X0306 4 2021-02-23 0 0001120193 NASDAQ, INC. NDAQ 0001622630 Ottersgard Lars 151 W. 42ND STREET NEW YORK NY 10036 0 1 0 0 Executive Vice President Common Stock, par value $0.01 per share 2021-02-23 4 A 0 15030 0.00 A 24761 D Common Stock, par value $0.01 per share 2021-02-23 4 F 0 8568 140.34 D 16193 D Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2018 through December 31, 2020. Represents the surrender of shares to pay withholding taxes in connection with the settlement of PSUs, as described above. Represents (i) 8,869 shares underlying PSUs, all of which are vested, (ii) 2,384 shares or units of restricted stock, of which none are vested, and (iii) 4,940 shares purchased under the Employee Stock Purchase Plan. /s/ Alex Kogan, by power of attorney 2021-02-25