Book size: 1900; First Pay: 2027-03-03; Registration: Reg S Only; Comments: EUR1bn 8yr Social, cpn 3.00% at 99.776, yld 3.032%. Spread: MS+40. DBR 2.2 02/15/34 @ 97.24 / B+44.5bps. LEI: 549300E6W08778I4OW85;

Reoffer: 8yr: MS+40bp / 99.776 / 3.032% Benchmark: 8yr: DBR 2.2 15-Feb-34 @ 97.24 / B+44.5bp Launched: 8yr: €1bn @ MS+40bp (Books above €1.9bn+ incl. €360m JLM (pre-rec) good at reoffer) Spread set at: 8yr: MS+40bp (Books above €2.1bn+ incl. €360m JLM (pre-rec); Size exp €1bn; Books to close at 10.45 UKT / 11.45 CET) Guidance: 8yr: MS+46bp area Issuer: Caisse Française de Financement Local (CAFFIL) LEI: 549300E6W08778I4OW85 Type: Public Sector Obligations Foncières - ECBC Covered Bond labelled / CRD IV-compliant - EU harmonisation label European Covered Bond (Premium) Format: Reg S, Bearer Dematerialised Expected Ratings: Aaa/AAA (Moody's/DBRS) ESG Ratings: AA by MSCI / Prime C by ISS ESG Size: €1bn Pricing Date: 20-Feb-26 Settlement: 03-Mar-26 (T+7) Maturity: 03-Mar-34 (Hard Bullet) Coupon: 3.000%, Fixed, Annual on each 03rd March, Act/Act ICMA Reoffer: MS+40bp / 3.032% / 99.776 Benchmark: DBR 2.2 15-Feb-34 @ 97.24 / B+44.5bp Listing: Paris and Luxembourg Denominations: €100k + €100k Governing Law: French Target Market: MiFID II / UK MiFIR professionals/ECPs-Only/No PRIIPs KID – Manufacturer target market (MiFID II and MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or in the UK Use of Proceeds: Will be used to finance and/or refinance, in whole or in part, Eligible Social Loans (including the financing and/or refinancing of French public hospitals formerly covered by the Sfil Group social note framework) as defined in the Sfil Group Green, Social and Sustainability Bond Framework Joint Lead Managers: BNP Paribas, Crédit Agricole CIB (B&D), J.P. Morgan (DM), La Banque Postale, LBBW, Société Générale Co-Leads: Helaba, Deka, NordLB and UBS Fees: The Banks will be paid a fee by the Issuer in respect of the placement of the securities. ISIN: FR0014016LD1 Documentation: Off EMTN Programme - Base Prospectus dated 10-Jun-25 - https://sfil.fr/programme-demission/ Advertisement: This communication is an advertisement and is not a prospectus. The Base Prospectus, any supplements thereto, and the Final Terms (when published) are available at https://sfil.fr/en/issuance-programs/?entite=caffil Investor Presentation: https://sfil.fr/wp-content/uploads/2025/03/20260210-Sfil-Group-Investor-Presentation.pdf GSS Framework: https://sfil.fr/wp-content/uploads/2025/03/Green-Social-and-Sustainability-Bond-Framework-2024.pdf Press Releases for Sfil's 2025 Results (English): https://sfil.fr/wp-content/uploads/2026/02/Sfil-2025-Results.pdf Timing: TOE 13.04 UKT / FTT 13.15 UKT

Will be used to finance and/or refinance, in whole or in part, Eligible Social Loans (including the financing and/or refinancing of French public hospitals formerly covered by the Sfil Group social note framework) as defined in the Sfil Group Green, Social and Sustainability Bond Framework