Euronext // 2021 Universal Registration Document

Financial Statements 8 Notes to the Consolidated Financial Statements

NOTE 6

NON-CONTROLLING INTERESTS (“NCI”)

Financial information of subsidiaries that have material non-controlling interest is provided below. Proportion of equity interest held by non-controlling interests:

% of ownership interest held by NCI 2021 %

2020 %

Name of entity

Place of business / country of Incorporation

Nord Pool Holding AS

Norway

34.00

34.00

MTS S.p.A.

Italy

37.50

—

IBabs B.V. (a)

The Netherlands

—

40.00

Commcise Software Ltd. (a)

United Kingdom

—

21.00

(a) In 2021, the Group exercised call options to acquire the 40% and 21% stakes in respectively iBabs B.V. and Commcise Software Ltd.

The summarised financial information of these subsidiaries is provided below. This information is based on amounts before inter-company eliminations.

SUMMARISED BALANCE SHEET

Nord Pool Holding AS

MTS S.p.A

IBabs B.V.

Commcise Software Ltd.

31 December 2021

31 December 2020

31 December 2021

31 December 2020

31 December 2021

31 December 2020

31 December 2021

31 December 2020

In thousands of euros

Current assets

264,296

87,540

67,185

— 18,653

17,422

14,262

9,351

Current liabilities

237,801

60,567

19,433

—

6,993

7,163

6,688

4,197

Current net assets Non-current assets

26,495

26,973

47,752

— 11,660 — 16,901

10,259

7,574

5,154

31,289

32,836

64,972

18,479

6,182

7,172

Non-current liabilities

6,816

7,457

4,833

—

4,348

4,607

1,416

1,359

Non-current net assets

24,473 50,968

25,379 52,352

60,139

— 12,553 — 24,213

13,872 24,131

4,766

5,813

NET ASSETS

107,891

12,340

10,967

Accumulated NCI

17,329

17,799

40,427

—

—

9,652

—

2,303

SUMMARISED STATEMENT OF COMPREHENSIVE INCOME

Nord Pool Holding AS

MTS S.p.A

IBabs B.V.

Commcise Software Ltd.

2021 38,202

2020 35,907

2021 (a)

2020

2021

2020 16,528

2021 7,197

2020 5,834

In thousands of euros

Revenue

59,010

— 17,735

Profit for the year

3,674

4,479

4,611

—

9,083

7,654

597

993

OCI

(415)

(323)

13

—

—

—

130

107

TOTAL COMPREHENSIVE INCOME Profit / (loss) allocated to NCI

3,259

4,156

4,624

—

9,083

7,654

727

1,100

1,249

1,523

1,728

—

578

3,062

80

209

Dividends paid to NCI

—

—

9,157

—

3,600

2,800

—

—

(a) As from acquisition date.

244

2021 UNIVERSAL REGISTRATION DOCUMENT