Commentary & Deal Flow

Book Update: 6yr: > €1.85bn | 9yr: > €1bn

Guidance: 6yr: MS+175bp - Book > €2bn 9yr: MS+230bp - Book > €1.3bn

IPTs: 6yr: MS+200a 9yr: MS+250a

• Issuer: Teleperformance SE (ticker: RCFFP, country: FR)
• Issuer LEI: 9695004GI61FHFFNRG61
• Issuer Ratings: BBB stable (S&P)
• Expected Issue Ratings: BBB (S&P)
• Format: Reg S bearer dematerialised senior unsecured (Cat.2)
• Size: 6yr: €700m, 9yr: €500m
• Maturity Date:
• • 6yr: 28-Mar-32
  • 9yr: 28-Jan-35
• Coupon: [●]% Fxd, Annual, Act/Act (ICMA), short first coupon
• Global Coordinators: Crédit Agricole CIB, Goldman Sachs Bank Europe SE (B&D), Société Générale
• Active Bookrunners: BNP Paribas, Citi, Crédit Agricole CIB, Goldman Sachs Bank Europe SE, HSBC, Natixis, Société Générale
• Documentations: EMTN Programme / French Law / 3m Par Call / MWC (vs. OAT)/ Clean-up @75% / CoC
• Denominations: €100k + 100k
• Listing: Euronext Paris
• UoP: General Corporate Purposes and the refinancing of existing indebtedness, including the partial refinancing of the Issuer’s EUR500m 0.250% bonds due 26th November 2027 (ISIN: FR0014000S75) and EUR700m 5.250% bonds due 22nd November 2028 (ISIN: FR001400M2F4), targeted by a Tender Offer simultaneously announced by the Company
• Target Market: The manufacturer target market (MIFID II/UK MIFIR product governance) is eligible counterparties and professional investors (all distribution channels). No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the United Kingdom
• Timing:
• • Books open, today’s business
  • Books subject at 12.40 UKT
• Pricing Date: 19-May-26
• Settle: 28-May-26 (T+7)
• ISIN:
• • 6yr: FR0014018LK2
  • 9yr: FR0014018LM8
• Marketing: LINK: https://dealroadshow.com/e/TP2026 or Visit https://dealroadshow.com and enter the entry code: TP2026
• Selling Restrictions: As set out in the EMTN Base Prospectus dated 11 December 2025 and supplemented on 13 May 2026
• Advertisement: Base Prospectus dated 11 December 2025, Supplement dated 13 May 2026 and Final Terms, when published, will be available on the website of the AMF: https://www.amf-france.org