Refinitiv UK (Rest of World) Holdings Limited

DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Registration number: 11259319

Annual Report and Financial Statements

for the Year Ended 31 December 2019 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Contents

Strategic Report 1 to 3

Directors' Report 4 to 7

Independent Auditor's Report 8 to 13

Profit and Loss Account 14

Statement of Financial Position 15

Statement of Changes in Equity 16

Notes to the Financial Statements 17 to 34 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Strategic Report for the Year Ended 31 December 2019

The directors present their strategic report and the audited financial statements for the year ended 31 December 2019.

Definitions As used in this annual report, the "Group" and "Refinitiv" refers to the Refinitiv Holdings Limited and its subsidiary undertakings, including joint ventures and associates. The "Company" refers to Refinitiv UK (Rest of World) Holdings Limited.

Fair review of the business The principal activity of the Company is to act as an intermediate holding company in the Group.

The Company was incorporated on 16 March 2018 and comparative numbers for the previous year have been presented accordingly.

The loss for the financial year ended 31 December 2019 amounted to $37,969,000 (2018: $13,085,000).

As at 31 December 2019, the Company has a net asset position of $349,276,000 (2018: $387,245,000).

Given the nature of the business, the Company’s directors are of the opinion that analysis using key performance indicators is not necessary for an understanding of the development, performance or position of the business.

Principal risks and uncertainties

As a holding company, the principal risks and uncertainties are limited to its investment portfolio. The Company may be required to take future impairment charges that would reduce the reported assets and earnings as a result of realising the underlying assets.

Status of Brexit and potential impact

The UK left the EU on 31 January 2020. On February 1, the UK entered into a transition period, during which it will continue to apply and be bound by all EU laws. The transition period will last until 31 December 2020. It remains unclear how Brexit will affect the country’s trading relationships, corporate taxation policy, the movement of people, and regulatory affairs in the long-term. The directors have considered the impact of the UK leaving on the financial, regulatory and legal environment and concluded that it would depend on the nature of arrangements agreed. These arrangements are difficult to predict as the UK’s future relationship with the EU is still to be finalised in 2020 and potentially beyond. Until these terms are finalised, it is not possible to determine the impact on the economic conditions in the UK and on the Company.

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Refinitiv UK (Rest of World) Holdings Limited

Strategic Report for the Year Ended 31 December 2019 (continued)

Refinitiv as an organization has been assessing the impact of Brexit on its businesses. Wherever required, the Group has been taking steps to mitigate any potential impact, including by strategically creating new entities where relevant. As Brexit brings with it uncertainties as to the laws that shall be adopted / repealed, the Company has designed its policies and procedures to ensure the Company remains compliant with applicable laws.

All of the risks referred to above are monitored and managed by the directors through control processes in operation.

Covid-19 On 11 March 2020 the World Health Organization labelled the public health emergency situation caused by the coronavirus (COVID-19) outbreak a global pandemic. The rapid escalation of events, in both the United Kingdom and worldwide, is resulting in an unprecedented health crisis that will have an impact on the macroeconomic environment and business evolution. To tackle the issue, the United Kingdom issued orders to stay at home, closed certain businesses and venues, prohibited public gatherings, and other guidelines.

Refinitiv Holdings Limited, the parent Company of the Group, has responded to this in a variety of ways to ensure minimal disruptions to services provided to clients and the wellbeing of employees as far as possible. Most of its staff are currently working from home, except for essential staff that must be in the office. The Company is closely monitoring its technology infrastructure due to the changing requirements of employees working from home and the increased client activity and trading volume on the Group’s platforms.

Section 172 (1) Statement Section 172 of the Companies Act 2006 requires a director of a company to act in the way he or she considers, in good faith, would most likely promote the success of the company for the benefit of its members as a whole. In doing this section 172(1) requires a director to have regard, amongst other matters, to the:

(a) likely consequences of any decision in the long term; (b) interests of the company's employees; (c) need to foster the company's business relationships with suppliers, customers and others; (d) impact of the company's operations on the community and the environment; (e) desirability of the company maintaining a reputation for high standards of business conduct, and (f) need to act fairly as between members of the company.

In discharging their duties under section 172 (1) of the Act the directors have regard to the matters set out in (a) to (f) above. As the Company does not have any employees, suppliers or customers and acts as a holding company within the Refinitiv group, points (b), (c) and (d) are not wholly relevant but the directors are still mindful of these factors as they pertain to the Group. The directors also have regard to other matters which they consider relevant to the decisions being made, for example the director consider the Company’s subsidiary companies as a key stakeholder group and have regard to their interests and views where appropriate. The directors have a process in place for us to take account of relevant matters in their decision-making, and the directors ensure their decisions are aligned with the Group’s purpose, vision and values together with its long-term strategic priorities.

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Refinitiv UK (Rest of World) Holdings Limited

Strategic Report for the Year Ended 31 December 2019 (continued)

As directors of a Refinitiv group company, the directors are provided with induction materials including the Corporate Secretarial Guide for Subsidiary Directors, Officers and Others which covers duties and responsibilities as a director of a Refinitiv company in addition to other key principles for directors and officers of Refinitiv entities. The Refinitiv Code of Business Conduct and Ethics is a personal and professional commitment to hold all employees, including all of them who are directors of Refinitiv UK (Rest of World) Holdings Limited, up to the highest standards in how they work with each other, Refinitiv’s customers and its resources. The directors along with all Refinitiv personnel are required to acknowledge the Code, and complete dedicated training each year or each time the Code is updated to demonstrate their understanding of the Code’s requirements.

During the period the directors received information to help them understand the interests and views of the Company’s key stakeholders and other relevant factors when making decisions. This information was distributed in a range of different formats.

Shareholders The Company is a wholly owned indirect subsidiary of Refinitiv Holdings Limited whose board is made up of representatives from its shareholders, including private equity funds managed by Blackstone and its co-investors and from Thomson Reuters. Through this engagement the directors feel there is effective dialogue with and input from the shareholders of the Company's ultimate shareholders.

Approved by the Board of Directors on 30 July 2020 and signed on its behalf by:

...... Timothy Knowland Director

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Refinitiv UK (Rest of World) Holdings Limited

Directors' Report for the Year Ended 31 December 2019

The directors present their annual report and the audited financial statements for the year ended 31 December 2019.

Directors of the company The directors who were in office during the year and up to the date of signing of the financial statements were as follows: Peter Thorn Timothy Knowland Maria Cassidy (resigned 4 March 2019)

There are no indemnities in place for the directors. Refinitiv Holdings Limited has a Directors' & Officers' Liability Insurance Policy in place for the Group.

Future development The directors do not envisage any changes to the nature of the business in the foreseeable future. However, on 1 August 2019, the shareholders of Refinitiv Holdings Limited, the parent company of the Refinitiv group of companies, agreed definitive terms with the London Stock Exchange Group plc (LSEG) to acquire the Refinitiv business in an all share transaction. The transaction is subject to regulatory approvals and certain other closing conditions. Upon the closing of the transaction, Refinitiv shareholders will ultimately hold an approximate 37 per cent economic interest in LSEG and less than 30 per cent of the total voting rights of LSEG. Completion of the transaction is expected to occur during the second half of 2020.

Dividends The directors of the Company recommend $Nil (2018: $Nil) dividends. The directors of the Company have not proposed any dividend up to the date of signing of the financial statements.

Post balance sheet event The Company has concluded that Covid-19, of which the principal risks and uncertainties are discussed in the Strategic Report, is a non-adjusting event which does not require any adjustment to the financial statements for the year ended 31 December 2019. However, it could have an impact on the Company’s future operations and, therefore, future results and cash flows. Given the complexity and rapid escalation of events, it is not currently practicable to make a reliable quantified estimate of their potential impact on the Company. Should there be an impact, it would be recorded prospectively in the 2020 financial statements.

Political donations The Company made $Nil (2018: $Nil) political donations.

Employee involvement The Company did not have any employees during the period.

Going concern The Company's intermediate parent undertaking has confirmed its intention to continue to provide ongoing financial support to the Company and all of its current subsidiaries to enable them to continue to trade and to enable them to meet their liabilities as they fall due within one year from the date of signing the financial statements. As a result, the directors have deemed it appropriate to prepare the financial statements on a going concern basis.

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Refinitiv UK (Rest of World) Holdings Limited

Directors' Report for the Year Ended 31 December 2019 (continued)

The Company is taking appropriate action to deal with the events arising from Covid-19 and to minimize its impact, and considers that this is a temporary situation that according to the latest estimates and current cash position will not compromise the Company’s ability to continue as a going concern.

The operations of the Company are structured such that there is reliance on ongoing support from its group parent to continue as a going concern. Having sought and received confirmation in terms of the current group structure and ongoing continuity of support from Refinitiv Holdings Limited and after considering the impact of the latest developments with regards to Covid-19 and Brexit, including those related to the latest financial position and solvency of Refinitiv Holdings Limited, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from approval of the financial statements.

Financial risk management The management of financial risks is undertaken at a Group level. The Group's overall risk management programme focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the Group's financial performance.

Given the size of the Company, the directors have not delegated the responsibility of monitoring financial risk management to a sub-committee of the board. The policies set by the board of directors are implemented by the Group’s finance department. The department has a policy and procedures manual that sets out specific guidelines to manage credit and liquidity risks. Interest rate cash flow risk is managed by Refinitiv Holdings Limited.

Credit risk and cash flow risk

Credit risk The Company is exposed to concentrations of credit risk. The company’s principal financial assets are intercompany receivables and cash. The company has performed a review of the intercompany receivables amidst the current global impact of Covid-19 and have made reassessments to credit risk on a case-by-case basis. The maximum exposure to credit risk at 31 December 2019 was as follows: intercompany receivables $375,910,000 (2018: $525,345,000) and cash and cash equivalents Nil (2018: $14,000).

Cash flow risk The Company’s interest rate risk arises from interest-bearing assets. Short-term investments and amounts owed by Group undertakings subject to variable rates expose the Company to cash flow interest rate risk, which is the risk that future cash flows will fluctuate because of changes in market interest rates. The carrying amounts of loans which are subject to variable interest rates is $375,910,000 (2018: $525,345,000) and interest free is Nil (2018: Nil).

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Refinitiv UK (Rest of World) Holdings Limited

Directors' Report for the Year Ended 31 December 2019 (continued)

Statement of directors' responsibilities The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS 102 “The Financial Reporting Standard applicable in United Kingdom and Republic of Ireland”, and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing the financial statements, the directors are required to: • select suitable accounting policies and then apply them consistently; • state whether applicable United Kingdom Accounting Standards, comprising FRS 102, have been followed, subject to any material departures disclosed and explained in the financial statements; • make judgements and accounting estimates that are reasonable and prudent; and • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate information relevant to the company included on the Refinitiv website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Reporting on matters in section 172(1) of the Companies Act 2006, the directors have complied with their duty in promoting the success of the company for the benefit of its members as a whole along with other matters which has been disclosed in the strategic report.

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Refinitiv UK (Rest of World) Holdings Limited

Directors' Report for the Year Ended 31 December 2019 (continued)

Disclosure of information to the auditors Each of the persons who is a director at the date of approval of this report confirms that:

• so far as the director is aware, there is no relevant audit information of which the Company’s auditors are unaware; and • they have taken all the steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the Company’s auditors are aware of that information.

The confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.

Approved by the Board of Directors on 30 July 2020 and signed on its behalf by:

...... Timothy Knowland Director

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Refinitiv UK (Rest of World) Holdings Limited

Independent Auditor's Report to the members of Refinitiv UK (Rest of World) Holdings Limited

Report on the audit of the financial statements

Opinion In our opinion the financial statements of Refinitiv UK (Rest of World) Holdings Limited (the ‘Company’): • give a true and fair view of the state of the company’s affairs as at 31 December 2019 and of its loss for the year then ended; • have been properly prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”; and • have been prepared in accordance with the requirements of the Companies Act 2006.

We have audited the financial statements which comprise: • the profit and loss account; • the statement of financial position; • the statement of changes in equity; and • the related notes 1 to 14.

The financial reporting framework that has been applied in their preparation is applicable law and Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report.

We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the Financial Reporting Council’s (the ‘FRC’s’) Ethical Standard as applied to listed entities, and we have fulfilled our other ethical responsibilities in accordance with these requirements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Summary of our audit approach • Key audit matters - The key audit matters that we identified in the current year were going concern and valuation of unlisted investments. • Materiality - The materiality that we used in the current year was $3.5 million which was determined on the basis of 1% of net assets. • Scoping - Audit work to respond to the risks of material misstatement was performed directly by the audit engagement team. Changes from prior year -There are no significant changes in the company’s operation as compared to the prior year. However in current year, the engagement team changed the basis of determining materiality for the entity. The benchmark for determining materiality has been changed from total assets to net assets in the current year.

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Refinitiv UK (Rest of World) Holdings Limited

Independent Auditor's Report to the members of Refinitiv UK (Rest of World) Holdings Limited (continued)

Conclusions relating to going concern We are required by ISAs (UK) to report in respect of the following matters where: • the directors’ use of the going concern basis of accounting in preparation of the financial statements is not appropriate; or • the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.

We have nothing additional to report in respect of these matters.

Key audit matters Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial statements of the current period and include the most significant assessed risks of material misstatement (whether or not due to fraud) that we identified. These matters included those which had the greatest effect on the overall audit strategy, the allocation of resources in the audit; and directing the efforts of the engagement team.

These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Going concern Key audit matter description Management consider it appropriate to prepare the financial statements on a going concern basis. The activities of the company are integrated with those of the group and therefore in making their assesment of the company’s ability to continue as a going concern, the directors have considered the confirmation provided by Refinitiv Holdings Limited, the ultimate parent company, that it will provide ongoing financial support to the company.

Further, the directors have made inquiries to confirm that Refinitiv Holdings Limited will be in position to provide this financial support for the 12 months from the approval of these financial statements, taking into account the expected impact of COVID-19.

The directors have also considered the potential impact of the proposed acquisition of Refinitiv Holdings Limited and associated subsidiaries by London Stock Exchange Group plc (‘LSEG’). In making their going concern assessment, the directors considered the correspondence between LSEG and Refinitiv Holdings Limited which indicated that, if the transaction takes place, LSEG intend to continue to operate the Company as a going concern for at least 12 months following approval of the financial statements.

We therefore considered going concern to be key audit matter because of the increased complexity and judgement in the going concern assessment and evaluation of the related disclosures. Management have disclosed their consideration of going concern in note 2 to the financial statements. Further detail is also on page 1 of the annual report.

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Refinitiv UK (Rest of World) Holdings Limited

Independent Auditor's Report to the members of Refinitiv UK (Rest of World) Holdings Limited (continued)

How the scope of our audit responded to the key audit matter We have obtained management’s assessment of the going concern considerations for the group headed by Refinitiv Holdings Limited, including the financial forecast for the next 12 months, and challenged the assumptions therein. In doing so we have compared to both the company’s historic trading performance the trading performance of its predecessor business during the financial crisis in 2008/9 and third party sources on the outlook for the market published after the commencement of the pandemic.

We have also reviewed and assessed the correspondence from Refinitiv Holdings Limited to management of the Company confirming its intention to provide financial support, if required, for at least 12 months from the signing of the Company’s financial statements.

Further, we assessed the potential impact of the proposed acquisition by LSEG on the company’s ability to continue as a going concern. This included reviewing the correspondence between LSEG and Refinitiv Holdings Limited, and evaluating the business rationale for continuing the current corporate structure for at least 12 months following approval of the financial statements.

Key observations We are satisfied with the directors’ conclusion that the financial statements should be prepared on a going concern basis.

Valuation of unlisted investments Key audit matter description The principal activity of the company is to act as a holding company.

The company has investments in other group companies of $1,021 million as at 31 December 2019, valued at cost less provision for impairment. The impairment recognised in the current year is $ 1.6 million. These investments are highly material to the company as they account for 73% of total assets.

Judgement is required by the directors as to whether there are indicators of impairment requiring an impairment assessment and if any such indication existed at 31 December 2019, they estimate the recoverable amount of the asset. This takes into consideration a range of factors including the nature and trading performance of the underlying businesses, any changes in these businesses and the sale of the broader group, which is disclosed in Strategic report.

Further details are included within the accounting policies, the critical accounting estimates and judgements both of which are in note 2 and note 8 of the financial statements.

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Refinitiv UK (Rest of World) Holdings Limited

Independent Auditor's Report to the members of Refinitiv UK (Rest of World) Holdings Limited (continued)

How the scope of our audit responded to the key audit matter We have assessed and challenged the directors’ assessment that there are no indications of impairment for the substantial majority of these investments. Our procedures to identify whether any impairment indicators existed at 31 December 2019 included performing our own analysis of the financial performance of these entities and using our knowledge from the audit of the wider group to determine if there were any changes in the business that would impact these entities.

We also reviewed the calculation performed by management regarding the impairment charge that was recorded during the year.

Key observations Based on the work performed we concluded that the valuation of unlisted investments is appropriate.

Our application of materiality We define materiality as the magnitude of misstatement in the financial statements that makes it probable that the economic decisions of a reasonably knowledgeable person would be changed or influenced. We use materiality both in planning the scope of our audit work and in evaluating the results of our work.

Based on our professional judgement, we determined materiality for the financial statements as a whole as follows:

Materiality - $3.5 million (2018: $15.5 million) Basis for determining materiality - 1% of net assets (2018: 1% of total assets) Rationale for the benchmark applied - We determined materiality based on net assets as this is the key metric used by management for these holding entities with shareholder value being driven by net assets value movements. In the prior period, we determined materiality based on total assets as it was the first year of the business when significant assets were acquired. However, changing the basis of determination of materiality in current year has resulted into a lower materiality.

We set performance materiality at a level lower than materiality to reduce the probability that, in aggregate, uncorrected and undetected misstatements exceed the materiality for the Financial Statements as a whole. Company’s performance materiality was set at 70% of the materiality for the 2019 audit (2018: 70%). In determining performance materiality, we considered factors including:

• Our risk assessment, including our assessment of the Company’s overall control environment; and • Our past experience of the audit, which has indicated a low number of uncorrected misstatements identified in prior periods.

We agreed with the directors that we would report to the directors all audit differences in excess of $0.176 million, as well as differences below that threshold that, in our view, warranted reporting on qualitative grounds. We also report to the directors on disclosure matters that we identified when assessing the overall presentation of the financial statements.

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Refinitiv UK (Rest of World) Holdings Limited

Independent Auditor's Report to the members of Refinitiv UK (Rest of World) Holdings Limited (continued)

An overview of the scope of our audit Our audit was scoped by obtaining an understanding of the entity and its environment, including internal control, and assessing the risks of material misstatement. Audit work to respond to the risks of material misstatement was performed directly by the audit engagement team.

Other information The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.

If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in respect of these matters.

Responsibilities of Directors As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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K,*&2 73 c/>U 4L4L R,'& 37 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Profit and Loss Account Year Ended 31 December 2019

31 December 31 December 2019 2018 Note $ 000 $ 000 Administrative Expenses 1,328 (124) Interest Expenses (35,050) (12,961) Loss on disposal of investments 8 (2,100) - Impairment 8 (1,606) - Operating loss 6 (37,428) (13,085) Loss before tax (37,428) (13,085) Tax on Loss 7 (541) - Loss for the financial year (37,969) (13,085)

The above results were derived from continuing operations.

The Company has no other comprehensive income for the year other than the results above, so no separate Statement of Comprehensive Income is presented.

The notes on pages 17 to 34 form an integral part of these financial statements. Page 14 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

(Registration number: 11259319) Statement of Financial Position as at 31 December 2019

31 December 31 December 2019 2018 Note $ 000 $ 000 Fixed Assets Investments 8 1,021,347 1,025,053 Current assets Debtors: amounts falling due within one year 9 375,910 525,886 Cash at bank and in hand - 14 375,910 525,900 Creditors: Amounts falling due within one year 10 (606,128) (718,327) Net current liabilities (230,218) (192,427)

Total assets less current liabilities 791,129 832,626 Creditors: Amounts falling due after more than one year 10 (441,853) (445,381) Net assets 349,276 387,245 Capital and reserves Share Capital 11 6 6 Share premium 12 400,324 400,324 Profit and loss account (51,054) (13,085) Total Shareholders' Funds 349,276 387,245

The financial statements of Refinitiv UK (Rest of World) Holdings Limited (Registration number: 11259319) on pages 14 to 34, have been approved and authorized by the Board of Directors on 30 July 2020 and signed on its behalf by:

...... Timothy Knowland Director

The notes on pages 17 to 34 form an integral part of these financial statements. Page 15 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Statement of Changes in Equity Year Ended 31 December 2019

Total Profit and loss Shareholders Share capital Share premium account Fund $ 000 $ 000 $ 000 $ 000 At 1 Jan 2019 6 400,324 (13,085) 387,245 Loss for the year - - (37,969) (37,969) At 31 December 2019 6 400,324 (51,054) 349,276 Total Profit and loss Shareholders Share capital Share premium account Fund $ 000 $ 000 $ 000 $ 000 At 16 March 2018 6 - - 6 Loss for the year - - (13,085) (13,085) Share premium - 400,324 - 400,324 At 31 December 2018 6 400,324 (13,085) 387,245

The notes on pages 17 to 34 form an integral part of these financial statements. Page 16 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019

1 General information The Company is a private company limited by share capital incorporated in United Kingdom under the companies act 2006 and is registered in England and Wales. The address of its registered office is: Five Canada Square Canary Wharf London E14 5AQ United Kingdom

The principal activity of the Company is to act as an intermediate holding company in the Refinitiv Group.

The financial statements are prepared in USD ($) as the majority of the Company's transactions are undertaken in USD ($).

2 Accounting policies Basis of preparation These financial statements have been prepared using the historical cost convention, and in accordance with Financial Reporting Standard 102 (FRS 102) issued by the Financial Reporting Council. The Company has applied the amendments to FRS 102 issued by the FRC in December 2017 with effect from 1 January 2019.

The principal accounting policies applied in the preparation of these financial statements are set out below. Summary of disclosure exemptions The Company meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it in respect of its separate financial statements. The Company is consolidated in the financial statements of its parent, Refinitiv Holdings Limited. Copies of Refinitiv Holdings Limited financial statements will be appended with the Company’s financial statements while filing with Companies House

In these financial statements, the Company has applied the exemptions available under FRS 102 in respect of the following disclosures: • Cash Flow Statement and related notes; • Disclosures in respect of transactions with wholly owned subsidiaries; • Disclosures in respect of capital management; and • Disclosures in respect of the compensation of Key Management Personnel. • Comparative period reconciliations for share capital, tangible fixed assets, intangible assets and investment properties;

The consolidated financial statements of Refinitiv Holdings Limited include the equivalent disclosures.

Page 17 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

2 Accounting policies (continued) Exemption from preparing group accounts The financial statements contain information about Refinitiv UK (Rest of World) Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The Company has taken advantage of the exemption under Section 401 of the Companies Act 2006, from the requirement to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of Refinitiv Holdings Limited. The consolidated financial statements of Refinitiv Holdings Limited are prepared in accordance with US Generally Accepted Accounting Principles.

Financial instruments Initial recognition and measurement Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument. All financial assets and liabilities are initially measured at transaction price (including transaction cost) and subsequently at amortized cost.

Group company loans These include loans to and from holding companies, fellow subsidiaries, subsidiaries, joint ventures and associates and are recognised initially at fair value plus direct transaction costs. These are subsequently recognized at amortized cost.

Loans to group companies are classified as loans and receivables.

Creditors Creditors are initially measured at fair value and are subsequently recognised at amortized cost using effective interest rate method.

Measurement convention The financial statements are prepared on the historical cost basis except that the non-current assets and disposal groups held for sale are stated at the lower of previous carrying amount and fair value less costs to sell.

Page 18 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

2 Accounting policies (continued)

Critical accounting estimates The preparation of Financial Statements in conformity with FRS 102 requires management to exercise its judgment in the process of applying the following accounting policies. Management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. These estimates and assumptions are based on historical information and other factors which management consider reasonable. The financial statements affected by these are provisions, accruals, impairments and deferred tax.

As at 31 December 2019, the investments of the Company into its subsidiaries account for $1,021,347,000 (2018: $1,025,053,000). Investments are tested for impairment when an event that might affect investment values has occurred. Management performed the assessment of impairment indications by analysing the following factors: • Whether significant changes with an adverse effect on the subsidiaries have taken place during the period, or will take place in the near future, in the technological, market, economic or legal environment and market in which the subsidiaries operate; • Whether evidence is available from internal reporting that indicates that the economic performance of subsidiaries is, or will be, worse than expected; • Whether the carrying amount of the net assets of the subsidiary is less than the company’s investments carrying value in that subsidiary; • Whether the dividend from the subsidiaries exceeds the total comprehensive income of the specific subsidiary in the period the dividend is declared.

As a result of the assessment performed by the management, the directors have concluded that there are indicators of impairment of the investments in the underlying subsidiaries as at 31 December 2019. The impairment recognised in the current year is $ 1,606,000 (2018: $ Nil).

Page 19 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

2 Accounting policies (continued)

Finance income and costs policy Interest receivable and payable is recorded in the profit and loss account as they accrue, using the effective interest rate method.

Investments The Company holds investments in other companies. These are recognised as fixed asset investments and are stated at cost less any impairment.

Investment impairment Investments are tested for impairment annually. An impairment loss is recognised to the extent that the carrying amount cannot be recovered either by selling the assets or by the discounted future earnings from operating the assets.

Cash and cash equivalents Cash and cash equivalents comprise of cash in hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 20 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

2 Accounting policies (continued) Foreign currency transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuation where items are re-measured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Profit and Loss Account, except when deferred in other comprehensive income as qualifying cash flow hedges and qualifying net investment hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within ‘finance income or costs’. All other foreign exchange gains and losses are presented in the Profit and Loss Account within ‘Administrative expenses’.

Changes in the fair value of monetary securities denominated in a foreign currency classified as available for sale is analysed between translation differences resulting from changes in the amortised cost of the security and other changes in the carrying amount of the security. Translation differences related to changes in amortised cost are recognised in the Profit and Loss Account, and other changes in carrying amount are recognised in other comprehensive income.

Translation differences on non-monetary financial assets and liabilities such as equities held at fair value through profit or loss are recognised in the Profit and Loss Account as part of the fair value gain or loss. Translation differences on non-monetary financial assets measure at fair value, such as equities classified as available for sale, are included in other comprehensive income.

Current and deferred tax The tax expense for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in shareholders’ funds. In this case, the tax is also recognised in other comprehensive income or directly in shareholders’ funds, respectively.

The current tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the company operates and generates taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the Company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Page 21 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

2 Accounting policies (continued) Current and deferred tax (continued) Unrelieved tax losses and other deferred tax assets are recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax liabilities are recognised for timing differences arising from investments in subsidiaries and associates, except where the Company is able to control the reversal of the timing difference and it is probable that it will not reverse in the foreseeable future.

3 Staff costs The Company did not have any employees at any time during the year (2018: Nil).

4 Directors' remuneration None of the directors had any beneficial interest in the share capital of the Company or an interest in any transactions or arrangements with the Company which require disclosure. None of the directors received any payment for their services as directors of the Company (2018: Nil)

5 Auditors' remuneration The auditor's remuneration in relation to the audit of financial statements is $33,150 (2018: $43,594) and is paid by a fellow group undertaking and is not recharged to the Company.

6 Operating loss The Operating Loss stated after (charging)/crediting: 31 December 31 December 2019 2018 $ 000 $ 000 Foreign exchange 1,472 (124) Administrative Expenses (144) - Impairment (1,606) - Loss on disposal (2,100) - Interest Expenses (35,050) (12,961) Total (37,428) (13,085)

Page 22 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

7 Tax on loss Tax (charged)/credited in the profit and loss account: 31 December 31 December 2019 2018 $ 000 $ 000 Current tax 541 - Total tax per profit and loss account 541 -

Tax expense for the year is higher (2018: higher) than the standard rate of corporation tax in the UK for the year ended 31 December 2019 of 19% (2018: 19%).

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the balance sheet date. The standard rate of corporation tax in the UK is 19% with effect from 1 April 2017 and was expected to fall to 17% from 1 April 2020. Although the 2020 budget stated the corporation tax rate will remain at 19% from 1 April 2020, this budget measure was not enacted or substantively enacted as of 31 December 2019. Therefore, deferred tax balances are recognised at a rate of 17%. Note that the 2020 budget was substantively enacted in March 2020. However, its impact on the measurement of deferred tax balances is not expected to be material.

The charge for the year can be reconciled to the profit per the profit and loss account as follows: 31 December 31 December 2019 2018 $ 000 $ 000 Loss for the period (37,428) (13,085)

Tax on loss at standard UK tax rate of 19.00% (7,111) (2,486) Expenses not deductible 708 16 Effects of overseas tax rates 541 - Disregarded foreign exchange (277) - Effects of group relief/other reliefs 6,680 7 Interest restriction - 2,463 Tax charge for the period 541 -

Page 23 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates 31 December 2019 $ 000 Cost At 1 January 2019 1,025,053 Disposals (2,100) At 31 December 2019 1,022,953 Provision for impairment At 1 January 2019 - Impairment during the year 1,606 At 31 December 2019 1,606 Net book value At 31 December 2018 1,025,053 At 31 December 2019 1,021,347

The directors are of the opinion that the value of the Company's investments is not less than the value at which it is stated in the Balance Sheet.

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows: Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held 2019 2018 Refinitiv France Holdings SARL* 6/8 Boulevard Holding 100% 100% Haussmann,75009 Company Paris,France Refinitiv Germany GmbH Friedrich-Ebert-AnlageTrading 100% 100% 49,60327 Frankfurt Company am Main, Germany

Page 24 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv Ireland Limited* 12/13 Exchange Trading 100% 100% Place, Company I.F.S.C,Dublin 1,D01P8H1,Ireland Refinitiv France SAS 6/8 Boulevard Trading 100% 100% Haussmann,75009 Company Paris,France Refinitiv Sweden AB* PO BOX Trading 100% 100% 1732,Stockholm,SE Company 111 87,Sweden Refinitiv Denmark A/S* Vesterbrogade Trading 100% 100% 1E,1620,Copenhagen Company V,Denmark Refinitiv Norge AS* Dronning Eufemias Trading 100% 100% gate Company 16,Oslo,0191,Norway Refinitiv Netherlands Holdings B.V.* Antonio Holding 100% 100% Vivaldistraat 50, Company 1083 HP,Amsterdam, Netherlands Refinitiv Italy Holding S.P.A.* Piazza Armando Holding 100% 100% Diaz, 2, Company 20123,Milano,Italy Refinitiv Portugal Unipessoal Lda* Avenida da Trading 100% 100% Liberdade,n 192, 2, Company Coracao de Jesus, 1250 141 Lisboa, Portugal Refinitiv Hong Kong Limited* Incorpoarted in Trading 100% 100% Cook Company Islands,16/F,14 Taikoo Wan Road,Taikoo Shing,Hong Kong, Cook Islands

Page 25 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv Canada Holdings Limited* Bay Adelaide Trading 100% 100% Centre, 333 Bay Company Street, Suite 400, Toronto ON M5H 2R2, Canada Refinitiv Poland Spolka "z.o.o."* Aleja Jana Pawla II Trading 100% 100% 23, 00-854, Warsaw, Company Poland Refinitiv SA* 153 Route de Trading 100% 100% Thonon,1245 Company Collonge-Bellerive,Geneva, Switzerland Refinitiv Korea Limited* 9F S Tower, 82 Trading 100% 100% Saemunanro, Company Jongnogu, 03185, Republic of Korea Refinitiv Italy S.P.A. Piazza Armando Trading 100% 100% Diaz, 2, Company 20123,Milano,Italy Refinitiv Germany Holdings GmbH* Friedrich-Ebert-AnlageHolding 100% 100% 49,60327 Frankfurt Company am Main, Germany Refinitiv, S.L. * Paseo de la, Trading 100% 100% Castellana 95, Company 7a,Edificio Torre, Europa, 28046, Madrid, Spain Refinitiv Middle East FZ-LLC Unit 32, Level 3, Trading 100% 100% Gate Village, Company Building 4, Dubai International Financial Centre, PO Box 1426, United Arab Emirates

Page 26 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Lipper Asia Limited Incorporated in Trading 100% 100% Cook Company Islands,16/F,14 Taikoo Wan Road,Taikoo Shing,Hong Kong Reuters Asia Pacific Limited Ocorian Corporate Dormant 100% 100% Administrators Company Limited,6th Floor Tower A,Cyber City,Ebene,72201,Mauritius Refinitiv International Holdings SARL 153 Route de Holding 100% 100% Thonon, 1245 Company Collonge-Bellerive, Geneva, Switzerland Refinitiv Netherlands B.V. Antonio Holding 100% 100% Vivaldistraat 50, Company 1083 HP, Amsterdam, Netherlands Reuters Bulgaria Eood (Voluntary in 2a,Saborna Street, In 100% 100% liquidation) Floor 4,Sredets Liquidation District,Sofia,1000,Bulgaria Refinitiv Japan K.K. 30/F Akasaka Biz Trading 100% 100% Tower, 5-3-1 Company Akasaka Minato-ku, Tokyo, 107-6330, Japan IAG US LLC 3 Times Square, Holding 100% 100% New York NY Company 10036, United States PT Refinitiv Services Indonesia Sampoerna Strategic Trading 95% 100% Square, South Company Tower, 29th Floor, Jl. Jend Sudirman, Kav. 45-46, Jakarta, 12930, Indonesia

Page 27 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv Enformasyon Limited Sirketi Is Kauleleri, Kule 2, Trading 99.85% 100% Kat 1-2, 4. Levent, Company Istanbul, 34330, Turkey Refinitiv Australia Pty Limited Level 10, 60 Trading 100% 100% Margaret Street, Company Sydney NSW 2000, Australia Refinitiv Austria GmbH The ICON Vienna, Trading 100% 100% Wiedner Gürtel 13, Company A/12. OG/1123, 1100, Vienna,Austria Refinitiv New Zealand Limited C/o The Business Trading 100% 100% Advisory Group Company Limited, Level 13, 34 Shortland Street, Auckland, 1010, New Zealand Refinitiv Hellas S.A. 8 Othonos street, Trading 100% 100% Athens, 105 57, Company Greece Refinitiv Hungary Kft Alkotás utca 53. A Trading 100% 100% torony, 6. emelet, Comapny Budapest, 1123, Hungary Refinitiv Costa Rica Sociedad De Ultrapark II, Trading 100% 100% Responsabilidad Limitada Building 5, Floor 3, Company Heredia, Costa Rica Refinitiv Finland OY AB Spaces, Postitalo, Trading 100% 100% Mannerheiminaukio, Company 1A, Helsinki, 00100, Finland

Page 28 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv Brasil Servicos Economicos Avenida Doutour Trading 100% 100% Limitada. Cardoso de Melo, Company 1855 - 4 e 12 andares, Conj 41 e 122, Vila Olimpia, Sao Paulo - SP, CEP 04548-005, Brazil Refinitiv Romania S.R.L Regus Charles de, Trading 100% 100% Gaulle, 15th Company Charles,de Gaulle, 3rd Floor, 1st District,Bucharest, 011857, Romania Refinitiv Europe Middle East & Africa Level 5 Mill Court Holding 100% 100% (Central Region) Limited Lane, Charroterie Company Street, Peter Port, GY1 1EJ, Guernsey Refinitiv Malaysia Sdn. Bhd. Level 32 (Suite C), Trading 100% 100% Menara Maxis , Company Kuala Lumpur City Centre , 50088 Kuala Lumpur, Malaysia Refinitiv Technology (China) Limited 2/F, Arca Building, Trading 100% 100% ZhongGuanCun Company Software Park, 8 DongBeiWang West Road, Haidian District, Beijing, 100193, China Data Development Services Limited Cook Islands Trust Dormant 100% 100% Corporation Limited, First Floor, BCI House, P.O. Box 141, Avarua, Rarotonga, Cook Islands

Page 29 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Guangzhou Data Development Services No. 1005 of Unit 51, Trading 100% 100% Limited 10th Floor, Little Company Middle Road,No. 8,Tian He District,Guangzhou, China Refinitiv Asia Pte Limited 18 Science Park Trading 100% 100% Drive, 118229, Company Singapore Refinitiv Information Services (China) Co Room 1806-1809, Trading 100% 100% Limited 1811, 18F, Office Company Tower E1 of Oriental Plaza, No. 1, East Chang An Avenue, Dong Cheng District, Beijing, 100738, China Lipper Australia Pty Limited Level 10,60 Trading 100% 100% Margaret Street, Company Sydney NSW 2000, Australia EnergyBankLink Limited Level 10, 60 Dormant 100% 100% Margaret Street, Company Sydney NSW 2000, Australia Refinitiv Global Private Limited (formerly Level 3, Tower II, Dormant 100% 100% called Pangea 3 Global Services Private Phase II, Raiskaran Company Limited) Tech Park, Andheri Kurla Road, Saki Naka, Andheri (East), Mumbai, 400072 , India

Page 30 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv India Private Limited One Indiabulls Trading 100% 100% Centre, 12th Floor, Company Tower 1, 841 Senapati Bapat Marg , Mumbai, Maharashtra, 400013, India Refinitiv India Shared Services Private Limited One Indiabulls Trading 100% 100% Centre, 12th Floor, Company Tower 1, 841 Senapati Bapat Marg, Mumbai , Maharashtra, 400013, India Refinitiv India Transaction Services Private One Indiabulls Trading 100% 100% Limited Centre, 12th Floor, Company Tower 1, 841 Senapati Bapat Marg, Mumbai , Maharashtra, 400013, India RME Bahrain Limited SPC 10th Floor , Bahrain Trading 100% 100% Financial , Harbour, Company West Tower, Manama , Bahrain Zawya Limited 190 Elgin Avenue, Dormant 100% 100% George Town, KY1-9007, Cayman Islands Refinitiv Cyprus Limited Neas 'Egkomis, 33, Trading 100% 100% 1st floor, Flat/Office, Company 208, 'Egkomi, Nicosia, 2409, Cyprus Refinitiv RUS LLC 5 Petrovka Street, Dormant 100% 100% Berlin Haus Company Business Centre, 107031, Moscow, Russian Federation

Page 31 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

8 Investments in subsidiaries, joint ventures and associates (continued) Country of Incorporation and principal place of Principal Proportion of voting rights Name of subsidiary business Activity and shares held Refinitiv Saudia for Information and Al Thalatten Trading 100% 100% Communication Technology Commercial Centre, Company 2nd Floor, Olaya Thalateen, Corner Dhabab Street, PoBox 62422, Riyadh 11585, Saudi Arabia Zawya Internet Content Provider LLC PO Box 41640, Dormant 49% 0% Green Tower, Company District Deira, Dubai, UAE

* indicates direct investment of the company.

9 Debtors: amounts falling due within one year 31 December 31 December 2019 2018 $ 000 $ 000 Amounts owed by fellow group undertakings 375,910 525,345 Other receivables - 541 375,910 525,886

Amounts owed by fellow undertakings relates to intercompany loan balances which are unsecured, non interest bearing and repayable on demand.

Page 32 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

10 Creditors 31 December 31 December 2019 2018 $ 000 $ 000 Due within one year Amounts due to parent entity 602,494 714,951 Amount due to fellow group undertakings 3,634 3,376 606,128 718,327 31 December 31 December 2019 2018 $ 000 $ 000 Due after more than one year Amount due to fellow group undertakings 441,853 445,381 441,853 445,381

Amounts owed to parent entity and fellow group undertakings relates to an intercompany loan balance which is unsecured, interest bearing and repayable on demand except for the loan note which is payable in 2026. The loan notes are listed on "The International Stock Exchange" and are due on 1 October 2025, 15 May 2026 and 15 November 2026. The holder of these loan notes is Financial & Risk US Holdings, Inc. a related party of the Company.

11 Share capital

Allotted, called up and fully paid shares 31 December 2019 31 December 2018 No. $ No. $

Ordinary shares of $1.27 each (£1.00 each) 5,010 6,362.70 5,010 6,362.70

12 Reserves 31 December 31 December 2019 2018 $ 000 $ 000 Share premium 400,324 400,324

Page 33 DocuSign Envelope ID: C55DD547-5328-4440-A434-75A9619A5F9F

Refinitiv UK (Rest of World) Holdings Limited

Notes to the Financial Statements Year Ended 31 December 2019 (continued)

13 Parent and ultimate parent undertaking The Company's immediate parent company is Refinitiv UK Parent Limited. Within the meaning of the Companies Act 2006 (''CA2006''), The Blackstone Group Inc., is regarded by the directors of the Company as being the Company's ultimate parent Company and controlling party. Within the meaning of CA2006, Refinitiv Holdings Limited is the parent undertaking of the only group of undertakings for which group accounts were drawn up and of which the Company was a member for the period ended 31 December 2019. The Blackstone Group Inc., is incorporated in Delaware, USA. Refinitiv Holdings Limited is incorporated under the laws of the Cayman Islands. The address of the ultimate parent is 345 Park Avenue, New York, NY 10154, United States of America.

Copies of Refinitiv Holdings Limited financial statements have been appended with Refinitiv UK (Rest of World) Holdings Limited while filing with Companies house.

14 Post balance sheet event

The Company has concluded that Covid-19, of which the principal risks and uncertainties are discussed in the Strategic Report, is a non-adjusting event which does not require any adjustment to the financial statements for the year ended 31 December 2019. However, it could have an impact on the Company’s future operations and, therefore, future results and cash flows. Given the complexity and rapid escalation of events, it is not currently practicable to make a reliable quantified estimate of their potential impact on the Company. Should there be an impact, it would be recorded prospectively in the 2020 financial statements.

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