Media reports relating to Euroclear’s succession planning process

Brussels 12 July 2023 - Following media reports today regarding the possible search for a replacement for our group CEO, the company would like to provide the below update on its succession planning process.

As part of its governance responsibility, the Euroclear Board is preparing, in an early and orderly manner, the future succession plan for Lieve Mostrey.

Ms. Mostrey, who has been in the role since January 2017, remains fully focused on leading the company, and has the confidence and support of the entire Board.

The succession planning process includes both internal and external candidates, and the Board conducts this process in transparency with the CEO, consulting with the Chief HR Officer and external advisors, such as executive search firms.

Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives, and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International and MFEXbyEuroclear.