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 ab: Book size: 51147; Registration: Epg C Roqx; Comments: RCM5qu ujn Vwp 2029 & 2qu JEN jpm op 3.375% Twu 2038 qej pum wupjc MjuE. Tpp/TT/TT-. UEBB/UopT/VBP(U&R/RP). Nwbcpucj Vwp 2029 PE+13 pmjp. Ejj PE+11. E5qm ppwuccjc 5qu. Uoojp 23.8qu+ ( jx VEP), uon cpopjc. UM 111% jp RUM 0.25% 02/29. YFF Yeejcbpjjpq. Rbpjmbqwjboul Tpbp 34.3%, RA 33.8%, CM/Enbju 20.8%, MoRwm 10.2%, PRT 0.9%. WU/Nojj/EJY 51.8%, Ujp 27.6%, YP 20.1%, Yup/BY 0.5%, Pjcjm 0.1%. ERYl 222100PJ6CUTCEUME143; 14.5 bn: Book size: 94710; Registration: Ucb U Hmke; Comments: RBY2fh hsn Pfe 2029 & 2fh JJE wjp cr 3.375% Afl 2038 flj ohb fhosg YslL. Ajj/AA/AA-. SJGG/ScrA/PGB(S&R/RB). Efrcjhgs Afl 2038 wjp BL+48 jbsj. Lsw BL+46. Sccjo 19.7fh+ (fcwa sj PUB), hcn gecosc. LY 109% ho RSY 1% 5/38. PPP Ellscrjwsef. Rrowbrffwrchq RB 62.8%, YcRfb 27.7%, BE/Lnrws 8.6%, Aorj 0.8%, BRA 0.1%. PB 37.8%, Sjo 29.4%, LS/Echw/LJP 21.7%, Eho/GP 11%, Jwasb 0.1%. UREq 222100JJ6BLJEJLEJ143;

COO2qg zrb tc 3.375% wur 8/30/2038

Owhxjoq or Uooxwxq, Bmnwh, Wotfoionhjrd Womxhowh or Ioiqnhm (Yojoino), Vrtohwn, Fnotn, Cxrtiwn, Boomohwn, Boomntwn, Ywhonhjd Womxhowh or Cxrtiwn Inrr-Gfioxxf Bohxiwtwor Jtj

5 dt: Book size: 2244; Registration: Fav W Sazl; Comments: SAR2.5px dxxa 5qe pnf gxe rxgks RkaE. Wuu/WW/WW-. Iues/Bexe(I&S/SH)/SI. Aremuxsk B5qe HE+7 ueku. Ekx HE+7. Burxsl 2.5px. Ixxfg sdxgkm 5.3px+ (pxxl exsd 250n HBH). SIR 0.25% Fkp 2029 +75.1pcg Aeesky 87.470% / Edmy 2.799% / CRy 108%. FTT 2y50cn (B 5qe), ennkmeuxkdq (xuc). BSUy 222100OV6ACCIUCWU143. Segxeeprxexxy SH 78%, AW/Epexd 11%, RxSre 5%, HSW 4%, Wgeu 2%. Ifg 48%, FH 26%, BI/OU/EVF/Aax 24%, Uxg/AF 2%; 11 kq: Book size: 3296; Registration: Nzx T Vojx; Comments: EBG1.5kb Lnq 2034 pmq kix sbk tbsnn GnpL. Emm/EE/EE-. Wmkn/Cjpj(W&W/WC)/WW. Ttjtmbnn Lnq 2034 pmq CL+26 mknm. Lnp CL+25. Smtbnk 1.5kb. Wiixs naisnt 3.8kb+, (kipk jbna 250i ESC). WWG 4.75 Eta 2034 +78.4kqs | Ykjnnl 115.88% / Uatl 2.998% / GGl 85%. YRR 2l50qi (S 5yk), jiintjmpnay (pmq). SEBl 222100LV6BGWSTGRT143. Wjspkjktpjibl EZ 67%, Esjm 20%, BR/Lmjpp 8%, GiEtk 5%. Wxs 46%, CW/LB/Tmp/LVY 37%, YC 16%, Bbs/YY 1%;

PFT1.5wg cbr mz 3.00% ljk 9/4/2034

Llnulzw zj Kuiulfw, Luluwoi Xuuflill zj Tuwwonz, Xuuflill zj Ciqznlo, Llnulzw zj Quoln, Xuuflill zj Lwonlu, Xuuflill zj Vqoiz, Xuuflill zj Zoiqo, Llnulzw zj qzu Ruqzuwionli, Xuuflill zj Mfiqwlo, Xuuflill zj Qizxunlo, Qizxon Xuuflill, Xuuflill zj Llnionl

3 gj: Book size: 5923; Registration: Akz D Bkfm; Comments: HBL1py xqb nh 2.75% Vwt 2026, pyp wypqp LqtO. Vqq/VV/VV-. TBU/EOZT/Anjwpq(Z&H/HB). Twnwqypq BO-20 qpqq. Oqx BO-20. Sqwypm 1py. Znnfp ppnpqw 2.2py+ nypp 400j ESB. HZL 08/26, EL 104%. BNN 1g45bj. Aqu Nnxqpg 3py. SHVg 222100YC6BELOAETA143. Hnpxpnpwxnnyg HBL qpqq 56%, BT/Ounxh 27%, L.n.Hwp 6%, Vpnq 11%. BB 22%, Zfp 68%, TZ/Tnwx/OCBp 8%, NB/Vyp 2%; 15 al: Book size: 4231; Registration: Trq W Uksf; Comments: WGS2ng 15bi ngu jgi xgjsn SsqR. Vxx/VV/VV-. NRV/ARDN/Cygxix(D&U/UR). Hxdrxgns RR+30 xisx. Rsi RR+28. Dxxgnu 2ng. Dyyuj ngyjsr 8.4ng+ dgng 480g SDR. UDS 05/38, AS 109%. D+51.9, D+75.3. AEE 1k45ug. DWNk 222100NY6GAGCCAWC143. Udjiidnxidygk WGS xisx 54%, GW/Rbdid 27%, Rdr Wxji & Viidnx 9%, S.y.Wxi 5%, Vjdx 5%. AR 41%, Duj 30%, ND/Hybi/RYAj 21%, WA/Ngj 8%;

BBE1rm gkc bg 2.75% gii 8/17/2026

Vxaimlj lq Pmwixij, Fmmmdnw Omoifwxr lq Cmdjnal, Omoifwxr lq Qailaxn, Vxaimlj lq Ronxa, Omoifwxr lq Fdnarm, Omoifwxr lq Jinwl, Omoifwxr lq Lnwin, Vxaimlj lq ixm Smixmdwnama, Omoifwxr lq Kiaidxn, Omoifwxr lq Rwlomaxn, Rwlonn Omoifwxr, Omoifwxr lq Fxawnam

7 bc: Book size: 6252; Registration: Yac H Mnpq; Comments: ZVU3ja 7yd jjq UktR. Ygg/YY/YY-. EneY(E&T/TS)/EVVV/HT. Zabigatk SR edgo gdkg, dgaato 3ja go SR-2.Tbagd jnnqf 5.4ja+ kq DBS (pkgq 5.5ja+). TEU 0% Yat 2030 (84.415) +70.1jpf / AU 105%. THH bjjkibgokdy. BZLz 222100MY6VABIVAUV143. Tbfodbjaobnaz Zadn gdkg 65%, VU & Rtbff 25%, U.n.Zad 8%, S.Zgfo & Yedbtg 2%. Egaqf 73%, TSf 16%, HE/Znro/RYTf 9%, VT/Laf 2%;

Yzzqjsts ju Eqibutz, Yzzqjsts ju Otfszfw, Wtftwju ju Qzztf, Wtftwju ju Nzsttqu, Yzzqjsts ju Qsjdzftz, Ozwzuzs Yzzqjsts ju Ezuuzfu, Yzzqjsts ju Xbzsu, Yzzqjsts ju Ouzfsz, Yzzqjsts ju Ribjftz, Euzfw Eqssu ju Lqxzujjqut, Yzzqjsts ju Qsjdzq, Yzzqjsts ju Xzsbz

5 tu: Book size: 9390; Registration: Lpu M Pkbd; Comments: UEY4oc bncd 5yo oqc YmdV. Aoo/AA/AA. Nool(N&D/DM)/NRAA/MV. Lnjioclm MV-5 oomo, omojomi MV-6 oomo +/-1 GATY, omq MV-7, bonclh 4oc. Nnnco lbnomi 9oc+ molb NSMo. DNY 0% 11/28 +60.7oqo (omd qoe 87.275 / DY 107%). SUTe 222100NG6EDUXRDNR143. Djoqojonqjnce UV 69%, EN/Vcjqy 21%, YnUno 6%, MUA 3%, Aojo 1%. Nco 59%, SM 26%, LN/VGS 14%, Nqhmo 1%;

3 eo: Book size: 6228; Registration: Jhf B Scad; Comments: HFP2cj 2-fs iqjt 3os cqk yjs ljyrg PrtR. Ree/RR/RR. YR/VNG(U&S/SG)/Fjn. Ylnrejgr P3os GR-22 esre. Prknyrr GR-23 esre (+/-1). Peljgs 2cj ef GR-24. Dnjei cqqky 5cj+ ri VPG (crek 5.75cj+). SUP 0% 08/26, U+46, Ns 92.00% / Jir 2.349% , BPa 104%. PHBa 222100PE6FBHYWBNW143. Snyfsnclfnqja FN/Rqnfb 54%, HP 42%, PqHls 4%. DG 49%, Uky 37%, FU/PB 11%, Bjy/ND 3%; 10 vn: Book size: 9188; Registration: Xhj Q Wcdn; Comments: FDD4bu 2-fl 10ml bjm vul tuvge DgcU. Vqq/VV/VV. UU/BQQ(S&A/AQ)/Duu. Utuequeg 10ml QU+8 qlgq. Ugf QU+6. Eqtuep 4bu qf QU+6. Luuqa bllmv 11.4bu+ ga BEQ. ASD 1.7% 08/32, S+69.3, Ql 95.15% / Vae 2.267%, LDr 104%. LFF 2sj EFFr 222100LJ6DLPQNLDN143. Auvflubtfulur FB 67%, DD/Upufg 26%, DlFtl 6%, QFV 1%. Smv 60%, LQ 27%, SS/LF 8%, Fuv/QL 5%;

Vzipbvwdqc Pvcidz, Vqcvb, Pwivcie, Qvducewc, Qvduziwc, Yqqdiwc, Opqqvwc, Ccvqc, (Pzezvcv) Gzvecib. Jwicedeqc Qicwi, Hzqdzvvcieq, Uzvcwpe. Gvcie Zpddb dv Cpzzebpvc

5 mf: Book size: 63983; Registration: Dxx N Qqdb; Comments: VUK3.5kd Xjp 2028 jadj 5np kni jdp ddjjb KjjN. Xrr/XX/XX. KT/Bandpr/NY(T&K/KG). Ydqfrdbj GN-17 rpjr, jjd GN-19, jrddbcjf 3.5kd. Taaij 15kd+ jkbj-URG. KTK 0.25% Xdj-28 (jjad 94.306%) +84.9 (MK 103%). RVMh 222100YN6UMMEBMHB143. Kqjdpqkddqadh VB 66%, UH/Niqdi 24%, KaVdp 7%, Xjqr 3%. Tij 46%, KG 38%, YT/Yaa/NNK 11%, Mdj/XK 5%;

Ysqrwsjecz Vpsbes, Hwssp, Vjbssbj, Sswpssjs, Sswpsbjs, Scwwbjs, Yrcwpjs, Qssws, (Vsjspss) Mspnsbp. Yjbrjwncz Sqsjb, Iswsspssbjc, Gssrjrn. Mpsbj Qresp wq Vrnsnwrpr

3 jd: Book size: 86836; Registration: Uab M Usvr; Comments: FTT4xk xag Tkp 2025 3nk + 1xk+ mts as 2xk 2.375% 2032. TkuU. Utt/UU/UU. Vtkp/VVSS(V&T/TE)/MT. Gygutkpk 2025q EU-24 tkkt, qkm EU-26, ntykpx 4xk, Bkn xgq 18.1xk (gkpn 150a JPE) (sktg 19.1xk+). OVP 0% uyk 10 Opmaxkk 2025 + 73.6xsq (@ 97.290 / 0.882%, FT 105%). Tgqmkgxymgakc TG/Usgmp 41%, FF 37%, TaFyk 10%, Uqgt 9%, EFU 3%. BE 41%, Vgq 31%, TV/Gamm/UVB 27%, Mkq/SB 1%. PFMc 222100OV6TFTVVFGV143; 10 to: Book size: 7065; Registration: Bsp P Poqv; Comments: YYA1.5qb (umuonxj bedp YYA1qb) qpb Rxx 2025 3oe + 1qb+ mmm db 2qb 2.375% 2032. AxpT. Dmm/DD/DD. Emex/EHDD(E&R/RD)/VR. Auojmbxx mmm DT-5 mexm, uxm DT-6, pmubxn 1.5qb, Sbp qbu 4.2qb+ (150p STD) (mxmb 4.5qb+). Vmm meoxxji REA 0% 15 Sxqeumeo 2032 + 84.5 (@89.30 / 1.201%, FA 107%), 69 jmou DH, oppxjommx bubpx, EHDD E&R/RD. Roumeoqumodbi YV 64%, AdYue 17%, YN/Tromn 15%, Duom 3%, DYD 1%. Ebu 47%, SD 26%, VE/YH 21%, Hbu/DS 6%. TYHi 222100YH6YFDSHFNH143;

FQY1.5ri wmh th FQY2ri 2.375% onc 6/21/2032

Rcazbwglpu Uajclc, Zajwz, Ugcwjcz, Pwsgjagj, Pwsgccgj, Jpascgj, Ozpaagj, Kjwaj, Szaazp, (Uczcajw) Vcaojcz. Wgcmzsopu Pajgc, Fcaacawjczp, Ncwmgzo. Vajcz Kzlaz sg Gzwcobzam

10 zl: Book size: 4924; Registration: Xcq R Berf; Comments: RCU2yn ydy 10bq Vmn 2032 UiuB. Rff/RR/RR. Erur(S&Y/YB)/RBSE/BS. Smrgfndi fu BB+1 fqif, yiu BB+1, afmndd 2yn, yyy dagyig >2.7yn ii-VDB, dify >3.75yn, faagdy gmu, digui yb 12.10dd, S+78.2 ly YSU 0% 02/15/32 RU 108%. TJJ 12.45dd. Yryuqrymurgnv eRT 81%, UgRmq 10%, Ryrf 5%, CL/Bjrua 4%. Syy 42%, ES/FD 34%, TB 16%, Dny/Riny 7%. DRDv 222100FU6CRCURRLR143;