Euronext // 2021 Universal Registration Document

Presentation of the Group

Description of the Business

HISTORICAL AVERAGE DAILY VOLUMES (€ MILLION) (1)

1

35,000

30,000

25,000

21,416

20,000

15,721

15,000

14,468

14,000

13,714

13,478

12,844

12,500

12,497

12,121

11,805

11,671

11,225

11,256

janv-20 11,103

10,859

10,786

10,754

10,446

10,313

9,868

9,751

10,000

9,638

8,176

5,000

0

oct-20

oct-21

juil-20

juil-21

avr-20

avr-21

déc-20

déc-21

nov-20

nov-21

mai-20

mai-21

juin-20

juin-21

févr-20

févr-21

janv-21

sept-20

sept-21

août-20

août-21

mars-20

mars-21

Recent Developments Advanced Pricing Strategy

of the first Total Return Future (“TRF”) on a national benchmark, the CAC 40® Index and the launch in 2021 of new Single stock futures and single stock dividend futures. Euronext also offers commodity derivatives trading with futures and options based on milling wheat, corn and rapeseed, and futures on dairy products, wood pellets, and urea ammonium nitrate (“UAN”) 30 fertiliser. The Group is the leading agricultural commodity franchise in Europe and its core commodity contracts have long been relied upon as trusted global and European benchmarks. Euronext also offers trading in financial salmon futures contracts through its subsidiary Fish Pool. In 2021, the notional value of the derivatives traded on Euronext’s derivatives markets was €5.1 trillion, equivalent to an average of €20.0 billion per day. Euronext’s derivatives team has a mission to bring innovation and agility to the derivatives markets. Since Euronext’s IPO in June 2014, Euronext has focused on researching and developing new derivatives products together with its client community. These are now beginning to come to market and Euronext continues to expand its capabilities and make its business work better for Euronext’s customers. Euronext is pursuing the expansion of its commodity derivatives strategy along three axes: 1. focus on the core European agricultural markets with the European Inventor Management (EIM) service, new delivery points in corn and New Market Participants programme; 2. innovation and diversification with cash settled and commodities; 3. enhanced client centric approach.

During 2021, Euronext continued to optimise and adjust its pricing strategy on several key components of the tariff structure. The flagship liquidity provision programme (Supplemental Liquidity Program) continued to help in delivering a strong performance in the quality of Euronext Cash market while delivering substantial yield. Furthermore, as part of the “Growth for Impact 2024” strategic plan, Euronext committed to “capitalise on its Federal model”, incentivising “natural” flow from local and regional brokers and buy-side in each market. To that extend, a new pricing strategy has been developed called the Local Fee Scheme. Euronext is a leading pan-European derivatives trading venue with trading activities across financial and commodity derivatives products. Euronext offers financial derivatives trading in its markets in Amsterdam, Brussels, Lisbon, Oslo and Paris, and, as of 31 December 2021, was the second largest market in equity index futures and the second largest in equity index options in Europe in number of contracts. Euronext offers local markets access to the trading of futures and options based on global equities, dividends, local market indices including the AEX®, BEL 20®, CAC 40®, ISEQ®, PSI®, OBX® and established pan-European equity indices such as the FTSEurofirst and FTSE EPRA/NAREIT real estate indices. Euronext is also innovating in the derivatives space with the launch in 2018 1.3.4.2 Derivatives trading Products and Services

(1) Pro forma Borsa Italiana for the months before the acquisition.

35

2021 UNIVERSAL REGISTRATION DOCUMENT