Hellenic Exchanges Athens Stock Exchange S A : Apr 2024

Investor Relations

ATHEXGROUPPresentation

May 2024

Investor Relations Department

Contents

01	02	03	04	05
About ATHEX	Key Trading	Financial Results	Business	Appendix
	Statistics	FY 2023	Developments

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01	About ATHEX

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About ATHEXGROUP

ATHEX is the MiFID II licensed Market Operator of the Hellenic Capital Market

Operator of the Greek Cash,

Derivatives & Corporate Bonds Markets

Listed on Athens Stock Exchange in August 2000

Vertical Integration: Trading, Clearing,

Settlement and Registry systems

Approved by SEC as Designated Offshore

Securities Market in August 2016

Fully privatized group in 2003

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ATHEX Group Structure

Athens Exchange Group

Common Platform

Cash & Derivatives

Markets Trading

100%

21%

0.78%

10.24%

Cash & Derivatives	Central Securities
Markets Clearing	Depository

Energy Products

Trading

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ATHEX Group Governance & Markets

ATHEX Governance

Regulated under: MiFID II

Supervised by: HCMC

Markets

Regulated:

1. stocks, bonds & listed funds;
2. derivative products

MTFs:

1. ENA
2. ENA Step

Rulebooks: ATHEX&ENA

Market Governing Body

ΑΤΗΕΧ Steering Committee (ΔΕΧΑ);

decisions approved by HCMC

ATHEXClear Governance

Regulated under: EMIR

Supervised by: HCMC

CCP Clearing License (active)

Equities

Fixed Income

Equity futures

Equity Options

Energy Futures

Runs "Dematerialized Securities

System-CCP"(DSS-CCP) & CCP

Risk Management System

Rulebooks

Athex Clear

ATHEXCSD Governance

Regulated under: CSDR

Supervised by: HCMC

CSD License (active since 12/4/2021)

Core Services:

1. Notary (initial registry),
2. Central Maintenance of Securities Accounts,
3. Settlement

Relevant Ancillary Services: Corporate Actions, Registry, CSD Links, Technology & other

Runs "Dematerialized Securities System- CSD"(DSS-CSD)

Rulebooks

Athex CSD

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Areas of Operation

12% €5.7mil

(1/2)

Listing

The Athens Exchange supports and facilitates the process of issuing stocks and bonds for financing companies using the tools that it develops, ensuring the tradability of the securities issued under internationally standardized rules. This

category includes the services provided to listed companies (issuers) on an ongoing basis such as corporate actions.

18% €8.6mil

43% €20.2mil

Source: ATHEXGROUP, Revenue Analysis FY 2023

Trading

The Athens Exchange operates the infrastructure necessary so that the organized markets for stocks, bonds and derivatives - on other securities or indices (such as stocks, exchange indices et al.) - ensure the level of transparency and effectiveness legislated in Europe. The Athens Exchange also operates the Alternative Market (EN.A) for smaller, dynamic companies.

Post Trading

The Clearing House of the Group, ATHEXClear, provides the clearing platform and operates as central counterparty (CCP): as buyer to sellers, and seller to buyers, in order to minimize counterparty risk. The ATHEXCSD subsidiary provides the recording of the various credit and debit entries into the investor accounts on the Dematerialized Securities System (DSS) by licensed Investment Services Firms and banks (DSS Operators) following international rules and practices.

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Areas of Operation (2/2)

8% €3.8mil

Data Services

Private and professional investors make investment decisions based on market information and data. The Athens Exchange provides information on the cash, bond and derivatives market, such as real-

time data, historical data, index information et al.

16% €7.4mil

IT, Digital & Other Services

Information Technology systems and infrastructure are the foundations of the Group for all the services it provides. The Group provides digital services, infrastructure and technological solutions to other organized markets such as the Energy Exchange Group and Boursa Kuwait, and other services such as Electronic Book Building,

Axialine Axia e-Shareholders Meeting, colocation, ATHEXNET et al.

3% €1.3mil

Ancillary services

This category includes support services for the Energy Exchange, rents et al.

Source: ATHEXGROUP, Revenue Analysis FY 2023

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The ATHEX

Strategic Vision

Change

the Narrative

Boost market activity Break vicious circle

Support wealth creation for domestic and international investors

Support growth of Greek economy and boost "crown jewels

Increase revenues from established services

& explore new services

Solidify & optimize international activities

Enhance the ATHEX operating model

Target digitally-driven innovation

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ATHEX Invests in ESG

• Capital markets worldwide increase corporate visibility
• • scalability and expand their funding options
• Listed companies are expected to be more transparent
• • forward-looking, more efficiently run
• A key trend for all investors is the promotion of ESG standards and criteria. Listed companies are more ready to adapt to this new need which is essential for long-term growth

ATHEX is dedicated to building capacity and enhancing awareness on ESG maturity and disclosure in the Greek market

ATHEX ESG Initiatives

2018	2019	2020	2021	2022
ATHEX participates	ATHEX ESG Reporting	ATHEX-NKUA-HFAMA	ATHEX ESG	ATHEX BONDS
in SSE Initiative (UN)	Guide	Study about ESG	Index	GREENet
	2019 Edition	adoption in Greece	ESG Executive	ATHEX ESG
			Course
			Reporting Guide
				2022 Edition
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