Euronext - 2019 Universal Registration Document

Euronext, a sustainable exchange

Euronext’s Five ESG Impact Areas and the Sustainable Development Goals

3.2.5

OUR SOCIETY

Key Issues: n act ethically, with integrity and the highest standards in terms of good governance; n educate and engage with our local Community.

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels Target 16.5: Substantially reduce corruption and bribery in all their forms. As a company, Euronext commit to the highest ethical and legal standards of conduct. 3.2.5.1 Act Ethically, with Integrity and the Highest Standards in Terms of Good Governance Euronext’s commitment to high ethical and legal standards of conduct is core to Euronext businesses, and the Group aims to be a model for the industry by supporting the highest ethical standards in its dealings with its colleagues, employees, business partners, customers and in its communities. Euronext is committed to ensuring a balance between the needs of its employees with those of the Company guaranteeing that each and every employee can excel and develop in a safe, discrimination and harassment free environment. Good Corporate Governance The Company respects the Corporate Governance Guidelines, Recommendations and Codes set in place in the Netherlands (see section 4.1), and aims to comply with the ones set in place in the other Euronext locations, and notably the French Afep – Medef Recommendations and the 2020 Belgian Code on Corporate Governance. The governance of Euronext reflects the highest standards of independence, oversight, and transparency. The Company applies strict principles and guidelines to its own governance practice and to the companies that list on its markets. Euronext’s two-tier governance is composed of a Supervisory Board and a Managing Board. The Supervisory Board’s main role is the supervision and oversight of the Company’s management. The Supervisory Board is chaired by an independent non-executive director. The Managing Board is responsible for the developing and implementing the Company strategy as well as assuring the day to day operations. The Managing Board is chaired by the group CEO. The functions of Chief Executive Officer (“CEO”) (chairing the Managing Board) and Chairman (chairing the Supervisory Board) are separated. By the end of 2019, the Supervisory Board was composed of ten non-executive directors including three female directors.

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. Target 4.4: Substantially increase the number of youth and adultswho have relevant skills,for employment,decent jobs and entrepreneurship.

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As a stock exchange, Euronext is committed to making a positive impact on its local and global communities and will focus community activities on two topics: Financial Literacy and Blue Finance.

Three independent Committees report to the Supervisory Board: the Audit Committee, the Nomination and Governance Committee and the Remuneration Committee. Each Committee is chaired by one of the Supervisory Board members and includes several Supervisory Board members. The General Meeting held on 15 May 2018 has set the annual remuneration for the members of the Supervisory Board in accordance to their role(s), see section 4.4.2.9. Remuneration of Supervisory Board members. In 2019, the Supervisory Board and its three related Committees (1) held thirty-five (35) sessions through in person meetings or conference calls. By the end of 2019 the Managing Board included eight (8) directors, and in its “Extended Managing Board composition” it included five (5) Executive Managers who attended all its meetings (Chief Financial Officer, Chief Information & Technology Officer, General Counsel, Chief Talent Officer and the Head of Cash and Derivatives). In 2019, the Company has reaffirmed the role of the Euronext Managing Board and of the Investment Committee, performed monthly risk reviews and strengthened the Senior Leadership team with sixty-seven Senior Managers. The Senior Leadership team, a new Executive group created in 2016, is composed of 33% of females. The balance of country representation is the following: 52% France, 12% Netherlands, 4% United Kingdom, 68% Portugal, 4% Belgium, 7% Ireland 9% Norway, 1% Spain and 3% United States. The average age of this group is 45 years old. Executive compensation respects the Company’s remuneration policy, ensuring adequate performance based rewards. For further details see section 4.4.1 of this Universal Registration Document. Detailed information about Euronext’s Governance can be found on the Corporate Governance page on Euronext’s website as well as in sections “Corporate Governance” and “Management control structure” of this Universal Registration Document.

(1) Audit Committee, Nomination and Governance Committee and Remuneration Committee.

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2019 UNIVERSAL REGISTRATION DOCUMENT