Slide 1: 4Q and 2022 Summary
4Q 2022 Earnings Commentary Revenue Adjusted Expense* Adjusted Diluted EPS 4Q and 2022 Summary in millions • CME Group’s performance in 4Q capped off the best year in the $1,400 $2.00 company’s history with 2022 record annual average daily volume (ADV) of 23.3 million contracts, up 19% compared with
Slide 2: 4Q and 2022 Primary Highlights
4Q 2022 Earnings Commentary - Unaudited 4Q Primary Highlights CME Group’s highly diverse product set (ADV and open interest (OI) stated in contracts, except for cash markets) positions the company well for varying • 4Q22 ADV increased 6% to 21.8 million, and was the macroeconomic backdrops highest 4
Slide 3: Strong Equity Index performance and SOFR transition
4Q 2022 Earnings Commentary - Unaudited Strong Equity Index performance – Investments made over time to innovate/diversify the portfolio have made way for stronger performance in recent years despite lower volatility relative to historical peaks • 4Q22 Equity Index ADV of 7.5 million contracts Equit
Slide 4: FX ADV has come alive amid higher volatility
4Q 2022 Earnings Commentary - Unaudited With significant rally of the U.S. dollar throughout most of 2022, and varying pace of global central bank policies causing interest rate differentials, the global foreign exchange market is in a higher- volatility environment and CME Group FX ADV has come ali
Slide 5: Non-U.S. ADV was 5.6 million contracts in 4Q22 and a record 6.3 million in 2022
4Q 2022 Earnings Commentary - Unaudited Non-U.S. ADV was 5.6 million contracts in 4Q22 and a record 6.3 million in 2022 4Q22 non-U.S. ADV highlights: 3.2 Non-U.S. Quarterly ADV by Product Line ADV in millions • 8th consecutive quarter with ADV above 5 million contracts 2.4 • Asset Class ADV detail:
Slide 6: 4Q 2022 Product Detail - Financials and Commodities
4Q 2022 Earnings Commentary - Unaudited • Base Metals – CME Group’s success in transforming the global copper market in recent years has given us a great playbook to continue the momentum we’ve generated in Aluminum - the largest base metal market. We made continued progress in 4Q growing our physic
Slide 7: Financial Results
4Q 2022 Earnings Commentary - Unaudited Financial Results Dividends Declared* $ in millions $2,800 • 4Q22 revenue was $1.2 billion. 4Q22 clearing and transaction fees revenue totaled $981 million including Annual Variable approximately $73 million of transaction revenue Dividend generated from cash
Slide 8: Appendix: Micro Product Quarterly Details
4Q 2022 Earnings Commentary - Unaudited Financial Results Appendix Micro Product Quarterly Details ADV in thousands / RPC in cents except for Micro Crypto Micro Equity Index Products (including Micro Crypto) 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 ADV 2,004 2,499 1,891 1,858 2,286 3,437 3,319 3
Slide 9: Use of Non-GAAP Measures and Forward-Looking Statements
4Q 2022 Earnings Commentary - Unaudited Use of Non-GAAP Measures A reconciliation of the non-GAAP financial results mentioned to the respective GAAP figures can be found within the Reconciliation of GAAP to non-GAAP Measures chart at the end of the financial statements and earnings presentation mate