FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 10/27/2025
Issue	¦ QNB Finance Ltd - Series 428 USD 30,000,000 FRN due August 2027
ISIN Number	¦ XS2511311552
ISIN Reference	¦ 251131155
Issue Nomin USD	¦ 30000000
Period	¦ 8/4/2025 to 11/3/2025						Payment Date 11/3/2025
Number of Days	¦ 91
Rate	¦ 5.82394
Denomination USD	¦ 10000			¦ 30000000					¦
Amount Payable per Denomination	¦ 147.22			¦ 441648.78					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

View source version on businesswire.com: https://www.businesswire.com/news/home/20251028191358/en/