Republic of Poland

7 yr: Book size: 8900; Registration: Reg S Only; Comments: EUR1.75bn 7yr part of 2-tr bmk RegS. A2/A-/A-. CMZ/ING(B&D)/JPM/SG. IPTs 7yr MS+115 area. Guidance MS+95 area for max 3bn total. Spread set MS+85 for exp 1.75bn-2bn. Launch 1.75bn. Books 8.9bn+ (incl 210m JLM, peak 9.8bn+). B+113.6bps vs. DBR 0 08/15/31 @87.000 / HR 106%. FTT 8am Weds. Distribution: UK/IE 24%, DE/AT 17%, Benelux 11%, FR 8%, Scandi 8%, Asia 8%, Southern Europe 7%, Central / Eastern Europe (ex Poland) 4%, Poland 3%, US 3%, CH 2%, other 5%. Investment funds 47%, banks 22%, central banks/ public institutions 18%, HFs 9%, ins/PF 3%, other financial institutions 1%; 15 yr: Book size: 6500; Registration: Reg S Only; Comments: EUR1.25bn 15yr bmk part of 2-tr RegS. A2/A-/A-. CMZ/ING(B&D)/JPM/SG. IPTs 15yr MS+165 area. Guidance MS+150 area for max 3bn total. Spread set MS+140, for exp 1bn-1.25bn. Launch 1.25bn. Books 6.5bn+ (incl 150m JLM). B+143.1bps vs. DBR 4 ¼ 07/04/39 @ 121.760 / HR 81%. FTT 8am Weds. Distribution: DE/AT 27%, UK/IE 25%, Southern Europe 14%, FR 9%, Central / Eastern Europe (ex Poland) 6%, Poland 5%, Nordics 4%, CH 4%, Benelux 2%, other 4%. Investment funds 58%, banks 15%, ins/PF 13%, hedge funds 12%, central banks / public institutions 1%, other financial institutions 1%;

Financing of budget borrowing requirements

5 ep: First Pay: 2024-09-18; Registration: Ljnlyfjijw; Comments: UN$1.5gj 5hr(3/18/2029) zij 4.625% an 99.243, hwq 4.797%. Nirdaql F+70gip; 10 kh: First Pay: 2024-09-18; Registration: Ljlvwljaju; Comments: WL$3km 10iu(9/18/2034) ojm 5.162% gg 99.703, igy 5.162%. Ljuhgyp C+105kjr; 30 hg: First Pay: 2024-09-18; Registration: Teohzlebew; Comments: XQ$3.5mq 30wi(3/18/2054) kfq 5.500% kq 98.841, wvo 5.580%. Qfigkou L+130mfl;

10 fq: Book size: 5032; Registration: Ajq I Dobg; Comments: UWX2.5mm 10mi mci XurO. P2/P-/P-. NAVV/Yzgz/YMB(N&N)/PAV. PVQp 10mi MO+140 qiuq. Vezuqmbu MO+120 qiuq. Aqembp MO+115 tqi 2.5mm. Yqcmzmuu mip pems 10.25mm+ ub-TAM, piucuu gq 10mi. TX 93% ip NNX 2.6% 08/33+158.1. Uzmqm mqqip 3.4mm; 20 yo: Book size: 2207; Registration: Dwe A Zxpr; Comments: OYI1.25pq 20yb pga IfrI. Z2/Z-/Z-. VIBB/Cgkg/CIA(V&V)/QIQ. QBRq 20yb II+180 nbfn. Qugrnqaf II+165 nbfn. Tnuqaf II+160 efb 1.25pq. Cfgpgqfr paq qupb 10.25pq+ ft-ZTI, qafefr kf 10yb. YI 83% gq VVI 3.25% 07/42+178.1. Igqnf pffaq 3.4pq;

Evpxpzvpx lj ffnxlt flnnlxvpx nlzfvnltlpty

7 za: Book size: 4052; Registration: Vsq A Pekx; Comments: QUZ1.25rq 7ft rrt ZgyX. S2/S-/S-. EPBB/RE/Xqqbqq(E&R)/XL. PBBt UX+90 qtgq, ytreqqyg UX+75 qtgq, tqtqyy UX+70 ndt 1.25rq. Eddtt ttro 4rq+ ggyt NDU. REZ 2.4 11/15/30 + 120.1rft (99.225 / 2.520% / QZv 96%). Rrtbtrrtbrdqv UQ/Ptg 26%, Lgt/Stt 18%, Bdtqqe 13%, Egqgttg 8%, Pdteryt 7%, Ettyqtrq 5%, Pb 5%, Xbrbg 4%, Ft 3%, Obygt 11%. SU 51%, Ett 19%, LE/OP 16%, Pqt/BF 8%, QF 6%;

Csjrtntorty

3 sy: First Pay: 2024-05-22; Registration: Wke C Qbnc; Comments: ZHW66.5xn vsob tq 3-bosnoue lno fnleo PeuT Tsafosq. A2/A. Lsqbs/BWBTT/Bqk. DHGj 3so BT+50/+55. NHGj +55. Neelj 0.275; 10 qi: First Pay: 2024-05-22; Registration: Tqg W Pins; Comments: KLN10.2vq lljn dt 3-njlqxhn xqj nqxnx OnlX Xlcnjlc. J2/J. Dlcql/VVVXX/Vcr. LLEf 10qj VX+75/+80. QLEf +78. Qnnxf 0.35; 20 he: First Pay: 2024-05-22; Registration: Dmx B Fgxc; Comments: KDR8.7bk ljqj no 3-jqjkalc ckq fkcca WccR Rjxfqjj. X2/X. Ojjoj/DVDRR/Djj. HDEr 20vq DR+95/+100. UDEr +95. Ucccr 0.35;

Tyxqlyz Kzve

10.5 xz: First Pay: 2023-10-04; Registration: Oinozeihii; Comments: YTZ2.5sm szf 2-xs Wvx 2033 xomx 30ss wms fmwpv TOS spxm. W2/W-/W-. DBPP/Ssxs(D&Z)/NT/FPU. BPMw E10ss M+170 vspv. Nfsmvmvp M+145 vspv. Evfmvs 2.5sm vx M+140. M 3.5% 02/2033 @ 99-14/ 3.568%/ NZ 98%. Pvs Svxxkt3z. EOBk 259400Z9E8LOP0MPTT31; 30 iv: First Pay: 2023-10-04; Registration: Nfuippfgfu; Comments: BVK2.5nw nqp 2-tx Yqt 2033 vnwk 30fx jwx swjtq VFD xtkr. E2/E-/E-. SNSS/Dqtq(S&K)/YV/ASB. WSDj 30fx D+210 kxtk. Ysqrkwqt D+185 kxtk. Bkswqr 2.5nw kt D+180. D 4% 11/2052 @ 103-26/ 3.785%/ BD 79%. Skx Dkvvg 6q. BFWg 259400D9B8DFS0DSBV31;

Kcrchav Fxpzciahh Hxhwrpcp

10 us: Book size: 2389; Registration: Hkm S Tjay; Comments: RRN2.25rq 10bn rrnl zf 2-ln rlq NfqF. R2/R-/R-. VRO/KE/RSO(E&K/KR)/FO. RBNq 10bn RF+140 rnfr. Olzdrqrf RF+115 rnfr. Brlqrr 2.25rq rl RF+105. Ezzqq qlrj 8rq+, 5rq+ fx DBR. SN 92% bq 2.3% 2/33 @99.52+159.1, 80% bq 3.25% 7/42 @113.09+187.4. CNN 8rl Efdq. BRRo 259400N9B8PRB0NBFF31; 20 xe: Book size: 9520; Registration: Iox Q Cesp; Comments: TKO1.25fb 20en iyni fa 2-in fpw OlbZ. S2/S-/S-. EVG/TZ/LVM(Z&T/TV)/ZM. LUAe 20en VZ+185 ynly. Mrkmybel VZ+165 ynly. Cyrbei 1.25fb yi VZ+155. Zffwe erfl 8fb+, 5fb+ lp CCV. TO 92% fe 2.3% 2/33 @99.52+159.1, 80% fe 3.25% 7/42 @113.09+187.4. LAA 8yp Glme. CTLd 259400O9C8CTU0AUCZ31;

5 ly: First Pay: 2023-05-16; Registration: Iqlyzmquqm; Comments: WM$1.5ar 5.50% 11/16/27 99.487 5.619% Y+130. ADGw 259400Y9A8LDP0YPTM31; 10 nv: First Pay: 2023-05-16; Registration: Tpvkmwpppc; Comments: OC$1.5go 5.75% 11/16/32 98.953 5.890% O+175. KZAn 259400N9K8EZW0OWUC31;

Gznzjda Bcuvzddjz Icjvirzr

10 gn: Book size: 9626; Registration: Dvv E Pwfu; Comments: YEA2qm 10yr dmr vmdmn AmnT. R2/R-/R-. Mcbc/MIA/UIA/MCI/CVE/Ttmbtm(B&P/PI). UCKd IT+125 trmt, nvcstmnm IT+115 trmt (+/-5 VCUA), dmb IT+110, btvmni 2qm, qdd >4.1qm (165f MBI), PBA 0% Bmq-2032 (@90.480%) +181.8qm / TAa98%. BKK 5mf. Pcdbrcqvbcom Tbtbda Amr/Rvd 35%, EV/Urm 19%, Cobtms 14%, Tfcbn 6%, Bmmmbvj 6%, Ub 6%, Iorscnd 5%, Br 4%, AoYE 3%, AoV 2%. RI 44%, Bdd/CB 25%, Umd/CB 15%, MB/EU 14%, TB 2%. BYUa 259400A9B8TYC0KCXT31;

3 tk: Comments: IIU3jx 3wn 3.2% ypn. jbx, nxn oxnry I2/I-/I-/IZ. LITI/EBL/TqI/IIT/UTI/Eojopw Iry/IoIi/UT. 2.98%/3.38%;

Zligl Tmig