Euroclear: A sturdy effectiveness in an fantastic calendar year for money marketplaces | Enterprise

Functioning income flat in comparison to FY 2019 at EUR 1430 million as potent enterprise revenue expansion offset the influence of decrease fascination rates o Company Cash flow rose 12% to EUR 1280 million as continued support for clients all over Covid-19 mixed with shipping of strategic initiatives and additional enterprise gains o Interest, Banking and Other Earnings down by 48% to EUR 150 million due to a lessen desire charge environmentOperating prices greater by 5% to EUR 862 million as investments ongoing in client proposition, know-how updates and regulatory- pushed initiatives, despite excellent Covid-19 circumstancesBusiness Cash flow Working Margin, which excludes the result of fascination income, rose 4.3 proportion points to 32.7%, demonstrating organization system progressEBITDA margin of 46.6% was down 2.8 percentage factors as opposed to 2019, impacted by decrease interest incomeNet earnings was flat at EUR 432 million, resulting in earnings for every share of EUR 137.2, in line with prior yearBalance sheet and liquidity situation remained potent by means of the year

Dividend anticipated to be managed at prior year level

Beforehand declared 2019 dividend of EUR 82.4 per share to be paid out as an interim dividend all through 1st quarter 2021Board indicators its intention to sustain the 2020 dividend at prior 12 months stage, to be paid as an interim dividend in next 50 % 2021

Critical working metrics keep on being balanced

Resilient infrastructure enabled shoppers to transact in history volumes o Processed 276 million netted transactions, up 15%, equivalent to EUR 897 trillion (about 12x Global Economic Merchandise)Greater volumes of financial debt issuance and accomplishment of strategic initiatives drove history Property under Custody: o Price of securities held on behalf of customers at calendar year close increased 5% to EUR 32.8 trillion o Fund belongings beneath custody rose 8% to €2.6 trillion as Euroclear’s FundsPlace offering from asset professionals and ETF issuerscontinues to develop, reflecting sector progress and need for worldwide distribution product o Benefits of Euroclearability desirable to equally intercontinental trader and issuer communities. International Achieve property under custody rose 7% to EUR 1.3 trillionBenefiting from its diversified services presenting, Euroclear’s Collateral Highway mobilised an common of EUR 1.5 trillion by calendar year conclude, up 17% in contrast to 2019

Focused on Covid-19 organization continuity though progressing strategic plans

Properly sent assistance continuity inspite of Covid-19, although also progressing system to strengthen, improve and reshape our network

Resilience in outstanding problems o Business enterprise continuity options activated properly, with 95% of team performing from dwelling due to the fact March 2020 o Unwavering dedication of colleagues across the small business to ensure prospects ended up supportedStrengthening our community o Continued progress in the migration of Irish corporate securities from Euroclear United kingdom & Ireland to Euroclear Bank as Issuer CSD o All Euroclear Group entities gained their CSDR licenses with Euroclear Uk & Ireland securing its licence at the stop of Q4 o Ongoing financial investment in main infrastructure to assistance risk reduction and settlement performance o Even further growth of worldwide ETF design with addition of Etc and ETN securitiesGrowing our community o Attained potent momentum in Asia region with the launch of a new bond framework in the Chinese (Yulan bonds) and Japanese (Origami bonds) nearby markets o Continued rising industry partnerships including launch of a Euroclearable website link with Turkey and collaboration with UAE to create a domestic system for issuing and settling monetary expenditures o Continued progress in Collateral Management remedies across business traces like the signing of a MOU with TMX Team to build a new collateral management company for Canada’s money marketsReshaping our community o Investing in digital and facts providers that guidance article-trade effectiveness which includes the launch of Euroclear LiquidityDrive, featuring insights into the liquidity information and facts on all set income instruments settled in Euroclear o Developing and rolling out issuer solutions to guidance of SRDII- relevant opportunities o Creating our team ESG technique and checking out how to guidance clients’ inexperienced finance ambitions

Commenting on the success, Lieve Mostrey, Main Government Officer explained:

“Euroclear has sent a strong effectiveness in what was an unparalleled calendar year for world wide economical marketplaces. The resilience proven by our techniques and individuals, combined with ongoing strategic development, yielded steady money effects, in spite of some potent interest amount headwinds.

I am in particular happy of our teams for their impressive initiatives and determination. As we go into 2021, we will use this momentum to even further fulfill the evolving needs of the world money marketplace.”

Euroclear group is the financial industry’s dependable company of post trade expert services. Euroclear provides settlement, risk-free-trying to keep and servicing of domestic and cross- border securities for bonds, equities and derivatives to expense cash. Euroclear is a confirmed, resilient money marketplace infrastructure dedicated to delivering risk-mitigation, automation and performance at scale for its global shopper franchise.

The Euroclear team incorporates Euroclear Bank – which is rated AA+ by Fitch

Scores and AA by Standard & Poor’s – as perfectly as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear British isles & Eire. The Euroclear group settled the equivalent of EUR 897 trillion in securities transactions in 2020, representing 276 million domestic and cross-border transactions, and held EUR 32.8 trillion in assets for customers by finish 2020.

Source Euroclear Holding, Euroclear Investments, Euroclear SA/NV