Registration: 144A/Reg S; Registration: 144A/Reg S; Registration: 144A/Reg S; Registration: 144A/Reg S; Registration: 144A/Reg S;

Nissan Motor Co Ltd (NSANY) approximately US$4.52bn (up from US$4bn) equivalent (US$/EUR) 144A/Reg S sr notes 5-part. Ba2/BB/BB (negative/negative/negative). Via MS (B&D)/Mizuho jt glocos, US$ Citi/BofA/HSBC jt books, BNP, JPM, SMBC, SocGen, USB, WFS, BBVA, IMI, StanChart as co-managers; EUR SMBC/SocGen/BNP jt books, BofA, Citi, HSBC, JPM, USB, WFS, BBVA, IMI, StanChart as co-managers. No reg rights. List Lux. NY law. Settles 07/17 (T+5). $520m upsize for GCP. - US$1bn (from US$750m minimum) due 07/17/30 (5y). NCL (06/17/30) (MWC T+50). (1mo par call). Pays January 17 and July 17, starting 01/17/26. CoC at 101. Denoms: 200x1. 144A CUSIP: 654922AB9. IPT: mid 7s. Price talk: 7.50% area. Launch: US$1bn at 7.50%. Priced: 7.50% at 100. +355bp vs 3.875% 06/30/30. - US$750m (from US$750m minimum) due 07/17/32 (7y). NCL (05/17/32) (MWC T+50). (2mo par call). Pays January 17 and July 17, starting 01/17/26. CoC at 101. Denoms: 200x1. 144A CUSIP: 654922AC7. IPT: high 7s. Price talk: 7.75% area. Launch: US$750m at 7.75%. Priced: 7.75% at 100. +360bp vs 4.00% 06/30/32. - US$1.25bn (from US$750m minimum) due 07/17/35 (10y). NCL (04/17/35) (MWC T+50). (3mo par call). Pays January 17 and July 17, starting 01/17/26. CoC at 101. Denoms: 200x1. 144A CUSIP: 654922AD5. IPT: low 8s. Price talk: 8.125% area. Launch: US$1.25bn at 8.125%. Priced: 8.125% at 100. +376bp vs 4.25% 05/15/35. - EUR800m (from EUR 500m-750m and from EUR500m minimum) due 07/17/29 (4y). NCL (06/17/29) (MWC B+50) (1mo par call). Pays annual on July 17, starting 07/17/26. CoC at 101. Denoms: 100x1. Reg S ISIN: XS2999659704. IPT: high 5s. Price talk: 5.50% area (+/- 12.5bps). Revised price talk: 5.375% area (+/- 12.5bps) WPIR. Launch: EUR800m 5.25% at par. Priced: 5.25% at 100. +316bp vs OBL 2.10% 04/12/29. - EUR500m (from EUR500m minimum) due 07/17/33 (8y). NCL (05/17/33) (MWC B+50) (2mo par call). Pays annual on July 17, starting 07/17/26. CoC at 101. Denoms: 100x1. Reg S ISIN: XS2999659886. IPT: high 6s. Price talk: 6.50% area (+/- 12.5bps). Revised price talk: 6.50% area (+/- 12.5bps) WPIR. Launch: EUR500m 6.375% at par. Priced: 6.375% at 100. +390bp vs DBR 2.30% 02/15/33. Roadshow (small group calls) 07/07-08 (investor call at 10:30am NYT/3:30pm UKT 07/07) (MS is coordinating logistics). US books closed at 5pm 07/09. EUR books closed at 1pm UKT 07/10. EUR 4NCL books in excess of EUR 2.3bn and EUR 8NCL in excess of EUR1.8bn. UOP: GCP, including refinancing outstanding debt. Nissan is also sold in Asia and Europe YEN200bn (up from YEN150bn) cvt bonds due 07/15/31 with stock acquisition rights. ($520m upsize for GCP). Priced: 1.00% coupon at 102.50 (100 redemption at maturity), amount of assets to be Contributed upon Exercise of Stock Acquisition Rights: equal to the principal amount of the Bonds, Conversion Price: YEN397.2, Conversion Premium 30.02% (reference share price on the Tokyo Stock Exchange YEN305.5). (vs price talk of: issue price 102.50, redemption at maturity 100.00, coupon 0.25%-1.00%). Closing 07/25, via Mizuho+. Biz: full-line global automobile and auto parts manufacturer. HQ: Yokohama, Japan.Netroadshow entry code: Nissan2025.