Euronext - 2019 Universal Registration Document

Presentation of the Group 1 Description of the Business

VPS & INTERBOLSA AS INVESTOR CSDS

Countries

CSDs

VPS

Interbolsa

X | Asset classes: Fixed income X | Asset classes: Fixed income

Belgium

NBB

France

Euroclear France

X | on going – target to be operational in 2020

Germany

Clearstream Banking Frankfurt

X | Asset classes: Fixed income X | Asset classes: Fixed income

Italy

Monte Titoly

Spain

Iberclear

X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs X | Asset classes: Equities, Fixed Income & ETFs

Canada

Canadian Depository for securities

UK

Crest/Euroclear UK & Irland

Malta

Malta Stock Exchange

Chile

Deposito Central de Valores

US

DTCC

Finland

Euroclear Finland

France

Euroclear France

Sweden

Euroclear Sweden

Denmark

VP Securities

Belgium ICSD

Euroclear Bank

1.3.7

EURONEXT TECHNOLOGY SOLUTIONS (1) & OTHER

Central Securities Depositories Regulation (CSDR) Regulation (EU) n° 909/2014 (CSDR) is now fully in force. The main purpose of the CSDR is to harmonize the settlement of financial instruments in Europe and to provide a set of common organisational and conduct requirements for CSDs. Interbolsa has received its CSD licence under CSDR on 12 July 2018 by the Portuguese markets supervisor (CMVM – Comissão do Mercado de Valores Mobiliários) and has been among the first European CSDs to reach that achievement. Entry into force of the Central Securities Depositories Act in Norway The Norwegian legal act implementing CSDR (The New Central Securities Depositories Act) in Norway enters into force on 1 st January 2020. Accordingly, VPS will apply for a CSD authorisation under CSDR in 2020. The Norwegian Ministry of Finance adopted transitional provisions in 2019 clarifying that VPS’ current authorization will remain in force and that the current Securities Register Act will continue to apply to VPS’ business and to account operators, settlement participants and holders of nominee account in VPS until the authorisation process is completed. VPS has an ongoing project to implement the new rules and file for authorization in close cooperation with VPS’ Market Advisory Group, Client Reference groups and the Norwegian FSA.

1.3.7.1 Euronext Technology Solutions & Other − Products and Services

Euronext Technology Solutions & other comprises of Euronext’s commercial technology solutions and services business. Euronext offers custom solutions and cost-effective managed services to exchanges and venue operators who require complex, functional capabilities and low latency processing across multiple-asset classes surrounded by exchange grade business services used to operating within highly regulated environments. The technologies & other business benefits from the technology developments made by Euronext for its own markets and, in return, contributes recurring revenue that is noncyclic and not trading related. Operating as a technology vendor also gives Euronext an opportunity to benchmark both its technology and support services against other vendors and ensure that it maintains its position at the forefront of the industry. The solutions and services offered use Optiq® and other applications developed by Euronext or licensed from third-parties. Optiq® entered production with Euronext in mid-2018 with the Derivative markets successfully migrated in late 2019 and has already been licensed to five other venue operators, either as a deployed solution or under an Optiq® as a Service arrangement. This take-up by the industry demonstrates the attractiveness of the reliability, flexibility and cost of ownership benefits that Optiq® provides and reflects the insights that Euronext, as a leading market operator itself, can apply in the design of a new trading technology. Euronext continues to provide software support and maintenance services for the legacy trading platforms, Euronext UTP and NSC® .

(1) Previously reported as Market Solutions.

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2019 UNIVERSAL REGISTRATION DOCUMENT