Euronext // 2021 Universal Registration Document

Financial Statements 8 Notes to the Consolidated Financial Statements

for an item of property, plant and equipment used in fulfilling that contract among others. The amendments further specify that before a separate provision for an onerous contract is established, an entity recognises any impairment loss that has occurred on assets used in fulfilling the contract. The amendments are effective for annual reporting periods beginning on or after 1 January 2022. The Group will apply these amendments to contracts for which it has not yet fulfilled all its obligations at the beginning of the annual reporting period in which it first applies the amendments. The amendments will have no impact on the Group’s consolidated financial statement. Annual Improvements Cycle -2018-2020 The IASB issued the 2018-2020 cycle improvements to its standards and interpretations. These improvements include: n IFRS 9, “Financial instruments” – The amendment clarifies the fees that an entity includes when assessing whether the terms of a new or modified financial liability are substantially different from the terms of the original financial liability, when determining whether to derecognise a financial liability that has been modified or exchanged. There is no similar amendment proposed for IAS 39. The amendment is effective for annual reporting periods beginning on or after 1 January 2022 with earlier adoption permitted. The Group will apply the amendments to financial liabilities that are modified or exchanged on or after the beginning of the annual reporting period in which the entity first applies the amendment. The amendments are not expected to have a material impact on the Consolidated Financial Statements of the Group; n IAS 41, “Agriculture” – These amendments will have no impact on the Consolidated Financial Statements of the Group. Amendments to IAS 8 – Definition of Accounting Estimates In February 2021, the IASB issued amendments to IAS 8, in which it introduces a definition of “accounting estimates”. The amendments clarify the distinction between changes in accounting estimates and changes in accounting policies and the correction of errors. Also, they clarify how entities use measurement techniques and inputs to develop accounting estimates. The amendments are effective for annual reporting periods beginning on or after 1 January 2023 and apply to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. Earlier application is permitted as long as this fact is disclosed. The amendments are not expected to have a material impact on the Group. In February 2021, the IASB issued amendments to IAS 1 and IFRS Practice Statement 2 Making Materiality Judgements, in which it provides guidance and examples to help entities apply materiality judgements to accounting policy disclosures. The amendments aim to help entities provide accounting policy disclosures that are more useful by replacing the requirement for entities to disclose their “significant” accounting policies with a requirement to disclose their “material” accounting policies and adding guidance on how entities apply the concept of materiality Amendments to IAS 1 and IFRS Practice Statement 2 – Disclosure of Accounting Policies

Companies are required to apply the amendments for annual periods beginning on or after 1 January 2023. The amendments must be applied retrospectively in accordance with IAS 8, “Accounting Policies”, “Changes in Accounting Estimates and Errors”. Earlier application is permitted. The Group is currently still assessing the impact of these amendments on the Group’s Consolidated Financial Statements. The amendments replaced the reference to an old version of the IASB’s Conceptual Framework (the 1989 Framework) with a reference to the current version issued in March 2018 (the Conceptual Framework). The amendments further added an exception to the recognition principle in IFRS 3. That is, for liabilities and contingent liabilities that would be within the scope of IAS 37 or IFRIC 21, if incurred separately, an acquirer would apply IAS 37 or IFRIC 21, respectively, instead of the Conceptual Framework, to identify the obligations it has assumed in a business combination. The amendment further added an explicit statement in the standard that an acquirer cannot recognise contingent assets acquired in a business combination. The amendments are effective for annual reporting periods beginning on or after 1 January 2022 and apply prospectively. Since the Group’s current practice is in line with the amendments, the amendments are expected to have no impact on the Group’s Consolidated Financial Statements. Amendments to IAS 16 – Proceeds before intended use The amendments address the accounting for any proceeds received from selling items produced while bringing that asset to the location and condition necessary for it to be capable of operating in the manner intended by management. The amendments specify that an entity would recognise the proceeds from selling such items, and the costs of producing those items, in profit or loss. Companies are required to apply the amendment to annual reporting periods beginning on or after 1 January 2022. The amendment must be applied retrospectively but only to items of property, plant and equipment that are brought to the location and condition necessary for them to be capable of operating in the manner intended by management on or after the beginning of the earliest period presented in the Financial Statements in which the entity first applies the amendments. Earlier application is permitted. The amendments will have no impact on the Group’s consolidated financial statement. The amendments specify which costs an entity needs to include when assessing whether a contract is onerous or loss-making. The amendments specify that the cost of fulfilling a contract comprises the costs that relate directly to the contract. Costs that relate directly to a contract consist of both: n the incremental costs of fulfilling that contract—for example, direct labour and materials; and n an allocation of other costs that relate directly to fulfilling contracts—for example, an allocation of the depreciation charge Amendments to IFRS 3 – References to the conceptual framework Amendments to IAS 37 – Onerous contracts – Cost of fulfilling a contract

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2021 UNIVERSAL REGISTRATION DOCUMENT