Commentary & Deal Flow

Launched:
3yr: €500m @ MS+35bp - Books > €2.4bn (Pre-rec)
9yr: €500m @ MS+73bp - Books > €2.6bn (Pre-rec)

Guidance: 3yr: MS+40a | 9yr: MS+80a - Combined books > €5bn
IPTs: 3yr: MS+70a | 9yr: MS+110a

• Issuer: Swisscom Finance B.V. (Ticker: SCMNVX, Country: NL)
• Guarantor: Swisscom Ltd. (Ticker: SCMNVX, Country: CH)
• Guarantor Ratings: A2 (stable) by Moody’s / A- (stable) by S&P
• Expected Issue Ratings: A2 by Moody’s / A- by S&P
• Issuer / Guarantor LEI: 549300L41E8X8K71RV25 / 5493005SL9HHOXS3B739
• Format: Senior unsecured, Bearer Note, Global Note in NGN form
• Settlement Date: 20-May-26 (T+7)
• Size:
• • 3-year: €500m
  • Green 9-year: €500m
• Maturity:
• • 3-year: 20-May-29
  • Green 9-year: 20-May-35
• Coupon:
• • 3-year: Fixed, Annual, ACT/ACT
  • Green 9-year: Fixed, Annual, ACT/ACT
• Par Call:
• • 3-year: 1m Par Call
  • Green 9-year: 3m Par Call
• UoP:
• • 3-year: General corporate purposes, including to refinance existing indebtedness of the group
  • Green 9-year: An amount equivalent to the net proceeds will be used to finance or refinance, in whole or in part, Eligible Green Projects (as defined under the paragraph entitled “Introduction” in the section “Green Bond Framework” of the Base Prospectus”)
• ISIN:
• • 3-year: XS3376380310
  • Green 9-year: XS3376678721
• Docs: €10bn EMTN Base Prospectus dated 08-May-26/ Luxembourg listing, regulated market / English Law / €100k+1k / MWC / Tax Call / Clean-up Call (80%)
• Selling Restrictions: Reg S Cat 2; TEFRA D (as per the base prospectus)
• Sales into Canada: Sales into Ontario, Alberta, British Columbia only, subject to compliance with applicable law
• Target Market: Manufacturer target market is eligible counterparties and professional clients only (all distribution channels). No EEA PRIIPs KID / CCI Regulations disclosure document – No EEA PRIIPs key information document (KID)/ CCI Regulations disclosure document has been prepared as not available to retail in EEA or UK
• Sole Global Coordinator & ESG structuring agent: ING
• Active Bookrunners: BNP PARIBAS, BofA Securities, ING (B&D), LBBW, Societe Generale, UniCredit
• Timing: Books open, today's business
• Books Subject: 12.00 UKT / 13.00 CET
• SPO & GBF: https://www.swisscom.ch/content/dam/assets/about/investoren/finanzierungen/documents/sustainable-fitch-2nd-party-opinion-2026.pdf; https://www.swisscom.ch/content/dam/assets/about/investoren/finanzierungen/documents/swisscom-green-bond-framework-2026.pdf
• Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 (as amended) and underlying legislation. It is not a prospectus. The Base Prospectus and any supplements are available and the Final Terms, when published, will be available at: https://www.luxse.com