Slide 1: Flow Traders Q221 & H121 Results
FLOW ®W®TRAODERS AMSTERDAM = CLU) ® HONG KONG = LONDON = MILAN = NEWYORK ® PARIS = SINGAPORE
Slide 2: Disclaimer
Disclaimer This presentation is prepared by Flow Traders N.V. and is for information purposes only and the material contained in this document is provided ‘as is’. is not a recommendation to engage in investment activities and you must not rely on the content of this document when making any investm
Slide 3: Q221 & H121 snapshot
Q221 & H121 snapshot More normalised market environment in Q2 ETP Value Traded (€bn) NTI (€m) Highlights. Hl Flow Traders EM Market = Market ETP Value Traded decreased 14% quarter-on-quarter and decreased 14% 20143 H121 vs H120 i 724.8 : 17,316 ! | = FlowTraders ETP Value Traded decreased 15% quarte
Slide 4: Market activity more subdued in Q221
In d market activity in more subdued in Q221 ETP Value Traded (€bn) * 10,948 GENERAL MARKET DEVELOPMENTS Is,002 * Flows dominated by the shift towards ESG investing 7.374 7,403) * Central Bank interventions still evident * Reduction in implied volatility (VIX) in Q2 ane are 0316 ase un av ar asi ans
Slide 5: Q221 & H121 regional performance overview
Q221 & H121 regional performance overview Market ETP Value Traded (€bn) Flow ETP Value Traded (€bn) NTI (€m) Q2 Highlights 44 143 Qi21 Q221 39 H120 H121 56 18 — qt 221 | HO -HI21 1 65 ' H ' \ H H a” 4 ' f ' H i H H ' i H qt 221. tL HO. HIT = Maintained position in Q2 as the leading liquidity provide
Slide 6: Continued strong cost discipline
Continued strong cost discipline Fixed operating expenses (€m)* EBITDA margin (%) FTEs Hl Employee expenses (fixed) I Technology expenses Ill Other expenses Hil Trading Ml Technology lj Other 554 566 513 502 179 183 221 231 154 152 21 31-Dec-19. 30-Jun-20 31-Dec-20 31-Mar-21 30-Jun-21 Main drivers o
Slide 7: Conservative capital position
Conservative capital positio Regulatory Own Funds Requirement (OFR) (€m) Prime broker solvency ratio 534 1,400 456 438 416 449 . 254 273 287 255 220 190 gi 0 ~ : - 31-Dec-19 31-Mar-20 30-Jun-20. 30-Sep-20 31-Dec-20. 31-Mar-21 30-Jun-21 BrDec19 3+ Mar-20— 30-Jun-20 30-Sep-20 3-Dec-200 3+ Mar-21 30-Ju
Slide 8: Medium-term growth strategy
Mediu term grow US area Consistent focus - enhanced coverage of fixed income, currency, commodity and crypto products alongside enlarging the global ETP footprint to drive structural NTI growth Enlarge the global ETP footprint Enhance coverage of fixed income Enhance coverage of currencies / commodi
Slide 9: Strategic progress
21 strategic progress Priorities H121 achievements H221 focus C1) Enlarge the global ETP footprint Enhanced coverage of fixed income Enhanced coverage of currencies / commodities / crypto QAN Total number of ETP counterparties grew to c. 1,900 and connected to >180 venues Supporting major new issues
Slide 10: Thank you!
Thank you! F L 0] W T R A D) E R S AMSTERDAM ® CLUJ ®" HONG KONG ® LONDON ® MILAN ® NEW YORK ® PARIS ® SINGAPORE
Slide 11: Appendix
Flow Traders! Q221& H121 Results nN
Slide 12: Unrecognised variable expenses schedule
Unrecognised variable expenses schedule Share plan has a different accounting treatment to the previous FCIP which creates a unrecognised variable expenses schedule rge 1022 charge 2023 charge ff balance liability 2024 -25% 10% SCPaOW 202 FUP 2018 CIP 2019 2024 -25% 2020 variable remuneration 2021 v
Slide 13: Summary income statement (unaudited)
Summary income statement (unaudited) € millions Q221 Q121 H121 H2120 Net Trading Income 94.4 142.2 236.6 724.8 Employee expenses* 37.3 47.0 84.2 2287 Technology expenses 12.3 1.9 24.1 22.9 Other expenses 39 34 7A TA One-off expenses 0.6 07 13 15 Total Operating Expenses 54.1 63.0 17.1 260.5 EBITDA 4
Slide 14: Market value traded by month and region
2021 2020 Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan On & Off Exchange* Value Traded - Global (€bn) 2,669 2,693 2,641 3,969 2,606 2,739 2,357 2,606 2,440 2,737 2,069 2,568 3,230 2,645 3,320 5,797 2,938 2,212 On & Off Exchange* Value Traded - EMEA (€bn) 161 156 153 217 18