EURONEXT_Registration_Document_2017

CORPORATE GOVERNANCE

Corporate Social Responsibility

In 2017, the Supervisory Board and its three related Committees held twenty-eight sessions through in person meetings or conference calls. By the end of 2017 the Managing Board included six directors, and in its «Extended Managing Board composition» it included four Executive managers who attended all its meetings (Chief Financial Officer, Chief Information & Technology Officer, General Counsel and Chief Talent Officer). In 2017, the Company has reaffirmed the role of the Euronext Managing Board and of the Investment Committee, performed monthly risk reviews and strengthened the Senior Leadership team with fifty five Senior managers. The Senior Leadership team, a new Executive Group created in 2016, was composed of 24% of females. The balance of country representation was the following: 56% France, 13% Netherlands, 13% United Kingdom, 9% Portugal, 7% Belgium and 2% United States. The average age of this Group is 45 years old. Executive compensation respects the Company’s remuneration policy, ensuring adequate performance based rewards. For further details see section 2.4.1 “Remuneration Policy” . Detailed information about Euronext’s Governance can be found on the Corporate Governance page on Euronext’s website as well as in sections “Corporate Governance” and “Management control structure” of this Registration Document. The enterprise risk management framework also illustrates Euronext’s commitment to CSR (see section 2.2. “Management & Control structure” ). Euronext governance includes internal auditing and internal control teams, supported by external firms to audit specific items, provide guidance and control. In 2017, 12 assignments on various domains, including Information Technology, Business entities and Support Functions, have been conducted by the Internal Audit department. Euronext Commitment to Ethics Euronext’s commitment to high ethical and legal standards of conduct remains a top priority, and the Group aims to be a model for the industry by supporting the highest ethical standards in its dealings with its colleagues, employees, business partners, customers and in its communities. Euronext is committed to ensuring a balance between the needs of its employees with those of the Company guaranteeing each and every employee can excel and develop in a safe, discrimination and harassment free environment. Euronext Code of Business Conduct and Ethics Euronext has adopted a Code of Business Conduct and Ethics that reaffirms its commitment to high standards of ethical conduct and reinforces its business integrity, policies and procedures. The Code of Business Conduct and Ethics explains the Company’s core values and basic ethical obligations in conducting business. In particular, it addresses the following themes:  conflicts of interest;  inside information and personal trading; 1.

 confidential information and privacy;  anti-money laundering, sanctions and anti-bribery;  fair competition.

2. Euronext Compliance policies These policies aim at ensuring compliance with the laws and promoting best practice as well as the higher ethical standards. They intend to raise awareness among Euronext employees and avoid non-compliance or reputational risks. Euronext has implemented the Anti-Money Laundering and Sanctions Policy and Guidance according to the 4 th European Union AML Directive. The financial sector relies on Euronext to Act as a gatekeeper preventing money laundering and terrorist financing activities. The Euronext Anti-Money Laundering and Sanctions Policy is designed to ensure compliance with EU AML Directives and regulation applicable to an operator of regulated markets and trading venues. It includes the need to have in place appropriate systems and controls to identify and mitigate the risk of Euronext being used to facilitate money laundering, other financial crime and terrorist financing. Furthermore, Euronext maintains a strong focus on detecting integrity breaches such as market abuse, market manipulation, and insider trading which are reported to regulators. Euronext has internal procedures and dedicated teams for this purpose and to ensure compliance with requirements of the REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on market abuse (market abuse regulation). Prevention of market abuse by Euronext staff is supported by a Personal Trading Policy, a Euronext N.V. Insider trading Policy as well as a Confidential and Inside information Policy. Finally, Euronext has adopted an anti-bribery policy and a conflict of interest policy according to best practice to comply with local laws, as well as a gift meals and entertainment policy which strives to ensure all Euronext staff upholds the highest standards with respect to conflicts of interest and anti-corruption. The Anti-Bribery Policy is established to prevent, identify and report the activities constituting bribery in its many forms. Similarly, Euronext has established the Conflicts of interest Policy to avoid conflicts situations, ensure that Employees understand what a conflict of interest is, in its many forms and offer guidance to Employees on how to manage such conflicts. The aforementioned policies apply to Euronext and its majority owned subsidiaries, and to all Euronext employees including consultants (including interns and temporary staff) and agents. Training and awareness Staff training and awareness sessions are conducted regularly in all company locations to promote compliance and ethics standards. Each new employee is trained shortly after joining by the Euronext Compliance department. Euronext conducts ongoing training as refresher and as necessary, such as following the modification of these policies. Finally, some teams receive specific training as they have been identified as more exposed to certain risks. 3.

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2017 REGISTRATION DOCUMENT