Stabilisation Notice

Summary by AI ^BETAClose X

JP Morgan SE has announced that no stabilisation activities were undertaken by the stabilisation managers in relation to the offer of EUR 500 million of 4-year fixed-rate notes and EUR 500 million of 8-year fixed-rate notes issued by the Republic of North Macedonia. The offer prices for these senior unsecured notes, listed on the London Stock Exchange's main market, were 99.095 for the 4-year notes and 98.065 for the 8-year notes.

Disclaimer*

J.P. Morgan SE

14 January 2026

14^th January 2026

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

THE REPUBLIC OF NORTH MACEDONIA (acting through the Ministry of Finance)

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 13^th January 2026, JP Morgan SE, (contact: Rishik Arya +442071342468) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Issuer:	THE REPUBLIC OF NORTH MACEDONIA (acting through the Ministry of Finance)
Guarantor (if any):	N/A
Aggregate nominal amount:	EUR 4yr - 500m EUR 8yr - 500m
Description:	EUR 4yr FXD EUR 8yr FXD Senior Unsecured, REGS/144A Listing: London Stock Exchange's main market
Stabilisation Manager(s):	JP Morgan SE (Stabilisation Coordinator) Erste Group Bank AG (Stabilisation Manager) Merrill Lynch International (Stabilisation Manager) Standard Chartered Bank (Stabilisation Manager)
Offer price:	4yr - 99.095 8yr - 98.065

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

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