Book size: 850; Comments: EUR750m(incl. EUR 250m retained by the issuer) 2yr cpn fxd 2.375% at 99.79, yld 2.484%. Spread: MS flat. BKO 2.1 03/15/28 / + 18.1 bp @ 99.60%, HR 99%;

Current outstanding amount: €750m (including €250m of retained bonds) Reoffer: 2yr: MS flat / 99.79 / 2.484% Benchmark: 2yr: BKO 2.1 15-Mar-28 @ 99.60% / B+18.1bp / HR 99% Allocs Out: Books closed above EUR 850mn (excl. JLM interest) Launched: 2yr: €750m @ MS flat - Books above €550m (excl. JLM interest) Guidance: 2yr: MS flat area ** Issue size EUR 750mn (incl. EUR 250mn retained by the issuer) @ MS flat** Issuer: State of Rhineland-Palatinate Ticker: RHIPAL Format: Landesschatzanweisung (0% rw, senior unsecured) Issuer Rating: AAA (Fitch, stable) Size: €750m (incl. €250m retained by the issuer) Coupon: 2.375% fixed, annual, Act/Act ICMA, unadjusted following Settlement: 16-Mar-26 (T+4) Maturity: 16-Mar-28 (2 years) Reoffer: MS flat / 99.79% / 2.484% Benchmark: BKO 2.1 15-Mar-28 / +18.1bp @ 99.60%, HR 99% Joint Leads: DekaBank(B&D), LBBW Target Market: Professional, retail and eligible counterparties each as defined in MiFID II (all channels for distribution of the bonds are appropriate) Denominations/Listing: German/Frankfurt/€1k+1k ISIN/WKN: DE000RLP1676/RLP167 Timing: PRICED, ToE 13.15 CET / FTT 13.30 CET