Investor Presentaiton

Issuance in 2017 DSL New 10-year DSL (2027) On-the-run 5-year DSL (2022) New 7-year DSL (2024) Reopening longer dated off- the-run DSLS Indicative amount (€ bn) 15.0 7.0 Realized amount (€ bn) 8.0 7.4 5 - 7.5* 0 3- 5.5 2.1 Total DSL funding 30 - 35 17.5 * Will be reopened again in 2018 to reach at least € 15 bn Source: www.dsta.nl 23 23 Investor presentation Mexico City

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