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How S&P Global Platts Generates Revenue

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• Subscriptions for proprietary market information (price assessments, benchmarks), market reports, real-time services, and analytics
  (subscription revenue)
• Licensing fees from issuers of financial products, including exchanges and clearinghouses for the utilization of S&P Global Platts data (price assessments and benchmarks) and brand in derivatives contracts
  (sales usage-based royalties and subscription revenue)
• Conferences and events across all commodity markets served by S&P Global Platts
  (non-subscription revenue)

S&P Global Platts provides news, pricing, and analytics to deliver transparency and efficiency to commodity and energy markets

Petroleum is an Important Segment for S&P Global Platts, with Market-Leading Positions in Other Key Segments

S&P Global Platts is the Company’s most global business, with approximately 67% of its revenue from outside the U.S.