PROPOSED SALE OF LCH SA TO EURONEXT N.V.

LCH Group notes the announcement by London Stock Exchange Group plc ("LSEG"), Deutsche Börse AG ("Deutsche Börse") and HLDCO123 PLC that the European Commission has officially notified them of its decision to prohibit the recommended all-share merger between LSEG and Deutsche Börse on the basis of the EU Merger Regulation. As a consequence of the termination of the Merger, LCH Group confirms that the proposed sale of LCH SA by LSEG and LCH Group to Euronext N.V. will also terminate in accordance with its terms.

Enquiries

About LCH SA

LCH SA is authorised as a central counterparty to offer services and activities in the European Union in accordance with the European Markets Infrastructure Regulation (EMIR). It acts as the clearing house for regulated markets in France, the Netherlands, Belgium and Portugal and offers clearing services for a diverse range of asset classes including CDS; repos and fixed income; commodities; cash equities and equity derivatives.

LCH SA is regulated as a Credit Institution and Clearing House by the French Authorities, L'Autorité des Marchés Financiers (AMF), L'Autorité de Contrôle Prudentiel et de Résolution (ACPR), and Banque de France. It is also designated as a Securities and Settlement System by the French Authorities and is registered as a Derivatives Clearing Organization with the Commodity Futures Trading Commission (CFTC), USA and registered as a Clearing Agency with the Securities and Exchange Commission.

Important notices

Greenhill & Co. International LLP ("Greenhill"), which is authorised and regulated in the UK by the Financial Conduct Authority, is acting exclusively as financial adviser to LCH Group and no‐one else in connection with the matters set out in this Announcement, and will not be responsible to anyone other than LCH Group for providing the protections afforded to clients of Greenhill, nor for providing advice in connection with the matters set out in this Announcement. Neither Greenhill nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Greenhill in connection with this Announcement, any statement contained herein or otherwise.