Your trusted partner for post-trade financial services

September 2021 How we have been serving you Who are we?

Euroclear group is the financial industry’s trusted provider of post-trade services. 1972 1968 2000 Our expertise:

Morgan Guaranty launches Euroclear System sold to the Euroclear Bank created, taking • domestic and cross-border connectivity the Euroclear System. Euroclear Clearance System Public responsibility for all Euroclear- Limited Company which is owned related operating and banking • fast, efficient and low risk acceptance, issuance and by over 120 major financial activities. distribution of securities institutions. • ability to provide unrivalled market proximity to local users • focus on client and investor safety • position as the preferred provider for the 2005 2002 2001 markets Euroclear SA/NV created as a new NECIGEF, the Dutch CSD, joins as Euroclear Euroclear Bank merges with Sicovam, parent company, owning Euroclear Nederland. CRESTCo, the CSD for Irish the CSD of France, which is renamed Bank and the CSDs and the group’s equities and all UK securities, becomes part Euroclear France. securities-processing platforms. of the Euroclear group renamed Euroclear UK and International. trillion per annum of securities transactions 2006 2008 2009 X 12 global GDP CIK, the CSD for joins the Euroclear acquires the Nordic Central Euroclear Settlement of group as Euroclear Belgium. Securities Depository, which comprises Euronext-zone Securities (ESES) the CSDs of Finland and Sweden. is launched. € 35.2 2020 2016 2012 Despite exceptional Covid-19 circumstances, Euroclear’s ESES CSDs (Euroclear Launch of Euroclear’s Collateral Highway. Euroclear delivered a stable financial performance. Belgium, Euroclear France and Euroclear The first open global market Nederland) connect to the ECB’s infrastructure to source and mobilise The colleagues shown incredible resilience during TARGET2-Securities platform. collateral across borders. this unprecedented year.

2 3 Why What How 1 ICSD

C os choose us? definest us? we protect your assets & n p o r 6 CSDs i o We operatet within a highly Committed to cmarket stability, c e As a provider of Financial Market Infrastructure u s regulated framework, have robust economies of scales and developing d (FMI), we are connecting issuers and investors for Euroclear Bank, the leading e e risk managementr structures and markets locally andf globally, we fi securities markets. We offer transaction settlement, International Central Securities

our strongk capital position means support an open marketplacec . s i asset servicing and collateral management, as well as Depository (ICSD), is your gateway to i we are highly rated by global rating e R n a wide range of services for issuers. We service asset counterparties worldwide.

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agencies. Serve the public good by ensuring y

types including bonds, equities, funds and derivatives. the efficiency of markets and The Euroclear group’s national Central We invest in strengthening our actively enabling risk-reduction. We help global markets to process transactions Securities Depositories (CSDs) for resilience, enhancing our technology efficiently, enhance liquidity and reduce risk. Belgium, Finland, France, Encourage a high performing capabilities and providing new the Netherlands, Sweden and the culture that respects our corporate Euroclear Bank, the leading International Central products and services that increase serve local clients for value for our clients around the values through our diverse and Securities Depository (ICSD), is your gateway to G n local and cross-border transactions. l dedicated globalo work force. counterparties worldwide. globe. o ti b a al is co im ll pt ate o ral & liquidity

>2000 Your global financial trusted partner institutions

The Euroclear network consists of over 2000 financial institutions across the globe. This international and diverse customer base includes all leading investment banks, treasuries, global custodians, central banks and CCPs. Our open AA model enables us to work with a multitude of parties as we strive to strengthen, grow and Fitch / S&P reshape our network.

4 5 Expand your core network with us

Initiatives Settlement and safekeeping of securities T2S made easy We offer flexible access to all markets that will Issuance Euroclear settle through TARGET2-Securities (T2S). It is the European securities settlement engine which aims to offer centralised delivery-versus-payment (DvP) settlement in central bank funds across all Europe- an securities markets. Settlement Multiple asset classes We provide settlement services for transactions in Single CSD multiple asset classes. These include over-the-counter As a leading place for securities as well as certain stock exchange transactions, Our single CSD platform provides access to issuance, we give you access to a Exchange-Traded Funds (ETFs) free of payment or against payment in over 50 the ECB’s TARGET2-Securities (T2S) ecosystem. wide range of global investors. settlement currencies. Equities and equity-related instruments (warrants, rights, Euroclear FundsPlace certificates) Our FundSettle International service Partnership for International bonds (eurobonds) supports both the buy- growth and structured products and sell sides of fund distribution, providing Domestic bonds and automated order routing, money-market instruments settlement and asset servicing. Domestic and international investment funds Safekeeping and asset servicing € 3.1 Our asset servicing covers all steps in the life cycle of a , from the distribution of a new issue to timely settlement and accurate custody-related services. >11million >1,200

6 7 Grow your business with us

Collateral management Euroclearability

Euroclear’s Collateral Highway allows you to mobilise your A capital market becomes Euroclearable when collateral from where you keep it to where your counter- it establishes a clearing and settlement link parts take it, across borders, providers and time zones using with Euroclear, the international central secu- our neutral and global, open-architecture infrastructure for rities depository (ICSD), and adopts the legal, collateral management. regulatory and other market standards that allow Euroclear to provide the same ease of Potential GDP boost to real access and degree of asset protection expect- economies for 6 recently ed by international investors in any well-estab- lished market. Eurocleared countries over 10 years

(Source: white paper “Impact of Euroclearability” by PwC, 2019) €1.7 or The Collateral Highway platform gives you access to one of the largest global collateral pools so you can collateralise, optimise and mobilise your assets by:

• maximising your existing agent bank relationships • controlling assets in either the Euroclear or DTC systems + + • allowing your assets to remain with your custodian and still benefiting from our collateral management services in the annual increase in the annual +17% • using pre-defined baskets of securities in the triparty healthcare budget education budget repo market • accessing the low risk, centrally-cleared Eurosystem environment • automating collateral matching, selection, substitution and margin calls • providing mark-to-market collateral valuations and bespoke reporting

8 9 Reshape the way you work with us Group structure Euroclear Bank SA/NV Euroclear UK & International Euroclear Sweden AB Euroclear Holding SA/NV Euroclear SA/NV Euroclear Finland Oy Toolkit Initiatives Euroclear France EasyWay Data solutions Euroclear Belgium EasyWay is our web-based interface used to managed Euroclear Information Solutions (EIS) is our business line a client Settlement activity, Assets servicing activity, focused on leveraging data to support you. As a trusted Euroclear Nederland Collateral management and Cash activity. market infrastructure, we manage vast amounts of data which we can put to work to bring greater efficiency in It offers clients the ability to have a clear overview the functioning of capital markets. Our set of reference of their activity with accurate, real-time data at their data products covers new issues alerts, securities fingertips, allowing the user to make fast and effective master data and corporate action information. Recog- decisions. The purpose is to enable the user to work nising the liquidity issues faced in fixed income markets, more efficiently, perform tasks quicker and manage our LiquidityDrive build on our settlement activity and operational risks in real-time. inventory data to deliver new insights to market partici- pants - under the form of liquidity and price indicators. EasyWay has over 900 clients active on the platform.

InvestorInsightTM Lieve Mostrey Valérie Urbain Bernard Frenay Marc De Rycke & Michal Paprocki Paul Hurd Chief Executive Officer Chief Business Officer Chief Financial Officer Co-Chief Information Officers Chief Risk Officer InvestorInsight is a new, innovative solution that provides ad interim issuers with actionable insight about the structure of their shareholding and intermediaries. A simple, easy- to-use mechanism to fully comply with their new SRD II obligations.

MyEuroclear MyEuroclear is a website offering all service information, news and handy apps to help you with your day-to-day Taskize business with us. As a client, you and all your staff members can create your personal login on my.euroclear.com. Taskize is a secure and easy to use web-based platform designed for fast and efficient problem solving. Its online Peter Sneyers Michael Carty Guillaume Eliet Hanna Vainio Roger Storm chat function enables you to work directly with our Chief Executive Officer Chief Executive Officer Chief Executive Officer Chief Executive Officer Chief Executive Officer client service teams and your counterparties, regardless of location. Euroclear Euroclear Euroclear Belgium, Euroclear Euroclear Bank SA/NV UK & International Euroclear France and Finland Sweden Euroclear Nederland (ESES)

10 11 ESG Community Marketplace Our Environment, Social, Governance (ESG) mission is to conduct business in an ethical, responsible and sustainable way. As a Financial Markets Infrastructure (FMI), we are committed to the stability and smooth running of the financial markets. Given Euroclear’s systemically important position within the financial services industry, behaving responsibly and ethically towards clients, staff and society at large is a core part of the company’s identity.

Environment Workplace We work closely with our local and global We adhere to high ethical standards, encourage communities to ensure a more equitable future our supply chain to do the same and seek ways to promote sustainable finance whenever • 500 volunteers for our new corporate possible volunteering programme • Expanding Euroclearability for international investors • 25 local organisations supported in the scope ofCovid-19 • Resilience of systems and people 95% of staff working remotely overnight

• 99% of our staff completed training on fraud, We take our environmental commitments seriously Our people are critical to the success anti-bribery and sanctions and aim to reduce our impact on the environment of our company as much as possible • Euroclear Employee solidarity fund launched • Carbon emissions reduced by 48% based on • Online learning platform launched 2014 baseline

• Increase in overall engagement score • Business travel reduced by 89% as a result of Covid-19 from 6.6 to 7.4

12 13 Offices around the world Helsinki

We are a global partner to firms and markets across Tokyo the Americas, Asia, Europe, Central & Eastern Europe, Middle East & Africa. Beijing Amsterdam Stockholm Hong Kong New York Luxembourg

Singapore Paris

Brussels Dubai London Frankfurt

Krakow For more information

Please visit our website: www.euroclear.com worldwide Head office Follow us: @EuroclearGroup in Euroclear permanent employees

14 15 euroclear.com

© 2021 Euroclear SA/NV, 1 Boulevard du Roi Albert II, 1210 Brussels, Belgium – Tel: +32 (0)2 326 1211 – RPM Brussels number 0423 747 369. Euroclear is the marketing name for the Euroclear System, Euroclear Holding SA/NV, Euroclear SA/NV and their affiliates. All rights reserved. The information and materials contained in this document are protected by intellectual property or other proprietary rights. All information contained herein is provided for information purposes only and does not constitute any recommendation, offer or invitation to engage in any investment, financial or other activity. We exclude to the fullest extent permitted by law all conditions, guarantees, warranties and/or representations of any kind with regard to your use of any information contained in this document. You may not use, publish, transmit, or otherwise reproduce this document or any information contained herein in whole or in part unless we have given our prior written consent. Your use of any products or services described herein shall be subject to our acceptance in accordance with the eligibility criteria determined by us.

Euroclear is a carbon neutral company – PAS2060 certified MA4490 EU – September 2021