EURONEXT_Registration_Document_2017

CONTENTS

KEY FIGURES ACHIEVEMENTS

8

10

RISKS

3

4.8 Short Positions

100 100 101 101 101 102

4.9 Market Abuse Regime 4.10 Transparency Directive

Strategic Risks Financial Risks Operational Risks

4 5 6

4.11 Dutch Financial Reporting Supervision Act

4.12 Dividends and Other Distributions

1 PRESENTATION OF THE GROUP

4.13 Financial Calendar

5 OPERATING AND 5.1 Overview

13

1.1 Company Profile

14 17 20 41

FINANCIAL REVIEW

105

1.2 Strategy: “Agility for Growth” Strategic Plan

106 5.2 Material Contracts and Related Party Transactions 127 5.3 Legal Proceedings 129 5.4 Insurance 130 5.5 Liquidity and Capital Resources 131 5.6 Tangible Fixed Assets 133

1.3 Description of the Business

1.4 Regulation

2 CORPORATE GOVERNANCE

47

2.1 Dutch Corporate Governance Code, “Comply or Explain” 2.2 Management & Control Structure 2.3 Report of the Supervisory Board

6 FINANCIAL STATEMENTS

48 50 61 64 69

135

6.1 Consolidated Income Statement 136 6.2 Consolidated Statement of Comprehensive Income 137 6.3 Consolidated Balance Sheet 138 6.4 Consolidated Statement of cash flows 139 6.5 Consolidated Statement of Changes in Equity 140 6.6 Notes to the Consolidated Financial Statements 141 6.7 Company Financial Statements for the Year Ended 31 December 2017 191 6.8 Notes to the Company Financial Statements 193

2.4 Remuneration report

2.5 Corporate Social Responsibility

3 SELECTED HISTORICAL CONSOLIDATED FINANCIAL INFORMATION AND OTHER FINANCIAL INFORMATION

85

4 GENERAL DESCRIPTION OF THE COMPANY AND ITS SHARE CAPITAL

7 OTHER INFORMATION

205

91

7.1 Profit Appropriation Section 7.2 Independent Auditors Report

206 206

4.1 Legal Information on the Company

92 92 94

4.2 Share Capital

4.3 Shareholder Structure

G GLOSSARY

4.4 Share Classes and Major Shareholders 94 4.5 General Meeting of Shareholders and Voting Rights 98 4.6 Anti-Takeover Provisions 99 4.7 Obligations of Shareholders and Members of the Managing Board to Disclose Holdings 99

211

II

www.euronext.com

2017 REGISTRATION DOCUMENT