LSE Investor Presentation Deck

EU Transition - LSEG well positioned LSEG is committed to orderly function of markets, continuity of service to customers and supporting financial stability. Global business, balanced portfolio Global clearing operations Diversified mix of revenues No discernible change in customer behaviour London Stock Exchange Group Global business, balanced portfolio of assets across listing, trading, index and clearing services in the UK, EU, United States and Asia Clearing houses operate globally across 59 jurisdictions with equivalence and enhanced cooperative regulation arrangements Revenues earned in a variety of currencies over 50% income non-GBP Committed to supporting customers as they prepare contingency plans, but no discernible change in customers' current behaviour across listing, trading, index and clearing businesses Additional licence and The withdrawal agreement provides for a transition period until 31 December 2020 during which the UK regulatory preparations will continue to apply EU law. As such, LCH Ltd remains an EMIR 'Authorised' UK CCP and continues to offer clearing for all products and services to all members and clients. in hand LCH Ltd also continues to engage in the application process under the revised supervisory framework for EU and third country CCPs ('EMIR 2.2') to ensure a smooth transition to being a recognised, non- EU, CCP. UnaVista, TRADEcho and Turquoise received regulatory authorisation in The Netherlands; Businesses prepared should a EU27 location be needed to serve EU customers in Hard Brexit scenario MTS has established two MTF markets in Italy to replace markets operated by EuroMTS from the UK London Stock Exchange Group Page 34

View entire presentation