Cboe Global Markets, Inc. · CBOE:CBOE
Cboe Global Markets — Shareholder Meeting (May 2020)
17 slides from Cboe Global Markets's shareholder meeting presentation, May 12, 2020
Slide 1: Welcome: 2020 Annual Meeting of Stockholders
Welcome 2020 Annual Meeting of Stockholders May 12, 2020 1
Slide 2: Edward Tilly, Chairman, President and CEO
Edward Tilly Chairman, President and CEO 2
Slide 3: Meeting Agenda
Meeting Agenda Introduction of Board of Directors and Senior Executives Vote on Proposals Business Review and Update Questions & Answers Report Preliminary Voting Results 3
Slide 4: 2020 Annual Meeting of Stockholders
2020 Annual Meeting of Stockholders 4
Slide 5: Cautionary Statements Regarding Forward-Looking Information
Cautionary Statements Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words su
Slide 6: 2019 Reflects Difficult Comparisons Against Record Results in 2018; Record Results in 1Q20
2019 Reflects Difficult Comparisons Against Record Results in 2018; Record Results in 1Q20 Lower volatility dampened trading, particularly in our index products, which had exceptionally strong trading in 2018 Completed technology migration Expanded our offering of unique trading and educational reso
Slide 7: Spread of COVID-19 Fueled Market Uncertainty and Business Changes
Spread of COVID-19 Fueled Market Uncertainty and Business Changes First priority was to mitigate risk of exposure to our associates and trading floor community Began transitioning to work from home ahead of government mandates March 16th temporarily closed trading floor and transitioned C1 to all-el
Slide 8: First Quarter 2020 Marked by Record Levels of Market Volatility
First Quarter 2020 Marked by Record Levels of Market Volatility Cboe’s proprietary products utilized to navigate market turbulence S&P Max VIX 1Q20 reported YOY increases of: Date Event % Chg Days Index Close Greek Default • 43% in index options Mid 2012 Concerns -9.9% 60 26.66 Mid 2013 Cyprus Bailo
Slide 9: Committed to Long-Term Value Creation for Shareholders
Committed to Long-Term Value Creation for Shareholders Strong cash flow from operations allowed Cboe to invest in future growth while returning about $307 million to shareholders: • Returned $150 million in dividends • Returned $157 million in share repurchases Raised quarterly dividend in 2019 to $
Slide 10: Executing on Our Initiatives for 2020
Executing on Our Initiatives for 2020 Our goal is to define markets by being the global leader in innovative tradable products and services Strengthen our proprietary products and services Pursue leverageable derivatives methodologies Engage customers via information solutions Focus on technology le
Slide 11: Pending Acquisition of EuroCCP Expected to Expand Cboe's Global Reach
Pending Acquisition of EuroCCP1 Expected to Expand Cboe’s Global Reach and Diversify Revenue Stream See opportunity in European derivatives market to grow addressable market and win market share Look to provide an alternative market model, enhancing the overall trading eco- system*: • Introduce effi
Slide 12: Delivering Products and Solutions Tailored to New Environment
Delivering Products and Solutions Tailored to New Environment Look to increase awareness around the benefits of allocating to Cboe products Actively redefining how we approach investor education • Virtual forums • Webinars 12
Slide 13: Supporting Market Participants Through Innovative Offerings
Supporting Market Participants Through Innovative Offerings Strong momentum in response to retail U.S. Equities Retail Priority priority to date Monthly ADV (in millions) Launched Cboe Market Close on March 6 48.6 Gaining traction in Cboe Closing Cross (3C), 23.2 our post-close trading service in Eu
Slide 14: Laying the Foundation for Future Growth
Laying the Foundation for Future Growth Focused on Leveraging Organic Growth Unified Trading Platform Expanding DEFINING Closed Two Product and MARKETS Pivotal Service Acquisitions Offerings Embarking on Global Marketing and Education Effort 14
Slide 15: Questions & Answers
Cboe’ Global Markets 15
Slide 16: 2020 Annual Meeting of Stockholders
2020 Annual Meeting of Stockholders 16
Slide 17: Cboe Global Markets, 400 South LaSalle Street, Chicago
Cboe Global Markets 400 South LaSalle Street Chicago, IL 60605 www.cboe.com 17