Euronext - 2020 Universal Registration Document

Financial Statements

Notes to the Consolidated Financial Statements

NOTE 58 COMMITMENTS AND CONTINGENCIES NOT INCLUDED IN THE BALANCE SHEET

Tax Group The Company is the head of a fiscal unity with Euronext Amsterdam N.V., Euronext IP & IT B.V. and Euronext Corporate Services B.V. Under the standard conditions, the members of the tax group are jointly and severally liable for any taxes payable by the fiscal unity. Each company within the fiscal unity recognises its own tax position on its company balance sheet. The Financial Statements of Euronext N.V., Euronext AmsterdamN.V., Euronext IP & IT B.V. and Euronext Corporate Services B.V. recognise a tax liability based on their taxable profit.

Guarantees The Company participates in a number of guarantees. Within the Group, the Company act in the guarantor for certain liabilities of its subsidiary up to an amount of €7.8 million. In addition, the Company has provided a 403 statement for the benefit of Euronext Amsterdam N.V. It should be noted that the Group consistently waives guarantee fees for intergroup guarantees, meaning these transactions are not at arm’s length.

NOTE 59 APPROPRIATION OF PROFIT

Proposed profit appropriation The Management Board proposes to appropriate the profit of €315.5 million as follows:

2020 6,664

2019 13,580 97,403 110,983 221,966

In thousands of euros

Addition to legal reserves Addition to retained earnings

151,078 157,742 315,484

At the disposal of the Annual General Meeting of Shareholders (Dividend)

TOTAL

would occur before the record date of the dividend payment. These financial statements do not reflect the dividend payable related to the result of 2020. In 2020, total addition to the legal reserves was €6.7 million. In 2019, a total amount of €13.6 million was added to the legal reserves, which was due to the new distribution restrictions applicable to the Irish Stock Exchange plc..

In respect of the year ended 31 December 2020, a dividend representing a 50% pay-out ratio of net profit and amounting to a total of €157.7 million is to be proposed at the annual general meeting on 11 May 2021. This represents a dividend of €2.25 per share based on the number of outstanding shares as per 31 December 2020 (2019: €1.59 per share, based on the number of outstanding shares as per 31 December 2019). The dividend per share will change if capital increases or other corporate actions

NOTE 60 EVENTS AFTER THE REPORTING PERIOD

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The events occurred between 31 December 2020 and the date of this report that could have a material impact on the economic decisions made based on these Financial Statements, are described in Note 40 of the Consolidated Financial Statements.

Authorisation of Company Financial Statements Amsterdam, 30 March 2021 Supervisory Board Managing Board Dick Sluimers (Chairman) Franck Silvent Jim Gollan

Stéphane Boujnah (CEO and Chairman) Chris Topple Daryl Byrne Georges Lauchard Isabel Ucha Øivind Amundsen Simone Huis in ’t Veld Vincent van Dessel

Lieve Mostrey Luc Keuleneer Manuel Ferreira da Silva

Morten Thorsrud Nathalie Rachou Padraic O’Connor

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2020 UNIVERSAL REGISTRATION DOCUMENT