FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 9/23/2025
Issue	¦ QNB Finance Ltd - Series 461 USD 40,000,000 FRN due March 2026
ISIN Number	¦ XS2606245392
ISIN Reference	¦ 260624539
Issue Nomin USD	¦ 40000000
Period	¦ 6/30/2025 to 9/30/2025						Payment Date 9/30/2025
Number of Days	¦ 92
Rate	¦ 5.81957
Denomination USD	¦ 200000			¦ 40000000					¦
Amount Payable per Denomination	¦ 2974.45			¦ 594889.38					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

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