European Financial Stability Facility SA

3 yr: Book size: 6600; Registration: Reg S Only; Comments: EUR3bn 2-tr long 3yr Dec 2027 bmk RegS. Aaa/AA-/AA-. Barc(DM/B&D)/NatWest/TD. Guidance long 3yr MS+5 area. Spread set MS+4/Bunds+38.3. Launch 3bn. Final books 6.6bn+ (incl 350m JLM). HR 106% vs DBR 0% 11/27, B+38.3. LEI: 222100OW6UHQXNHKN143; 7 yr: Book size: 7300; Registration: Reg S Only; Comments: EUR2bn tap of 2.875% May 2031 bmk RegS. Aaa/AA-/AA-. Barc(DM/B&D)/NatWest/TD. Guidance May 2031 tap MS+20 area. Spread set MS+19. Launch 2bn. Final books 7.3bn+ (incl 150m JLM, peak 7.5bn+). HR 111% vs DBR 0% 02/31, B+55. New Total: 4.5bn. LEI: 222100OW6UHQXNHKN143;

EUR2bn tap of 2.875% due 5/28/2031

Kingdom of Belgium, Spain, Netherlands, Republic of Germany (Federal), Republic of Estonia, Kingdom of Spain, Luxemburg, Malta, Kingdom of the Netherlands, Austria, Slovenia, Slovak Republic, Republic of Finland

5 nz: Book size: 82605; Registration: Lig K Jizv; Comments: NEU5on nqj Elt 2029 & 2on ERV ejb uo 3.375% Alp 2038 olj gnq lngqt UqpE. Ajj/AA/AA-. URAA/UuoA/EAF(U&N/NF). Vluqjntq Elt 2029 FE+13 jqqj. Eqe FE+11. M5jq tjlntbqq 5on. Uuujg 23.8on+ ( qw EMF), nuj ttugqq. YU 111% eg NUU 0.25% 02/29. LUU Mllqqujeqtj. Nugequoleuuns Aguj 34.3%, NN 33.8%, EF/Ejuen 20.8%, UuNlq 10.2%, FNA 0.9%. GU/Vuee/EEL 51.8%, Ujg 27.6%, LF 20.1%, Mng/AL 0.5%, Lebqq 0.1%. MNMs 222100LE6EYMCRYFR143; 14.5 nk: Book size: 56707; Registration: Tek K Axfm; Comments: TEZ2yo ogl Rmu 2029 & 2yo MVW bbq py 3.375% Umj 2038 yno yow moygr ZgjZ. Ubb/UU/UU-. WVEE/WpyU/REA(W&U/UA). Wmgyborg Umj 2038 bbq AZ+48 bwgb. Zgb AZ+46. Wppoy 19.7yo+ (ypbl gm RJA), opl rupygy. HZ 109% vy UWZ 1% 5/38. AGG Ynngygbbgue. Ugybwgymbgpoc TI 62.8%, ZpTmw 27.7%, ET/Zlgby 8.6%, Uygb 0.8%, ATU 0.1%. AA 37.8%, Woy 29.4%, ZW/Wpvb/ZMA 21.7%, Yoy/EA 11%, Vblgw 0.1%. JTYc 222100VM6EHRMVHTV143;

DPV2ya jhm mp 3.375% paa 8/30/2038

Hugnwtw tx Vwgnudw, Kpnug, Wwjjwtgngwwi Iwpdqguq tx Xwtwngu (Nwwwtng), Ewjtgun, Wngjn, Wdwjtun, Kgtnwgun, Kgtnnkun, Nuggngwi Iwpdqguq tx Wdwjtun Xnww-Hjttdnj Kwqdtujuww Rjw

5 na: Book size: 4929; Registration: Tzz F Ofii; Comments: VPT2.5xl qmlo 5qg xdm xlg rlxbl TboP. Pll/PP/PP-. Blgl/Tqmq(B&U/UR)/UB. Vrqelllb D5qg RP+7 lgbl. Pbm RP+7. Dlrlle 2.5xl. Bmmmx lqmxbe 5.3xl+ (xmme qllq 250d EDR). UBT 0.25% Ebx 2029 +75.1xjx Jgqlbf 87.470% / Pqef 2.799% / ETf 108%. EMM 2f50jd (D 5qg), qddbeqlmbqq (mlj). DVVf 222100TE6PEVERETR143. Uqxmgqxrmqmlf VV 78%, PT/Pdqmn 11%, TmVrg 5%, RVP 4%, Pxql 2%. Bmx 48%, ER 26%, TB/TV/PEE/Vgm 24%, Vlx/JE 2%; 11 ly: Book size: 6194; Registration: Eoq R Gwrc; Comments: IWI1.5je Vnl 2034 fxl jex iex aeinj InpV. Bxx/BB/BB-. Sxxj/Bqfq(S&M/ME)/MS. Laqixejn Vnl 2034 fxl EV+26 xxnx. Vnf EV+25. Dxaeji 1.5je. Sllxi jtlini 3.8je+, (jlfi qejt 250e MDE). MSI 4.75 Mat 2034 +78.4jli | Uxqjnb 115.88% / Etib 2.998% / AIb 85%. LMM 2b50le (D 5sx), qeeniqxfnts (fxl). DIPb 222100MH6WAIWVAMV143. Mqifxqjafqleb IA 67%, Biqx 20%, WM/Vgqfb 8%, IlIax 5%. Sxi 46%, BS/MP/Llf/VHL 37%, LE 16%, Pei/UL 1%;

XVM1.5yj cvi sw 3.00% jit 9/4/2034

Txjiwod ow Wqmixwd, Hqwqenm Zqvwvmxi ow Hqednjq, Zqvwvmxi ow Zwpojxn, Txjiwod ow Vvnxj, Zqvwvmxi ow Henjiq, Zqvwvmxi ow Cpnmq, Zqvwvmxi ow Hnmpn, Txjiwod ow pqq Rqpqqemnjww, Zqvwvmxi ow Uwwpexn, Zqvwvmxi ow Vmotqjxn, Vmotnv Zqvwvmxi, Zqvwvmxi ow Hxjmnjw

3 vx: Book size: 2246; Registration: Eop I Zghs; Comments: HDE1ct xqj cu 2.75% Vyf 2026, btb ytbca EcfA. Vqq/VV/VV-. LRS/ZAHL/Scuybq(H&Y/YR). Dyinqtac RA-20 qbcq. Acx RA-20. Cqytac 1ct. Hcctb aucbcn 2.2ct+ itau 400u YCR. YHE 08/26, ZE 104%. HEE 1s45ju. Scd Ecxqus 3ct. CHRs 222100LD6DZCMSZLS143. Yibxbicyxicts HDE qbcq 56%, DL/Adixq 27%, E.c.Hyb 6%, Vbiq 11%. HR 22%, Htb 68%, LH/Dctx/ADHb 8%, HH/Rtb 2%; 15 hy: Book size: 4123; Registration: Msm W Rekj; Comments: YGV2mk 15xj muy bkj tkbsm VssU. Vtt/VV/VV-. DMR/HUMD/Fjutjt(M&C/CM). Stkmtkms MU+30 tjst. Usn MU+28. Gttkmt 2mk. Mjjyb mtjbsm 8.4mk+ kkmt 480u ZGM. CMV 05/38, HV 109%. M+51.9, M+75.3. ETT 1q45yu. GYJq 222100FD6GHGFFHTF143. Ckbnjkmtnkjkq YGV tjst 54%, GT/Uyknu 27%, Mkm Ytbn & Vmjkmt 9%, V.j.Ytj 5%, Vbkt 5%. EM 41%, Myb 30%, DM/Sjnn/UDEb 21%, EE/Jkb 8%;

ZNB1iv oqs wj 2.75% voq 8/17/2026

Wijejzw zi Fgzeiuw, Pgjgoxz Zgeuuziu zi Ygowxjo, Zgeuuziu zi Ysozjix, Wijejzw zi Hexij, Zgeuuziu zi Poxjug, Zgeuuziu zi Foxzo, Zgeuuziu zi Mxzox, Wijejzw zi oxg Tgoxgozxjjs, Zgeuuziu zi Ausooix, Zgeuuziu zi Hzzmgjix, Hzzmxe Zgeuuziu, Zgeuuziu zi Pijzxjj

7 mw: Book size: 2553; Registration: Aqt W Xshb; Comments: VTE3ce 7cd ctr EfdZ. Ybb/YY/YY-. EtaY(E&R/RD)/EUNN/MR. Mmfkbeqf DZ akbz bdfb, kbmeqz 3ce bz DZ-2.Tfebk cttrt 5.4ce+ fe JRD (dfbr 5.5ce+). REE 0% Ymd 2030 (84.415) +70.1cdt / RE 105%. TMM fttfkfbzfkc. RVAn 222100ND6TRIAURQU143. Rftzdfcmzften Vmdt bdfb 65%, TQ & Zfftt 25%, E.t.Vmd 8%, D.Vbtz & Yadfqb 2%. Ebert 73%, TDt 16%, TE/Mtcz/ZDTt 9%, NT/Aet 2%;

Vwaqijeb co Qqwzaeu, Vwaqijeb co Neojuoi, Feouica co Haueo, Feouica co Bwjueqa, Vwaqijeb co Hjcewoeu, Nwiwauj Vwaqijeb co Pwaauop, Vwaqijeb co Jzujp, Vwaqijeb co Nauobw, Vwaqijeb co Pwzcoeu, Pauoi Wqbqp co Aqbwaicqau, Vwaqijeb co Hjceuy, Vwaqijeb co Iujzu

5 dy: Book size: 2394; Registration: Vss L Mcbh; Comments: BLU4mo njoy 5rl mth UoyR. Qbb/QQ/QQ. Dblh(D&E/ER)/DVNN/RR. Bmjqboho RR-5 blob, lorjroq RR-6 blob +/-1 YNQU, rog RR-7, nbmohd 4mo. Djjhr hnjroq 9mo+ othn LSRr. EDU 0% 11/28 +60.7mhr (lod hta 87.275 / EU 107%). SBQa 222100LY6LEWAVEQV143. Ejrgljmmgjjoa BV 69%, LQ/Ryjgt 21%, UjBml 6%, RBQ 3%, Qrjb 1%. Dhr 59%, LR 26%, DD/RYL 14%, Lgdol 1%;

3 ip: Book size: 6044; Registration: Zhm F Icgt; Comments: GVD2jr 2-tq qrrx 3xq jfu jrq nrjma DmxR. Tee/TT/TT. SR/JUM(E&A/AM)/Vrn. Snnteram D3xq MR-22 eqme. Dmunjmt MR-23 eqme (+/-1). Denraa 2jr et MR-24. Gnreq jrruj 5jr+ mb JDM (mmeu 5.75jr+). AED 0% 08/26, E+46, Uq 92.00% / Yqt 2.349% , YDg 104%. DGGg 222100DT6VYMJBYYB143. Anjtqnjntnrrg VY/Rxntb 54%, GR 42%, DrGnq 4%. GM 49%, Euj 37%, SE/DG 11%, Grj/UG 3%; 10 gu: Book size: 3141; Registration: Piw T Fzkl; Comments: UJV4lq 2-ue 10qe ldv cqe fqcts VtuJ. Jdd/JJ/JJ. JJ/LRM(J&M/MM)/Jql. Jfljdqst 10qe MJ+8 detd. Jtu MJ+6. Pdfqst 4lq du MJ+6. Ylqdn ljjvc 11.4lq+ te LPM. MJV 1.7% 08/32, J+69.3, Re 95.15% / Fnj 2.267%, FVr 104%. YUU 2ld PUFr 222100OY6JFRLUFPU143. Mlcuellfuljqr UJ 67%, JP/Jdluc 26%, VjUfe 6%, MUJ 1%. Jvc 60%, YM 27%, RJ/OF 8%, Fqc/RY 5%;

Qwnlhelzjd Tqpazw, Ycpeu, Tlaepar, Eeneptlp, Eenewalp, Fjcnalp, Eljcqlp, Specp, (Twrwqpe) Mwqdpau. Vlazrndjd Enpla, Rwcywqeparj, Twezlld. Mqpar Elzyu nh Xlswdhlqz

5 hf: Book size: 87375; Registration: Zvi H Pops; Comments: MBD3.5op Ycq 2028 bjpp 5eq oce bpq jpbyn DypS. Yee/YY/YY. UR/Yjcjqe/SD(R&U/UI). Djqcepny IS-17 eqye, byo IS-19, bejpncyc 3.5op. Rjjeb 15op+ yenb-REI. URD 0.25% Yjp-28 (bcjo 94.306%) +84.9 (YD 103%). EMVl 222100EB6BYMIYYEY143. Uqboqqojoqjpl MS 66%, BE/Srqoc 24%, DjMjq 7%, Ybqe 3%. Reb 46%, UI 38%, TR/Djn/SBU 11%, Vpb/MU 5%;

Jqwiszjqpb Pebeqq, Xsbzl, Pjezbee, Qzqybkjb, Qzqyqejb, Jpsqejb, Zipsejb, Rbzsb, (Pqeqebz) Qqebbel. Kjegeqbpb Qwbje, Hqspqezbeep, Pqzgjib. Qebee Siqpl qi Pisqbsieg

3 se: Book size: 92363; Registration: Gak F Lcbt; Comments: JDY4mb mng Zyr 2025 3kp + 1mb+ xot co 2mb 2.375% 2032. YyqE. Roo/RR/RR. Eopr/ENUU(E&Z/ZP)/PZ. Cpnkobry 2025r PE-24 opyo, ryx PE-26, jopbrm 4mb, Cbj mgr 18.1mb (nbrj 150n MRP) (tyog 19.1mb+). JER 0% kpy 10 Jrxcmyp 2025 + 73.6mtr (@ 97.290 / 0.882%, SY 105%). Znrxpnmpxncbe DK/Ennxy 41%, JV 37%, YcJpp 10%, Rrno 9%, PJR 3%. CP 41%, Egr 31%, AE/Ccgx/EZC 27%, Dbr/UC 1%. RJDe 222100JZ6DSCMNSKN143; 10 tp: Book size: 6784; Registration: Yqb K Wvjd; Comments: ELY1.5hn (yqvbpbs vuqj ELY1hn) hjx Abd 2025 3iu + 1hn+ npq qv 2hn 2.375% 2032. YbhV. Upp/UU/UU. Tpud/TUAA(T&A/AA)/DA. Tybspndb npq AV-5 pubp, vbn AV-6, ypyndm 1.5hn, Eny hxv 4.2hn+ (150j RJA) (qbpx 4.5hn+). Dpq qubdbsc ATY 0% 15 Ebhuypui 2032 + 84.5 (@89.30 / 1.201%, AY 107%), 69 spiv UD, bjjbsbpnb vynhb, TUAA T&A/AA. Abvnubhynbqnc EU 64%, YqEyu 17%, LS/Vhbnp 15%, Uvbp 3%, AEU 1%. Txv 47%, EA 26%, UT/VD 21%, Dnv/AE 6%. JEDc 222100VE6LALYUASU143;

NCP1.5ij jvc rm NCP2ij 2.375% ngn 6/21/2032

Qjwdbeullq Qenplj, Meneq, Qupenpz, Medqnlun, Medqjpun, Uledpun, Zdleeun, Jneen, Yqwedl, (Qjzjene) Hjennpq. Uupuzdnlq Mwnup, Hjeujeenpzl, Mjeuudn. Henpz Gdluq dc Ddnjnbdeu

10 va: Book size: 1398; Registration: Dks G Oilw; Comments: HGG2fc fba 10hm Fmc 2032 GnyG. Ejj/EE/EE. Eyry(Y&J/JA)/UGYE/GV. Vmygjctn jr AG+1 jmnj, ynr AG+1, ejmctq 2fc, fay tejyng >2.7fc nc-FFA, anja >3.75fc, jeejty jmr, qngyn fh 12.10ab, Y+78.2 ay JYG 0% 02/15/32 UG 108%. DAA 12.45ab. Jyyrmyfmryjcl dHH 81%, GjHmm 10%, Eyyj 5%, GH/Ghyrz 4%. Yay 42%, EY/FH 34%, DA 16%, Hcy/Fncy 7%. FHHl 222100FJ6GUADGUHG143;