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= SGXGroup FY2026 Results Analyst and Media Briefing Loh Boon Chye , Chief Executive Officer Daniel Koh , Chief Financial Officer 6 August 2026 Singapore Exchange Commodities | Derivatives | Fixed Income | FX | Indices | Stock Exchange
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2 Forward Looking Statements This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Statements in this presentation that are not historical facts are statements of future expectations with respect to the financial conditions, results of operations and businesses, and related plans and objectives. These forward-looking statements are based on SGX’s current intentions, plans, expectations, assumptions and views about future events and are subject to risks, uncertainties and other factors, many of which are outside SGX’s control. Because actual results, performance or events could differ materially from SGX’s current intentions, plans, expectations, views and assumptions about the future, such forward-looking statements are not, and should not be construed as a representation as to future performance of SGX. Examples provided are for illustrative purposes only. It should be noted that the actual performance of SGX may vary significantly from such statements. This presentation is being made available to certain authorised recipients for their general information only. Please refer also to the disclaimers at the end of this presentation. © Singapore Exchange Limited
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Agenda 3 1 FY2026 – Financial Highlights and Performance 3 Question and Answer Session 2 Business Update
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FY2026 Financial Highlights and Performance Daniel Koh, Chief Financial Officer 4
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A standout year – achieving highest revenue and NPAT ▪ Expect broad-based growth across all operating segments in FY2027 – diversified multi-asset strategy to sustain growth amid macro uncertainties ▪ Active and disciplined capital management balancing growth and shareholder return: FY2027 expenses up 6 -8% and Capex of approximately $100M, investing in strategic priorities, platform modernisation and capability ▪ FY2026 one-off additional dividend of 12.5 cents per share 1 from capital recycling gains, on top of previously guided 4Q dividend of 11.5 cents per share1. FY2026 total dividend of 57.0 cents per share (+52%) ▪ Solid balance sheet supporting FY2027 debt repayment and future growth opportunities 5 Building on strength, delivering strong growth in net revenue (+14%) and Adjusted NPAT (+25%) Confidence in delivering medium-term growth ▪ Equities - Cash net revenue up 28% on strong market momentum and investor interest ▪ SGX FX net revenue up 12% on record ADV (US$190B), driven by client expansion and platform innovation ▪ Record revenue in currency and commodity derivatives; Equity derivatives revenue comparable to last year’s high base ▪ Expenses increased at the higher end of guidance. Continue to maintain operating leverage as the business scales 1 Subject to approval by shareholders at SGX’s AGM on 23 October 2026.
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Group Net Revenue & Expenses2 6 Group NPAT Group Margins (%) 1 NPAT refers to ‘Net profit attributable to equity holders of the Company’. 2 Net revenue refers to operating revenue less transaction-based expenses. Expenses are on an adjusted basis and exclude amortisation of intangible assets and other one-off adjustments. 3 Adjusted NPAT excludes certain non-cash and non-recurring items that have less bearing on SGX’s operating performance. Hence, they better reflect the Group’s underlying performance. 2 Adjusted figures are non-SFRS (I) measures. Please refer to Section 8 of our financial results for reconciliations between the adjusted and their equivalent measures. 3 Note: All figures in $ millions unless otherwise stated and may be subject to rounding FY2026 Highlights – All-time high revenue and NPAT1 1,298 543 1,478 573 Net Revenue Adj. Expenses FY2025 FY2026 13.9% 5.5% 648 610698 759 Reported Adjusted FY2025 FY2026 7.8% 24.6% 58.2 47.061.3 51.4 Adj. Op. Profit Margin Adj. NPAT Margin FY2025 FY2026 4.4% pts 3.1% pts
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FY2026 Net revenue up 13.9% to $1,478M 7 55 110 17 FY2025 Net Revenue Fixed Income, Currencies and Commodities Equities – Cash Equities – Derivatives Platform and Others FY2026 Net Revenue 1,298 1,478 Record volumes: ▪ Commodity derivatives +21% ▪ SGX FX ADV +33% to US$190B ▪ Currency derivatives +31% ▪ Equity derivatives volume +6% to 187M contracts▪ SDAV increased 35% to $1.81B ▪ Higher securities settlement revenue ▪ Higher market data and co-location sales ▪ Higher fees from 2H FY25 ▪ Strong growth in Equities – Cash, Currencies and Commodities building on prior year’s high base Note: All figures in $ millions unless otherwise stated and may be subject to rounding Comparable
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FY2026 Adjusted expenses up 5.5% 8 Note: All figures in $ millions unless otherwise stated and may be subject to rounding ▪ Investment in people and technology to support growth 12 15 7 19 FY2025 Adjusted Expenses Fixed Staff Costs Variable Staff Costs Technology Others FY2026 Adjusted Expenses Adjustments FY2026 Reported Expenses 543 573 591 ▪ Merit increment ▪ Increased headcount ▪ Amortisation of intangible assets ▪ Transformation- related costs ▪ Other one-off items ▪ In line with higher profitability ▪ Upgrades and system enhancements -4 Adjusted figures are non-SFRS (I) measures. Please refer to Section 8 of our financial results for reconciliations between the adjusted and their equivalent measures.
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Adjusted NPAT of $759M reflects core earnings 9 Note: All figures in $ millions unless otherwise stated and may be subject to rounding 1 Mainly related to the transaction where 7RIDGE Investments 3 LP (Fund) sold Trading Technologies in July 2025. SGX was one of the limited partners in the Fund. 2 Comprise (i) items in expenses adjustments, (ii) other impairment losses, and (iii) associated income tax adjustments. Adjusted figures are non-SFRS (I) measures. Please refer to Section 8 of our financial results for reconciliations between the adjusted and their equivalent measures. FY2026 Reported NPAT FV gains (net) Impairment Others2 FY2026 Adjusted NPAT 698 53 18 759 ▪ Minority investments1 ▪ Scientific Beta, divested on 8 July 2026 ▪ Amortisation of intangible assets ▪ Transformation- related costs ▪ Other one-off items -10
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Consistent approach to disciplined and active capital management 10 Strong and consistent execution Reinvesting for growth ▪ Growth track record ▪ Capital recycling ▪ Disciplined Opex spending ▪ Strategic Capex investment driving strategic priorities, platform modernisation and capability uplift ▪ Opportunistic approach to bolt-on M&As ▪ Fully committed to sustainable dividend growth ▪ One-off additional capital returns in 4Q FY2026 to reward shareholders from capital recycling gains Shareholder return
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Investing from a position of strength for sustainable growth ▪ FY2027 Capex of approximately $100M ▪ FY2027 expenses increase of 6-8%, mainly in technology and talent to drive growth initiatives 11 94 FY2026 ~100 FY2027 Guidance Product innovation and client initiatives ▪ SGX FX offerings, gold futures ▪ Cross-selling initiatives Platform modernisation ▪ Next-gen securities and derivatives trading systems ▪ Data centre upgrade by mid-2027 Enterprise capabilities uplift ▪ Scaling capacity for growth and innovation ▪ AI tools and workflow to drive productivity Capex ($M)
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Rewarding shareholders with additional dividend in FY2026 ▪ Fully committed to a sustainable and growing dividend – confident to deliver the planned quarterly dividend increases of 0.25 cents through FY2028 ▪ The Board proposed a one-off additional dividend of 12.5 cents per share for FY2026 from capital recycling gains ▪ FY2026 total dividend at 57 cents per share (+52% YoY) 12 37.50 44.50 12.50 FY2025 FY2026 Additional Dividend37.50 57.00 +52% 9.00 10.75 11.75 12.75 9.00 11.00 12.00 13.009.00 11.25 12.25 13.2510.50 11.50 12.50 13.50 12.50 FY2025 FY2026 FY2027 FY2028 4Q 3Q 2Q 1Q 37.50 57.00 48.50 52.50 +12% CAGR Dividend per share (cents) Total 4Q1 24.00¢ 1 FY2026 one-off additional dividend and 4Q dividend are subject to approval by shareholders at SGX’s AGM on 23 October 2026.
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Business Update Loh Boon Chye, Chief Executive Officer 13
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SGX Group is uniquely positioned for opportunities amid structural shifts 14 Heightened Uncertainties amid Geopolitical Shifts Address investors’ rising risk management needs across our multi-asset platform Connect issuers and investors to Asia’s growth opportunities Capital Rotation to Thematic, High-conviction Asian Assets Deepen client partnerships with seamless multi-asset access Accelerate innovation through focused investments Rising Client Needs and Expectations Innovation and Disruption Evolving market dynamics SGX Group
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Crypto Perpetual Futures Equity Derivatives market leadership with deep liquidity Strong momentum in Listed FX and Rates Fast-growing T+1 volumes Multi-asset and deep liquidity reinforcing market leadership1 Broadening and deepening derivatives franchise 1 Graphs shown represent DDAV in thousands. Elevating Sales and Client Engagement Advancing Product Innovation OTC Gold clearing system and deliverable gold futures Global index partnerships Asian Government Bond Futures Commodities volumes remain robust 18% FY23 18% FY24 21% FY25 22% FY26 T T+1 1,019 1,103 1,294 1,479 152 206 317 404 FY23 FY24 FY25 FY26 160 240 253 305 FY23 FY24 FY25 FY26 +24% CAGR 707 657 723 770 FY23 FY24 FY25 FY26 +3% CAGR+22% CAGR +38% CAGR 15
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Robust growth momentum Scaling SGX FX 76 111 143 190 FY2023 FY2024 FY2025 FY2026 +36% CAGR SGX FX ADV (US$B) Leverage synergies with listed FX franchise Expand offerings in new EM currencies, Options, and data/API services Expand client coverage (Middle East, South Korea, and Brazil) Strengthening client-centric offerings 16
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▪ Active engagement with small and mid caps ▪ Increased GEMS research coverage ▪ Enhanced disclosures e.g. dividend policy, remuneration and forward guidance ▪ 21 new listings in FY26 raising over S$4B ▪ Pipeline consists of diversified sectors including Digital infrastructure, Healthcare, Consumer, etc. ▪ Active institutional and EQDP fund managers participation in IPOs Accelerating Stock Exchange momentum for sustained liquidity Improve Market Participation ▪ SDAV of S$1.8B (+35% YoY), highest in 18 years ▪ Increasing retail participation ▪ Retail outreach in partnership with brokers and remisiers Expand Product & Access ▪ Record trading activity in ETFs (>2x) and SDRs (>5x) ▪ Enhancing international connectivity - Global Listing Board, cross-listing ETFs with a streamlined process, and US SDRs ▪ Board lot size reduction in October Enhance IPO Attractiveness Unlock Value and Capability Whole-of- ecosystem approach 17
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26% 33% 24% 17% FY2026 Revenue1 $1,559M Leveraging our multi-asset strength to accelerate growth 18 Operating revenue breakdown1 by operating segments FY2016 Revenue1 $818M FICC2 Equities - cash Platform & others 1 FY2016 revenue breakdown is unaudited, as segment information was updated in FY2024. FY2016 and FY2026 revenue breakdowns are presented on an operating revenue basis for like-for-like comparison. 2 Fixed Income, Currencies and Commodities. Equities - derivatives SDAV: $1.1B DDAV:744K lots SDAV: $1.8B DDAV: 1,479K lots Capture next phase of growth: ▪ Accelerate product innovation ▪ Elevate client focus with a cross-asset platform ▪ Deepen liquidity and sustain a high-quality stock market ecosystem ▪ Enhance enterprise capabilities
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Q&A Session Loh Boon Chye, Chief Executive Officer Michael Syn, President Daniel Koh, Chief Financial Officer Ng Yao Loong, Head of Global Financial Markets Pol De Win, Head of Global Sales & Origination Tan Boon Gin, Chief Executive Officer of SGX RegCo 19
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