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EURONEXT Contact Media Amsterdam Dublin +31 20 721 4133 +353 1 617 4249 Paris +33 1 70 48 24 45 Brussels Lisbon Oslo +32 2 620 15 50 +351 210 600 614 +47 22 34 19 15 PRESS RELEASE Contact Investor Relations +33 1 70 48 24 27 EURONEXT TODAY COMPLETES THE ACQUISITION OF THE BORSA ITALIANA GROUP AND PUBLISHES Q1 2021 RESULTS Euronext today completes the acquisition of the Borsa Italiana Group¹ for a final consideration of € 4,444 million² , following the satisfaction of all condition precedents Creation of the leading pan - European market infrastructure and the leading venue in Europe for listing and secondary markets for both debt and equity financing Addition of significant capabilities in fixed income trading and enhanced post - trade activities , including a multi - asset clearing house and a significant CSD Integration process has begun with governance structure established and integration plan being developed further CDP Equity and Intesa Sanpaolo now join the Euronext Reference Shareholders through the subscription to a private placement for € 579 million , with long - term commitment to support the Group's growth ambitions Group - level governance in line with Euronext's federal model , with one independent Italian Supervisory Board member , to become the next Chairman of the Supervisory Board , and one Supervisory Board member representing CDP Equity , as representative of the Reference Shareholders , to be proposed at the Annual General Meeting of Shareholders on 11 May 2021 Strong start to the year with Q1 2021 revenue at € 249.2 million up + 5.2 % ³ , despite lower volatility and volumes compared to an exceptional market environment in Q1 2020 , EBITDA at € 148.7 million , like - for - like EBITDA margin at 61.5 % and adjusted EPS4 at € 1.53 , up + 6.3 % Amsterdam , Brussels , Dublin , Lisbon , Milan , Oslo and Paris - · 29 April 2021 - Euronext , the leading pan- European market infrastructure , today completes the acquisition of the Borsa Italiana Group ( the " Transaction " ) for a final consideration of € 4,444 million . Euronext today also announces its results for the first quarter of 2021 , driven by strong organic growth in non - trading activities , recent acquisitions and continued cost discipline . % change ( like - for - like , constant currencies ) Key figures in € m , unless stated otherwise Revenue Operational expenses excluding D & A EBITDA EBITDA margin Net income , share of the Group EPS ( non - diluted , reported , in € ) EPS ( diluted , reported , in € ) EPS ( non - diluted , adjusted , in € ) Q1 2021 Q1 2020 % change 249.2 236.8 -100.4 -86.7 + 5.2 % + 15.8 % -3.7 % + 4.2 % 148.7 150.0 -0.9 % -8.0 % 59.7 % 63.4 % -3.7 pts -2.9 pts 98.2 96.1 + 2.2 % 1.41 1.38 + 2.3 % 1.40 1.37 + 2.4 % 1.53 1.44 + 6.3 % Stéphane Boujnah , Chief Executive Officer and Chairman of the Managing Board of Euronext said : " Today marks a new chapter in the history of Euronext and of European capital markets . With the completion of the acquisition of the Borsa Italiana Group , Euronext delivers on its ambition to build the leading pan - European market infrastructure , connecting local economies to global capital markets , for the benefits of all market participants across Euronext's markets . The significantly scaled - up Group is now positioned as the leading venue in Europe for listing and secondary markets for both debt and equity financing . In addition , Euronext increases its business diversification with new capabilities in fixed income trading and clearing , as well as consolidation of a significant CSD . This transaction strengthens Euronext's profile and enhances its strategic prospects for future growth . In Q1 2021 , Euronext posted + 5.2 % revenue growth , to € 249.2 million , thanks to a strong organic performance in non - trading activities and contribution from recent acquisitions . Even though Q1 2020 was an exceptional quarter in many respects , we continued to see during Q1 2021 the benefits of our diversification strategy as well as of the structural market dynamics of 2020. We recorded a 59.7 % EBITDA margin in Q1 2021. We achieved our targeted synergies in Oslo one year in advance , and continued our cost control policy . The Adjusted EPS was up 6.3 % to € 1.53 per share , with received dividends offsetting exceptional costs related to the Borsa Italiana Group acquisition . As of today , we will consolidate the Borsa Italiana Group results , which will mark a considerable change of scale and profile for the combined Group . We will announce our combined strategic plan in Q4 2021. " 1 London Stock Exchange Group Holdings Italia S.p.A 2Including additional amount reflecting the cash generated since 30 June 2020 3 Percentages compare Q1 2021 to Q1 2020 figures 4 As defined in appendix 1