3)% |   | 1.3 |  |   | 13 | % |   | 130 |  |
| Total                     | $ | 1,557.1 |  |   | $ | 215.3 |  |   |   |   | $ | 46.7 |  |   |   |   | $ | 16.6 |  |   |   |   |   |
|                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      | Year Ended December 31, 2015 |   |   |   |   |   |   |   |   |   |   |
|                      | Net Sales |   | Segment Operating Income (A) |   | Operating Income Margin |   |   |   |   |   |   |   |   |   |   |
|                      |   |   |   |   |   |   |   |   |   |   |   |   |
| (in millions of dollars)  |   |   |   |   |   |   |   |   |   |   |   |   |
| ACCO Brands North America | $ | 963.3 |  |   | $ | 147.6 |  |   | 15.3 | % |   |   |   |   |   |   |   |   |   |   |
| ACCO Brands International | 426.9 |  |   | 40.8 |  |   | 9.6 | % |   |   |   |   |   |   |   |   |   |   |
| Computer Products Group   | 120.2 |  |   | 10.3 |  |   | 8.6 | % |   |   |   |   |   |   |   |   |   |   |
| Total                     | $ | 1,510.4 |  |   | $ | 198.7 |  |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                      | Year Ended December 31, |   | Amount of Change |   |
| (in millions of dollars, except per share data)           | 2015 |   | 2014 |   | $ |   | % |   |
| Net sales                                                 | $ | 1,510.4 |  |   | $ | 1,689.2 |  |   | $ | (178.8 | ) |   | (11 | )% |   |
| Cost of products sold                                     | 1,032.0 |  |   | 1,159.3 |  |   | (127.3 | ) |   | (11 | )% |   |
| Gross profit                                              | 478.4 |  |   | 529.9 |  |   | (51.5 | ) |   | (10 | )% |   |
| Gross profit margin                                       | 31.7 | % |   | 31.4 | % |   |   |   | 0.3 |  | pts  |
| Advertising, selling, general and administrative expenses | 295.7 |  |   | 328.6 |  |   | (32.9 | ) |   | (10 | )% |   |
| Amortization of intangibles                               | 19.6 |  |   | 22.2 |  |   | (2.6 | ) |   | (12 | )% |   |
| Restructuring (credits) charges                           | (0.4 | ) |   | 5.5 |  |   | (5.9 | ) |   | NM |  |   |
| Operating income                                          | 163.5 |  |   | 173.6 |  |   | (10.1 | ) |   | (6 | )% |   |
| Operating income margin                                   | 10.8 | % |   | 10.3 | % |   |   |   | 0.5 |  | pts  |
| Interest expense                                          | 44.5 |  |   | 49.5 |  |   | (5.0 | ) |   | (10 | )% |   |
| Interest income                                           | (6.6 | ) |   | (5.6 | ) |   | (1.0 | ) |   | 18 |  % |   |
| Equity in earnings of joint ventures                      | (7.9 | ) |   | (8.1 | ) |   | 0.2 |  |   | (2 | )% |   |
| Other expense, net                                        | 2.1 |  |   | 0.8 |  |   | 1.3 |  |   | 163 |  % |   |
| Income tax expense                                        | 45.5 |  |   | 45.4 |  |   | 0.1 |  |   | — |  % |   |
| Effective tax rate                                        | 34.6 | % |   | 33.1 | % |   |   |   | 1.5 |  | pts  |
| Net income                                                | 85.9 |  |   | 91.6 |  |   | (5.7 | ) |   | (6 | )% |   |
| Weighted average number of diluted shares outstanding:    | 110.6 |  |   | 116.3 |  |   | (5.7 | ) |   | (5 | )% |   |
| Diluted income per share                                  | 0.78 |  |   | 0.79 |  |   | (0.01 | ) |   | (1 | )% |   |

----

----

|                           |
|---------------------------|
|                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                      | Year Ended December 31, 2015 |   | Amount of Change |
|                      | Net Sales |   | Segment Operating Income (1) |   | Operating Income Margin |   | Net Sales |   | Net Sales |   | Segment Operating Income |   | Segment Operating Income |   | Margin Points |
|                      |   |   |   |   |   |   |   |
| (in millions of dollars)  |   |   |   | $ |   | % |   | $ |   | % |   |
| ACCO Brands North America | $ | 963.3 |  |   | $ | 147.6 |  |   | 15.3 | % |   | $ | (42.7 | ) |   | (4)% |   | $ | 6.9 |  |   | 5 |  % |   | 130 |  |
| ACCO Brands International | 426.9 |  |   | 40.8 |  |   | 9.6 | % |   | (120.0 | ) |   | (22)% |   | (22.1 | ) |   | (35 | )% |   | (190 | ) |
| Computer Products Group   | 120.2 |  |   | 10.3 |  |   | 8.6 | % |   | (16.1 | ) |   | (12)% |   | 2.1 |  |   | 26 |  % |   | 260 |  |
| Total                     | $ | 1,510.4 |  |   | $ | 198.7 |  |   |   |   | $ | (178.8 | ) |   |   |   | $ | (13.1 | ) |   |   |   |   |
|                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      | Year Ended December 31, 2014 |   |   |   |   |   |   |   |   |   |   |
|                      | Net Sales |   | Segment Operating Income (A) |   | Operating Income Margin |   |   |   |   |   |   |   |   |   |   |
|                      |   |   |   |   |   |   |   |   |   |   |   |   |
| (in millions of dollars)  |   |   |   |   |   |   |   |   |   |   |   |   |
| ACCO Brands North America | $ | 1,006.0 |  |   | $ | 140.7 |  |   | 14.0 | % |   |   |   |   |   |   |   |   |   |   |
| ACCO Brands International | 546.9 |  |   | 62.9 |  |   | 11.5 | % |   |   |   |   |   |   |   |   |   |   |
| Computer Products Group   | 136.3 |  |   | 8.2 |  |   | 6.0 | % |   |   |   |   |   |   |   |   |   |   |
| Total                     | $ | 1,689.2 |  |   | $ | 211.8 |  |   |   |   |   |   |   |   |   |   |   |   |   |

----

----

|                             |
|-----------------------------|
|                             |  |  |
| Period                      |   | Maximum Consolidated Leverage Ratio(1) |
| July 1, 2015 and thereafter |   | 3.75:1.00 |

|     |                                                                                                                                                                                                                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The Consolidated Leverage Ratio is computed by dividing the Company's net funded indebtedness by the cumulative four-quarter-trailing EBITDA, which excludes transaction costs, restructuring and other charges up to certain limits as well as other adjustments defined in the 2015 Credit Agreement. |

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |
| ConsolidatedLeverage Ratio                 |   | Applicable Rate on Euro/AUD/CDN Dollar Loans |   | Applicable Rate on Base Rate Loans |
| > 4.00 to 1.00                          |   | 2.50% |   | 1.50% |
| ≤ 4.00 to 1.00 and > 3.50 to 1.00 |   | 2.25% |   | 1.25% |
| ≤ 3.50 to 1.00 and > 3.00 to 1.00 |   | 2.00% |   | 1.00% |
| ≤ 3.00 to 1.00 and > 2.00 to 1.00 |   | 1.50% |   | 0.50% |
| ≤ 2.00 to 1.00                       |   | 1.25% |   | 0.25% |

----

|                                           |
|-------------------------------------------|
|                                           |  |  |  |  |  |  |  |  |
| (in millions of dollars)                  |   | 2016 |   | 2015 |
| Accounts receivable                       |   | $ | 13.4 |  |   | $ | (3.9 | ) |
| Inventories                               |   | 16.7 |  |   | 9.8 |  |
| Accounts payable                          |   | (19.3 | ) |   | (2.6 | ) |
| Cash flow provided by net working capital |   | $ | 10.8 |  |   | $ | 3.3 |  |

----

|                                           |
|-------------------------------------------|
|                                           |  |  |  |  |  |  |  |  |
| (in millions of dollars)                  |   | 2015 |   | 2014 |
| Accounts receivable                       |   | $ | (3.9 | ) |   | $ | 20.4 |  |
| Inventories                               |   | 9.8 |  |   | 11.6 |  |
| Accounts payable                          |   | (2.6 | ) |   | (10.1 | ) |
| Cash flow provided by net working capital |   | $ | 3.3 |  |   | $ | 21.9 |  |

----

|                                |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)       | 2017 |   | 2018 - 2019 |   | 2020 - 2021 |   | Thereafter |   | Total |
| Debt                           | $ | 5.1 |  |   | $ | 14.4 |  |   | $ | 284.0 |  |   | $ | 400.0 |  |   | $ | 703.5 |  |
| Interest on debt(1)            | 29.9 |  |   | 59.3 |  |   | 44.6 |  |   | 62.1 |  |   | 195.9 |  |
| Operating lease obligations    | 22.2 |  |   | 35.1 |  |   | 27.3 |  |   | 15.8 |  |   | 100.4 |  |
| Purchase obligations(2)        | 84.8 |  |   | 0.7 |  |   | — |  |   | — |  |   | 85.5 |  |
| Other long-term liabilities(3) | 10.7 |  |   | 2.0 |  |   | 1.8 |  |   | 4.4 |  |   | 18.9 |  |
| Total                          | $ | 152.7 |  |   | $ | 111.5 |  |   | $ | 357.7 |  |   | $ | 482.3 |  |   | $ | 1,104.2 |  |

|     |                                                                                 |
|-----|---------------------------------------------------------------------------------|
| (1) | Interest calculated at December 31, 2016 rates for variable rate debt. |

|     |                                                                                                                              |
|-----|------------------------------------------------------------------------------------------------------------------------------|
| (2) | Purchase obligations primarily consist of contracts and non-cancelable purchase orders for raw materials and finished goods. |

|     |                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Other long-term liabilities consist of estimated expected employer contributions for 2017, along with estimated future payments, for pension and post-retirement plans that are not paid from assets held in a plan trust. |

----

----

----

----

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                          | Pension |   | Post-retirement |
|                          | U.S. |   | International |   |   |
|                          | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Discount rate                 | 4.3 | % |   | 4.6 | % |   | 4.2 | % |   | 2.7 | % |   | 3.7 | % |   | 3.4 | % |   | 3.4 | % |   | 3.9 | % |   | 3.7 | % |
| Rate of compensation increase | N/A |  |   | N/A |  |   | N/A |  |   | 3.1 | % |   | 3.0 | % |   | 3.3 | % |   | N/A |  |   | N/A |  |   | N/A |  |

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                              | Pension |   | Post-retirement |
|                              | U.S. |   | International |   |   |
|                              | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Discount rate                     | 4.6 | % |   | 4.2 | % |   | 5.0 | % |   | 3.7 | % |   | 3.4 | % |   | 4.3 | % |   | 3.9 | % |   | 3.7 | % |   | 4.4 | % |
| Expected long-term rate of return | 7.8 | % |   | 8.0 | % |   | 8.2 | % |   | 6.0 | % |   | 6.5 | % |   | 6.8 | % |   | N/A |  |   | N/A |  |   | N/A |  |
| Rate of compensation increase     | N/A |  |   | N/A |  |   | N/A |  |   | 3.0 | % |   | 3.0 | % |   | 3.3 | % |   | N/A |  |   | N/A |  |   | N/A |  |

----

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |
| ConsolidatedLeverage Ratio                 |   | Eurodollar Credit Spread |   | Base Rate Credit Spread |
| > 4.00 to 1.00                          |   | 2.50% |   | 1.50% |
| ≤ 4.00 to 1.00 and > 3.50 to 1.00 |   | 2.25% |   | 1.25% |
| ≤ 3.50 to 1.00 and > 3.00 to 1.00 |   | 2.00% |   | 1.00% |
| ≤ 3.00 to 1.00 and > 2.00 to 1.00 |   | 1.50% |   | 0.50% |
| ≤ 2.00 to 1.00                       |   | 1.25% |   | 0.25% |

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |
| ConsolidatedLeverage Ratio                 |   | Applicable Rate on Euro/AUD/CDN Dollar Loans |   | Applicable Rate on Base Rate Loans |
| > 4.00 to 1.00                          |   | 2.50% |   | 1.50% |
| ≤ 4.00 to 1.00 and > 3.50 to 1.00 |   | 2.25% |   | 1.25% |
| ≤ 3.50 to 1.00 and > 3.00 to 1.00 |   | 2.00% |   | 1.00% |
| ≤ 3.00 to 1.00 and > 2.00 to 1.00 |   | 1.50% |   | 0.50% |
| ≤ 2.00 to 1.00                       |   | 1.25% |   | 0.25% |

----

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                     | Stated Maturity Date |   |   |   |   |
| (in millions of dollars)                                                                 | 2017 |   | 2018 |   | 2019 |   | 2020 |   | 2021 |   | Thereafter |   | Total |   | Fair Value |
| Long term debt:                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fixed rate Senior Unsecured Notes, due December 2024                                     | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | 400.0 |  |   | $ | 400.0 |  |   | $ | 405.0 |  |
| Fixed interest rate                                                                      |  |  |   |  |  |   |  |  |   |  |  |   |  |  |   | 5.25 | % |   |   |   |   |
| Variable rate U.S. Dollar Senior Secured Term Loan A, due April 2020(1)                  | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | 81.0 |  |   | $ | — |  |   | $ | — |  |   | $ | 81.0 |  |   | $ | 81.0 |  |
| Variable rate Australian Dollar Senior Secured Term Loan A, due April 2020               | $ | 4.5 |  |   | $ | 6.3 |  |   | $ | 8.1 |  |   | $ | 51.4 |  |   | $ | — |  |   | $ | — |  |   | $ | 70.3 |  |   | $ | 70.3 |  |
| Variable rate U.S. Dollar Senior Secured Revolving Credit Facility, due April 2020       | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | 63.7 |  |   | $ | — |  |   | $ | — |  |   | $ | 63.7 |  |   | $ | 63.7 |  |
| Variable rate Australian Dollar Senior Secured Revolving Credit Facility, due April 2020 | $ | — |  |   | $ | — |  |   | $ | — |  |   | $ | 87.9 |  |   | $ | — |  |   | $ | — |  |   | $ | 87.9 |  |   | $ | 87.9 |  |
| Average variable interest rate(2)                                                        | 2.85 | % |   | 2.85 | % |   | 2.85 | % |   | 2.85 | % |   |  |  |   |  |  |   |   |   |   |

|     |                                                                             |
|-----|-----------------------------------------------------------------------------|
| (1) | The required 2017, 2018 and 2019 principal cash payments were made in 2016. |

|     |                                                   |
|-----|---------------------------------------------------|
| (2) | Rates presented are as of December 31, 2016. |

----

|                                                         |
|---------------------------------------------------------|
|                                                         |  |
|                                                    | Page |
| Report of Independent Registered Public Accounting Firm | 48 |
| Consolidated Balance Sheets                             | 49 |
| Consolidated Statements of Income                       | 50 |
| Consolidated Statements of Comprehensive Income (Loss)  | 51 |
| Consolidated Statements of Cash Flows                   | 52 |
| Consolidated Statements of Stockholders’ Equity   | 53 |
| Notes to Consolidated Financial Statements              | 54 |

----

----

|                                                                                                                                                                   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                   |  |  |  |  |  |  |  |
| (in millions of dollars, except share data)                                                                                                                       | December 31, 2016 |   | December 31, 2015 |
| Assets                                                                                                                                                            |   |   |   |
| Current assets:                                                                                                                                                   |   |   |   |
| Cash and cash equivalents                                                                                                                                         | $ | 42.9 |  |   | $ | 55.4 |  |
| Accounts receivable less allowances for discounts, doubtful accounts and sales returns of $15.7 and $18.7, respectively                                           | 391.0 |  |   | 369.3 |  |
| Inventories                                                                                                                                                       | 210.0 |  |   | 203.6 |  |
| Other current assets                                                                                                                                              | 26.8 |  |   | 25.3 |  |
| Total current assets                                                                                                                                              | 670.7 |  |   | 653.6 |  |
| Total property, plant and equipment                                                                                                                               | 528.0 |  |   | 526.1 |  |
| Less: accumulated depreciation                                                                                                                                    | (329.6 | ) |   | (317.0 | ) |
| Property, plant and equipment, net                                                                                                                                | 198.4 |  |   | 209.1 |  |
| Deferred income taxes                                                                                                                                             | 27.3 |  |   | 25.1 |  |
| Goodwill                                                                                                                                                          | 587.1 |  |   | 496.9 |  |
| Identifiable intangibles, net of accumulated amortization of $167.1 and $169.3, respectively                                                                      | 565.7 |  |   | 520.9 |  |
| Other non-current assets                                                                                                                                          | 15.3 |  |   | 47.8 |  |
| Total assets                                                                                                                                                      | $ | 2,064.5 |  |   | $ | 1,953.4 |  |
| Liabilities and Stockholders' Equity                                                                                                                              |   |   |   |
| Current liabilities:                                                                                                                                              |   |   |   |
| Notes payable                                                                                                                                                     | $ | 63.7 |  |   | $ | — |  |
| Current portion of long-term debt                                                                                                                                 | 4.8 |  |   | — |  |
| Accounts payable                                                                                                                                                  | 135.1 |  |   | 147.6 |  |
| Accrued compensation                                                                                                                                              | 42.8 |  |   | 34.0 |  |
| Accrued customer program liabilities                                                                                                                              | 94.0 |  |   | 108.7 |  |
| Accrued interest                                                                                                                                                  | 1.3 |  |   | 6.3 |  |
| Other current liabilities                                                                                                                                         | 64.7 |  |   | 58.7 |  |
| Total current liabilities                                                                                                                                         | 406.4 |  |   | 355.3 |  |
| Long-term debt, net of debt issuance costs of $7.3 and $8.5, respectively                                                                                         | 627.7 |  |   | 720.5 |  |
| Deferred income taxes                                                                                                                                             | 146.7 |  |   | 142.3 |  |
| Pension and post-retirement benefit obligations                                                                                                                   | 98.0 |  |   | 89.1 |  |
| Other non-current liabilities                                                                                                                                     | 77.0 |  |   | 65.0 |  |
| Total liabilities                                                                                                                                                 | 1,355.8 |  |   | 1,372.2 |  |
| Stockholders' equity:                                                                                                                                             |   |   |   |
| Preferred stock, $0.01 par value, 25,000,000 shares authorized; none issued and outstanding                                                                       | — |  |   | — |  |
| Common stock, $0.01 par value, 200,000,000 shares authorized; 110,086,283 and 107,129,051 shares issued and 107,906,644 and 105,640,003 outstanding, respectively | 1.1 |  |   | 1.1 |  |
| Treasury stock, 2,179,639 and 1,489,048 shares, respectively                                                                                                      | (17.0 | ) |   | (11.8 | ) |
| Paid-in capital                                                                                                                                                   | 2,015.7 |  |   | 1,988.3 |  |
| Accumulated other comprehensive loss                                                                                                                              | (419.4 | ) |   | (429.2 | ) |
| Accumulated deficit                                                                                                                                               | (871.7 | ) |   | (967.2 | ) |
| Total stockholders' equity                                                                                                                                        | 708.7 |  |   | 581.2 |  |
| Total liabilities and stockholders' equity                                                                                                                        | $ | 2,064.5 |  |   | $ | 1,953.4 |  |

----

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |  |  |  |
|                                                      | Year Ended December 31, |
| (in millions of dollars, except per share data)           | 2016 |   | 2015 |   | 2014 |
| Net sales                                                 | $ | 1,557.1 |  |   | $ | 1,510.4 |  |   | $ | 1,689.2 |  |
| Cost of products sold                                     | 1,042.0 |  |   | 1,032.0 |  |   | 1,159.3 |  |
| Gross profit                                              | 515.1 |  |   | 478.4 |  |   | 529.9 |  |
| Operating costs and expenses:                             |   |   |   |   |   |
| Advertising, selling, general and administrative expenses | 320.8 |  |   | 295.7 |  |   | 328.6 |  |
| Amortization of intangibles                               | 21.6 |  |   | 19.6 |  |   | 22.2 |  |
| Restructuring charges (credits)                           | 5.4 |  |   | (0.4 | ) |   | 5.5 |  |
| Total operating costs and expenses                        | 347.8 |  |   | 314.9 |  |   | 356.3 |  |
| Operating income                                          | 167.3 |  |   | 163.5 |  |   | 173.6 |  |
| Non-operating expense (income):                           |   |   |   |   |   |
| Interest expense                                          | 49.3 |  |   | 44.5 |  |   | 49.5 |  |
| Interest income                                           | (6.4 | ) |   | (6.6 | ) |   | (5.6 | ) |
| Equity in earnings of joint-venture                       | (2.1 | ) |   | (7.9 | ) |   | (8.1 | ) |
| Other expense, net                                        | 1.4 |  |   | 2.1 |  |   | 0.8 |  |
| Income before income tax                                  | 125.1 |  |   | 131.4 |  |   | 137.0 |  |
| Income tax expense                                        | 29.6 |  |   | 45.5 |  |   | 45.4 |  |
| Net income                                                | $ | 95.5 |  |   | $ | 85.9 |  |   | $ | 91.6 |  |
|                                                      |   |   |   |   |   |
| Per share:                                                |   |   |   |   |   |
| Basic income per share                                    | $ | 0.89 |  |   | $ | 0.79 |  |   | $ | 0.81 |  |
| Diluted income per share                                  | $ | 0.87 |  |   | $ | 0.78 |  |   | $ | 0.79 |  |
|                                                      |   |   |   |   |   |
| Weighted average number of shares outstanding:            |   |   |   |   |   |
| Basic                                                     | 107.0 |  |   | 108.8 |  |   | 113.7 |  |
| Diluted                                                   | 109.2 |  |   | 110.6 |  |   | 116.3 |  |

----

|                                                                                                                                        |
|----------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                        |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                   | Year Ended December 31, |
| (in millions of dollars)                                                                                                               | 2016 |   | 2015 |   | 2014 |
| Net income                                                                                                                             | $ | 95.5 |  |   | $ | 85.9 |  |   | $ | 91.6 |  |
|                                                                                                                                   |   |   |   |   |   |
| Other comprehensive income (loss), net of tax:                                                                                         |   |   |   |   |   |
|   Unrealized gain (loss) on derivative instruments, net of tax (expense) benefit of $(0.7), $0.8, and $(1.0), respectively   | 1.7 |  |   | (1.9 | ) |   | 2.4 |  |
|                                                                                                                                   |   |   |   |   |   |
| Foreign currency translation adjustments                                                                                               | 16.8 |  |   | (136.7 | ) |   | (76.4 | ) |
|                                                                                                                                   |   |   |   |   |   |
|   Recognition of deferred pension and other post-retirement items, net of tax benefit of $0.6, $0.1, and $15.9, respectively | (8.7 | ) |   | 2.0 |  |   | (33.0 | ) |
| Other comprehensive income (loss), net of tax                                                                                          | 9.8 |  |   | (136.6 | ) |   | (107.0 | ) |
|                                                                                                                                   |   |   |   |   |   |
| Comprehensive income (loss)                                                                                                            | $ | 105.3 |  |   | $ | (50.7 | ) |   | $ | (15.4 | ) |

----

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |  |  |  |  |  |  |  |  |  |  |
|                                                                 | Year Ended December 31, |
| (in millions of dollars)                                             | 2016 |   | 2015 |   | 2014 |
| Operating activities                                                 |   |   |   |   |   |
| Net income                                                           | $ | 95.5 |  |   | $ | 85.9 |  |   | $ | 91.6 |  |
| Gain on revaluation of previously held joint-venture equity interest | (28.9 | ) |   | — |  |   | — |  |
| Amortization of inventory step-up                                    | 0.4 |  |   | — |  |   | — |  |
| (Loss) gain on disposal of assets                                    | (0.3 | ) |   | 0.1 |  |   | 0.8 |  |
| Deferred income tax expense                                          | 6.0 |  |   | 27.4 |  |   | 20.6 |  |
| Depreciation                                                         | 30.4 |  |   | 32.4 |  |   | 35.3 |  |
| Amortization of debt issuance costs                                  | 3.8 |  |   | 3.5 |  |   | 4.6 |  |
| Amortization of intangibles                                          | 21.6 |  |   | 19.6 |  |   | 22.2 |  |
| Stock-based compensation                                             | 19.4 |  |   | 16.0 |  |   | 15.7 |  |
| Loss on debt extinguishment                                          | 29.9 |  |   | 1.9 |  |   | — |  |
| Other non-cash charges                                               | 0.1 |  |   | — |  |   | 0.7 |  |
| Equity in earnings of joint-venture, net of dividends received       | (1.6 | ) |   | (3.8 | ) |   | (2.4 | ) |
| Changes in balance sheet items:                                      |   |   |   |   |   |
| Accounts receivable                                                  | 13.4 |  |   | (3.9 | ) |   | 20.4 |  |
| Inventories                                                          | 16.7 |  |   | 9.8 |  |   | 11.6 |  |
| Other assets                                                         | 5.5 |  |   | 1.2 |  |   | (6.1 | ) |
| Accounts payable                                                     | (19.3 | ) |   | (2.6 | ) |   | (10.1 | ) |
| Accrued expenses and other liabilities                               | (31.2 | ) |   | (19.2 | ) |   | (28.9 | ) |
| Accrued income taxes                                                 | 4.5 |  |   | 2.9 |  |   | (4.3 | ) |
| Net cash provided by operating activities                            | 165.9 |  |   | 171.2 |  |   | 171.7 |  |
| Investing activities                                                 |   |   |   |   |   |
| Additions to property, plant and equipment                           | (18.5 | ) |   | (27.6 | ) |   | (29.6 | ) |
| Proceeds from the disposition of assets                              | 0.7 |  |   | 2.8 |  |   | 3.8 |  |
| Cost of acquisitions, net of cash acquired                           | (88.8 | ) |   | — |  |   | — |  |
| Other                                                                | 0.2 |  |   | 0.2 |  |   | — |  |
| Net cash used by investing activities                                | (106.4 | ) |   | (24.6 | ) |   | (25.8 | ) |
| Financing activities                                                 |   |   |   |   |   |
| Proceeds from long-term borrowings                                   | 587.4 |  |   | 300.0 |  |   | — |  |
| Repayments of long-term debt                                         | (685.1 | ) |   | (370.1 | ) |   | (121.1 | ) |
| Borrowings (repayments) of notes payable, net                        | 51.5 |  |   | (0.8 | ) |   | 1.0 |  |
| Payment for debt premium                                             | (25.0 | ) |   | — |  |   | — |  |
| Payments for debt issuance costs                                     | (6.9 | ) |   | (1.7 | ) |   | (0.3 | ) |
| Repurchases of common stock                                          | — |  |   | (60.0 | ) |   | (19.4 | ) |
| Payments related to tax withholding for share-based compensation     | (5.1 | ) |   | (5.9 | ) |   | (2.5 | ) |
| Excess tax benefit from stock-based compensation                     | 1.2 |  |   | — |  |   | — |  |
| Proceeds from the exercise of stock options                          | 6.8 |  |   | 0.7 |  |   | 0.3 |  |
| Net cash used by financing activities                                | (75.2 | ) |   | (137.8 | ) |   | (142.0 | ) |
| Effect of foreign exchange rate changes on cash and cash equivalents | 3.2 |  |   | (6.6 | ) |   | (4.2 | ) |
| Net (decrease) increase in cash and cash equivalents                 | (12.5 | ) |   | 2.2 |  |   | (0.3 | ) |
| Cash and cash equivalents                                            |   |   |   |   |   |
| Beginning of the period                                              | 55.4 |  |   | 53.2 |  |   | 53.5 |  |
| End of the period                                                    | $ | 42.9 |  |   | $ | 55.4 |  |   | $ | 53.2 |  |
| Cash paid during the year for:                                       |   |   |   |   |   |
| Interest                                                             | $ | 50.1 |  |   | $ | 41.0 |  |   | $ | 45.1 |  |
| Income taxes                                                         | $ | 16.9 |  |   | $ | 16.9 |  |   | $ | 28.9 |  |

----

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                       | CommonStock |   | Paid-inCapital |   | AccumulatedOtherComprehensiveIncome (Loss) |   | TreasuryStock |   | AccumulatedDeficit |   | Total |
| Balance at December 31, 2013                                   | $ | 1.1 |  |   | $ | 2,035.0 |  |   | $ | (185.6 | ) |   | $ | (3.5 | ) |   | $ | (1,144.7 | ) |   | $ | 702.3 |  |
| Net income                                                     | — |  |   | — |  |   | — |  |   | — |  |   | 91.6 |  |   | 91.6 |  |
| Income on derivative financial instruments, net of tax         | — |  |   | — |  |   | 2.4 |  |   | — |  |   | — |  |   | 2.4 |  |
| Translation impact                                             | — |  |   | — |  |   | (76.4 | ) |   | — |  |   | — |  |   | (76.4 | ) |
| Pension and post-retirement adjustment, net of tax             | — |  |   | — |  |   | (33.0 | ) |   | — |  |   | — |  |   | (33.0 | ) |
| Common stock repurchases                                       | — |  |   | (19.4 | ) |   | — |  |   | — |  |   | — |  |   | (19.4 | ) |
| Stock-based compensation                                       | — |  |   | 15.7 |  |   | — |  |   | — |  |   | — |  |   | 15.7 |  |
| Common stock issued, net of shares withheld for employee taxes | — |  |   | 0.3 |  |   | — |  |   | (2.5 | ) |   | — |  |   | (2.2 | ) |
| Other                                                          | — |  |   | (0.1 | ) |   | — |  |   | 0.1 |  |   | — |  |   | — |  |
| Balance at December 31, 2014                                   | 1.1 |  |   | 2,031.5 |  |   | (292.6 | ) |   | (5.9 | ) |   | (1,053.1 | ) |   | 681.0 |  |
| Net income                                                     | — |  |   | — |  |   | — |  |   | — |  |   | 85.9 |  |   | 85.9 |  |
| Loss on derivative financial instruments, net of tax           | — |  |   | — |  |   | (1.9 | ) |   | — |  |   | — |  |   | (1.9 | ) |
| Translation impact                                             | — |  |   | — |  |   | (136.7 | ) |   | — |  |   | — |  |   | (136.7 | ) |
| Pension and post-retirement adjustment, net of tax             | — |  |   | — |  |   | 2.0 |  |   | — |  |   | — |  |   | 2.0 |  |
| Common stock repurchases                                       | (0.1 | ) |   | (59.9 | ) |   | — |  |   | — |  |   | — |  |   | (60.0 | ) |
| Stock-based compensation                                       | — |  |   | 16.0 |  |   | — |  |   | — |  |   | — |  |   | 16.0 |  |
| Common stock issued, net of shares withheld for employee taxes | — |  |   | 0.7 |  |   | — |  |   | (5.9 | ) |   | — |  |   | (5.2 | ) |
| Other                                                          | 0.1 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 0.1 |  |
| Balance at December 31, 2015                                   | 1.1 |  |   | 1,988.3 |  |   | (429.2 | ) |   | (11.8 | ) |   | (967.2 | ) |   | 581.2 |  |
| Net income                                                     | — |  |   | — |  |   | — |  |   | — |  |   | 95.5 |  |   | 95.5 |  |
| Income on derivative financial instruments, net of tax         | — |  |   | — |  |   | 1.7 |  |   | — |  |   | — |  |   | 1.7 |  |
| Translation impact                                             | — |  |   | — |  |   | 16.8 |  |   | — |  |   | — |  |   | 16.8 |  |
| Pension and post-retirement adjustment, net of tax             | — |  |   | — |  |   | (8.7 | ) |   | — |  |   | — |  |   | (8.7 | ) |
| Stock-based compensation                                       | — |  |   | 19.4 |  |   | — |  |   | — |  |   | — |  |   | 19.4 |  |
| Common stock issued, net of shares withheld for employee taxes | — |  |   | 6.8 |  |   | — |  |   | (5.2 | ) |   | — |  |   | 1.6 |  |
| Excess tax benefit on stock-based compensation                 | — |  |   | 1.2 |  |   | — |  |   | — |  |   | — |  |   | 1.2 |  |
| Balance at December 31, 2016                                   | $ | 1.1 |  |   | $ | 2,015.7 |  |   | $ | (419.4 | ) |   | $ | (17.0 | ) |   | $ | (871.7 | ) |   | $ | 708.7 |  |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |
|                                                           | CommonStock |   | TreasuryStock |   | NetShares |
| Shares at December 31, 2013                               | 114,056,416 |  |   | 392,560 |  |   | 113,663,856 |  |
| Common stock issued, net of shares withheld for employee taxes | 1,369,740 |  |   | 366,664 |  |   | 1,003,076 |  |
| Common stock repurchases                                       | (2,755,642 | ) |   | — |  |   | (2,755,642 | ) |
| Shares at December 31, 2014                               | 112,670,514 |  |   | 759,224 |  |   | 111,911,290 |  |
| Common stock issued, net of shares withheld for employee taxes | 2,149,165 |  |   | 729,824 |  |   | 1,419,341 |  |
| Common stock repurchases                                       | (7,690,628 | ) |   | — |  |   | (7,690,628 | ) |
| Shares at December 31, 2015                               | 107,129,051 |  |   | 1,489,048 |  |   | 105,640,003 |  |
| Common stock issued, net of shares withheld for employee taxes | 2,957,232 |  |   | 690,591 |  |   | 2,266,641 |  |
| Shares at December 31, 2016                               | 110,086,283 |  |   | 2,179,639 |  |   | 107,906,644 |  |

----

----

|                                    |
|------------------------------------|
|                                    |  |  |
| Property, plant and equipment      |   | Useful Life |
| Buildings                          |   | 40 to 50 years |
| Leasehold improvements             |   | Lesser of lease term or the life of the asset |
| Machinery, equipment and furniture |   | 3 to 10 years |
| Computer software                  |   | 5 to 10 years |

----

----

----

----

|         |                                                                                                                                                                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In August 2015 the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which delayed the effective date of the new standard from January 1, 2017 to January 1, 2018. The FASB also agreed to allow entities to choose to adopt the standard as of the original effective date. |

|         |                                                                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In March 2016 the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations, which clarifies the implementation guidance on principal versus agent considerations. |

|         |                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In April 2016 the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, which clarifies certain aspects of identifying performance obligations and licensing implementation guidance. |

|         |                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In May 2016 the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients related to disclosures of remaining performance obligations, as well as other amendments to guidance on collectability, non-cash consideration and the presentation of sales and other similar taxes collected from customers. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In December 2016 the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers, which amends certain narrow aspects of the guidance issued in ASU 2014-09 including guidance related to the disclosure of remaining performance obligations and prior-period performance obligations, as well as other amendments to the guidance on loan guarantee fees, contract costs, refund liabilities, advertising costs and the clarification of certain examples |

----

----

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |
| (in millions of dollars)                           | At May 2, 2016 |
| Purchase price, net of working capital adjustments | $ | 103.7 |  |
| Fair value of previously held equity interest      | 69.3 |  |
| Consideration for Pelikan Artline                  | $ | 173.0 |  |

----

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |
| (in millions of dollars)                           | At May 2, 2016 |
| Calculation of Goodwill:                           |   |
| Purchase price, net of working capital adjustments | $ | 103.7 |  |
|                                               |   |
| Fair value of previously held equity interest      | 69.3 |  |
|                                               |   |
| Plus fair value of liabilities assumed:            |   |
| Accounts payable and accrued liabilities           | 21.7 |  |
| Deferred tax liabilities                           | 0.2 |  |
| Debt                                               | 24.7 |  |
| Other non-current liabilities                      | 1.4 |  |
|   Fair value of liabilities assumed      | $ | 48.0 |  |
|                                               |   |
| Less fair value of assets acquired:                |   |
| Cash acquired                                      | 14.9 |  |
| Accounts receivable                                | 27.0 |  |
| Inventory                                          | 24.1 |  |
| Property and equipment                             | 2.2 |  |
| Identifiable intangibles                           | 58.0 |  |
| Deferred tax assets                                | 5.7 |  |
| Other assets                                       | 8.6 |  |
|   Fair value of assets acquired          | $ | 140.5 |  |
|                                               |   |
| Goodwill                                           | $ | 80.5 |  |

----

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |
|                                           | Unaudited |
|                                           | Twelve Months Ended December 31, |
| (in millions of dollar, except per share data) | 2016 |   | 2015 |
| Net sales                                      | $ | 1,593.1 |  |   | $ | 1,627.6 |  |
| Net income                                     | 65.3 |  |   | 119.4 |  |
| Net income per common share (diluted)          | $ | 0.60 |  |   | $ | 1.08 |  |

|                                                                                                                                                 |
|-------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                 |  |  |  |  |  |  |  |
| (in millions of dollars)                                                                                                                        | 2016 |   | 2015 |
| U.S. Dollar Senior Secured Term Loan A, due April 2020 (floating interest rate of 2.27% at December 31, 2016 and 1.88% at December 31, 2015)(1) | $ | 81.0 |  |   | $ | 229.0 |  |
| Australian Dollar Senior Secured Term Loan A, due April 2020 (floating interest rate of 3.25% at December 31, 2016)(1)                          | 70.3 |  |   | — |  |
| U.S. Dollar Senior Secured Revolving Credit Facility, due April 2020 (floating interest rate of 2.59% at December 31, 2016)(1)                  | 63.7 |  |   | — |  |
| Australian Dollar Senior Secured Revolving Credit Facility, due April 2020 (floating interest rate of 3.27% at December 31, 2016)               | 87.9 |  |   | — |  |
| Senior Unsecured Notes, due December 2024 (fixed interest rate of 5.25%)                                                                        | 400.0 |  |   | — |  |
| Senior Unsecured Notes, due April 2020 (fixed interest rate of 6.75%)                                                                           | — |  |   | 500.0 |  |
| Other borrowings                                                                                                                                | 0.6 |  |   | — |  |
| Total debt                                                                                                                                      | 703.5 |  |   | 729.0 |  |
| Less:                                                                                                                                           |   |   |   |
|  Current portion                                                                                                                           | 68.5 |  |   | — |  |
|  Debt issuance costs, unamortized                                                                                                          | 7.3 |  |   | 8.5 |  |
| Long-term debt, net                                                                                                                             | $ | 627.7 |  |   | $ | 720.5 |  |

|     |                                                                                                                                                                                                                                                |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | In connection with the consummation of the Esselte Acquisition, the Company entered into a Third Amended and Restated Credit Agreement dated January 27, 2017. See also "Note 20. Subsequent Events" to the consolidated financial statements. |

----

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |
| ConsolidatedLeverage Ratio                 |   | Eurodollar Credit Spread |   | Base Rate Credit Spread |
| > 4.00 to 1.00                          |   | 2.50% |   | 1.50% |
| ≤ 4.00 to 1.00 and > 3.50 to 1.00 |   | 2.25% |   | 1.25% |
| ≤ 3.50 to 1.00 and > 3.00 to 1.00 |   | 2.00% |   | 1.00% |
| ≤ 3.00 to 1.00 and > 2.00 to 1.00 |   | 1.50% |   | 0.50% |
| ≤ 2.00 to 1.00                       |   | 1.25% |   | 0.25% |

|                             |
|-----------------------------|
|                             |  |  |
| Period                      |   | Maximum Consolidated Leverage Ratio(1) |
| July 1, 2015 and thereafter |   | 3.75:1.00 |

|     |                                                                                                                                                                                                                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | The Consolidated Leverage Ratio is computed by dividing the Company's net funded indebtedness by the cumulative four-quarter-trailing EBITDA, which excludes transaction costs, restructuring and other charges up to certain limits as well as other adjustments defined in the 2015 Credit Agreement. |

----

----

|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                              | Pension |   | Post-retirement |
|                                                              | U.S. |   | International |   |   |
| (in millions of dollars)                                          | 2016 |   | 2015 |   | 2016 |   | 2015 |   | 2016 |   | 2015 |
| Change in projected benefit obligation (PBO)                      |   |   |   |   |   |   |   |   |   |   |   |
| Projected benefit obligation at beginning of year                 | $ | 198.7 |  |   | $ | 212.9 |  |   | $ | 347.1 |  |   | $ | 391.8 |  |   | $ | 8.1 |  |   | $ | 12.2 |  |
| Service cost                                                      | 1.3 |  |   | 1.6 |  |   | 0.8 |  |   | 0.9 |  |   | 0.1 |  |   | 0.1 |  |
| Interest cost                                                     | 7.3 |  |   | 8.7 |  |   | 10.3 |  |   | 12.9 |  |   | 0.2 |  |   | 0.4 |  |
| Actuarial loss (gain)                                             | 3.1 |  |   | (14.4 | ) |   | 55.6 |  |   | (19.0 | ) |   | (0.2 | ) |   | (3.4 | ) |
| Participants’ contributions                                 | — |  |   | — |  |   | 0.1 |  |   | 0.2 |  |   | 0.1 |  |   | 0.1 |  |
| Benefits paid                                                     | (10.3 | ) |   | (10.1 | ) |   | (13.0 | ) |   | (15.9 | ) |   | (0.5 | ) |   | (0.5 | ) |
| Curtailment gain                                                  | — |  |   | — |  |   | (0.6 | ) |   | — |  |   | (0.8 | ) |   | — |  |
| Plan amendments                                                   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (0.2 | ) |
| Foreign exchange rate changes                                     | — |  |   | — |  |   | (55.2 | ) |   | (23.8 | ) |   | (0.3 | ) |   | (0.6 | ) |
| Projected benefit obligation at end of year                       | 200.1 |  |   | 198.7 |  |   | 345.1 |  |   | 347.1 |  |   | 6.7 |  |   | 8.1 |  |
| Change in plan assets                                             |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of plan assets at beginning of year                    | 145.8 |  |   | 163.9 |  |   | 318.9 |  |   | 351.2 |  |   | — |  |   | — |  |
| Actual return on plan assets                                      | 14.1 |  |   | (9.3 | ) |   | 41.8 |  |   | (0.8 | ) |   | — |  |   | — |  |
| Employer contributions                                            | 0.9 |  |   | 1.3 |  |   | 4.9 |  |   | 5.4 |  |   | 0.4 |  |   | 0.4 |  |
| Participants’ contributions                                 | — |  |   | — |  |   | 0.1 |  |   | 0.2 |  |   | 0.1 |  |   | 0.1 |  |
| Benefits paid                                                     | (10.3 | ) |   | (10.1 | ) |   | (13.0 | ) |   | (15.9 | ) |   | (0.5 | ) |   | (0.5 | ) |
| Foreign exchange rate changes                                     | — |  |   | — |  |   | (50.0 | ) |   | (21.2 | ) |   | — |  |   | — |  |
| Fair value of plan assets at end of year                          | 150.5 |  |   | 145.8 |  |   | 302.7 |  |   | 318.9 |  |   | — |  |   | — |  |
| Funded status (Fair value of plan assets less PBO)                | $ | (49.6 | ) |   | $ | (52.9 | ) |   | $ | (42.4 | ) |   | $ | (28.2 | ) |   | $ | (6.7 | ) |   | $ | (8.1 | ) |
| Amounts recognized in the Consolidated Balance Sheets consist of: |   |   |   |   |   |   |   |   |   |   |   |
| Other non-current assets                                          | $ | — |  |   | $ | — |  |   | $ | 0.3 |  |   | $ | 0.9 |  |   | $ | — |  |   | $ | — |  |
| Other current liabilities                                         | — |  |   | — |  |   | 0.4 |  |   | 0.4 |  |   | 0.6 |  |   | 0.6 |  |
| Pension and post-retirement benefit obligations(1)                | 49.6 |  |   | 52.9 |  |   | 42.3 |  |   | 28.7 |  |   | 6.1 |  |   | 7.5 |  |
| Components of accumulated other comprehensive income, net of tax: |   |   |   |   |   |   |   |   |   |   |   |
| Unrecognized actuarial loss (gain)                                | 54.2 |  |   | 55.1 |  |   | 83.7 |  |   | 75.0 |  |   | (3.5 | ) |   | (4.2 | ) |
| Unrecognized prior service cost (credit)                          | 2.0 |  |   | 2.0 |  |   | (0.2 | ) |   | (0.3 | ) |   | (0.2 | ) |   | (0.2 | ) |

|     |                                                                                                                                                                                                                                                  |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Pension and post-retirement obligations of $98.0 million as of December 31, 2016, increased from $89.1 million as of December 31, 2015, primarily due to lower discount rates compared to prior year assumptions for the U.K. plan.  |

----

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |  |  |  |  |
|                     | Pension |   | Post-retirement |
| (in millions of dollars) | U.S. |   | International |   |
| Actuarial loss (gain)    | $ | 2.0 |  |   | $ | 2.9 |  |   | $ | (0.4 | ) |
| Prior service cost       | 0.4 |  |   | — |  |   | — |  |
|                     | $ | 2.4 |  |   | $ | 2.9 |  |   | $ | (0.4 | ) |

|                                |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                           | U.S. |   | International |
| (in millions of dollars)       | 2016 |   | 2015 |   | 2016 |   | 2015 |
| Projected benefit obligation   | $ | 200.1 |  |   | $ | 198.7 |  |   | $ | 326.9 |  |   | $ | 334.1 |  |
| Accumulated benefit obligation | 198.3 |  |   | 196.1 |  |   | 320.4 |  |   | 324.7 |  |
| Fair value of plan assets      | 150.5 |  |   | 145.8 |  |   | 284.2 |  |   | 305.0 |  |

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                        | Pension |   | Post-retirement |
|                                        | U.S. |   | International |   |   |   |   |   |   |
| (in millions of dollars)                    | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Service cost                                | $ | 1.3 |  |   | $ | 1.6 |  |   | $ | 2.1 |  |   | $ | 0.8 |  |   | $ | 0.9 |  |   | $ | 0.8 |  |   | $ | 0.1 |  |   | $ | 0.1 |  |   | $ | 0.2 |  |
| Interest cost                               | 7.3 |  |   | 8.7 |  |   | 8.6 |  |   | 10.3 |  |   | 12.9 |  |   | 15.7 |  |   | 0.2 |  |   | 0.4 |  |   | 0.5 |  |
| Expected return on plan assets              | (11.9 | ) |   | (12.2 | ) |   | (12.0 | ) |   | (17.6 | ) |   | (21.9 | ) |   | (22.8 | ) |   | — |  |   | — |  |   | — |  |
| Amortization of net loss (gain)             | 1.8 |  |   | 2.1 |  |   | 5.1 |  |   | 2.3 |  |   | 2.4 |  |   | 1.9 |  |   | (0.4 | ) |   | (0.4 | ) |   | (1.1 | ) |
| Amortization of prior service cost (credit) | 0.4 |  |   | 0.4 |  |   | 0.4 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (0.3 | ) |   | — |  |
| Curtailment gain                            | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (0.6 | ) |   | — |  |   | — |  |
| Settlement gain                             | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (0.5 | ) |   | (0.1 | ) |
| Net periodic benefit (income) cost          | $ | (1.1 | ) |   | $ | 0.6 |  |   | $ | 4.2 |  |   | $ | (4.2 | ) |   | $ | (5.7 | ) |   | $ | (4.4 | ) |   | $ | (0.7 | ) |   | $ | (0.7 | ) |   | $ | (0.5 | ) |

----

|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                         | Pension |   | Post-retirement |
|                                                                                         | U.S. |   | International |   |   |   |   |   |   |
| (in millions of dollars)                                                                     | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Current year actuarial loss (gain)                                                           | $ | 0.9 |  |   | $ | 7.1 |  |   | $ | 35.4 |  |   | $ | 27.9 |  |   | $ | 3.8 |  |   | $ | 27.3 |  |   | $ | (1.0 | ) |   | $ | (3.4 | ) |   | $ | (0.3 | ) |
| Amortization of actuarial (loss) gain                                                        | (1.8 | ) |   | (2.1 | ) |   | (5.1 | ) |   | (2.3 | ) |   | (2.4 | ) |   | (1.9 | ) |   | 1.0 |  |   | 0.9 |  |   | 1.1 |  |
| Current year prior service (credit) cost                                                     | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | (0.2 | ) |   | — |  |   | (0.2 | ) |   | (0.3 | ) |
| Amortization of prior service (cost) credit                                                  | (0.4 | ) |   | (0.4 | ) |   | (0.4 | ) |   | — |  |   | — |  |   | — |  |   | — |  |   | 0.3 |  |   | — |  |
| Foreign exchange rate changes                                                                | — |  |   | — |  |   | — |  |   | (15.5 | ) |   | (5.6 | ) |   | (6.8 | ) |   | 0.5 |  |   | 0.1 |  |   | 0.1 |  |
| Total recognized in other comprehensive income (loss)                                        | $ | (1.3 | ) |   | $ | 4.6 |  |   | $ | 29.9 |  |   | $ | 10.1 |  |   | $ | (4.2 | ) |   | $ | 18.4 |  |   | $ | 0.5 |  |   | $ | (2.3 | ) |   | $ | 0.6 |  |
| Total recognized in net periodic benefit cost (credit) and other comprehensive income (loss) | $ | (2.4 | ) |   | $ | 5.2 |  |   | $ | 34.1 |  |   | $ | 5.9 |  |   | $ | (9.9 | ) |   | $ | 14.0 |  |   | $ | (0.2 | ) |   | $ | (3.0 | ) |   | $ | 0.1 |  |

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                          | Pension |   | Post-retirement |
|                          | U.S. |   | International |   |   |
|                          | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Discount rate                 | 4.3 | % |   | 4.6 | % |   | 4.2 | % |   | 2.7 | % |   | 3.7 | % |   | 3.4 | % |   | 3.4 | % |   | 3.9 | % |   | 3.7 | % |
| Rate of compensation increase | N/A |  |   | N/A |  |   | N/A |  |   | 3.1 | % |   | 3.0 | % |   | 3.3 | % |   | N/A |  |   | N/A |  |   | N/A |  |

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                              | Pension |   | Post-retirement |
|                              | U.S. |   | International |   |   |
|                              | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |   | 2016 |   | 2015 |   | 2014 |
| Discount rate                     | 4.6 | % |   | 4.2 | % |   | 5.0 | % |   | 3.7 | % |   | 3.4 | % |   | 4.3 | % |   | 3.9 | % |   | 3.7 | % |   | 4.4 | % |
| Expected long-term rate of return | 7.8 | % |   | 8.0 | % |   | 8.2 | % |   | 6.0 | % |   | 6.5 | % |   | 6.8 | % |   | N/A |  |   | N/A |  |   | N/A |  |
| Rate of compensation increase     | N/A |  |   | N/A |  |   | N/A |  |   | 3.0 | % |   | 3.0 | % |   | 3.3 | % |   | N/A |  |   | N/A |  |   | N/A |  |

|                                                                               |
|-------------------------------------------------------------------------------|
|                                                                               |  |  |  |  |  |  |  |  |
|                                                                          | Post-retirement |
|                                                                          | 2016 |   | 2015 |   | 2014 |
| Health care cost trend rate assumed for next year                             | 8 | % |   | 7 | % |   | 8 | % |
| Rate that the cost trend rate is assumed to decline (the ultimate trend rate) | 5 | % |   | 5 | % |   | 5 | % |
| Year that the rate reaches the ultimate trend rate                            | 2025 |  |   | 2024 |  |   | 2023 |  |

----

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |
|                                                      | 1-Percentage- |   | 1-Percentage- |
| (in millions of dollars)                                  | Point Increase |   | Point Decrease |
| Increase (decrease) on total of service and interest cost | $ | — |  |   | $ | — |  |
| Increase (decrease) on post-retirement benefit obligation | 0.5 |  |   | (0.4 | ) |

|                   |
|-------------------|
|                   |  |  |  |  |  |  |  |  |  |  |  |  |
|              |   | 2016 |   | 2015 |
|              |   | U.S. |   | International |   | U.S. |   | International |
| Asset category    |   |   |   |   |   |   |   |
| Equity securities | 68 | % |   | 33 | % |   | 61 | % |   | 45 | % |
| Fixed income      | 25 |  |   | 51 |  |   | 31 |  |   | 39 |  |
| Real estate       | — |  |   | 3 |  |   | — |  |   | 4 |  |
| Other(2)          |   | 7 |  |   | 13 |  |   | 8 |  |   | 12 |  |
| Total             | 100 | % |   | 100 | % |   | 100 | % |   | 100 | % |

|     |                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------|
| (2) | Insurance contracts, multi-strategy hedge funds and cash and cash equivalents for certain of our plans. |

|                                                                            |
|----------------------------------------------------------------------------|
|                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                                   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   | SignificantOtherObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |   | Fair Valueas ofDecember 31,2016 |
| Mutual funds                                                               | $ | 89.3 |  |   | $ | — |  |   | $ | — |  |   | $ | 89.3 |  |
| Exchange traded funds                                                      | 13.5 |  |   | — |  |   | — |  |   | 13.5 |  |
| Common collective trust funds                                              | — |  |   | 7.9 |  |   | — |  |   | 7.9 |  |
| Corporate debt securities                                                  | — |  |   | 16.3 |  |   | — |  |   | 16.3 |  |
| Asset-backed securities                                                    | — |  |   | 3.4 |  |   | — |  |   | 3.4 |  |
| Government mortgage-backed securities                                      | — |  |   | 5.4 |  |   | — |  |   | 5.4 |  |
| Collateralized mortgage obligations, mortgage backed securities, and other | — |  |   | 5.2 |  |   | — |  |   | 5.2 |  |
| Investments measured at net asset value(3)                                 |   |   |   |   |   |   |   |
| Multi-strategy hedge funds                                                 |   |   |   |   |   |   | 9.5 |  |
| Total                                                                      | $ | 102.8 |  |   | $ | 38.2 |  |   | $ | — |  |   | $ | 150.5 |  |

----

|                                                                            |
|----------------------------------------------------------------------------|
|                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                                   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   | SignificantOtherObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |   | Fair Valueas ofDecember 31,2015 |
| Common stocks                                                              | $ | 6.9 |  |   | $ | — |  |   | $ | — |  |   | $ | 6.9 |  |
| Mutual funds                                                               | 82.6 |  |   | — |  |   | — |  |   | 82.6 |  |
| Common collective trust funds                                              | — |  |   | 2.1 |  |   | — |  |   | 2.1 |  |
| Government debt securities                                                 | — |  |   | 3.1 |  |   | — |  |   | 3.1 |  |
| Corporate debt securities                                                  | — |  |   | 19.0 |  |   | — |  |   | 19.0 |  |
| Asset-backed securities                                                    | — |  |   | 8.8 |  |   | — |  |   | 8.8 |  |
| Government mortgage-backed securities                                      | — |  |   | 7.3 |  |   | — |  |   | 7.3 |  |
| Collateralized mortgage obligations, mortgage backed securities, and other | — |  |   | 6.8 |  |   | — |  |   | 6.8 |  |
| Investments measured at net asset value(3)                                 |   |   |   |   |   |   |   |
| Multi-strategy hedge funds                                                 |   |   |   |   |   |   | 9.2 |  |
| Total                                                                      | $ | 89.5 |  |   | $ | 47.1 |  |   | $ | — |  |   | $ | 145.8 |  |

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   | SignificantOtherObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |   | Fair Valueas ofDecember 31,2016 |
| Cash and cash equivalents                  | $ | 0.5 |  |   | $ | — |  |   | $ | — |  |   | $ | 0.5 |  |
| Equity securities                          | 99.2 |  |   | — |  |   | — |  |   | 99.2 |  |
| Corporate debt securities                  | — |  |   | 145.3 |  |   | — |  |   | 145.3 |  |
| Multi-strategy hedge funds                 | — |  |   | 20.2 |  |   | — |  |   | 20.2 |  |
| Insurance contracts                        | — |  |   | 17.8 |  |   | — |  |   | 17.8 |  |
| Government debt securities                 | — |  |   | 10.1 |  |   | — |  |   | 10.1 |  |
| Investments measured at net asset value(3) |   |   |   |   |   |   |   |
| Real estate                                |   |   |   |   |   |   | 9.6 |  |
| Total                                      | $ | 99.7 |  |   | $ | 193.4 |  |   | $ | — |  |   | $ | 302.7 |  |

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                   | Quoted Pricesin ActiveMarkets forIdenticalAssets(Level 1) |   | SignificantOtherObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |   | Fair Valueas ofDecember 31,2015 |
| Cash and cash equivalents                  | $ | 1.2 |  |   | $ | — |  |   | $ | — |  |   | $ | 1.2 |  |
| Equity securities                          | 142.6 |  |   | — |  |   | — |  |   | 142.6 |  |
| Corporate debt securities                  | — |  |   | 121.6 |  |   | — |  |   | 121.6 |  |
| Multi-strategy hedge funds                 | — |  |   | 23.7 |  |   | — |  |   | 23.7 |  |
| Insurance contracts                        | — |  |   | 15.3 |  |   | — |  |   | 15.3 |  |
| Government debt securities                 | — |  |   | 3.2 |  |   | — |  |   | 3.2 |  |
| Investments measured at net asset value(3) |   |   |   |   |   |   |   |
| Real estate                                |   |   |   |   |   |   | 11.3 |  |
| Total                                      | $ | 143.8 |  |   | $ | 163.8 |  |   | $ | — |  |   | $ | 318.9 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Certain investments that are measured at fair value using the net asset value per share practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in these tables are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the table that presents our defined benefit pension and post-retirement plans funded status. |

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |
|                     | Pension |   | Post-retirement |
| (in millions of dollars) | Benefits |   | Benefits |
| 2017                     | $ | 23.0 |  |   | $ | 0.6 |  |
| 2018                     | 23.7 |  |   | 0.6 |  |
| 2019                     | 24.0 |  |   | 0.6 |  |
| 2020                     | 24.7 |  |   | 0.5 |  |
| 2021                     | 25.1 |  |   | 0.5 |  |
| Years 2022 - 2026        | 134.4 |  |   | 2.3 |  |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                        |   |   |   | Pension Protection Act Zone Status |   | FIP/RP Status Pending/Implemented |   | Contributions |   |   |   | Expiration Date of Collective-Bargaining Agreement |
|                                        |   |   |   |   |   | Year Ended December 31, |   |   |   |
| Pension Fund                                |   | EIN/Pension Plan Number |   | 2016 |   | 2015 |   |   | 2016 |   | 2015 |   | 2014 |   | Surcharge Imposed |   |
| PACE Industry Union-Management Pension Fund |   | 11-6166763 / 001 |   | Red |   | Red |   | Implemented |   | $ | 0.3 |  |   | $ | 0.3 |  |   | $ | 0.4 |  |   | Yes |   | 6/30/2017 |

|                                                          |
|----------------------------------------------------------|
|                                                          |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                 | 2016 |   | 2015 |   | 2014 |
| Advertising, selling, general and administrative expense | $ | 19.4 |  |   | $ | 16.0 |  |   | $ | 15.7 |  |
| Loss before income tax                                   | (19.4 | ) |   | (16.0 | ) |   | (15.7 | ) |
| Income tax benefit                                       | (7.0 | ) |   | (5.7 | ) |   | (5.7 | ) |
| Net (loss)                                               | $ | (12.4 | ) |   | $ | (10.3 | ) |   | $ | (10.0 | ) |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)               | 2016 |   | 2015 |   | 2014 |
| Stock option compensation expense      | $ | 2.9 |  |   | $ | 3.9 |  |   | $ | 3.7 |  |
| RSU compensation expense               | 4.5 |  |   | 4.7 |  |   | 6.6 |  |
| PSU compensation expense               | 12.0 |  |   | 7.4 |  |   | 5.4 |  |
| Total stock-based compensation expense | $ | 19.4 |  |   | $ | 16.0 |  |   | $ | 15.7 |  |

----

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |
|                                     | Year Ended December 31, |
|                                     | 2015 |   | 2014 |
| Weighted average expected lives          | 4.5 |  | years |   | 4.5 |  | years |
| Weighted average risk-free interest rate | 1.47 |  | % |   | 1.33 |  | % |
| Weighted average expected volatility     | 46.5 |  | % |   | 52.2 |  | % |
| Expected dividend yield                  | 0.0 |  | % |   | 0.0 |  | % |
| Weighted average grant date fair value   | $ | 3.00 |  |   |   | $ | 2.69 |  |   |

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |
|                                    | NumberOutstanding |   | WeightedAverageExercisePrice |   | Weighted  AverageRemainingContractual Term |   | AggregateIntrinsicValue |
| Outstanding at December 31, 2015        | 5,583,531 |  |   | $ | 7.20 |  |   |   |   |   |
| Exercised                               | (1,359,515 | ) |   | $ | 5.30 |  |   |   |   |   |
| Lapsed                                  | (90,142 | ) |   | $ | 7.35 |  |   |   |   |   |
| Outstanding at December 31, 2016        | 4,133,874 |  |   | $ | 7.82 |  |   | 3.8 years |   | $ | 21.6 |  million |
| Options vested or expected to vest      | 4,099,827 |  |   | $ | 7.83 |  |   | 3.8 years |   | $ | 21.4 |  million |
| Exercisable shares at December 31, 2016 | 2,782,697 |  |   | $ | 8.20 |  |   | 3.2 years |   | $ | 13.5 |  million |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |
|                                        | StockUnits |   | WeightedAverageGrantDate FairValue |
| Outstanding at December 31, 2015            | 2,007,127 |  |   | $ | 7.11 |  |
| Granted                                     | 516,739 |  |   | $ | 8.05 |  |
| Vested and distributed                      | (577,997 | ) |   | $ | 7.56 |  |
| Forfeited and cancelled                     | (35,200 | ) |   | $ | 6.88 |  |
| Outstanding at December 31, 2016            | 1,910,669 |  |   | $ | 7.23 |  |
| Vested and deferred at December 31, 2016(1) | 295,453 |  |   | $ | 8.51 |  |

|     |                                                                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Included in outstanding at December 31, 2016. Vested and deferred RSUs are primarily related to deferred compensation for non-employee directors. |

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |
|                                         | StockUnits |   | WeightedAverageGrantDate FairValue |
| Outstanding at December 31, 2015             | 3,197,735 |  |   | $ | 7.07 |  |
| Granted                                      | 1,013,242 |  |   | $ | 7.65 |  |
| Vested                                       | (1,072,692 | ) |   | $ | 7.58 |  |
| Forfeited and cancelled                      | (58,959 | ) |   | $ | 7.21 |  |
| Other - increase due to performance of PSU's | 1,202,466 |  |   | $ | 7.08 |  |
| Outstanding at December 31, 2016             | 4,281,792 |  |   | $ | 7.09 |  |

----

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |
|                     | December 31, |
| (in millions of dollars) | 2016 |   | 2015 |
| Raw materials            | $ | 30.3 |  |   | $ | 33.3 |  |
| Work in process          | 3.0 |  |   | 2.6 |  |
| Finished goods           | 176.7 |  |   | 167.7 |  |
| Total inventories        | $ | 210.0 |  |   | $ | 203.6 |  |

|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |
|                                     | December 31, |
| (in millions of dollars)                 | 2016 |   | 2015 |
| Land and improvements                    | $ | 18.9 |  |   | $ | 17.6 |  |
| Buildings and improvements to leaseholds | 119.1 |  |   | 120.0 |  |
| Machinery and equipment                  | 382.0 |  |   | 358.5 |  |
| Construction in progress                 | 8.0 |  |   | 30.0 |  |
|                                     | 528.0 |  |   | 526.1 |  |
| Less: accumulated depreciation           | (329.6 | ) |   | (317.0 | ) |
| Property, plant and equipment, net(1)    | $ | 198.4 |  |   | $ | 209.1 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                      |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Net property, plant and equipment as of December 31, 2016 and 2015 contained $34.7 million and $40.7 million of computer software assets, which are classified within machinery and equipment and construction in progress. Amortization of software costs was $7.0 million, $6.1 million and $7.4 million for the years ended December 31, 2016, 2015 and 2014, respectively. |

----

|        |
|--------|
|        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   | (in millions of dollars) | ACCOBrandsNorth America |   | ACCOBrandsInternational |   | ComputerProductsGroup |   | Total |
|   |
|   | Balance at December 31, 2014 | $ | 387.6 |  |   | $ | 150.5 |  |   | $ | 6.8 |  |   | $ | 544.9 |  |
|   | Translation | (10.1 | ) |   | (37.9 | ) |   | — |  |   | (48.0 | ) |
|   | Balance at December 31, 2015 | 377.5 |  |   | 112.6 |  |   | 6.8 |  |   | 496.9 |  |
|   | PA Acquisition | — |  |   | 80.5 |  |   | — |  |   | 80.5 |  |
|   | Translation | 1.5 |  |   | 8.2 |  |   | — |  |   | 9.7 |  |
|   | Balance at December 31, 2016 | $ | 379.0 |  |   | $ | 201.3 |  |   | $ | 6.8 |  |   | $ | 587.1 |  |
|   | Goodwill | $ | 509.9 |  |   | $ | 285.5 |  |   | $ | 6.8 |  |   | $ | 802.2 |  |
|   | Accumulated impairment losses | (130.9 | ) |   | (84.2 | ) |   | — |  |   | (215.1 | ) |
|   | Balance at December 31, 2016 | $ | 379.0 |  |   | $ | 201.3 |  |   | $ | 6.8 |  |   | $ | 587.1 |  |

----

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |
| (in millions of dollars)                | Fair Value |   | Remaining Useful Life Ranges |
| Customer relationships                  | $ | 36.0 |  |   | 12 Years |
| Trade names - amortizable               | 22.0 |  |   | 12-30 Years |
| Total identifiable intangibles acquired | $ | 58.0 |  |   |   |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                   | December 31, 2016 |   | December 31, 2015 |
| (in millions of dollars)               | GrossCarryingAmounts |   | AccumulatedAmortization |   | NetBookValue |   | GrossCarryingAmounts |   | AccumulatedAmortization |   | NetBookValue |
| Indefinite-lived intangible assets:    |   |   |   |   |   |   |   |   |   |   |   |
| Trade names                            | $ | 483.3 |  |   | $ | (44.5 | ) | (1)  | $ | 438.8 |  |   | $ | 471.8 |  |   | $ | (44.5 | ) | (1)  | $ | 427.3 |  |
| Amortizable intangible assets:         |   |   |   |   |   |   |   |   |   |   |   |
| Trade names                            | 121.2 |  |   | (48.8 | ) |   | 72.4 |  |   | 122.6 |  |   | (61.7 | ) |   | 60.9 |  |
| Customer and contractual relationships | 128.3 |  |   | (73.8 | ) |   | 54.5 |  |   | 95.8 |  |   | (63.1 | ) |   | 32.7 |  |
| Subtotal                               | 249.5 |  |   | (122.6 | ) |   | 126.9 |  |   | 218.4 |  |   | (124.8 | ) |   | 93.6 |  |
| Total identifiable intangibles         | $ | 732.8 |  |   | $ | (167.1 | ) |   | $ | 565.7 |  |   | $ | 690.2 |  |   | $ | (169.3 | ) |   | $ | 520.9 |  |

|     |                                                                                                                                                              |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Accumulated amortization prior to the adoption of authoritative guidance on goodwill and other intangible assets, at which time further amortization ceased. |

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)          | 2017 |   | 2018 |   | 2019 |   | 2020 |   | 2021 |
| Estimated amortization expense(2) | $ | 20.1 |  |   | $ | 17.5 |  |   | $ | 15.0 |  |   | $ | 12.4 |  |   | $ | 9.9 |  |

|     |                                                                                                                                                                                                                                                                        |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Actual amounts of amortization expense may differ from estimated amounts due to changes in foreign currency exchange rates, additional intangible asset acquisitions, impairment of intangible assets, accelerated amortization of intangible assets and other events. |

----

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)        | Balance at December 31, 2015 |   | Provision |   | CashExpenditures |   | Balance at December 31, 2016 |
| Employee termination costs      | $ | 0.9 |  |   | $ | 5.2 |  |   | $ | (4.7 | ) |   | $ | 1.4 |  |
| Termination of lease agreements | 0.1 |  |   | 0.2 |  |   | (0.2 | ) |   | 0.1 |  |
| Total restructuring liability   | $ | 1.0 |  |   | $ | 5.4 |  |   | $ | (4.9 | ) |   | $ | 1.5 |  |

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)        | Balance at December 31, 2014 |   | Provision/(Credits) |   | CashExpenditures |   | Non-cashItems/Currency Change |   | Balance at December 31, 2015 |
| Employee termination costs      | $ | 7.8 |  |   | $ | (0.6 | ) |   | $ | (6.0 | ) |   | $ | (0.3 | ) |   | $ | 0.9 |  |
| Termination of lease agreements | 0.6 |  |   | 0.2 |  |   | (0.7 | ) |   | — |  |   | 0.1 |  |
| Total restructuring liability   | $ | 8.4 |  |   | $ | (0.4 | ) |   | $ | (6.7 | ) |   | $ | (0.3 | ) |   | $ | 1.0 |  |

|                                                                                          |
|------------------------------------------------------------------------------------------|
|                                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                                                 | Balance at December 31, 2013 |   | Provision |   | CashExpenditures |   | Non-cashItems/Currency Change |   | Balance at December 31, 2014 |
| Employee termination costs                                                               | $ | 19.1 |  |   | $ | 4.3 |  |   | $ | (15.3 | ) |   | $ | (0.3 | ) |   | $ | 7.8 |  |
| Termination of lease agreements                                                          | 1.4 |  |   | 0.5 |  |   | (1.5 | ) |   | 0.2 |  |   | 0.6 |  |
| Asset impairments/net loss on disposal of assets resulting from restructuring activities | — |  |   | 0.6 |  |   | — |  |   | (0.6 | ) |   | — |  |
| Other                                                                                    | — |  |   | 0.1 |  |   | (0.1 | ) |   | — |  |   | — |  |
| Total restructuring liability                                                            | $ | 20.5 |  |   | $ | 5.5 |  |   | $ | (16.9 | ) |   | $ | (0.7 | ) |   | $ | 8.4 |  |

----

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars) | 2016 |   | 2015 |   | 2014 |
| Domestic operations      | $ | 33.9 |  |   | $ | 60.9 |  |   | $ | 43.5 |  |
| Foreign operations       | 91.2 |  |   | 70.5 |  |   | 93.5 |  |
| Total                    | $ | 125.1 |  |   | $ | 131.4 |  |   | $ | 137.0 |  |

|                                                                    |
|--------------------------------------------------------------------|
|                                                                    |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                           | 2016 |   | 2015 |   | 2014 |
| Income tax at U.S. statutory rate of 35%                           | $ | 43.8 |  |   | $ | 46.0 |  |   | $ | 47.9 |  |
| State, local and other tax, net of federal benefit                 | 2.4 |  |   | 2.1 |  |   | 2.1 |  |
| U.S. effect of foreign dividends and withholding taxes             | 4.6 |  |   | 3.9 |  |   | 7.4 |  |
| Unrealized foreign currency expense (benefit) on intercompany debt | 0.7 |  |   | (0.7 | ) |   | (3.0 | ) |
| Realized foreign exchange net loss on intercompany loans           | (9.6 | ) |   | — |  |   | — |  |
| Revaluation of previously held equity interest                     | (12.0 | ) |   | — |  |   | — |  |
| Foreign income taxed at a lower effective rate                     | (4.6 | ) |   | (5.6 | ) |   | (8.6 | ) |
| Interest on Brazilian Tax Assessment                               | 2.8 |  |   | 2.7 |  |   | 3.2 |  |
| Expiration of tax credits                                          | 10.9 |  |   | 1.0 |  |   | 11.7 |  |
| Decrease in valuation allowance                                    | (9.9 | ) |   | (1.3 | ) |   | (11.5 | ) |
| Other                                                              | 0.5 |  |   | (2.6 | ) |   | (3.8 | ) |
| Income taxes as reported                                           | $ | 29.6 |  |   | $ | 45.5 |  |   | $ | 45.4 |  |
| Effective tax rate                                                 | 23.7 | % |   | 34.6 | % |   | 33.1 | % |

----

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)          | 2016 |   | 2015 |   | 2014 |
| Current expense                   |   |   |   |   |   |
| Federal and other                 | $ | 0.7 |  |   | $ | 2.1 |  |   | $ | 1.6 |  |
| Foreign                           | 22.9 |  |   | 16.0 |  |   | 23.2 |  |
| Total current income tax expense  | 23.6 |  |   | 18.1 |  |   | 24.8 |  |
| Deferred expense                  |   |   |   |   |   |
| Federal and other                 | 3.5 |  |   | 22.8 |  |   | 15.4 |  |
| Foreign                           | 2.5 |  |   | 4.6 |  |   | 5.2 |  |
| Total deferred income tax expense | 6.0 |  |   | 27.4 |  |   | 20.6 |  |
| Total income tax expense          | $ | 29.6 |  |   | $ | 45.5 |  |   | $ | 45.4 |  |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |
| (in millions of dollars)                                       | 2016 |   | 2015 |
| Deferred tax assets                                            |   |   |   |
|  Compensation and benefits                                | $ | 20.7 |  |   | $ | 17.3 |  |
|  Pension                                                  | 28.6 |  |   | 27.9 |  |
|  Inventory                                                | 12.4 |  |   | 11.4 |  |
|  Other reserves                                           | 19.1 |  |   | 17.1 |  |
|  Accounts receivable                                      | 7.0 |  |   | 7.7 |  |
|  Foreign tax credit carryforwards                         | — |  |   | 10.9 |  |
|  Net operating loss carryforwards                         | 47.2 |  |   | 56.9 |  |
|  Unrealized foreign currency benefit on intercompany debt | — |  |   | 3.0 |  |
|  Other                                                    | 10.3 |  |   | 9.4 |  |
| Gross deferred income tax assets                               | 145.3 |  |   | 161.6 |  |
|  Valuation allowance                                      | (11.7 | ) |   | (22.1 | ) |
| Net deferred tax assets                                        | 133.6 |  |   | 139.5 |  |
| Deferred tax liabilities                                       |   |   |   |
|  Depreciation                                             | (12.6 | ) |   | (16.0 | ) |
|  Identifiable intangibles                                 | (240.4 | ) |   | (240.7 | ) |
| Gross deferred tax liabilities                                 | (253.0 | ) |   | (256.7 | ) |
| Net deferred tax liabilities                                   | $ | (119.4 | ) |   | $ | (117.2 | ) |

----

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                             | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year                         | $ | 34.8 |  |   | $ | 45.9 |  |   | $ | 52.1 |  |
| Additions for tax positions of prior years           | 3.0 |  |   | 3.0 |  |   | 3.5 |  |
| Reductions for tax positions of prior years          | (0.5 | ) |   | — |  |   | (4.2 | ) |
| Increase resulting from foreign currency translation | 6.4 |  |   | — |  |   | — |  |
| Decrease resulting from foreign currency translation | — |  |   | (14.1 | ) |   | (5.5 | ) |
| Balance at end of year                               | $ | 43.7 |  |   | $ | 34.8 |  |   | $ | 45.9 |  |

----

|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |
| (in millions)                                                            | 2016 |   | 2015 |   | 2014 |
| Weighted-average number of common shares outstanding — basic       | 107.0 |  |   | 108.8 |  |   | 113.7 |  |
| Stock options                                                            | 0.8 |  |   | 0.2 |  |   | 0.1 |  |
| Stock-settled stock appreciation rights                                  | — |  |   | 0.3 |  |   | 0.6 |  |
| Restricted stock units                                                   | 1.4 |  |   | 1.3 |  |   | 1.9 |  |
| Adjusted weighted-average shares and assumed conversions — diluted | 109.2 |  |   | 110.6 |  |   | 116.3 |  |

----

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                               | Fair Value of Derivative Instruments |
|                                               | Derivative Assets |   | Derivative Liabilities |
| (in millions of dollars)                           | Balance SheetLocation |   | December 31, 2016 |   | December 31, 2015 |   | Balance SheetLocation |   | December 31, 2016 |   | December 31, 2015 |
| Derivatives designated as hedging instruments:     |   |   |   |   |   |   |   |   |   |   |   |
| Foreign exchange contracts                         | Other current assets |   | $ | 4.0 |  |   | $ | 1.9 |  |   | Other current liabilities |   | $ | — |  |   | $ | 0.3 |  |
| Derivatives not designated as hedging instruments: |   |   |   |   |   |   |   |   |   |   |   |
| Foreign exchange contracts                         | Other current assets |   | 0.4 |  |   | 0.7 |  |   | Other current liabilities |   | 0.3 |  |   | 0.1 |  |
| Total derivatives                                  |   |   | $ | 4.4 |  |   | $ | 2.6 |  |   |   |   | $ | 0.3 |  |   | $ | 0.4 |  |

|                            |
|----------------------------|
|                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                       | The Effect of Derivative Instruments in Cash Flow Hedging Relationships on the Consolidated Financial Statements |
|                       | Amount of Gain (Loss) Recognized in OCI (Effective Portion) |   | Location of (Gain) Loss Reclassified from OCI to Income |   | Amount of (Gain) LossReclassified from AOCI to Income (Effective Portion) |
| (in millions of dollars)   | 2016 |   | 2015 |   | 2014 |   |   |   | 2016 |   | 2015 |   | 2014 |
| Cash flow hedges:          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign exchange contracts | $ | (0.1 | ) |   | $ | 8.2 |  |   | $ | 6.9 |  |   | Cost of products sold |   | $ | 2.5 |  |   | $ | (10.9 | ) |   | $ | (3.5 | ) |

|                            |
|----------------------------|
|                            |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                       | The Effect of Derivatives Not Designated as Hedging Instruments on the Condensed Consolidated Statements of Operations |
|                       | Location of (Gain) Loss Recognized inIncome on Derivatives |   | Amount of (Gain) LossRecognized in Income year ended December 31, |
| (in millions of dollars)   |   | 2016 |   | 2015 |   | 2014 |
| Foreign exchange contracts | Other expense (income), net |   | $ | (2.0 | ) |   | $ | (0.5 | ) |   | $ | 1.3 |  |

|              |
|--------------|
|              |  |
| Level 1 | Unadjusted quoted prices in active markets for identical assets or liabilities |
| Level 2      | Unadjusted quoted prices in active markets for similar assets or liabilities, or |
|         | Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or |
|         | Inputs other than quoted prices that are observable for the asset or liability |
| Level 3      | Unobservable inputs for the asset or liability |

----

|                            |
|----------------------------|
|                            |  |  |  |  |  |  |  |
| (in millions of dollars)   | December 31, 2016 |   | December 31, 2015 |
| Assets:                    |   |   |   |
| Forward currency contracts | $ | 4.4 |  |   | $ | 2.6 |  |
| Liabilities:               |   |   |   |
| Forward currency contracts | 0.3 |  |   | 0.4 |  |

|                                                                                     |
|-------------------------------------------------------------------------------------|
|                                                                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)                                                            | DerivativeFinancialInstruments |   |  ForeignCurrencyAdjustments |   | UnrecognizedPension and OtherPost-retirementBenefit Costs |   | AccumulatedOtherComprehensiveIncome (Loss) |
| Balance at December 31, 2014                                                        | $ | 2.7 |  |   | $ | (166.0 | ) |   | $ | (129.3 | ) |   | $ | (292.6 | ) |
| Other comprehensive income (loss) before reclassifications, net of tax              | 5.8 |  |   | (136.7 | ) |   | (0.5 | ) |   | (131.4 | ) |
| Amounts reclassified from accumulated other comprehensive income (loss), net of tax | (7.7 | ) |   | — |  |   | 2.5 |  |   | (5.2 | ) |
| Balance at December 31, 2015                                                        | 0.8 |  |   | (302.7 | ) |   | (127.3 | ) |   | (429.2 | ) |
| Other comprehensive income (loss) before reclassifications, net of tax              | — |  |   | 16.8 |  |   | (11.5 | ) |   | 5.3 |  |
| Amounts reclassified from accumulated other comprehensive income, net of tax        | 1.7 |  |   | — |  |   | 2.8 |  |   | 4.5 |  |
| Balance at December 31, 2016                                                        | $ | 2.5 |  |   | $ | (285.9 | ) |   | $ | (136.0 | ) |   | $ | (419.4 | ) |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                            |   | Year Ended December 31, |   |   |
| (in millions of dollars)                                        |   | 2016 |   | 2015 |   | 2014 |   |   |
| Details about Accumulated Other Comprehensive Income Components | Amount Reclassified from Accumulated Other Comprehensive Income | Location on Income Statement |
| (Loss) gain on cash flow hedges:                                |   |   |   |   |   |   |   |   |
| Foreign exchange contracts                                      |   | $ | (2.4 | ) |   | $ | 10.9 |  |   | $ | 3.5 |  |   | Cost of products sold |
| Tax expense                                                     |   | 0.7 |  |   | (3.2 | ) |   | (1.0 | ) |   | Income tax expense |
| Net of tax                                                      |   | $ | (1.7 | ) |   | $ | 7.7 |  |   | $ | 2.5 |  |   |   |
| Defined benefit plan items:                                     |   |   |   |   |   |   |   |   |
| Amortization of actuarial loss                                  |   | $ | (3.1 | ) |   | $ | (3.6 | ) |   | $ | (5.9 | ) |   | (1) |
| Amortization of prior service cost                              |   | (0.4 | ) |   | (0.1 | ) |   | (0.3 | ) |   | (1) |
| Total before tax                                                |   | (3.5 | ) |   | (3.7 | ) |   | (6.2 | ) |   |   |
| Tax benefit                                                     |   | 0.7 |  |   | $ | 1.2 |  |   | $ | 2.1 |  |   | Income tax expense |
| Net of tax                                                      |   | $ | (2.8 | ) |   | $ | (2.5 | ) |   | $ | (4.1 | ) |   |   |
|                                                            |   |   |   |   |   |   |   |   |
| Total reclassifications for the period, net of tax              |   | $ | (4.5 | ) |   | $ | 5.2 |  |   | $ | (1.6 | ) |   |   |

|     |                                                                                                                                                                                                                                             |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | This accumulated other comprehensive income component is included in the computation of net periodic benefit cost (income) for pension and post-retirement plans (See "Note 5. Pension and Other Retiree Benefits" for additional details). |

----

|                           |
|---------------------------|
|                           |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)  | 2016 |   | 2015 |   | 2014 |
| ACCO Brands North America | $ | 955.5 |  |   | $ | 963.3 |  |   | $ | 1,006.0 |  |
| ACCO Brands International | 485.0 |  |   | 426.9 |  |   | 546.9 |  |
| Computer Products Group   | 116.6 |  |   | 120.2 |  |   | 136.3 |  |
| Net sales                 | $ | 1,557.1 |  |   | $ | 1,510.4 |  |   | $ | 1,689.2 |  |

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars)            | 2016 |   | 2015 |   | 2014 |
| ACCO Brands North America           | $ | 150.6 |  |   | $ | 147.6 |  |   | $ | 140.7 |  |
| ACCO Brands International           | 53.1 |  |   | 40.8 |  |   | 62.9 |  |
| Computer Products Group             | 11.6 |  |   | 10.3 |  |   | 8.2 |  |
| Segment operating income            | 215.3 |  |   | 198.7 |  |   | 211.8 |  |
| Corporate(1)                        | (48.0 | ) |   | (35.2 | ) |   | (38.2 | ) |
| Operating income(2)                 | 167.3 |  |   | 163.5 |  |   | 173.6 |  |
| Interest expense                    | 49.3 |  |   | 44.5 |  |   | 49.5 |  |
| Interest income                     | (6.4 | ) |   | (6.6 | ) |   | (5.6 | ) |
| Equity in earnings of joint-venture | (2.1 | ) |   | (7.9 | ) |   | (8.1 | ) |
| Other expense, net                  | 1.4 |  |   | 2.1 |  |   | 0.8 |  |
| Income before income tax            | $ | 125.1 |  |   | $ | 131.4 |  |   | $ | 137.0 |  |

|     |                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Corporate operating income in 2016 includes transaction costs of $10.5 million, primarily for legal and due diligence expenditures associated with the Esselte and PA acquisitions. In 2015 this was $0.6 million. |

|     |                                                                                                                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Operating income as presented in the segment table above is defined as i) net sales; ii) less cost of products sold; iii) less advertising, selling, general and administrative expenses; iv) less amortization of intangibles; and v) less restructuring charges. |

----

|                                  |
|----------------------------------|
|                                  |  |  |  |  |  |  |  |
|                             | December 31, |
| (in millions of dollars)         | 2016 |   | 2015 |
| ACCO Brands North America(3)     | $ | 378.1 |  |   | $ | 413.8 |  |
| ACCO Brands International(3)     | 397.2 |  |   | 335.0 |  |
| Computer Products Group(3)       | 56.4 |  |   | 61.5 |  |
|   Total segment assets | 831.7 |  |   | 810.3 |  |
| Unallocated assets               | 1,232.0 |  |   | 1,142.0 |  |
| Corporate(3)                     | 0.8 |  |   | 1.1 |  |
|   Total assets         | $ | 2,064.5 |  |   | $ | 1,953.4 |  |

|     |                                                                                                                                                                                                                                                                       |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Represents total assets, excluding: goodwill and identifiable intangibles resulting from business acquisitions, intercompany balances, cash, deferred taxes, prepaid pension assets, prepaid debt issuance costs and joint ventures accounted for on an equity basis. |

|                                  |
|----------------------------------|
|                                  |  |  |  |  |  |  |  |
|                             | December 31, |
| (in millions of dollars)         | 2016 |   | 2015 |
| ACCO Brands North America(4)     | $ | 1,171.3 |  |   | $ | 1,220.7 |  |
| ACCO Brands International(4)     | 742.6 |  |   | 531.5 |  |
| Computer Products Group(4)       | 70.6 |  |   | 75.9 |  |
|   Total segment assets | 1,984.5 |  |   | 1,828.1 |  |
| Unallocated assets               | 79.2 |  |   | 124.2 |  |
| Corporate(4)                     | 0.8 |  |   | 1.1 |  |
|   Total assets         | $ | 2,064.5 |  |   | $ | 1,953.4 |  |

|     |                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Represents total assets, excluding: intercompany balances, cash, deferred taxes, prepaid pension assets, prepaid debt issuance costs and joint ventures accounted for on an equity basis. |

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |
|                                           | December 31, |
| (in millions of dollars)                       | 2016 |   | 2015 |
| U.S.                                           | $ | 103.0 |  |   | $ | 111.5 |  |
| Brazil                                         | 36.8 |  |   | 31.9 |  |
| U.K.                                           | 30.3 |  |   | 38.9 |  |
| Australia                                      | 12.5 |  |   | 10.6 |  |
| Other countries                                | 15.8 |  |   | 16.2 |  |
|   Property, plant and equipment, net | $ | 198.4 |  |   | $ | 209.1 |  |

----

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars) | 2016 |   | 2015 |   | 2014 |
| U.S.                     | $ | 894.4 |  |   | $ | 904.3 |  |   | $ | 921.0 |  |
| Australia                | 156.5 |  |   | 91.8 |  |   | 108.5 |  |
| Canada                   | 121.7 |  |   | 121.4 |  |   | 150.6 |  |
| Brazil                   | 102.6 |  |   | 92.0 |  |   | 154.0 |  |
| Netherlands              | 101.4 |  |   | 108.7 |  |   | 130.2 |  |
| U.K.                     | 59.1 |  |   | 76.4 |  |   | 89.1 |  |
| Mexico                   | 47.3 |  |   | 49.6 |  |   | 58.8 |  |
| Other countries          | 74.1 |  |   | 66.2 |  |   | 77.0 |  |
|   Net sales    | $ | 1,557.1 |  |   | $ | 1,510.4 |  |   | $ | 1,689.2 |  |

|     |                                                                                                 |
|-----|-------------------------------------------------------------------------------------------------|
| (5) | Net sales are attributed to geographic areas based on the location of the selling subsidiaries. |

----

|                          |
|--------------------------|
|                          |  |  |  |  |  |  |  |  |  |  |  |
|                     | Year Ended December 31, |
| (in millions of dollars) | 2016 |   | 2015 |   | 2014 |
| Net sales                | $ | 34.9 |  |   | $ | 111.2 |  |   | $ | 121.4 |  |
| Gross profit             | 14.1 |  |   | 45.5 |  |   | 48.2 |  |
| Net income               | 4.1 |  |   | 15.8 |  |   | 16.4 |  |

|                          |
|--------------------------|
|                          |  |  |  |
|                     | December 31, |
| (in millions of dollars) | 2015 |
| Current assets           | $ | 76.6 |  |
| Non-current assets       | 43.6 |  |
| Current liabilities      | 37.5 |  |
| Non-current liabilities  | 13.1 |  |

----

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |
| (in millions of dollars)                                                    |   |
| 2017                                                                        | $ | 22.2 |  |
| 2018                                                                        | 18.5 |  |
| 2019                                                                        | 16.6 |  |
| 2020                                                                        | 15.1 |  |
| 2021                                                                        | 12.2 |  |
| Thereafter                                                                  | 15.8 |  |
| Total minimum rental payments                                               | 100.4 |  |
| Less minimum rentals to be received under non-cancelable subleases          | 2.8 |  |
| Future minimum payments for operating leases, net of sublease rental income | $ | 97.6 |  |

|                                          |
|------------------------------------------|
|                                          |  |  |  |
| (in millions of dollars)                 |   |
| 2017                                     | $ | 84.8 |  |
| 2018                                     | 0.7 |  |
| 2019                                     | — |  |
| 2020                                     | — |  |
| 2021                                     | — |  |
| Thereafter                               | — |  |
| Total unconditional purchase commitments | $ | 85.5 |  |

----

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (in millions of dollars, except per share data) | 1st Quarter |   | 2nd Quarter |   | 3rd Quarter |   | 4th Quarter |
| 2016                                            |   |   |   |   |   |   |   |
| Net sales(1)                                    | $ | 278.1 |  |   | $ | 410.1 |  |   | $ | 431.3 |  |   | $ | 437.6 |  |
| Gross profit                                    | 82.4 |  |   | 134.8 |  |   | 144.2 |  |   | 153.7 |  |
| Operating income                                | 6.5 |  |   | 45.4 |  |   | 55.7 |  |   | 59.7 |  |
| Net income                                      | $ | 4.8 |  |   | $ | 61.9 |  |   | $ | 22.7 |  |   | $ | 6.1 |  |
| Per share:                                      |   |   |   |   |   |   |   |
| Basic income per share (2)                      | $ | 0.05 |  |   | $ | 0.58 |  |   | $ | 0.21 |  |   | $ | 0.06 |  |
| Diluted income per share (2)                    | $ | 0.04 |  |   | $ | 0.57 |  |   | $ | 0.21 |  |   | $ | 0.06 |  |
| 2015                                            |   |   |   |   |   |   |   |
| Net sales(1)                                    | $ | 290.0 |  |   | $ | 394.7 |  |   | $ | 413.6 |  |   | $ | 412.1 |  |
| Gross profit                                    | 80.2 |  |   | 126.7 |  |   | 133.7 |  |   | 137.8 |  |
| Operating income                                | 2.6 |  |   | 49.2 |  |   | 54.8 |  |   | 56.9 |  |
| Net income (loss)                               | $ | (5.8 | ) |   | $ | 27.7 |  |   | $ | 32.6 |  |   | $ | 31.4 |  |
| Per share:                                      |   |   |   |   |   |   |   |
| Basic income (loss) per share (2)               | $ | (0.05 | ) |   | $ | 0.25 |  |   | $ | 0.30 |  |   | $ | 0.30 |  |
| Diluted income (loss) per share (2)             | $ | (0.05 | ) |   | $ | 0.25 |  |   | $ | 0.30 |  |   | $ | 0.29 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Historically, our business has experienced higher sales and earnings in the third and fourth quarters of the calendar year. Two principal factors contribute to this seasonality: (1) we are a major supplier of products related to the "back-to-school" season, which occurs principally from June through September for our North American business and from November through February for our Australian and Brazilian businesses; and (2) several products we sell lend themselves to calendar year-end purchase timing, including AT-A-GLANCE® planners, paper organization and storage products (including bindery) and Kensington® computer accessories, which have higher sales in the fourth quarter driven by traditionally strong fourth-quarter sales of personal computers and tablets. |

|     |                                                                                                                                                                                                                           |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The sum of the quarterly earnings per share amounts may not equal the total for the year due to the effects of rounding, dilution as a result of issuing common shares and repurchasing of common shares during the year. |

----

----

----

|                                                            |
|------------------------------------------------------------|
|                                                            |  |  |  |  |  |  |  |  |  |  |
| Plan category                                              | Number ofsecurities to beissued uponexercise ofoutstandingoptions, warrantsand rights(a) |   | Weighted-averageexercise price ofoutstandingoptions, warrantsand rights(b) |   | Number of securitiesremaining available forfuture issuance underequity compensationplans (excludingsecurities reflected incolumn (a)(c) |   |
| Equity compensation plans approved by security holders     | 4,133,874 |  |   | $ | 7.82 |  |   | 9,650,538 |  | (1)  |
| Equity compensation plans not approved by security holders | — |  |   | — |  |   | — |  |   |
| Total                                                      | 4,133,874 |  |   | $ | 7.82 |  |   | 9,650,538 |  | (1)  |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | These are shares available for grant as of December 31, 2016 under the ACCO Brands Corporation Incentive Plan (the "Plan") pursuant to which the Compensation Committee of the Board of Directors or the Board of Directors may make various stock-based awards including grants of stock options, stock-settled appreciation rights, restricted stock, restricted stock units and performance stock units. In addition to these shares, shares covered by outstanding awards under the Plan that were forfeited or otherwise terminated may become available for grant under the Plan and, to the extent such shares have become available as of December 31, 2016, they are included in the table as available for grant. |

----

----

|     |                                                                  |
|-----|------------------------------------------------------------------|
| (a) | Financial Statements, Financial Statement Schedules and Exhibits |

|    |                          |
|----|--------------------------|
| 1. | All Financial Statements |

|                                                                                                             |
|-------------------------------------------------------------------------------------------------------------|
|                                                                                                             |  |
|                                                                                                        | Page |
| Reports of Independent Registered Public Accounting Firm                                                    | 48 |
| Consolidated Balance Sheets as of December 31, 2016 and 2015                                                | 49 |
| Consolidated Statements of Income for the years ended December 31, 2016, 2015 and 2014                      | 50 |
| Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2016, 2015 and 2014 | 51 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2016, 2015 and 2014                  | 52 |
| Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2016, 2015 and 2014  | 53 |
| Notes to Consolidated Financial Statements                                                                  | 54 |

|    |                               |
|----|-------------------------------|
| 2. | Financial Statement Schedule: |

|    |           |
|----|-----------|
| 3. | Exhibits: |

----

|     |                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1 | Share Sale Agreement, dated as of March 22, 2016, among ACCO Brands Australia Pty Limited, Bigadale Pty Limited, Andrew Kaldor, Cherington Investments Pty Ltd, Freiburg Nominees Proprietary Limited and Enora Pty Ltd and certain Guarantors named therein. (incorporated by reference to Exhibit 2.1 to Form 8-K filed by the Registrant on March 21, 2016 (File No. 001-08454)) |

|     |                                                                                                                                                                                                                                                                                                     |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.2 | Share Purchase Agreement, dated as of October 21, 2016, among ACCO Brands Corporation, ACCO Europe Limited and Esselte Group Holdings (Luxembourg) S.A. (incorporated by reference to Exhibit 2.1 to Form 8-K filed by the Registrant on October 24, 2016 (File No. 001-08454)) |

|     |                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.3 | Amendment Deed, dated as of January 31, 2017, to Share Purchase Agreement among ACCO Brands Corporation, ACCO Europe Limited and Esselte Group Holdings (Luxembourg) S.A.* |

|     |                                                                                                                                                                                                                      |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1 | Restated Certificate of Incorporation of ACCO Brands Corporation, as amended (incorporated by reference to Exhibit 3.1 to Form 8-K filed by the Registrant on May 19, 2008 (File No. 001-08454)) |

|     |                                                                                                                                                                                                                                            |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.2 | Certificate of Designation of Series A Junior Participating Preferred Stock (incorporated by reference to Exhibit 3.2 to the Registrant’s Current Report on Form 8-K filed August 17, 2005 (File No. 001-08454)) |

|     |                                                                                                                                                                                                                                                                                                                                                      |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.3 | Certificate of Elimination of the Series A Junior Participating Preferred Stock of the Company, as filed with the Secretary of State of the State of Delaware on September 11, 2015 (incorporated by reference to Exhibit 3.2 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on September 11, 2015 (File No. 001-08454)) |

|     |                                                                                                                                                                                                                                |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.4 | By-laws of ACCO Brands Corporation, as amended through December 9, 2015 (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed December 14, 2015 (File No. 001-08454)) |

|     |                                                                                                                                                                           |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1 | Indenture, dated as of December 22, 2016, among ACCO Brands Corporation, as issuer, the guarantors named therein, and Wells Fargo Bank, National Association, as trustee* |

|      |                                                                                                                                                                                                                                                                                                                    |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.1 | Tax Allocation Agreement, dated as of August 16, 2005, between ACCO World Corporation and Fortune Brands, Inc. (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K dated August 12, 2005 and filed August 17, 2005 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                  |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.2 | Separation Agreement, dated November 17, 2011, by and between MeadWestvaco and Monaco SpinCo Inc. (incorporated by reference to Exhibit 10.1 of Registrant's Form 8-K filed on November 22, 2011 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                                                                      |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.3 | Employee Benefits Agreement, dated as of November 17, 2011, by and among MeadWestvaco Corporation, Monaco Spinco Inc. and ACCO Brands Corporation. (incorporated by reference to Exhibit 10.3 of Registrant's Form S-4/A filed on February 13, 2012 (File No. 333-178869)) |

|      |                                                                                                                                                                                                                                                                                                                  |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.4 | Amendment No. 1, dated as of March 19, 2012, to the Separation Agreement, dated as of November 17, 2011, by and among MeadWestvaco Corporation and Monaco SpinCo Inc. (incorporated by reference to Exhibit 10.1 to Form 8-K filed by the Registrant on March 22, 2012 (File No. 001-08454)) |

----

|      |                                                                                                                                                                                                                                           |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.5 | Tax Matters Agreement, effective as of May 1, 2012, among the Company, MeadWestvaco Corporation and Monaco SpinCo Inc. (incorporated by reference to Exhibit 10.2 of the Registrant's Form 8-K filed on May 7, 2012 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                                                                                                                        |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.6 | Second Amended and Restated Credit Agreement, dated as of April 28, 2015, among the Company, certain subsidiaries of the Company, Bank of America, N.A., as administrative agent, and the lenders party thereto (incorporated by reference to Exhibit 10.2 to Form 10-Q filed by the Registrant on July 29, 2015 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                                                                                                                                                                          |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.7 | First Amendment, dated as of July 7, 2015, to the Second Amended and Restated Credit Agreement, dated as of April 28, 2015, among the Company, certain subsidiaries of the Company, Bank of America, N.A., as administrative agent, and the lenders party thereto (incorporated by reference to Exhibit 10.3 to Form 10-Q filed by the Registrant on July 29, 2015 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                                                                                                                                                                             |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.8 | Second Amendment and Additional Borrower Consent, dated as of May 1, 2016, among the Company, certain guarantor subsidiaries of the Company, Bank of America, N.A., as administrative agent and the other lenders party thereto. (incorporated by reference to Exhibit 10.1 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 2, 2016 (File No. 001-08454)) |

|      |                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.9 | Third Amendment to Second Amended and Restated Credit Agreement, dated as of October 21, 2016, by and among the Company, certain subsidiaries of the Company, Bank of America, N.A., as administrative agent, and the other lenders party hereto. (incorporated by reference to Exhibit 10.1 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on October 24, 2016 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                                  |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.10 | Amendment to the Third Amendment to the Second Amended and Restated Credit Agreement, dated as of January 27, 2017, among the Company, certain subsidiaries of the Company, Bank of America, N.A., as administrative agent, and the other lenders party hereto.* |

|       |                                                                                                                                                                                                                                            |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.11 | Third Amended and Restated Credit Agreement, dated as of January 27, 2017, among the Company, certain subsidiaries of the Company, Bank of America, N.A., as administrative agent, and the other agents and various lenders party hereto.* |

|       |                                                                                                                                                                                                                   |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.12 | ACCO Brands Corporation Executive Severance Plan (effective December 1, 2007) (incorporated by reference to Exhibit 10.1 to Form 8-K filed by the Registrant on November 29, 2007 (File No. 001-08454)) |

|       |                                                                                                                                                                  |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.13 | Form of Indemnification Agreement (incorporated by reference to Exhibit 10.1 to Form 8-K filed by the Registrant on December 24, 2008 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                            |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.14 | Amended and Restated ACCO Brands Deferred Compensation Plan for Non-Employee Directors, effective December 14, 2009 (incorporated by reference to Exhibit 10.41 to Form 10-K filed by the Registrant on February 26, 2010 (File No. 001-089454)) |

|       |                                                                                                                                                                                                                                 |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.15 | Amendment to Deferred Compensation Plan for Non-Employee Directors, effective January 1, 2014 (incorporated by reference to Exhibit 10.15 to Form 10-K filed by the Registrant on February 25, 2014 (File No. 001-089454)) |

|       |                                                                                                                                                                                                                                    |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.16 | Form of 2011 Amended and Restated Incentive Plan Directors Restricted Stock Unit Award Agreement (incorporated by reference to Exhibit 10.16 to Form 10-K filed by the Registrant on February 25, 2014 (File No. 001-089454)) |

|       |                                                                                                                                                                                                                                       |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.17 | Letter agreement, dated November 4, 2008, from ACCO Brands Corporation to Christopher M. Franey (incorporated by reference to Exhibit 10.42 to Form 10-K filed by the Registrant on February 26, 2010 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                   |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.18 | 2011 Amended and Restated ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.1 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 20, 2011 (File No. 001-08454)) |

----

|       |                                                                                                                                                                                                                                                                                                     |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.19 | Form of Directors Restricted Stock Unit Award Agreement under the 2011 Amended and Restated ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.2 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 20, 2011 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                                                         |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.20 | Form of Nonqualified Stock Option Agreement under the 2011 Amended and Restated ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.3 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 20, 2011 (File No. 001-08454)) |

|       |                                                                                                                                                                                                     |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.21 | Amendment of 2011 Amended and Restated ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.1 of the Registrant's Form 8-K filed on April 24, 2012 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                       |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.22 | Amendment of the ACCO Brands Corporation Executive Severance Plan, adopted as of October 23, 2012 (incorporated by reference to Exhibit 10.1 to Form 10-Q filed by the Registrant on October 31, 2012 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                             |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.23 | Form of Non-qualified Stock Option Agreement (Robert J. Keller) under the 2011 Amended and Restated Incentive Plan (incorporated by reference to Exhibit 10.2 of the Registrant's Form 8-K filed on February 26, 2013 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                            |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.24 | Form of Performance Stock Unit Award Agreement under the 2011 Amended and Restated Incentive Plan (incorporated by reference to Exhibit 10.3 of the Registrant's Form 8-K filed on February 26, 2013 (File No. 001-08454)) |

|       |                                                                                                                                                       |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.25 | ACCO Brands 2013 Annual Incentive Plan (incorporated by reference to 10.5 of the Registrant’s Form 10-Q filed May 8, 2013 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                         |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.26 | Form of Performance Stock Unit Award Agreement under the 2011 Amended and Restated Incentive Plan (incorporated by reference to Exhibit 10.1 of the Registrant's Form 8-K filed on March 10, 2014 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                       |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.27 | Form of Non-qualified Stock Option Agreement under the 2011 Amended and Restated Incentive Plan (incorporated by reference to Exhibit 10.2 of the Registrant's Form 8-K filed on March 10, 2014 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                        |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.28 | Form of Restricted Stock Unit Award Agreement under the 2011 Amended and Restated Incentive Plan (incorporated by reference to Exhibit 10.3 of the Registrant's Form 8-K filed on March 10, 2014 (File No. 001-08454)) |

|       |                                                                                                                                                                                                              |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.29 | Second Amendment of 2011 Amended and Restated ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.4 to Form 10-Q filed by the Registrant on April 30, 2014 (File No. 001-08454)) |

|       |                                                                                                                                                                     |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.30 | ACCO Brands Corporation Annual Incentive Plan (incorporated by reference to Exhibit 4.4 of the Registrant’s Form S-8 filed May 12, 2015 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                                      |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.31 | Form of Directors Restricted Stock Unit Award Agreement under the ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.1 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 18, 2015 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                            |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.32 | Form of Restricted Stock Unit Award Agreement under the ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.2 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 18, 2015 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                             |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.33 | Form of Performance Stock Unit Award Agreement under the ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.3 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 18, 2015 (File No. 001-08454)) |

|       |                                                                                                                                                                                                                                                                |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.34 | Form of Nonqualified Stock Option Award Agreement under the ACCO Brands Corporation Incentive Plan (incorporated by reference to Exhibit 10.4 to ACCO Brands Corporation's Current Report on Form 8-K filed with the SEC on May 18, 2015 (File No. 001-08454)) |

|       |                                                                                                            |
|-------|------------------------------------------------------------------------------------------------------------|
| 10.35 | Form of 2016-2018 Performance-Based Cash Award Agreement under the ACCO Brands Corporation Incentive Plan* |

----

|      |                                 |
|------|---------------------------------|
| 21.1 | Subsidiaries of the Registrant* |

|      |                      |
|------|----------------------|
| 23.1 | Consent of KPMG LLP* |

|      |                    |
|------|--------------------|
| 24.1 | Power of attorney* |

|      |                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------|
| 31.1 | Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002* |

|      |                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------|
| 31.2 | Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002* |

|      |                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------|
| 32.1 | Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002* |

|      |                                                                                                              |
|------|--------------------------------------------------------------------------------------------------------------|
| 32.2 | Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002* |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 101 | The following financial statements from the Company's Annual Report on Form 10-K for the year ended December 31, 2016 formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Balance Sheets as of December 31, 2016 and 2015, (ii) the Consolidated Statements of Income for the years ended December 31, 2016, 2015 and 2014, (iii) the Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2016, 2015 and 2014, (iv) the Consolidated Statements of Cash Flows for the years ended December 31, 2016, 2015 and 2014, (v) Consolidated Statements of Stockholders Equity for the years ended December 31, 2016, 2015 and 2014, and (vi) related notes to those financial statements* |

|   |                 |
|---|-----------------|
| * | Filed herewith. |

----

|        |
|--------|
|        |  |  |
|   |   | REGISTRANT: |
|   |   |   |
|   |   | ACCO BRANDS CORPORATION |
|   |   |
|   | By: | /s/ Boris Elisman |
|   |   | Boris Elisman |
|   |   | Chairman, President and Chief ExecutiveOfficer (principal executive officer) |

|        |
|--------|
|        |  |  |
|   | By: | /s/ Neal V. Fenwick |
|   |   | Neal V. Fenwick |
|   |   | Executive Vice President and Chief FinancialOfficer (principal financial officer) |

|        |
|--------|
|        |  |  |
|   | By: | /s/ Kathleen D. Schnaedter |
|   |   | Kathleen D. Schnaedter |
|   |   | Senior Vice President, Corporate Controller and Chief Accounting Officer (principal accounting officer) |

|                                 |
|---------------------------------|
|                                 |  |  |  |  |
| Signature                       |   | Title |   | Date |
|                            |   |   |   |   |
| /s/ Boris Elisman          |   | Chairman, President and Chief Executive Officer(principal executive officer) | February 27, 2017 |
| Boris Elisman                   |   |
|                            |   |   |   |   |
| /s/ Neal V. Fenwick        |   | Executive Vice President andChief Financial Officer(principal financial officer) |   | February 27, 2017 |
| Neal V. Fenwick                 |   |   |   |
|                            |   |   |   |   |
| /s/ Kathleen D. Schnaedter |   | Senior Vice President, Corporate Controller and Chief Accounting Officer(principal accounting officer) |   | February 27, 2017 |
| Kathleen D. Schnaedter          |   |   |   |
|                            |   |   |   |   |
| /s/ Robert J. Keller*      |   | Director |   | February 27, 2017 |
| Robert J. Keller                |   |   |   |   |
|                            |   |   |   |   |
| /s/ George V. Bayly*       |   | Director |   | February 27, 2017 |
| George V. Bayly                 |   |   |   |   |
|                            |   |   |   |   |
| /s/ James A. Buzzard*      |   | Director |   | February 27, 2017 |
| James A. Buzzard                |   |   |   |   |

----

|                                           |
|-------------------------------------------|
|                                           |  |  |  |  |
| Signature                                 |   | Title |   | Date |
|                                      |   |   |   |   |
| /s/ Kathleen S. Dvorak*              |   | Director |   | February 27, 2017 |
| Kathleen S. Dvorak                        |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Robert H. Jenkins*               |   | Director |   | February 27, 2017 |
| Robert H. Jenkins                         |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Pradeep Jotwani*                 |   | Director |   | February 27, 2017 |
| Pradeep Jotwani                           |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Thomas Kroeger*                  |   | Director |   | February 27, 2017 |
| Thomas Kroeger                            |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Graciela Monteagudo*             |   | Director |   | February 27, 2017 |
| Graciela Monteagudo                       |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Hans Michael Norkus*             |   | Director |   | February 27, 2017 |
| Hans Michael Norkus                       |   |   |   |   |
|                                      |   |   |   |   |
| /s/ E. Mark Rajkowski*               |   | Director |   | February 27, 2017 |
| E. Mark Rajkowski                         |   |   |   |   |
|                                      |   |   |   |   |
| /s/ Neal V. Fenwick                  |   |   |   |   |
| * Neal V. Fenwick asAttorney-in-Fact |   |   |   |   |

----

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |
|                         | Year Ended December 31, |
| (in millions of dollars)     | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year | $ | 4.8 |  |   | $ | 5.5 |  |   | $ | 6.1 |  |
| Additions charged to expense | 0.2 |  |   | 3.2 |  |   | 1.0 |  |
| Deductions - write offs      | (0.8 | ) |   | (3.5 | ) |   | (1.3 | ) |
| PA Acquisition               | 0.1 |  |   | — |  |   | — |  |
| Foreign exchange changes     | 0.2 |  |   | (0.4 | ) |   | (0.3 | ) |
| Balance at end of year       | $ | 4.5 |  |   | $ | 4.8 |  |   | $ | 5.5 |  |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |
|                         | Year Ended December 31, |
| (in millions of dollars)     | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year | $ | 11.7 |  |   | $ | 12.0 |  |   | $ | 12.9 |  |
| Additions charged to expense | 22.5 |  |   | 30.3 |  |   | 37.4 |  |
| Deductions - returns         | (24.9 | ) |   | (30.4 | ) |   | (38.4 | ) |
| Foreign exchange changes     | 0.1 |  |   | (0.2 | ) |   | 0.1 |  |
| Balance at end of year       | $ | 9.4 |  |   | $ | 11.7 |  |   | $ | 12.0 |  |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |
|                         | Year Ended December 31, |
| (in millions of dollars)     | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year | $ | 2.2 |  |   | $ | 2.0 |  |   | $ | 2.2 |  |
| Additions charged to expense | 13.6 |  |   | 14.2 |  |   | 15.5 |  |
| Deductions - discounts taken | (14.1 | ) |   | (13.9 | ) |   | (15.6 | ) |
| PA Acquisition               | 0.2 |  |   | — |  |   | — |  |
| Foreign exchange changes     | (0.1 | ) |   | (0.1 | ) |   | (0.1 | ) |
| Balance at end of year       | $ | 1.8 |  |   | $ | 2.2 |  |   | $ | 2.0 |  |

----

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |  |  |  |  |  |  |  |  |
|                                               | Year Ended December 31, |
| (in millions of dollars)                           | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year                       | $ | 1.7 |  |   | $ | 1.8 |  |   | $ | 2.2 |  |
| Provision for warranties issued                    | 2.2 |  |   | 1.8 |  |   | 2.0 |  |
| Deductions - settlements made (in cash or in kind) | (2.2 | ) |   | (1.8 | ) |   | (2.4 | ) |
| PA Acquisition                                     | 0.3 |  |   | — |  |   | — |  |
| Foreign exchange changes                           | (0.1 | ) |   | (0.1 | ) |   | — |  |
| Balance at end of year                             | $ | 1.9 |  |   | $ | 1.7 |  |   | $ | 1.8 |  |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |
|                         | Year Ended December 31, |
| (in millions of dollars)     | 2016 |   | 2015 |   | 2014 |
| Balance at beginning of year | $ | 22.1 |  |   | $ | 23.9 |  |   | $ | 33.0 |  |
| (Credits) charges to expense | (0.7 | ) |   | (0.3 | ) |   | 0.2 |  |
| Credited to other accounts   | (9.3 | ) |   | (1.1 | ) |   | (8.7 | ) |
| Foreign exchange changes     | (0.4 | ) |   | (0.4 | ) |   | (0.6 | ) |
| Balance at end of year       | $ | 11.7 |  |   | $ | 22.1 |  |   | $ | 23.9 |  |