Euronext - 2020 Universal Registration Document

Presentation of the Group

Description of the Business

ETF AUM (in millions) ON EURONEXT INDICES

1

7,545

7,514

7,465

6,987

6,459

5,962

5,044

5,084

5,083

4,919

2020

2011

2012

2013

2014

2015

2016

2017

2018

2018

Figures based on external third-party data, past figures might have been restated.

accounting and reporting in addition to white-labelled portal, COMMCISESELL allows brokers, research providers, custodians, fund accountants to manage commissions in any level of granularity as demanded by their customers; n COMMCISECS provides research providers with a mechanism to supply cleansed research interaction data in any format to their buy-side clients. COMMCISECS also helps research providers assess the profitability of clients by pricing, valuing and managing payments for contracted and a la carte research services to the buy-side using customised rate cards. With over 600 buy-side and sell-side clients globally, Commcise’s clients include some of the largest institutional asset managers, hedge funds, brokers and research providers in the world. POST TRADE Euronext post-trade business is a combination of partnerships with, and minority stakes in, global market infrastructures (Euroclear S.A./N.V., LCH SA), and local market infrastructure fully owned and operated by the Group (Euronext VPS, Interbolsa and VP Securities). The Group owns 11.1% of LCH S.A. and has a 10-year agreement with LCH S.A. for the provision of clearing services on Euronext derivatives markets. Euronext also owns c.3.5% of Euroclear S.A./N.V., that provides custody and settlement services on several Euronext markets. Finally, Euronext operates and 100% owns three Central Securities Depositories: Euronext VPS, established in Norway, acquired in 2019 as part of the Olso Børs VPS transaction; Interbolsa, established in Portugal, and VP Securities, established in Denmark, acquired in August 2020. 1.3.8

Building on its strengths and capabilities, driven by client discussion and needs, Euronext is increasing investments in the index franchise, in teams, technology, and partnerships, with four key directions for growth: n expand beyond Europe to provide world indices for European and Global Clients; n accelerate development of ESG based indices. This will be done through continuous expansion of ESG partnerships bridging innovative science based companies to investors, at the forefront of sustainable finance; n leverage on technology to further accelerate index creation capacity; n leverage our extended federal model, to replicate locally our strength, client proximity, time to market, technology, ESG partners. INVESTOR SERVICES Through its subsidiaries Commcise, Euronext offers independent, cloud-based, fully-integrated commission management and research valuation solutions to the buy-side, sell-side and research providers. Commcise offer includes: n COMMCISEBUY offers automated trade reconciliation, algorithmic rules engine, invoice management, research evaluation/broker vote, consumption tracking (including an automated research valuation engine), commission budgeting, contract management, research accounting and reporting in a single fully-audited solution; n COMMCISESELL is a cloud-based commission management platform for the sell-side. By providing a fully-audited and controlled platform that includes Commcise industry-leading algorithmic rules engine, invoice management, research 1.3.7

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2020 UNIVERSAL REGISTRATION DOCUMENT