AGREX

The Group’s market for smaller and growing companies established in London and now extended to AIM Italia – MAC

Borsa Italiana S.p.A., the Group’s Italian exchange business

Compound annual growth rate

Central Counterparty – stands between 2 parties to a trade to eliminate counterparty risk by ensuring that settlement takes place

Cassa di Compensazione e Garanzia S.p.A., the Group’s Italian subsidiary which manages the Italian CCP for equity, derivative, commodity and fixed income trades

An entity that enables securities to be processed, settled and held in custody

London Stock Exchange Group plc and its subsidiaries

Commissione Nazionale per le Società e la Borsa, Italy’s official body for regulating and supervising companies and trading infrastructure providers

Consumer Price Index which measures changes in the price of consumer goods and services purchased by households