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Investor Presentaiton

Inaugural Sustainablity Bond - State of Berlin Transaction Review Final Terms Description and Transaction History State of Berlin Rating Aa1 (Moody's) / AAA (Fitch) / AAA (Scope) ■ Increased investor outreach before launch • Two well-received Global Investor Calls in German and English • Eleven investor meetings as one-on-ones Allocation by Investor Type Asset Manager. 33% Format Issuance Volume Treasury note EUR 750mn (no-grow) 2.75% p.a., act/act, ICMA Coupon Pricing Date 06. Februar 2023 Settlement Date 14. Februar 2023 Maturity Date 14. Februar 2033 Reoffer Price 99.200% MS - 2 bps Reoffer Spread Alignment of the framework with the "ICMA Principles" • Seven green and five social project categories that contribute to 12 UN SDGs according to the SPO by ISS ESG • 27 percent of emissions proceeds go to 18 green projects and 73 percent to 18 social projects ■ Announcement on February 3, 2023 • 10-year bond with a volume of EUR 750mn no grow • Opening of the order books on Monday, February 6, 2023 with a guidance of MS +1 bp area Banks 43% Bund Denomination Reoffer Yield Reoffer-Spread to 2.843% + 59.4 bps vs. DBR 1.70% 8/2032 EUR 1.000,- Listing Berlin Joint Lead Managers ISIN CACIB / Deka Bank / DB / Rabobank / UniCredit DE000A3MQYP1 Page 30 Largest order book of all syndicated Berlin bonds • High quality orders from the first minute • With a granular order book of over EUR 3.6 billion, fixing of the reoffer spread at MS -2 bps • Despite 3 bps tightening, order book continues to grow to over EUR 5bn Others . Greenium of one basis point 1,7%. ■ More than 120 investors Allocation of 2/3 of the issue to sustainable investors BeNeLux 3,8% Other Europe 4,5% Senate Department of Finance - Investor Presentation April 2024 Allocation by Region Central Banks 11% Others 3% Germany 43,7% Insurances 10% Southern Europe 22,7% France 11,7% Austria/Switzerland 11,9% B X
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