Commentary & Deal Flow

Norddeutsche Landesbank - Girozentrale -, (ticker: "NDB Corp") rated Aa2/AA- (Moody's/Fitch), has mandated ABN AMRO, BayernLB, Erste Group, IMI - Intesa Sanpaolo and NORD/LB as Joint Lead Managers for its upcoming €500m (no grow) 5yr Green Senior Preferred offering.

The transaction is expected to be launched in the near future, subject to market conditions.

• Target Market: The target market for the bonds is eligible counterparties, professional clients and retail clients, each as defined in MiFID II / UK MiFIR product governance (all channels for distribution of the bonds are appropriate).
• Documentation: The Notes will be issued under the Issuer´s Programme for the Issuance of Debt Instruments (“DIP”), Base Prospectus dated 08-May-26, supplemented 13-May-26 (together, the “Prospectus”). The Base Prospectus, Supplement and the Final Terms, when published, will be available on https://www.nordlb.de/unsere-leistungen/kapitalmarktportal/prospekte (German) and https://www.nordlb.com/our-products-services/capital-market-portal/prospectuses (English).