Book size: 14300; First Pay: 2026-06-22; Registration: Reg S Only; Comments: EUR2bn long 10y cpn 3.375% at 99.549, yld 3.429%. Spread: OLO+17bps. OLO 3.4% 06/22/2036 (101.230 / 3.259%). LEI: 9676003JDGYZ0V9FF348;

Reoffer: Long 10yr: OLO+17bp / 99.549 / 3.429% Benchmark: OLO 3.4% 06/22/2036 @ 101.230 / 3.259% Books: Above €11bn (excl. JLM - pre-rec) Launched: Long 10yr: €2bn @ OLO+17bp Rvsd Guidance: OLO+19a Guidance: OLO+21bp area (~MS+69bp area) Issuer: The Flemish Community Ticker: FLEMSH LEI: 9676003JDGYZ0V9FF348 Issuer Rating: AA- stable outlook (Fitch) Issue Rating: AA- (Fitch) Format: Reg S, Senior Unsecured Tenor: Long 10-year Maturity: 22 June 2036 Settlement: 25-Feb-26 Size: €2bn Coupon: 3.375% Fixed, Annual ACT/ACT (short first on 22 June 2026) Spread: OLO+17bp Reference: OLO 3.4% 06/22/2036 (101.230 / 3.259%) Reoffer: 99.549 / 3.429% ISIN: BE0390296656 Docs: EMTN Programme Denominations: €100k + €100k UoP: Finance the budget deficit in general and the expenditures for capital participations (ESA-8) and for loans (ESA-9) Listing: Euronext Brussels (regulated market) Governing Law: Belgian Target Market: Manufacturer target market (MIFID II and UK MIFIR product governance) is eligible counterparties and professional investors only (all distribution channels) Advertisement: https://www.vlaanderen.be/en/finance-flanders/finance/financial-instruments/euro-medium-term-note Bookrunners: Deutsche Bank (B&D), HSBC, ING, UniCredit Timing: Priced / TOE 14.43 CET / FTT immediately

Finance the budget deficit in general and the expenditures for capital participations (ESA-8) and for loans (ESA-9)