Diversified Resilient Dynamic Third quarter 2025 results November 6, 2025 Primary Colors Disclaimer Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including expected financial results and profit growth, acquisitions, future rates of federal funds and expec ...

Financial Performance - Adjusted profit before tax increased by 42% to $96 million in Q1 2025, driven by robust client activity and positive market conditions[10] - Revenue increased by 28% to $467 million, with strong revenue growth across all business segments[10] - Agency and Execution revenue increased significantly by 42% to $240 million, driven by growth in Securities revenues and the Energy business[10] - Adjusted Return on Equity (RoE) increased by 100bps year-over-year to 30%[32] - Adjusted diluted Earnings Per Share (EPS) increased by 32% year-over-year to $0.91[32] Business Segment Performance - Clearing revenue increased by 18% from $101 million in Q1 2024 to $119 million in Q1 2025[34] - Agency and Execution revenue increased by 42% from $168 million in Q1 2024 to $240 million in Q1 2025[34] Market and Operational Highlights - Clearing volumes increased by 17% from 267 million contracts in Q1 2024 to 312 million contracts in Q1 2025[15] - Agency and Execution - Energy volumes increased by 14% from 15 million contracts in Q1 2024 to 17 million contracts in Q1 2025[15] - Agency and Execution - Securities revenue increased by 59% from $95 million in Q1 2024 to $151 million in Q1 2025[15] - The company successfully issued $500 million 3-year senior unsecured notes in May, diversifying funding sources[10]