FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 2/10/2026
Issue	¦ QNB Finance Ltd- Series 348 USD 33,000,000 FRN Due May 2026
ISIN Number	¦ XS2343511171
ISIN Reference	¦ 234351117
Issue Nomin USD	¦ 33000000
Period	¦ 11/18/2025 to 2/18/2026						Payment Date 2/18/2026
Number of Days	¦ 92
Rate	¦ 4.73705
Denomination USD	¦ 200000			¦ 33000000					¦
Amount Payable per Denomination	¦ 2421.16			¦ 399491.4					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

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