Tradeweb Investor Presentation Deck

SIMPLE PHILOSOPHY Capital Management ● ● 1. 2. FUTURE CAPITAL ALLOCATION PHILOSOPHY Invest in Profitable Growth Balanced strategy of returning capital to shareholders (dividend + buyback) and investing in the business Strong balance sheet with $828 million of cash and cash equivalents, supported by strong free cash flow generation ● • $500 million revolver remains undrawn as of March 31, 2022 $150 million share repurchase program which we will use primarily to offset annual equity grants ¹ 3-5 YEAR TIME HORIZON 23 Return Capital to Shareholders DIVIDEND BUYBACK Opportunistic Acquisitions © 2022 Tradeweb Markets LLC. All rights reserved. EXPAND OR ENHANCE CAPABILITIES Free Cash Flow STRONG FREE CASH FLOW GROWTH & CONVERSION ($M)² 2016-2021 CAGR: +31% $600 $500 $400 $300 $200 $100 $0 2016 .... 2017 2018 Tradeweb 2019 2020 2021 ■FCF FCF Conversion on Adj Net Income $150M Share repurchase authorized in February 2021. $27.0 million of share repurchase authorization remains outstanding at end of 1Q22. Free Cash Flow ("FCF") is a non-GAAP financial measure. FCF Conversion is FCF divided by Adjusted Net Income for the applicable period. See "Appendix" for a reconciliation to its most comparable GAAP financial measure. 160% 140% 120% 100% 80% 60% 40% 20% 0% Free Cash Flow Conversion

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