Slide 1: Flow Traders Q4 2020 & FY20 Results
Tih FLOW ® TRADERS AMSTERDAM ® CLUJ = HONG KONG ® LONDON ® MILAN = NEWYORK ® 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’, Itis not a recommendation to engage in investment activities and you must not rely on the content of this document when making any inves
Slide 3: Q420 & FY20 results snapshot
Q420 & FY20 results snapshot Strongest ever 04 with higher activity levels driven by strategic reallocations by investors - tops off a record year by all metrics ETP Value Traded (€bn) NTI (€m) Highlights MM FlowTraders. | 7777 TTT Ionosnnasssssas HM Market = Market ETP Value Traded increased by 0.4
Slide 4: Increased market activity in Q420 in EMEA, APAC, US flat
Increased market activity in Q420 in EMEA APAC, US flat ETP Value Traded (€bn) * 5,974 6,065 5,005 5317 5.053 5,464 5005, 250) CREE SES PRES EO ee Ee ee ES eS SEER SS SSR ER SSS ee oes 8 SQegeRg ese Rageggeeeaggsgsg ETP AuM (€bn) ** Ml Equity I Fixed Income Commodities lm other 3962 9237 4193 3,604
Slide 5: Q420 & FY20 regional performance overview
Q420 & FY20 regional performance overview Market ETP Value Traded (€bn) ~— Flow ETP Value Traded (€bn) NTI (€m) Highlights = Reinforced position as the leading liquidity provider in ETPs, both on- and off- exchange, by gaining market share in EMEA year-on-year. Hold top position off-exchange in Equi
Slide 6: Fixed operating expenses and FTEs
Fixed operating expenses (€m) * FTEs Hl Employee expenses (fixed) Technology expenses Ill Other expenses Wi Trading Mi Technology [Mj Other G8%) 7 554 503 502, 149 73 196 fmm 205 157 154 Q320 Q420 FY19 FY20 u 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20 = Main drivers of Y-o-Y and Q-o-Q increas
Slide 7: Variable remuneration update
iable remuneration update Updated remuneration policy for all staff to further align with current and future regulatory requirements as well as to create additional alignment of employees with other stakeholders - variable remuneration pool remains at 35% of operating profit New variable remuneratio
Slide 8: Capital position strong and conservative
Cap po: and conservative Regulatory Own Funds Requirement (OFR) (€m) Prime broker solvency ratio 534 1,400 456 457 438 1200 234 2.54 os 273 1,000 - 278 294 287 255 goo) 165 " 146 133 600 i 400 736 148 154 201 200 = | 31-Dec-18 «30-Jun-19. -31-Dec-19.-31-Mar-20--30-Jun-20 30-Sep-20 31-Dec-20 OT SrDee
Slide 9: Medium-term growth strategy
Medium-term grow S ar 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 / commoditi
Slide 10: Strategic progress and 2021 focus items
strategic progress and 2021 focus items Priorities 2020 achievements 2021 focus 1) Enlarge the global ETP footprint Enhanced coverage of fixed income Enhanced coverage of currencies / commodities / crypto v v QALLKK XM Total number of ETP counterparties grew to c. 1,600 and connected to >180 venues
Slide 11: Q&A
Q&A Flow Traders | Q420 &FY20 Results a
Slide 12: Thank you!
Thank you! FLOW TRADERS AMSTERDAM = CLUJ ® HONG KONG ® LONDON ® MILAN = NEW YORK = SINGAPORE
Slide 13: Flow Traders | Q420 & FY20 Results 13
Flow Traders | Q420 & FY20 Results 13
Slide 14: Unrecognised variable expenses schedule
Unrecognised variable expenses schedule New share plan has a different accounting treatment to the FCIP which creates a new unrecognised variable expenses schedule Off balance liability 2023 -25% 10% 202120222023 } 2023 -25% FCIP 2017 0.5 05 FCIP 2018 17 Ww FCIP 2019 0.3 0.3 03 2020 variable remuner
Slide 15: Summary income statement (unaudited)
Summary income statement (unaudited) € millions Q420 Q320 FY20 FY19 Net Trading Income 130.3 78.3 933.4 216.4 Employee expenses* 20.4 25.4 274.4 813 Technology expenses 12.0 113 46.2 39.7 Other expenses 4.0 3.2 147 15.0 One-off expenses 3.4 6.5 11.4 15 Total Operating Expenses 39.8 46.5 346.8 137.5
Slide 16: Monthly market value traded data 2020
2020 Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan On & Off Exchange* Value Traded - Global (€bn) 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) 155 193 141 136 107 147 176 141 163 331 199 149 On & Off Exchange Value Traded - Am