Euronext // 2021 Universal Registration Document

Financial Statements

Notes to the Consolidated Financial Statements

The following table shows the offsetting breakdown by products:

31 December 2021

Net amount as reported

Gross amounts

Amount offset

In thousands of euros

Derivative financial asset

24,913,656

(13,789,974)

11,123,682

Reverse repurchase agreements

118,785,865

(13,146,912)

105,638,953

Other

7,362

(3,236)

4,126

TOTAL ASSETS

143,706,883

(26,940,122)

116,766,761

Derivative financial liabilities

(24,913,656)

13,789,974

(11,123,682)

Reverse repurchase agreements

(118,785,865)

13,146,912

(105,638,953)

Other

(7,362)

3,236

(4,126)

TOTAL LIABILITIES

(143,706,883)

26,940,122

(116,766,761)

NOTE 36 RELATED PARTIES

36.1 Transactions with related parties The Group has related party relationships with its associates and joint ventures (as described in Note 7). Transactions with associates and joint ventures are generally conducted with terms equivalent

to arm’s length transactions. Transactions between subsidiaries are not included in the description as these are eliminated in the Consolidated Financial Statements. The interests in Group Companies are set out in Note 4.

The transactions with related parties and outstanding year-end balances are reported in the tables below:

2021 88,642 34,535

2020 67,433 34,767

In thousands of euros

Sales to related parties

Purchases from related parties

As at 31 December 2021

As at 31 December 2020

In thousands of euros

Receivables from related parties

4,287

3,308

Payables to related parties

227

111

Cassa di Compensazione e Garanzia S.p.A. has an interoperability agreement in place with associate LCH SA, covering trades in Italian Government bonds executed on MTS markets. No cross-charges of revenue or expenses are recognized in connection with this agreement.

8

36.2 Key management remuneration The other related parties disclosure relates entirely to the key management of Euronext, being represented by the company’s Managing Board and Supervisory Board. The compensation expense recognised for key management is as follows:

2021 Managing Board Supervisory Board

Total

In thousands of euros

Short term benefits

(6,840)

(992)

(7,832)

Share-based payment costs (a)

(3,896)

—

(3,896)

Post-employment benefits

(169)

—

(169)

Termination benefits

—

—

—

TOTAL BENEFITS

(10,905)

(992)

(11,897)

(a) Share based payments costs are recognised in accordance with IFRS 2.

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2021 UNIVERSAL REGISTRATION DOCUMENT