Commentary & Deal Flow

Launched: 3yr: US$1.25bn @ MS+24bp - Books closed in excess of US$3.2bn (ex JLM)
Spread set at: 3yr: MS+24bp - Books in excess of US$3.4bn (ex JLM)
Guidance: 3yr: MS+25a - IOIs in excess of US$2.5bn (ex JLM)
IPTs: 3yr: MS+27a

• Issuer: Oesterreichische Kontrollbank AG ("OKB")
• Guarantee: Explicitly Guaranteed by the Republic of Austria
• Expected Issue Ratings: Aa1/AA+ (Moody's/S&P) (Negative/Stable)
• Format: SEC Registered Global
• Size: US$1.25bn
• Maturity: 29-May-29
• Settlement: 29-May-26 (T+7)
• Coupon: Fixed, Semi-Annual, 30/360
• Spread: SOFR Mid-Swap SA 30/360+24bp
• Governing Law: New York
• Listing: Luxembourg Stock Exchange's Regulated Market
• Denominations: US$1k x US$1k
• Documentation: Issuer's Global Issuance Facility
• Target Market: Retail / Professional / Eligible Counterparties (all distribution channels each as defined in MIFID II / UK MIFIR)
• Joint Leads: BNP/Goldman Sachs Bank Europe SE/RBC Capital Markets/TD Securities
• Timing: Books closed, allocations and pricing to follow
• Advertisement: Base Prospectus of the Global Issuance Facility is available at: https://www.oekb.at/en/dam/jcr:66c463ee-b936-4443-887f-ad4689c6ea8a/US%20Shelf%20Schedule%20B_Nov2026_as%20filed.pdf