Euronext // 2021 Universal Registration Document

Financial Statements 8 Notes to the Company Financial Statements

NOTE 53 BORROWINGS

For additional information on the borrowing positions, a reference is made to Note 29 of the Consolidated Financial Statements.

NOTE 54 RELATED PARTY BORROWINGS

As at 1 January 2021

Loan settlements made

Interest accrued/ (paid)

As at 31 December 2021

Loans advanced

In thousands of euros

Current Euronext Paris S.A.

204,711

(137,711)

—

—

67,000

Euronext IP & IT Holding B.V.

84,686

—

—

—

84,686

Euronext Amsterdam N.V.

25,000

—

—

—

25,000

Euronext Brussels S.A./N.V.

60,000

—

—

—

60,000

Euronext Corporate Services B.V.

3,500

—

—

—

3,500

Euronext Lisbon S.A.

—

—

30,000

30,000

The Irish Stock Exchange Plc.

—

—

30,000

30,000

Interest payable on intercompany loan

122

—

—

(33)

89

TOTAL

378,019

(137,711)

60,000

(33)

300,275

As at 1 January 2020

Loan settlements made

Interest accrued/ (paid)

As at 31 December 2020

Loans advanced

In thousands of euros

Current Euronext Paris S.A.

257,639

(52,928)

—

—

204,711

Euronext IP & IT Holding B.V.

84,686

—

—

—

84,686

Euronext Amsterdam N.V.

25,000

—

—

—

25,000

Euronext Brussels S.A./N.V.

60,000

—

—

—

60,000

Euronext Corporate Services B.V.

3,500

—

—

—

3,500

Interest payable on intercompany loan

122

—

—

—

122

TOTAL

430,947

(52,928)

—

— 378,019

The fair value of the related party loans payable approximate their carrying values.

The €25.0 million loan payable to Euronext Amsterdam N.V. has no maturity and is repayable at lender’s or borrower’s request upon 48 hours’ notice. The interest was EONIA plus 0.125% until 31 December 2021 and €STER plus 0.125% thereafter, payable annually on one loan. The sensitivity of the related party loan payables to changes in the interest rate is that a 0.5% increase/decrease of the interest rate will result in an increase/decrease of the interest income by €0.1 million (2020: €0.1 million). The €60.0 million loan payable to Euronext Brussels S.A./N.V. has no maturity and is repayable at lender’s or borrower’s request upon 48 hours’ notice. The interest is EURIBOR 3 months plus 0.125% payable annually on one loan. The sensitivity of the related party loan payables to changes in the interest rate is that a 0.5% increase/ decrease of the interest rate will result in an increase/decrease of the interest income by €0.3 million (2020: €0.3 million).

The €67.0million loan payable to Euronext Paris S.A. has no maturity and is repayable at lender’s or borrower’s request upon 48 hours’ notice. The applicable interest was EONIA OIS plus 0.125% until 31 December 2021 and €STER plus 0.125% thereafter, payable annually. The sensitivity of the related party loan payables to changes in the interest rate is that a 0.5% increase/decrease of the interest rate will result in an increase/decrease of the interest income by €0.3 million (2020: €1.0 million). The €84.7 million loan payable to Euronext IP & IT Holding B.V. has no maturity and is repayable at lender’s or borrower’s request upon 48 hours’ notice. The interest is EURIBOR 3 months plus 0.125% payable annually on two loans. The sensitivity of the related party loan payables to changes in the EURIBOR interest rate is that a 0.5% increase/decrease of the interest rate will result in an increase/ decrease of the interest income by €0.4 million (2020: €0.4 million).

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2021 UNIVERSAL REGISTRATION DOCUMENT