Shareholders

Nodal Exchange, LLC is owned by Nodal Exchange Holdings, LLC. Nodal Clear, LLC is owned by Nodal Exchange, LLC. Nodal Exchange Holdings, LLC is wholly owned by European Energy Exchange, AG (“EEX”):

EEX

The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates, and connects secure, liquid, and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. More information: www.eex.com.