Euronext - 2019 Universal Registration Document

Presentation of the Group 1 Description of the Business

1.3.3.2 Listing − Recent Developments

ALL TECH SECTORS ARE REPRESENTED ON EURONEXT MARKETS (NUMBER OF ISSUERS BY SECTOR)

Market Activity in 2019 Euronext’s markets in 2019 provided financing to the real economy with over €1,200 billion raised from equity and debt financing through securities admitted to trading as of 31 December 2019, despite the continuation of challenging global market conditions which was present through 2018. Across all markets in EMEA listing activity was down almost 40% in 2019 compared to the prior year with the bulk of the listings waiting until H2 to join the markets. In total in 2019, Euronext welcomed 46 new listings – of which 39 were SMEs – raising a total of €4.7 billion across all markets with a combined market capitalisation of €115 billion. The Tech sector featured strongly in terms of new listings and accounted for over 40% in 2019, followed by a broad array of sectors notably industrial and financials listings. In Q3 and Q4 of 2019 Euronext welcomed some of Europe’s prime listings with technology giant Prosus NV arriving to the market valued at over €95bn, Verallia’s IPO raised €863m with a valuation of €3.2bn, along with the privatisation of La Francaise des Jeux in November which raised €1.8bn and a valuation of €3.7bn. In addition, €34 billion was raised in follow-on equity and €1,242 billion was raised on Euronext in bonds including an addition of over 12,000 bond listings on Euronext markets. Notable listings highlight the Group’s strength in key jurisdictions including Europe, the United States, Asia and the Middle East and include International Finance Corp (the World Bank), International Bank for Reconstruction and Development, China and Eastern and Southern African Trade and Development Bank, along with global financial institutions including Morgan Stanley, HSBC and Santander. In November 2019, Euronext launched its GREEN Bonds offering, with over €50 billion raised in 2019, and 170 green bonds listed across Euronext markets by more than 60 issuers, and delivering a one-stop-shop for investors seeking to access to Green Bonds. There are almost 5,000 funds classes listed on Euronext and notable listings during 2019 include Principal, BNY Mellon and Invesco. Euronext’s funds service offering will be expanded in 2020 through Euronext Centevo and with the launch of a facility to trade Euronext Dublin-listed funds. At the end of 2019, there were over 1,200 exchange traded funds listed on Euronext markets.

Telecomunications 33

Cleantech 64

Technology Avisory 37

Software 71

Life Science 108

Media & entertainment 44

Digital Services 46

Hardware & robotics 49

Electronic & semiconductors 25

In September 2015, Euronext launched TechShare to help companies reach the next stage of development. TechShare is a 10-month educational and mentoring programme aimed at familiarizing CEOs of Tech companies with the financial markets. Currently active in Belgium, France, Germany, Ireland, Italy, the Netherlands, Portugal, Spain and Switzerland, the program supports top executives from fast-growing companies through a combination of academic seminars, workshop sessions and individual coaching. TechShare is now a unique Tech network gathering 75 partners from the financial industry and 275 alumni since the first edition 2015– 2016, of which already four alumni listed on Euronext: Osmozis, Balyo, Theranexus and Oxatis. The participants are Tech companies from a wide variety of sectors, including Biotech, software, Medtech, electronics, hardware, Cleantech, e-commerce and fintech. Supporting Family-Owned Companies Euronext has attracted an important community of family-owned companies, composed of 244 issuers representing a total market capitalisation close to €1,200 billion, including 166 SMEs. In 2017, Euronext launched FamilyShare, a dedicated programme offering support and coaching to unlisted family businesses. The programme has been set up across the four Euronext domestic markets and tailored to the specific needs of each country. This unique pan-European initiative is designed to familiarise family- owned businesses with capital markets, both equity and bonds, giving them the information they need to bring their companies to the market. In June 2018, Cogelec was the first IPO from the FamilyShare programme raising €39 million on Euronext Paris, followed by one of Portugal’s largest construction companies The Casais group launching an €18.5M bond in 2019. Family-owned companies also benefit from increased assistance in several areas. This includes European roadshows to meet investors, improved financial analysis coverage through the Morningstar programme and Euronext Family Business index®, a new European index with ninety component companies in the four countries covered by Euronext.

Euronext − Total money raised (€bn) 2016

585 789

2017 2018 2019

1,078 1,281

Inclusion of Oslo Børs to the Euronext Group Euronext acquired the Norwegian exchange in Q2 2019 expanding its pan-European presence and firmly cementing a foothold in the Nordics. Through this acquisition Euronext has not only positioned itself as a key player in the Oil & Gas, Shipping and Seafood industries but will now be able to further progress areas of internationalising under the Euronext Strategy “Lets Grow Together 2022” such as diversifying local and global infrastructures. At the time of acquisition Oslo Børs had close to 20% of its issuer base being

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2019 UNIVERSAL REGISTRATION DOCUMENT