Euronext announces volumes for September 2025 Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 7 October 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for September 2025. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes CONTACTS ANALYSTS & INVESTORS – ir@euronext.com Investor Relations Judith Stein +33 6 15 23 91 97 Margaux Kurver +33 6 84 16 85 03 MEDIA – mediateam@eurone ...

Euronext announces the launch of the voluntary exchange offer for all ATHEX shares Euronext has received regulatory approval to launch a voluntary exchange offer to acquire all common registered ATHEX sharesAcceptance Period commences on 6 October 2025 and will end on 17 November 2025 A significant step towards a more integrated and more competitive capital market in Europe, establishing ATHEX as a financial hub in the Southeast Europe regionATHEX to join Euronext’s best-in-class trading and post-trade tech ...

Core Viewpoint - Euronext has successfully completed a share repurchase program, acquiring 101,000 shares at an average price of €137.75 as part of its Long-Term Incentive plan [1][2]. Group 1: Share Repurchase Program - The share repurchase program was executed by an independent agent from September 4 to September 19, 2025, in accordance with the authorization granted by Euronext's General Meeting of Shareholders on May 15, 2025 [2]. Group 2: Company Overview - Euronext operates as a leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, settlement, and custody [3]. - As of June 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a total market capitalization of €6.3 trillion, making it a significant player in debt and fund listings globally [4]. - Euronext handles 25% of European lit equity trading and offers a diverse range of products, including equities, FX, ETFs, bonds, derivatives, commodities, and indices [4].

Core Insights - Cboe Global Markets, Inc. (CBOE) has a market capitalization of $24.5 billion and is a leading exchange operator in ETP trading, offering diverse trading across multiple asset classes globally [1][2] Company Overview - Cboe operates through six business segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital, providing a wide range of trading, clearing, and data solutions [2] - The company is classified as a "large-cap" stock, fitting the criteria of being valued at $10 billion or more [2] Stock Performance - CBOE shares have declined 8.2% from their 52-week high of $255.27, while over the past three months, shares have risen 3%, underperforming the Dow Jones Industrials Average's 9.5% return [3] - Year-to-date, CBOE stock is up nearly 20%, outperforming the Dow Jones Industrials Average's 8.6% gain, and has returned 11.3% over the past 52 weeks compared to the DOWI's 9.9% increase [4] Recent Financial Results - On August 1, Cboe's shares rose 2.8% following strong Q2 2025 results, with adjusted EPS of $2.46, beating consensus estimates and rising 14.4% year-over-year [5] - Revenues reached a record $587.3 million, up 14% year-over-year, driven by a 19% increase in options revenues and a 30% rise in Europe and Asia Pacific revenues [5] Future Guidance - Cboe expects high single-digit organic net revenue growth and has lowered its expense outlook to between $832 million and $847 million [6] - In comparison, rival Intercontinental Exchange, Inc. (ICE) has seen its stock rise 14.8% year-to-date and 7.7% over the past 52 weeks [6] Analyst Sentiment - Despite the stock's strong performance, analysts maintain a cautious outlook, with a consensus rating of "Hold" from 18 analysts and a mean price target of $246.73, indicating a 5.9% premium to current levels [7]

Core Viewpoint - Faraday Future Intelligent Electric Inc. is preparing to spin off its crypto flywheel assets into a separate listed company, aiming to create two independent entities that can operate synergistically [1][2][8]. Spin-Off Details - The spin-off plan is designed to establish two independent listed systems: Faraday Future (FFAI) and a new company focused on the Crypto Flywheel, which will operate independently while forming strategic synergies [2][10]. - The spin-off is expected to enhance the company's dual-engine growth strategy, combining Web2 and Web3 elements to maximize stockholder value [3][11]. C10 Treasury Performance - The C10 Treasury has recently completed two rounds of digital asset allocations totaling approximately $10 million, with a positive mark-to-market performance as of September 10, 2025 [4][10]. - The actively managed 20% allocation within the C10 Treasury outperformed the C10 Index, indicating strong performance of the selected digital assets [5][10]. Strategic Goals and Benefits - The spin-off aims to address two core concerns and is expected to provide five dimensions of value, including independent capitalization, operational focus, economic value, strategic value, and financial clarity [6][11]. - The independent operation of the C10 business is anticipated to unlock its value and serve as a value amplifier for FFAI, supporting its EAI EV flywheel strategy [11]. Future Plans - The company is in discussions with investment banks, strategic investors, and law firms regarding the spin-off, with more details to be revealed at the upcoming 919 Futurist Day & Stockholders' Community Day on September 19 [10][17].

Euronext to join the CAC 40® Index Euronext celebrates recognition of strong market performance and shareholder value creation since the IPO in 2014 Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 12 September 2025 – Euronext, the leading European capital market infrastructure, is proud to highlight its upcoming inclusion in the CAC 40® Index (PX1), following the quarterly review of the CAC® Family indices performed by the Scientific Committee. Euronext’s entry into the benchmark French index w ...

Core Viewpoint - Cboe Global Markets is a leading provider of market infrastructure and tradable products, focusing on delivering innovative trading, clearing, and investment solutions globally [1] Group 1: Company Overview - Cboe Global Markets operates a trusted and inclusive global marketplace [1] - The company offers a range of products, technology, and data solutions aimed at enabling participants to achieve a sustainable financial future [1] - Cboe provides trading solutions across multiple asset classes, including equities, derivatives, and FX [1] Group 2: Geographic Reach - Cboe operates in key regions including North America, Europe, and Asia Pacific [1]

Core Viewpoint - Euronext has announced a share repurchase program involving the buyback of 101,000 shares as part of its Long-Term Incentive plans, set to take place from September 4, 2025, to October 6, 2025 [1]. Group 1: Share Repurchase Program - The share repurchase program will be executed by an independent agent [1]. - This initiative is authorized by the General Meeting of Shareholders held on May 15, 2025 [2]. Group 2: Company Overview - Euronext is a leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, settlement, and custody [3]. - As of June 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a total market capitalization of €6.3 trillion, making it a significant player in debt and fund listings globally [4]. - Euronext handles 25% of European lit equity trading and offers a diverse range of products, including equities, FX, ETFs, bonds, derivatives, commodities, and indices [4].

Core Viewpoint - Euronext has announced a share repurchase program involving the buyback of 101,000 shares as part of its Long-Term Incentive plans, set to take place from September 4, 2025, to October 6, 2025 [1]. Company Overview - Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, including listing, trading, clearing, settlement, and custody [3]. - As of June 2025, Euronext's regulated exchanges host nearly 1,800 listed issuers with a market capitalization of €6.3 trillion, making it a significant player in the global debt and fund listings market [4]. - Euronext handles 25% of European lit equity trading and offers a diverse range of products, including equities, FX, ETFs, bonds, derivatives, commodities, and indices [4].

Core Viewpoint - The electric two-wheeler industry is approaching a high prosperity turning point due to policy support and market structure optimization, with companies like NIU Electric actively adjusting their product and channel strategies to enhance performance and profitability [1]. Revenue Growth - The company experienced a compound annual growth rate (CAGR) of 59.8% in revenue from 2016 to 2021, but revenue declined to 2.652 billion yuan in 2023 due to rising lithium carbonate prices and increased competition [2][5]. - In 2024, the company is expected to generate 3.288 billion yuan in revenue, a 24% year-on-year increase, with further growth projected in 2025, where H1 revenue reached 1.94 billion yuan, up 34.1% year-on-year, and Q2 revenue was 1.26 billion yuan, up 33.5% year-on-year and 84.1% quarter-on-quarter [2][5]. Profitability Improvement - The company reported a net loss of 0.49 billion yuan in 2022 and a further loss of 2.72 billion yuan in 2023, but managed to achieve a net profit of 0.06 billion yuan in Q2 2025, marking a year-on-year increase of 123.6% and a quarter-on-quarter increase of 115.1% [2][6]. - The gross margin remained stable above 20% from 2019 to 2023, with Q2 2025 gross margin at 20.1%, reflecting a year-on-year increase of 3.1 percentage points [10]. Product and Channel Strategy - The company has shifted its focus to high-end lead-acid electric two-wheelers, launching new models like NT/MT Play in August 2024, which are competitively priced and feature advanced technology [3][26]. - The company is expanding its distribution channels, increasing the number of retail stores from 2,856 in 2023 to 4,304 in H1 2025, with a focus on penetrating second and third-tier cities [32]. Sales Performance - Domestic sales of electric two-wheelers dropped from 988,000 units in 2021 to 601,000 units in 2023, but the company saw a recovery in H1 2025 with total sales of 552,000 units, a year-on-year increase of 43.6% [17][21]. Competitive Advantage - The company has established a strong brand presence and competitive barriers through its focus on high-end, intelligent electric two-wheelers, recognized as a leading brand in the industry [21].