Euronext - 2020 Universal Registration Document

Presentation of the Group 1 Description of the Business

was down 20% in 2020 compared to the prior year with most of the listings occurring in the second half of the year. In total in 2020, Euronext welcomed 90 new listings – of which 83 were SMEs – raising a total of €6.7 billion across all markets. The Tech sector continues to be very well represented on Euronext markets in 2020 with listings up 200% on 2019. In the third and fourth quarters of 2020, Euronext welcomed some of Europe’s prime listings with Norwegian Telecommunications equipment Link Mobility Grp, raising €549 million with a market capitalization of €1.15 billion. Belgium Fintech company Unifiedpost Group NV/SA raised €252 million at IPO with an initial valuation of €608 million. In addition, €54 billion was raised in follow-on equity and €1,155 billion was raised on Euronext in bonds including an addition of over 10,000 bond listings on Euronext markets. Notable listings from WisdomTree, Cassa Centrale Banca Credito Cooperativo Italiano S.p.A., El Corte Inglés, S.A. and Swisscom highlight the Group’s strength in key jurisdictions including Europe, the United States, Asia and the Middle East. Euronext’s ESG bond offering experienced significant growth, with 208 bond listings in 2020, up from 139 in 2019. Over €110 billion was raised on Euronext markets from 182 separate issuers, up from 124 issuers at the end of 2019. High profile new issuers included Aeroporti di Roma S.p.A., Ontario Teachers’ Finance Trust, Flemish Community, Unedic, Orange and Telefónica Europe B.V. There are over 4,300 funds classes listed on Euronext and notable listings during 2020 include Aviva and Actiam. At the end of 2020, there were close to 1,300 exchange traded funds listed on Euronext markets.

In 2015, Euronext launched TechShare to help companies reach the next stage of development. TechShare is a 6-month educational and mentoring programme aimed at familiarizing CEOs of Tech companies with the financial markets. The participants are Tech companies from a wide variety of sectors, including Biotech, software, Medtech, electronics, hardware, Cleantech, e-commerce and fintech. Currently active in Belgium, France, Germany, 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 400+ alumni of which already seven alumni listed on Euronext: Osmozis, Balyo, Theranexus, Oxatis, CM.com, Unifiedpost and Nyxoah. Supporting Family-Owned Companies Euronext has attracted an important community of family-owned companies, composed of 350 issuers representing a total market capitalisation close to €1,520 billion, including 245 SMEs as at 31 December 2020. In 2017, Euronext launched FamilyShare, a dedicated programme offering support and coaching to unlisted family businesses. 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. Since launch, FamilyShare has trained 30 companies. 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. Market Activity in 2020 Euronext’s markets in 2020 provided financing to the real economy with over €1,200 billion raised fromequity and debt financing through securities admitted to trading as of 31 December 2020. During the first quarter of 2020, Euronext welcomed nine new companies (compared to seven in 2019) before markets were impacted by the Covid crisis. Some companies managed to list precrisis including gaming company Nacon that successfully raised €117 million on 4 March despite the challenging context. Beyond residual direct listing activity, IPOmarkets effectively closed down over March and April 2020 until Europe’s first fully digital IPO hit in May 2020 with the listing of Pexip. Showcasing its virtual meeting technology throughout the IPO process, the Oslo IPO raised €273 million. This was followed by Europe’s largest IPO in 2020, as coffee giant JDE PEET’s raised €2.6 billion in Amsterdam for a €15.6 billion market cap. Across all markets in EMEA listing activity 1.3.3.2 Listing − Recent Developments

Euronext − Total money raised (€bn) 2016

585 789

2017 2018 2019 2020

1,078 1,268 1,216

Empowering Sustainable Financing In rolling out Euronext’s “Let’s Grow Together 2022” strategy, empowering sustainable financing has become core to the way Euronext conducts business and shape European capital markets. Financing the sustainable projects is key in achieving the ambitious transition agenda set out by the European Commission. Euronext therefore plays a pivotal role given its capacity to influence capital allocation. Best practices definition, training and education, incentivising issuers as well as facilitating access to responsible investors constitute key areas of Euronext action in influencing capital allocation to shape more sustainable European capital markets. Euronext first step was to equip listed companies as expectations on transparency and sustainability continue rising within the investor community, by publishing guidelines for ESG reporting in January 2020. The guide was designed to help issuers in their interactions with investors and the wider ESG community, to help them understand how to address ESG issues as a key component of investor relations, as well as the main principles to consider when

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2020 UNIVERSAL REGISTRATION DOCUMENT