X0306 4 2020-04-01 0 0001120193 NASDAQ, INC. NDAQ 0001799366 Smith Bryan Everard 151 W. 42ND STREET NEW YORK NY 10036 0 1 0 0 Executive Vice President Common Stock, par value $0.01 per share 2020-04-01 4 A 0 1950 0.00 A 15714 D Represents shares or units of restricted stock granted pursuant to Nasdaq's Equity Incentive Plan, which vest as to 33% on April 1, 2022, 33% on April 1, 2023 and 34% on April 1, 2024. Represents (i) 1,950 shares or units of restricted stock, of which none are vested, (ii) 13,157 shares underlying PSUs, of which 5,149 are vested and (iii) 607 shares purchased under the Employee Stock Purchase Plan. /s/ Alex Kogan, by power of attorney 2020-04-03