Commentary & Deal Flow

IPTs: 6yr: MS+120a 10yr: MS+155a

• Issuer: Amprion GmbH (Ticker: AMPRIO, Country: DE)
• Issuer LEI: 529900ZIV0ETYHYZM863
• Issuer Rating: Baa2 (stable outlook) by Moody's / BBB+ (stable outlook) by Fitch
• Expected Issue Rating: Baa2 by Moody's / A- by Fitch
• Rating Split: Issuer: Baa2/BBB+ (Moody's/Fitch), Issue: Baa2/A- (Moody's/Fitch)
• ESG Ratings: Low Risk ESG Risk Rating by Sustainalytics & ESG Rating of 2 on Entity, Framework and Instrument respectively by Sustainable Fitch
• Format: Unsecured, unsubordinated, Reg S, Bearer, Green
• Pricing: 5-Oct-26
• Settlement: 13-Oct-26 (T+6)
• Size: € Benchmark (each tranche)
• Maturity:
  • 6yr: 13-Oct-32
  • 10yr: 13-Oct-36
• IPTs:
  • 6yr: MS+120a
  • 10yr: MS+155a
• Coupon:
  • 6yr: Fixed (annual), Act/Act
  • 10yr: Fixed (annual), Act/Act
• ISIN:
  • 6yr: DE000A5GS7K6
  • 10yr: DE000A5GS7L4
• Docs: Euro MTF / DIP / German Law / €100k + €100k / 3m Par Call / Tax Call / Clean-up Call (75%) / Change-of-Control Put
• Selling Restrictions: As set out in the base prospectus dated 17-Apr-26, supplemented on 21-Aug-26 and 2-Oct-26 (the "Base Prospectus")
• Sales into Canada: Sales into Ontario/Alberta/British Columbia, subject to compliance with applicable law
• Use of Proceeds: New issue proceeds will be allocated as set out in the Issuer's Green Finance Framework and in the Base Prospectus
• Target Market: Manufacturer target market (MIFID II (Directive 2014/65/EU (as amended)) product governance) is eligible counterparties and professional clients (all distribution channels). No EU or UK PRIIPs key information document (KID) has been prepared as the Notes are not available to retail investors in EEA or UK.
• Stabilisation: FCA/ICMA stabilisation applies
• Global Coordinators: BNP Paribas, BofA Securities, ING
• Joint Lead Managers: BayernLB, BNP Paribas (B&D), BofA Securities, Crédit Agricole CIB, DZ BANK AG, Helaba, ING
• Timing: Books open, today's business
• Marketing: A pre-recorded fixed income investor presentation is available at www.netroadshow.com/nrs/home/#!/?show=7020cbd9
• Advertisement: This communication is not an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus is available and the Final Terms, when published, will be available at: https://www.luxse.com