Tradeweb Results Presentation Deck

13 Capital Management & FY Guidance ■ ■ ■ I 2022 FY Guidance (UNCHANGED)2,3 ($ in millions) $828.1 million in cash and cash equivalents (March 31st) Undrawn $500 million credit facility TTM FCF: $510.9 million¹ (+7.8% yr/yr) 1Q22 Capex & Cap software development: $18.0 million (+42.9% yr/yr) $47.3 million in share buybacks in Q1 (559k shares); $27.0 million of share repurchase authorization remains outstanding $95.8 million in shares withheld in Q1 to satisfy tax obligations related to equity compensation Board of Directors declared a quarterly dividend of $0.08 per Class A and Class B share payable in June 2022 Adjusted Expenses Acquisition & Refinitiv related D&A Assumed non-GAAP tax rate Capex & Cap software development Capital Management Key Highlights ©2022 Tradeweb Markets LLC. All rights reserved. $620-655M $127M 22.0% $62 - 68M Strong Free Cash Flow Growth and Conversion¹ ($ in millions) Free Cash Flow $600 $500 $400 $300 $200 $100 $0 Tradeweb 2016 2017 2018 2019 2020 2021 1Q22 (TTM) 160% 140% 120% - 100% - 80% 60% 40% - 20% 0% ■FCF FCF Conversion on Adj Net Income 1. Free Cash Flow ("FCF") is a non-GAAP financial measure. FCF Conversion is FCF divided by Adjusted Net Income for the applicable period. See "Appendix" for a reconciliation to its most comparable GAAP financial measure. 2. GAAP operating expenses and tax rate guidance are not provided due to the inherent difficulty in quantifying certain amounts due to a variety of factors including the unpredictability in the movement of foreign currency rates. 3. Expense guidance assumes an average 2021 Sterling/US$ and Euro/US$ foreign exchange rate or 1.38 and 1.18, respectively. Free Cash Flow Conversion

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