Cboe Results Presentation Deck

Cboe Focused on Growing Highest-Margin Proprietary Index Suite Index customers at Cboe typically use SPX and VIX options and futures interchangeably or in tandem, depending on market conditions ● Plan to further penetrate existing markets with an emphasis on education, targeting key market segments and geographies Product innovation and collaboration with strategic partners enhances growth prospects Quarterly ADV for Index Options and VIX Futures (in thousands) 1,973 228 409 1,213 4Q19 2,994 331 794 1,717 1Q20 1,773 143 366 1,159 2020 SPX Options Other Index Options ¹Through January 31, 2021 1,604 171 345 1,030 3Q20 1,753 158 472 1,056 4Q20 2,259 270 662 1,234 1Q21 TD¹ VIX Options VIX and Mini VIX Futures Annual ADV for Index Options and VIX Futures (in thousands) 1,825 205 573 939 2015 1,959 239 588 1,024 2016 2,271 294 722 1,164 2017 SPX Options ■ Other Index Options 2,526 295 667 1,479 2018 2,131 248 503 1,266 2019 2,014 200 492 1,237 2020 VIX Options VIX and Mini VIX Futures 30

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