Book size: 3500; First Pay: 2026-12-20; Redemption: 2032-12-20; Registration: Reg S Only; Comments: UKT 4.250% 06/07/2032 @97.125 / 4.831%. Tax Call: Yes. Regulatory Call: Yes. LEI: 549300XFX12G42QIKN82;

The net proceeds of the issue of the AT1 securities will in part be used to fund, in whole or in part, the acquisition by the Society of some or all of its outstanding £750,000,000 Reset Perpetual Contingent Convertible Additional Tier 1 Capital Securities (ISIN: XS2113658202) pursuant to the cash tender offer announced by the Society on 21 September 2026, and the remainder will be used by the Society to strengthen its regulatory capital base and for general business purposes consistent with the Society’s principal purpose as a UK building society