Financial Performance Summary Q1 2023

Adjusted Operating Income, Operating Margin & Operating Expense Reconciliation in millions Exchanges Segment Fixed Income and Data Services Segment Mortgage Technology Segment Three Months Ended March 31, Three Months Ended March 31, Three Months Ended March 31, Consolidated Three Months Ended March 31, 2023 2022 2023 2022 2023 2022 2023 2022 Total revenues, less transaction-based expenses $1,097 $1,083 $563 $509 $236 $307 $1,896 $1,899 Operating expenses 332 299 343 354 252 254 927 907 Less: Amortization of acquisition-related intangibles 16 16 42 49 92 88 150 153 Less: Transaction and integration costs 12 8 21 8 Less: Other 16 16 Adjusted operating expenses $288 $283 $301 $305 $151 $158 $740 $746 Operating income/(loss) $765 $784 $220 $155 $(16) $53 $969 $992 Adjusted operating income $809 $800 $262 $204 $85 $149 $1,156 $1,153 Operating margin 70% 72% 39% 30% (7)% 17% 51% 52% Adjusted operating margin 74% 74% 47% 40% 36% 49% 61% 61% 21 24 Ice

View entire presentation