Euronext - 2020 Universal Registration Document

Presentation of the Group 1 Description of the Business

HISTORICAL AVERAGE DAILY VOLUMES (€ MILLION )

15000

10000

5000

0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2018 2020

Derivatives Trading Euronext is a leading pan-European derivatives trading venue with trading activities across financial and commodity derivatives products. Euronext offers financial derivatives trading in its markets in Amsterdam, Brussels, Lisbon, Oslo and Paris, and, as of 31 December 2020, was the second largest market in equity index futures and the second largest in equity index options in Europe in number of contracts. Euronext offers local markets access to the trading of futures and options based on global equities, dividends, local market indices including the AEX®, BEL20®, CAC 40®, PSI20®, OBX® and established pan-European equity indices such as FTSEurofirst and FTSE EPRA/NAREIT real estate indices. Euronext is also innovating in the derivatives space notably with the launch in 2018 of the first Total Return Future (TRF) on a national benchmark, the CAC 40® Index and the launch in 2019 of new Single Stock Futures and Single Stock Dividend Futures. Euronext offers commodity derivatives trading with futures and options based on milling wheat, corn and rapeseed, and futures on dairy products, wood pellets, and UAN 30 fertiliser. The Group is the leading agricultural commodity franchise in Europe and its core commodity contracts have long been relied upon as trusted global and European benchmarks. Euronext also offers financial salmon future contract through its subsidiaries Fish Pool. In 2020, the notional value of the derivatives traded on Euronext’s derivatives markets was €4 trillion, equivalent to an average of €15.7 billion per day. Euronext’s derivatives team has a mission to bring innovation and agility to the derivatives markets. Since Euronext’s IPO in June 2014, Euronext focused on researching and developing new derivatives products together with its client community. These are now beginning to come to market and Euronext continues to expand its capabilities and make its business work better for Euronext’s customers.

Euronext is pursuing the expansion of its commodity derivatives strategy along three axes: 1. focus on the core for European agricultural markets with EIM, new delivery points in corn and New Market Participants programme; 2. innovation and diversification with cash settled and Paris real estate; 3. enhanced client centric approach.

NUMBER OF CONTRACTS TRADED (LOTS IN MILLION)

55

45

40

39 37 38 38

36

Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20

NOTIONAL VALUE (€ BILLION)

1 447

1 002 1 082 1 083

926

926

801 874

Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20

32

2020 UNIVERSAL REGISTRATION DOCUMENT