Commentary & Deal Flow

5yr: Final Books >€1.15bn. Peak book >€1.4bn (pre-reconciliation)

Launched: 5yr: €500m @ MS+65bp - Books >€1.4bn (pre rec)
IPTs: 5yr: MS+90a

• Issuer: La Poste
• Ticker: FRPTT
• Country: FR
• Issuer LEI: 9695000YG7TR7PAP0L59
• Issuer Ratings: A (Stable) S&P / A+ (Stable) Fitch
• Exp. Issue Ratings: S&P: A / Fitch: A+
• Format of notes: Senior, Unsecured, Reg S Bearer Cat 2, Dematerialised
• Size: €500m
• Ranking: Senior Unsecured
• Active Bookrunners: Crédit Agricole CIB, Commerzbank, HSBC (B&D), ING, La Banque Postale, Mizuho
• Pricing Date: 1-Sep-26
• Settlement Date: 8-Sep-26 (T+5)
• Maturity: 8-Sep-31
• Coupon: Fixed, Annual, ACT/ACT
• Reference Benchmark: OBL 2.5 Apr-31 #193 / HR 107%
• ISIN Code: FR001401AQR7
• Documentation: EMTN Programme dated 23-Apr-26 / French Law / €100+100k / Euronext Paris / 3m Par-Call / Clean-up Call (80%) / MWC vs FRTR 1.5 May-31
• Use of Proceeds: General Corporate Purposes
• Hedge Deadline: 15.05 UKT / 16.05 CET
• Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels) only. No PRIIPs key information document (KID) has been prepared as not available to retail in EEA or in the UK
• Advertisement: The Base Prospectus is available at www.amf-france.org and the Final Terms when published will also be available at www.amf-france.org