Book size: 1250; First Pay: 2026-10-22; Registration: Reg S Only; Comments: GBP500m 3.5yr cpn 3.75% at 99.989, yld 3.758% a./3.723% sa. Spread: SONIA mid-swap (A, A/365)+30bps. +14.1bps vs UKT 0 ⅞ 10/22/29 mid (mid @ 90.804% / bid @ 90.789 / HR 106%). LEI: 213800HYL1S7VAXG6Z48;

Reoffer: 3.75yr: SONIA MS+30bp / 99.989 / 3.758% Benchmark: 3.75yr: UKT 0⅞ 22-Oct-29 @ 90.804 / G+14.1bp / HR 106% Books: In excess of £1.1bn (excl. JLM) Spread set: 3.75yr: SONIA MS+30bp - Books in excess of £1.1bn (excl. JLM) IPT: 3.75yr: SONIA MS+31bp area Issuer: Nordic Investment Bank (NIB) Ratings: Aaa/AAA (stable/stable) (Moody's/S&P) LEI: 213800HYL1S7VAXG6Z48 Format: Reg S Bearer Size: £500m Ranking: Senior Unsecured Settlement: 03-Mar-26 (T+5) Maturity: 22-Oct-29 Coupon: 3.75% Fixed Annual, ACT/ACT ICMA, short first on 22-Oct-26 Reoffer: SONIA mid-swap (A, A/365) + 30bp Price/Yield: 99.989% / 3.758% annual / 3.723% semi-annual Benchmark Gilt: UKT 0⅞ 22-Oct-29 mid @ 90.804% / bid @ 90.789 / HR 106% / G+14.1bp Denominations: £1,000 + £1,000 Listing: London Stock Exchange Docs: Issuer's EMTN Programme Joint Active Bookrunners: BMO/Citi/RBC (B&D) ISIN: XS3307980170 Timing: Priced. TOE 13:02 UKT. FTT immediately Target Market: Eligible counterparties, professionals and retail (all distribution channels, MiFID II/UK MiFIR product governance)