EURONEXT AGILITY FOR GROWTH Our mission is to power pan-European capital market to finance the real economy Objectives Enablers  Cost management discipline, €22m gross efficiencies Client centricity Agility  M&A framework, €100m to 150m for bolt-on acquisitions and development costs  Strengthened IT platform, Optiq™ delivered in 2017 and 2018  Continued core business growth, +2% CAGR revenues 2015-19 Open federal model Resilience  Preserved market share, >60% in cash equity trading, >50% in French equity options  Maintain and expand listings, market data & index businesses Innovation discipline  Add value to issuers, 2 initiatives Growth  Add value to investors, 4 initiatives  Grow revenues, incremental revenues contribution of €70m Talent development  Create optionality in post-trade solutions, investment in EuroCCP Value  Revenues growth, 5% CAGR 2015-19 creation  EBITDA margin strengthen, 61% to 63% EBITDA margin in 2019 Entrepreneurial culture  Disciplined capital allocation, 50% pay out AGILITY FOR GROWTH 113