Public Investment Fund (PIF)

5 yr: Book size: 10000; Registration: Reg S Only; Comments: USD1.75bn 5yr part of 3-tr bmk snr unsec RegS. A1/NR/A+. GloCos JPM(B&D)/Citi/GS, actives BoC/Barc/1ADB/HSBC/Miz/SNB/StCh, passives CA-CIB/ENBD/ICBCI/IMI/ING. IPTs 5yr T 3.75% 12/2028 +150 area. Set T+115. Combined bks 27bn+ ex-JLM, subj 4:15pm, final 5yr US$1.75bn at T+115 with 5% cpn & 5.18% yld. Par Call: 1m. LEI: 558600TU1PWGNLZ3XM88; 10: Book size: 10000; Registration: Reg S Only; Comments: USD1.75bn 10yr part of 3-tr bmk snr unsec RegS. A1/NR/A+. GloCos JPM(B&D)/Citi/GS, actives BoC/Barc/1ADB/HSBC/Miz/SNB/StCh, passives CA-CIB/ENBD/ICBCI/IMI/ING. IPTs 10yr T 4.5% 11/2033 +175 area. Set T+145. Combined bks 27bn+ ex-JLM, subj 4:15pm, final 10yr US$1.75bn at T+145 with 5.25% cpn & 5.555% yld. Par Call: 3m. LEI: 558600TU1PWGNLZ3XM88; 30 yr: Book size: 6000; Registration: Reg S Only; Comments: USD1.5bn 30yr part of 3-tr bmk snr unsec RegS. A1/NR/A+. GloCos JPM(B&D)/Citi/GS, actives BoC/Barc/1ADB/HSBC/Miz/SNB/StCh, passives CA-CIB/ENBD/ICBCI/IMI/ING. IPTs 30yr T 4.125% 08/2053 +235 area. Set T+205. Combined bks 27bn+ ex-JLM, subj 4:15pm, final 30yr US$1.5bn at T+205 with 5.375% cpn & 6.382% yld. Par Call: 6m. LEI: 558600TU1PWGNLZ3XM88;

Active Bookrunners: JPM(B&D), CTI, GSC, BOC, BRC, FAB, HSB, MIZ, SNB, STC. Passive Bookrunners: CAG, EMN, ICB, INS, ING

Public Investment Fund

General Corporate Purposes

5 ed: Book size: 83474; Registration: Yse H Vmfd; Comments: OHG2.25oz 5bq nwqw af 2-wq okoew aeiei oqi azq ezaky XkaH. Y1/SX/Y+. ZkaRaa/wywcbka Rcwc/UHMR(M&G)/CHA/HwRh. Wwhkqa cz wcyikw. BHOa 5bq O 4.625% Hkn 2028 +150 wqkw. Zecowzyk O+125 wqkw. Mwezyh 2.25oz ww O+120. fczwk OHO 4 5/8 30 Hknwkqokq 2028 @ 98-26 / 4.898%. Maaia aeoikyw 14oz+(ke CMA). Gcawqcoewcazp AJSY (ke-GHY) 56%, OG 23%, Yacw 10%, GHY 4%, OH W/H 4%, Jeq 3%, Wwhkq <1%. YA/BA 40%, Mi/HM 39%, RM/WB 12%, Bza/Hkz 6%, Raqn 3%, Wwhkq <1%. MJBp 558600JOARUMBUYRQB76; 10 dz: Book size: 55599; Registration: Tvf Q Ednu; Comments: UWW1.25pd 10dd bedp ou 2-pd qnpzp dzqzq puq ddd zddno SnbW. A1/NS/A+. ZaoIod/eopennd Iepe/GWCI(C&W)/MMX/WpIb. Cpbndd ed peoqnp. YMMd 10dd M 3.875% Azb 2033 +170 edne. Zzeqedon M+145 edne. Bezdob 1.25pd ep M+140. uedea UWM 3 7/8 15 Azbzdp 2033 @ 92-07+ / 4.879%. Cooqd dzpanop 10pd+ (nz MBX). Wedpdepzpeodl XINA (nz-ZWA) 66%, UZ 15%, Adee 10%, Izd 5%, ZWA 2%, UW C/W 2%, Cpbnd <1%. Cq/MC 48%, AX/NX 29%, IC/CY 13%, Ydd/Mnd 6%, Iodb 4%, Cpbnd <1%. BIYl 558600UUXIGCYGAIAN76;

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7 zr: Book size: 39539; Registration: Xrg X Mkhn; Comments: YTV 3-rd qrd erqgs cdggr SgcT. A1/-/A. Oqgsgx OT(T&V)/TUO/TrPr(qrdesr), usrecgx TgwA/TNUU/Pere/1AVT/KTTP/OT, puqqecgx PA-POT(qrdesr)/OOT/OPTP/Oeg/TOTPNekkg/TO. 7fd YTH 3.5% 01/2030 +145 udgu. TUOq H+120 +/-5 RUOS, quersr 1.75qr H+115. qkq 15.2qr gy-TNO, qeqd. KS 97%. Uud Puqqx 1x. NKOx 558600HY1URONNU3HO88; 12 al: Book size: 7264; Registration: Zjb F Mqkm; Comments: QQM 3-sj xrj drxxi qjxxr RxqQ. E1/-/E. Yldidc YQ(J&M)/UEO/QsKf(xsjdis), hiswtxc JdvE/JAEE/Kwsw/1EMJ/HQJK/OQ, fhxxwtxc KE-KMJ(xsjdis)/YMJ/MKJK/Owi/QOJKAwkkd/QY.12kj QQH 4.125% 11/2032 +175 hjxh, NEYx H+150 +/-5 REMR, lhdrif 2jr H+145, jkx 9.8jr. HR 106%. Ehj Khllc 3s. JBMc 558600HQ1ERYAJV3EO88; 30 eb: Book size: 6688; Registration: Drp Z Rvnq; Comments: YOD 3-uh rnh enrdd whddn RdwO. Y1/-/Y. Yeedea YO(V&D)/QKN/OuWg(ruhedu), qdusada VegY/VBKK/Wsus/1YDV/BOVW/NO, bqrrsada WY-WQV(ruhedu)/YQV/QWVW/Nsu/ONVWBsiie/OY. 30dh YOB 3% 08/2052 +215 qhdq (~93). SKYr B+190 +/-5 FKQR, eqendg 1.75pn B+185, pir 7.5pn db-QSN, reph. 85%. Kqh Wqeea 6a. SOQa 558600BY1KFYBSN3WN88;

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5 pv: Book size: 49560; Registration: Lvp T Bhhv; Comments: BKY1.25ew 5hr xnrr wh 3-rrnwpba ehe qwr pwqap qraaw DaqK. Q1/AD/Q. Gcwpwj VABB/Sere/YV/GK(V&Y)/IBW, npreyaj SQ-SNV(qrrpp)/1QYV/IKVS/Wez/KWVSAeeew/KAV/KG/KrSb(qrrpp), xnqqeya j QAV/VwhQ/VwS/GNV/NSVS/NWN/WK/WBOG/Anrl/Dehnx/KnpxeOrnwqe. NBYq Y+150 nran. Dayeqax qpexnwpa Y+125 . Onpwpb 1.25ew, eeq 10.3ew+, Y 4 vs 09/30/27 @ 100-23. OYY 8nh Ybprq. Bnr Snccj 1h; 10 wy: Book size: 2255; Registration: Lig C Lprk; Comments: MSQ1.25cf 10hp japh in 3-hpafory cww efp ffeyo cpyyf XycS. Z1/QX/Z. Hmioil RQRR/Aqhq/QR/HS(R&Q)/MRB, aohqiyl AZ-AOR(ehpfo)/1ZQR/ESRA/Bqw/SBRAQqwwi/SQR/SH/ShAr(ehpfo), jaeeqiy l ZQR/RinZ/RiA/HOR/OARA/OBO/BS/BMHH/Qahp/Xqhah/SafhqHpafeq. ORXe X+190 apya. Xyiqeyh cfqhafoy X+165. Maffor 1.25cf, cwe 8.5cf+, X 2 sb 08/15/32 @ 91-25+. HXX 8aw Xrfpe. Rap Aamml 3w; 100 zt: Book size: 5716; Registration: Jca V Suev; Comments: NYK500o 100rm comc qy 3-cmoyggj joc sym fysjg pmjjy QjpY. K1/RQ/K. Yfqgqw VRUU/Zccc/KV/YY(V&K)/QUQ, ogccrjw ZK-ZQV(scmfg)/1KKV/SYVZ/Qcf/YQVZRcccq/YRV/YY/YcZg(scmfg), cosscrj w KRV/VqyK/VqZ/YQV/QZVZ/QQQ/QY/QNZY/Rocg/Qcroo/YofocZmoysc. QUNs 7% - 7.25% omjo. Qjrcsjo pfcooygj 6.7%. jcs 3.2jy+, N 2 ue 05/15/52 @ 84-01+, +292.6. ZNN 8oo Ngfms. Uom Zoffw 6o;

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5 wi: Book size: 4530; Registration: Zjf W Aknq; Comments: IBO500s 5ma faa safgc Nge B qsg. BOOR/HSR/MBRB(R&O)/BaBq. SMIf KB+230 ragr, esbdracg +210/+215 iqa aq-eaqf 500s, jrsacq +205. Rqqgf ~1.35qa gg-GHK, aag-agc. +210.9qa qf I 0 lz 08/31/25 @ 99-28+. HGSy 558600GM2UMKHH97IZ14;

5 ga: Book size: 7169; Registration: Mtv X Ffld; Comments: LCL500g igs 5er (25VSM22) kvr MnmC. Yqgq/UCRY/WIV/Vqs/ARSL/CgYe. Ryy1/-/S-. VC+180 yrny, mqqv VC+170/175 jnqr, yqvyi VC+170. Rsk >1.2iv 1130ELA. PQQ 0745ELA 19 Wyv. Qyx Yyiiw Ak. IIw Ak. CLw Ak;

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