Euronext - 2020 Universal Registration Document

Financial Statements

Notes to the Consolidated Financial Statements

Ownership As at 31 December 2020 As at 31 December 2019

Subsidiaries Nord Pool AB (j)

Domicile

Sweden Norway Norway Sweden Finland Finland

66.00% 66.00% 66.00% 66.00% 66.00% 100.00% 100.00% 100.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Nord Pool Consulting AS (j)

European Market Coupling Operator AS (j) European Market Coupling Operator AB (j) European Market Coupling Operator OY (j)

Black Woodpecker Software Oy (k)

France

Troisieme Sens (l)

Denmark

VP Securities AS (m)

The Netherlands

0.00%

Stichting Euronext Foundation (n)

Associates

Domicile

France

0.00% 0.00%

34.04% 20.00% 11.10% 23.50% 50.00% 16.23% 50.00%

Tredzone S.A.S. (o)

The Netherlands

European Central Counterparty N.V. (p)

LCH SA

France

11.10% 23.50%

Tokeny Solutions Joint Ventures Algonext Ltd. (q) LiquidShare S.A. FinansNett Norge

Luxembourg

Domicile

United Kingdom

0.00%

France

16.23% 50.00%

Norway

Non-current investments

Domicile

Sicovam Holding S.A.

France

9.60% 3.53% 5.00% 2.20%

9.60% 3.53% 5.00% 2.20%

Belgium Norway Belgium

Euroclear S.A./N.V.

Nordic Credit Rating AS

Association of National Numbering Agencies

Investor Compensation Company Designated Activity Company

Ireland

33.30%

33.30%

United Kingdom

0.00%

7.74%

Algomi Ltd. (r)

(a) In December 2020, Enternext S.A. merged with Euronext Paris S.A. (b) Legal name of Euronext Lisbon S.A. is Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A. (c) Legal name of Interbolsa S.A. is Interbolsa – Sociedade Gestora de Sistemas de Liquidaçao e de Sistemas Centralizados de Valores Mobiliários, S.A. (d) The Irish Stock Exchange plc. operates under the business name Euronext Dublin.

(e) On 25 March 2020, the Group increased its ownership in Company Webcast B.V. to 100% (see Note 5). (f) On 11 February 2020, the Group increased its ownership in Insiderlog AB to 100% (see Note 5). (g) On 22 December 2020, the Group increased its ownership in Euronext FX to 100% (see Note 5). (h) On 7 September 2020, Oslo Børs VPS Holding ASA merged with Euronext Nordics Holding AS. (i) Finance Web Working SAS is operating under the business name Euronext Funds360 (or OPCVM360).

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(j) On 15 January 2020, the Group acquired 66% of the share capital and voting rights in Nord Pool Holding AS and its subsidiaries (see Note 5). (k) On 2 June 2020, the Group acquired 100% of the shares in Black Woodpecker Software Oy, operating under the business name “Ticker” (see Note 5). (l) On 8 July 2020, the Group acquired 100% of the shares in Troisième Sens, operating under the business name “3Sens” (see Note 5). (m) On 3 August 2020, the Group acquired 85.2% of the share capital and voting rights in VP Securities AS. In the subsequent months, the Group increased its interest to 100% (see Note 5). (n) Stichting Euronext Foundation is not owned by the Group but included in the scope of consolidation. (o) On 10 March 2020, Tredzone S.A.S. was dissolved. (p) On 1 July 2020, the Group sold its 20% interest in European Central Counterparty N.V. (see Notes 7 and 22). (q) On 14 July 2020, Algonext Ltd. was dissolved. (r) On 6 March 2020, the Group sold its 7.74% investment in Algomi Ltd (see Notes 20 and 35).

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2020 UNIVERSAL REGISTRATION DOCUMENT