Commentary & Deal Flow

Guidance: 4yr: MS+28a

• Issuer: Kookmin Bank (the “Issuer”)
• LEI: 549300XXMOJSIW8P4769
• Issuer Ratings: Aa3 (stable) by Moody’s, A+ (stable) by S&P, and A (stable) by Fitch
• Exp. Issue Ratings: AAA by S&P / AAA by Fitch
• Security Type: Statutory Covered Bond under the Korean Covered Bond Act
• Format: Reg S, Registered form, Category 2
• Issue Size: EUR Benchmark
• Settlement: 21-Sep-26 (T+5)
• Maturity: 21-Sep-30, Soft Bullet
• Coupon: Fixed Rate, Annual Act/Act
• Terms: EUR 100k/1k Denoms, SGX & Frankfurt Listing, English Law
• JLMs: BNP Paribas, Commerzbank, Crédit Agricole CIB* (B&D), ING**, KB Securities, Societe Generale
• Co-Manager: DZ Bank
• UOP: To finance new loans or refinance existing loans that have been issued within 24 months prior to the Issue Date and which fall under the Green and Social Eligible Categories as identified in the Kookmin Bank Sustainable Financing Framework dated May 2024
• Advertisement: The Final Offering Circular, when available, will be published on the website of the Singapore Exchange https://www.sgx.com/stock-exchange/prospectus-circulars-offer-documents?prospectusType=Information%20Memorandum
• Timing: Books Open, Today's business