Results presentation Year ended 31 March 2016 Introduction Peter - - PowerPoint PPT Presentation

Results presentation

Year ended 31 March 2016

Introduction

Peter Cruddas - Group Chief Executive Officer

Introduction

• Successful IPO
• Strong growth across all key metrics and significant progress on all strategic

initiatives

• Number of trades up 50%, value of trades up 27%
• Revenue per active client (RPC) up 4% to £2,828
• Underlying EPS up 23% to 18.0 pence
• Final dividend of 5.36 pence; total dividend of 8.93 pence (10.72 pence including

special dividend)

• Strong cash position to facilitate growth with a robust balance sheet and

regulatory capital position

• Confident of meeting targets

Key Highlights

Analyst presentation Pg 3

Financials

Grant Foley - Group CFO

51.9 62.4 32.2 43.5 53.4 26% 36% 37% 2014 2015 2016 Underlying PBT² (£m) Statutory PBT (£m) Underlying PBT margin 24.0 40.9 50.7 34.7 42.5 2014 2015 2016 Underlying Profit After Tax⁵ (£m) Profit After Tax (£m) 48,006 50,303 57,329 2,374 2,716 2,828 2014 2015 2016 Active clients¹ Revenue per client²

1. Active clients represent those individual clients who have traded with or held CFD or spread bet positions with CMC Markets on at least one occasion during the financial year. 2. Trading revenue generated from CFD and spread bet active clients. 3. Net operating income represents total revenue after rebates payable to introducing partners who are not themselves trading counterparties and betting levies. 4. Underlying PBT represents PBT before exceptional items. 5. Based on implied tax payable excluding exceptional items Active clients1 and Revenue per active client2 (£)

KPIs

Strong underlying growth

Profit Before Tax (£m and margin) Net operating income3 (£m)

Dividends per share and Basic EPS (pence)

1,351 1,626 2,071 33.0 44.6 66.8 2014 2015 2016 Turnover (£bn) Trades (m) 122.0 143.6 169.4 2014 2015 2016

Analyst presentation Pg 5

4.3 5.7 8.9 1.8 8.6 12.4 15.1 2014 2015 2016 Special dividend per share Dividend per share Basic EPS

Turnover (£bn) and Trades (m) Profit after tax (£m)

+18% +18% +18% +18% +71% +71% +24% +24% +20% +20% +61% +61%

Group (£m)

2016

2015 YoY % H1 H2 Full Year

Net operating income1 78.9 90.5 169.4 143.6 18% Operating expenses (49.1) (51.1) (100.2) (83.9) (19%) Depreciation, amortisation and finance costs (3.6) (3.2) (6.8) (7.8) 13% Underlying Profit before tax2 26.2 36.2 62.4 51.9 20% Other income 1.6 1.5 3.1

• Exceptional costs

(1.3) (10.8) (12.1) (8.4) (43%) Profit before taxation 26.5 26.9 53.4 43.5 23% Underlying Profit after tax3 50.7 40.9 24% Profit after tax 20.0 22.5 42.5 34.7 22%

1. Net operating income represents total revenue after rebates payable to introducing partners who are not themselves trading counterparties and betting levies. 2. Underlying PBT represents PBT before exceptional items. 3. Based on implied tax payable excluding exceptional items

Income statement

Increasing revenue generated from growing client base

Strong net operating income growth driven by increase in active client numbers and trading activity New Countdowns product successfully launched globally during the year, generating revenues of £4.3m Controlled cost increase with investment in key areas of the business to drive growth initiatives Underlying PBT growth of 20% Continuing investment in business has not been to the detriment of underlying PBT margin

Analyst presentation Pg 6

Group (£m) 2016 2015 YoY %

CFD and spread bet (including binaries) net revenue 162.2 136.6 19% Stockbroking 5.2 5.1 3% Interest income 1.8 2.1 (17%) Sundry income 0.2 (0.2)

• Net operating income

169.4 143.6 18%

• 1. Turnover represents the notional value of client trades.

Breakdown by product Turnover1 and trades

Net operating income

Growth in CFD and spread bet revenue driven by increase in active clients and trading activity Countdowns released 20th July 2015, providing £4.3m revenue Stockbroking remained relatively consistent despite the backdrop of a weaker Australian dollar Lower interest income as a result of reduction in interest rates in Australia Performance aided by higher levels of market volatility

Analyst presentation Pg 7

10 20 30 40 50 60 70 80 500 1,000 1,500 2,000 2,500 Trades (m) Turnover (£bn) Turnover Trades

• 1. Net revenue generated from CFD and spread bet active clients, including Countdowns, after the impact of rebates and levies.

Net revenue1 bridge (£m)

Analyst presentation Pg 8

136.6 (17.5) 6.6 2.3 34.2 162.2 2015 Net revenue Existing clients trading more Existing clients stopped trading Returning clients New clients 2016 Net revenue Existing clients: (£10.9m) New and returning clients: £36.5m

7.0 10.5 1.9 0.1 2.0 (0.5) 2015 retail rebate Existing clients trading more Existing clients stopped trading Returning clients New clients 2016 retail rebate

• 1. Revenue is presented net of volume rebates in the financial statements.

Retail volume rebate1 bridge (£m)

Analyst presentation Pg 9

Existing clients: £1.4m New and returning clients: £2.1m

Active client growth across all regions Client growth has not reduced quality of clients with overall RPC up 4% to £2,828 RPC continues to be one of the highest in the industry Increased RPC after paying a record £10.5m to retail client in rebates H1 RPC of £1,707 vs H2 RPC of £1,871

1. Trading revenue generated from CFD and spread bet active clients.

Revenue per active client1 (RPC)

Growing active client base and RPC

Analyst presentation Pg 10

14 15 17 14 15 18

20 20 22 2,374 2,716 2,828

500 1,000 1,500 2,000 2,500 3,000

• 10

20 30 40 50 60 70 2014 2015 2016 RPC (£) Active clients (000's) UK APAC & Canada Europe RPC (£)

• 1. Revenue represents total trading revenue generated from CFD and Spread bet clients before the impact of Rebates & Levies.

Increasing average daily revenue1 Reducing loss days

Revenue trend

Analyst presentation Pg 11

476 566 673 2014 2015 2016 Average daily CFD and spread bet trading revenue (£000s)

11.0% 10.3% 8.4% 2014 2015 2016 CFD and spread bet loss days %

1. Net revenue generated from CFD and spread bet active clients, including Countdowns, after the impact of rebates and levies. 2. Active clients represent those individual clients who have traded with or held CFD or spread bet positions with CMC Markets on at least one occasion during the financial year. 3. Change in net revenue per active client.

UK revenue bridge (£m) Europe revenue bridge (£m) APAC & Canada revenue bridge (£m)

Performance by region

Revenue growth driven by increasing client numbers and quality

Analyst presentation Pg 12

48.6 63.1 6.8 7.7 2015 Net revenue¹ Active client growth² RPC growth³ 2016 Net revenue¹ 45.4 48.5 3.8 (0.7) 2015 Net revenue¹ Active client growth² RPC growth³ 2016 Net revenue¹ 42.6 50.6 9.5 (1.5) 2015 Net revenue¹ Active client growth² RPC growth³ 2016 Net revenue¹

• Strong growth in active clients across all regions
• RPC growth in UK driven by continuing to attract quality

clients; our premium client proposition is now well established in the UK

• Good growth in Europe with active clients up 8%, offset by a

fall in RPC due to an increased number of new clients in H2

• Very strong active client growth in APAC & Canada up 23%,

impact on RPC due to the number of actives increasing throughout the year

24 28 31 31 26 32 34 36 2013 2014 2015 2016 Standard Premium¹

1. Premium clients are calculated based on internal revenue metrics.

Client tenure (in months) 2016 Revenue by client tenure Client churn

Customer lifecycle

Improving client tenure

Analyst presentation Pg 13

21% 14% 17% 13% 35% Client Tenure

0-6M 6-12M 1-2YR 2-3YR >3YR 48,006 50,303 57,329 2014 2015 2016 Continuous traders New traders Reactivated Stopped Trading

• Positive client churn
• Typical client tenure of over 2½ years
• 48% of revenue was generated from clients that have been

with CMC for over 2 years

Group (£m) 2016 2015 YoY % % of NOI H1 H2 Full Year 2016 2015

Net staff costs 21.9 24.2 46.1 40.7 13% 27% 28% IT costs 5.9 6.8 12.7 11.4 11% 7% 8% Sales and marketing 7.5 10.8 18.3 13.7 34% 11% 10% Premises 2.4 2.4 4.8 5.6 (14%) 3% 4% Legal and Professional fees 1.6 2.0 3.6 2.9 24% 2% 2% Regulatory fees 2.4 0.3 2.7 2.1 29% 2% 1% Other 7.4 4.6 12.0 7.5 59% 7% 5% Total operating expenses before exceptional costs 49.1 51.1 100.2 83.9 19% 59% 58% Exceptional costs 1.3 10.8 12.1 8.4 43% 7% 6% Total operating expenses 50.4 61.9 112.3 92.3 22% 66% 64%

• 1. Operating costs excluding exceptional items.

Operating costs

Controlled cost growth to support strategic focus

Total underlying operating cost¹ increase of 19% driven by increasing headcount and marketing expenditure Increased headcount as part of investment in key areas to support growth initiatives Marketing spend has grown in line with NOI and remains within guidance of 10-12%

Analyst presentation Pg 14

Group (£m) 2016 2015 YoY

Own funds 176.4 143.1 33.3 Non-segregated client and partner funds 2.2 7.8 (5.6) Available committed facility 25.5 36.8 (11.3) Total available liquidity 204.1 187.7 16.4

Group (£m) 2016 2015

Core Tier 1 Capital 1 160.9 142.3 Less: intangibles and deferred tax assets 2 (6.6) (6.4) Capital Resources 154.3 135.9 Pillar 1 requirement 3 39.6 39.0 Total risk exposure 4 494.9 487.5 Capital ratio % 31.2% 27.9%

1. Core Tier 1 capital – total audited capital resources as at the end of the financial year, less proposed dividends. 2. Intangible and deferred tax asset deduction has been restated to reflect the impact of CRD IV on prior year and incudes audited results. 3. Pillar 1 requirement – the minimum capital requirement required to adhere to CRD IV. 4. Total risk exposure – the Pillar 1 requirement multiplied by 12.5, as set out by the FCA. 5. Blocked cash relates to cash needed to support regulatory and overseas subsidiaries operational requirements. 6. Internal Liquidity Buffer consistent at £30m. 7. Surplus total available liquidity is defined as the liquidity in excess of the Group’s liquidity risk appetite and is the Group’s key liquidity measure.

Liquidity and regulatory capital

Good cash generation and strong regulatory capital ratio

Analyst presentation Pg 15

Available liquidity

Group (£m) 2016 2015 YoY

Total available liquidity 204.1 187.7 16.4 Blocked cash⁵ (14.9) (14.9)

• Internal Liquidity Buffer 6

(30.0) (30.0)

• Initial margin requirement at

broker (54.7) (52.8) (1.9) Surplus total available liquidity7 104.5 90.0 14.5

Uses of Available liquidity Regulatory capital

1,351 1,626 2,071 55.1 71.5 77.7 2014 2015 2016 Turnover (£bn) Peak prime broker requirements (£m) 12.0 15.9 25.4 5.0 2014 2015 2016 Dividends (£m) Special dividend (£m)

Strong cash generation Uses of free cash

Capital allocation framework

Analyst presentation Pg 16

Objectives

42.4 45.2 53.5 2014 2015 2016 Own funds generated (£m)

Hedging Shareholder returns

1 2

Effective risk management Increasing revenues Maintain a strong capital ratio Liquidity to withstand contingencies and take advantage of

• pportunities

Growing client activity Increasing shareholder returns

1 2 3

Key regulatory topics

Dear CEO letter - February 2016 ESMA Task Force AMF potential restrictions MiFID II

Analyst presentation Pg 17

Financial summary

Strong revenue growth – Increasing active quality clients – Record level of client rebates Contribution from new products – Countdowns generated £4.3 million in 8 months Focus on cost control – Targeted investment in the business to drive future growth Final dividend of £15.4 million – 5.36 pence per share Robust balance sheet – Strong liquidity to facilitate future growth – Capital ratio of 31%

Analyst presentation Pg 18

Outlook

Analyst presentation Pg 19

Revenue Continue to target gross revenues of £250m by 2020 – Equivalent to £220m net operating income – Of which new products to generate £20m in the medium term Costs Staff costs – Consistent as a percentage of net operating income – LTIP costs expected to be a further £6m pa Technology costs expected to be 7% to 8% of net operating income Marketing to be 10% to 12% of net operating income as previously guided

Strategic Progress

Peter Cruddas - Founder and CEO

• Improving client acquisition, quality and

retention in UK

• Held leading market share in

Australia1 and Germany2

• Improving client acquisition, quality and

retention in UK

• Held leading market share in

Australia1 and Germany2 Established markets Established markets Seen as the choice provider by both new clients and switchers Seen as the choice provider by both new clients and switchers Digital marketing Digital marketing Improve effectiveness of digital marketing to drive client acquisition Improve effectiveness of digital marketing to drive client acquisition Geographic expansion Geographic expansion Grow developing regions, open new offices and explore potential

• pportunities elsewhere

Grow developing regions, open new offices and explore potential

• pportunities elsewhere

New products / developments New products / developments Continue to drive new binaries proposition and evaluate other

• pportunities

Continue to drive new binaries proposition and evaluate other

• pportunities

Institutional Institutional Next Gen platform to offer full white and grey label proposition Next Gen platform to offer full white and grey label proposition

Strategic objectives

5 pillars of strategic focus

1. Australia Investment Trends CFD and FX Reports, September 2015. 2. Investment Trends April 2015 Germany CFD & FX Report.

A B C D E Initiative Objective FY16 progress

• Increase in client acquisition through

digital channels

• Conversion enablers being rolled out
• Increase in client acquisition through

digital channels

• Conversion enablers being rolled out
• Poland office set up during the year
• Encouraging growth in developing

regions

• Poland office set up during the year
• Encouraging growth in developing

regions

• Countdowns released during the

financial year

• Binaries also released in April
• Countdowns released during the

financial year

• Binaries also released in April
• White label offering released during the

year

• API functionality released
• White label offering released during the

year

• API functionality released

Analyst presentation Pg 21

UK – Increase in primary market share² – Retail client acquisition up 10% Australia – Retail client acquisition up 32% – Number one ranking for high value CFD clients and number one market share for frequent trading FX clients in Australia3 Germany – Market leading position4 – Video ID and verification introduced

1. Active clients represent those individual clients who have traded with or held CFD or spread bet positions with CMC Markets on at least one occasion during the financial year. 2. UK Investment Trends CFD Report, Oct 2015. 3. Investment Trends June 2015 Australia CFD Report. 4. Investment Trends April 2015 Germany CFD & FX Report.

Active clients1 and number of trades Highlights

Established markets

Strong organic growth in established markets

1 2 3 4 5 6 Client trades (millions) UK Australia Germany

Analyst presentation Pg 22

• 5

10 15 20 25 30 35 40 2014 2015 2016 Active clients (000's) UK Germany Australia

• 1. This is natural search on google.co.uk for identified keywords in the UK SEO campaign.
• 2. App downloads across all markets.

Natural search rankings improvements1

Digital progress

1 55 91

Number of keywords in top 5 position in natural search for UK Aug ‘15 May ‘16

New device responsive website launched across all established markets

3

Mobile focus driving apps downloads2

2

New device responsive application forms launched in Australia

4

14,326 14,620 23,736 31,393 Q1 Q2 Q3 Q4

Number of app downloads

Analyst presentation Pg 23

5 10 15 20 25 30% 35% 40% 45% 50% 55% 60% 2014 2015 2016 Number of trades (m)

Mobile turnover %

Mobile turnover % Mobile trades

1. Cost per new approved account, presented net of Land Rover BAR sponsorship cost . 2. Financial Times 2015 and Shares Magazine 2015.

Cost per acquisition1 (CPA) reducing towards target

Digital benefits

1

Mobile trading app driving client activity

2

697 663 656 575 2014 2015 2016 Medium term target

Greater focus on digital and mobile spend Targeted activity in line with strategy Improving efficiencies

36% 36% 41% 41% 48% 48%

Award winning mobile trading app2 Trades and turnover via mobile continue to increase

Analyst presentation Pg 24

• France

– New management team in place – 70% growth in value of trades during the year – 35% increase in active clients – 7% increase in revenue per active client – Launch of grey label Partners functionality

• Italy

– New management team in place – 18% increase in value of trades during the year – 20% increase in active clients

• 1. Net revenue generated from CFD and spread bet active clients, including Countdowns after the impact of rebates and levies.
• Office opened in Q3
• Steady growth in performance as foothold is taken in the

region France and Italy

Geographic expansion/developing regions

France, Italy and Poland

Poland

Analyst presentation Pg 25

500 1,000 1,500 2,000 2,500

• 0.5

1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 2015 2016 Active clients Net revenue¹ (£m) France Italy France & Italy active clients 50 100 150 200 250 300 350 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 Monthly active clients Cumulative new accounts

Stage 1 - Countdowns

• Product built entirely in house
• Launched 20th July in UK, Australia and New Zealand, and all

remaining offices (except Canada and Singapore) on 16th November

• Simple and exciting way to trade the markets
• Steadily increasing active clients

Stage 2 - Binaries

• Binaries released 25th April

Stage 3 - Future developments

• Expansion of binaries product planned for release during

FY17

• Committed to constant technological development to produce

a strong pipeline of products

• Opportunities for partner expansion in new products

1. Gross Countdowns revenue before the impact of rebates and levies.

Countdowns performance

New products

Countdowns released during FY16, Binaries launched April 2016

• 50

100 150 200 250 300 350 400

• 0.2

0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 Trades (000’s) Revenue¹ (£m) Revenue Trades

Analyst presentation Pg 26

Summary

Clear strategy that is being delivered Strong revenue growth after record client rebates Good growth in active client numbers whilst still increasing revenue per active client Successful launch of Countdowns Continuing to invest for growth Strong liquidity to support growth

Analyst presentation Pg 27

Questions

Appendices

Appendix 1

Net revenue1 (£m) 2014 2015 2016 H1 H2 Full Year H1 H2 Full Year H1 H2 Full Year UK 15.7 17.7 33.4 19.3 29.3 48.6 29.5 33.6 63.1 Europe 21.0 24.8 45.8 19.8 25.6 45.4 22.1 26.4 48.5 APAC & Canada 18.8 16.0 34.8 16.4 26.2 42.6 23.5 27.1 50.6 Total 55.5 58.5 114.0 55.5 81.1 136.6 75.1 87.1 162.2

Selected KPIs by half year

1. Net revenue represents total trading revenue generated from CFD and Spread bet clients after the impact of Rebates & Levies. 2. Active clients represent those individual clients who have traded with or held CFD or spread bet positions with CMC Markets on at least one

• ccasion during the preceding 6 months for half year figures and 12 months for full year.

Active clients² 2014 2015 2016 H1 H2 Full Year H1 H2 Full Year H1 H2 Full Year UK 10,901 10,894 14,054 10,673 12,814 15,417 12,749 13,172 17,268 Europe 15,435 15,751 19,572 15,365 17,111 20,019 16,954 18,175 21,714 APAC & Canada 12,021 11,380 14,380 11,323 12,756 14,867 14,314 15,201 18,347 Total 38,357 38,025 48,006 37,361 42,681 50,303 44,017 46,548 57,329 Revenue per active client (£) 2014 2015 2016 H1 H2 Full Year H1 H2 Full Year H1 H2 Full Year UK 1,437 1,624 2,373 1,812 2,283 3,152 2,314 2,548 3,652 Europe 1,361 1,572 2,338 1,288 1,499 2,269 1,302 1,455 2,234 APAC & Canada 1,564 1,411 2,424 1,442 2,058 2,864 1,646 1,781 2,760 Total 1,446 1,539 2,374 1,484 1,901 2,716 1,707 1,871 2,828

Analyst presentation Pg 30

Group (£m) H1 H2 2016 H1 H2 2015 YoY %

Total revenue 89.1 99.1 188.2 64.7 93.1 157.8 19% Rebates & levies (10.2) (8.6) (18.8) (5.9) (8.3) (14.2) 32% Net operating income1 78.9 90.5 169.4 58.8 84.8 143.6 18% Other income 1.6 1.5 3.1

• Operating expenses

(49.1) (51.1) (100.2) (41.3) (42.6) (83.9) (19%) Exceptional costs (1.3) (10.8) (12.1)

• (8.4)

(8.4) (43%) Depreciation and amortisation (3.2) (2.8) (6.0) (3.2) (3.7) (6.9) 13% Finance costs (0.4) (0.4) (0.8) (0.4) (0.5) (0.9) 14% Profit before taxation 26.5 26.9 53.4 13.9 29.6 43.5 23% Underlying Profit before tax2 26.2 36.2 62.4 13.9 38.0 51.9 20% Taxation (6.5) (4.4) (10.9) (2.6) (6.2) (8.8) (24%) Profit after tax 20.0 22.5 42.5 11.3 23.4 34.7 22% Underlying Profit after tax⁴ 50.7 40.9 24% Dividend per share 10.72 5.71p 88% Basic EPS 15.1 12.4p 22%

1. Net operating income represents total revenue after the impact of Rebates & Levies. 2. Underlying PBT represents PBT before exceptionals. 3. Trading revenue generated from CFD and spread bet active clients. 4. Based on implied tax payable excluding exceptional items

Appendix 2

Income statement

Analyst presentation Pg 31

10 20 30 40 50 60 70 80 90 Mar-13 Mar-14 Mar-15 Mar-16 Broker margin requirement (£m)

Daily margin requirement

Appendix 3

Broker margins

Analyst presentation Pg 32

2014 max requirement - £55m 2015 max requirement - £72m 2016 max requirement - £78m Range of £32.2m Range of £34.2m Range of £38.8m

Shares 10% Index 48% Commodity 11% Treasury 0% FX 25% Countdowns 3% Stockbroking 3% Shares 12% Indices 49% Commodity 15% Treasury 1% FX 19% Stockbroking 4%

1. CFD and Stockbroking revenue represents total revenue generated from CFD, Spread bet and stockbroking clients after the impact of Rebates & Levies. 2. Net revenue generated from CFD and spread bet active clients, including Countdowns after the impact of rebates and levies.

2016 CFD and Stockbroking revenue1 by asset class 2015 CFD and Stockbroking revenue1 by asset class 2016 Net revenue2 by region 2015 Net revenue2 by region

Appendix 4

Revenue composition

UK 39% Europe 30% APAC & Canada 31% UK 36% Europe 33% APAC & Canada 31%

Analyst presentation Pg 33

Appendix 5

38.2 34.5 38.5 53.7 37.1 47.3

• 10

20 30 40 50 60 70 UK Europe APAC & Canada Regional EBITDA (£m) 2015 2016

Regional EBITDA¹

• 1. Regional EBITDA presented before the allocation of central costs.

Analyst presentation Pg 34

Disclaimer

Certain statements in this presentation constitute or may constitute forward-looking statements. Any statement in this presentation that is not a statement of historical fact including, without limitation, those regarding the Company’s future expectations, operations, financial performance, financial condition and business is or may be a forward-looking statement. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. These and other factors could adversely affect the outcome and financial effects of the plans and events described in this presentation. As a result, you are cautioned not to place any reliance on such forward-looking statements. The forward-looking statements reflect knowledge and information available at the date of this presentation and the Company undertakes no obligation to update its view of such risks and uncertainties or to update the forward-looking statements contained herein. Nothing in this presentation should be construed as a profit forecast or profit estimate and no statement in this presentation should be interpreted to mean that the future earnings per share of the Company for current or future financial years will necessarily match or exceed the historical or published earnings per share of the Company. This communication is directed only at (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001; or (ii) high net worth bodies corporate, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. Persons within the United Kingdom who receive this communication (other than those falling within (i) and (ii) above) should not rely on or act upon the contents of this communication. Nothing in this presentation is intended to constitute an invitation or inducement to engage in investment activity for the purposes of the prohibition on financial promotion contained in the Financial Services and Markets Act 2000. This presentation has been furnished to you solely for information and may not be reproduced, redistributed or passed on to any other person, nor may it be published in whole or in part, for any other purpose. This presentation does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities of CMC Markets PLC (“CMC”, or the “Company") in any jurisdiction nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. This presentation does not constitute a recommendation regarding the securities of CMC. Without limitation to the foregoing, these materials do not constitute an offer of securities for sale in the United States. Securities may not be offered or sold into the United States absent registration under the US Securities Act of 1933 or an exemption there from. CMC has not verified any of the information set out in this presentation. Without prejudice to the foregoing, neither CMC nor its associates nor any officer, director, employee or representative of any of them accepts any liability whatsoever for any loss however arising, directly or indirectly, from any reliance on this presentation or its contents. This presentation is not being issued, and is not for distribution in, the United States (with certain limited exceptions in accordance with the US Securities Act of 1933) or in any jurisdiction where such distribution is unlawful and is not for distribution to publications with a general circulation in the United States. Certain figures contained in this presentation, including financial information, have been subject to rounding adjustments. Accordingly, in certain instances, the sum or percentage change of the numbers contained in this presentation may not conform exactly to the total figure given as percentage movements have been calculated from the underlying data before rounding. By attending or reading this presentation you agree to be bound by the foregoing limitations.

Analyst presentation Pg 35