Publication of Final Terms - Covered Bond issuance

Summary by AI ^BETAClose X

ASB Bank Limited has published Final Terms for its €500,000,000 Series 2026-1 2.7592 per cent. Covered Bonds due 26 August 2031, which are irrevocably and unconditionally guaranteed by ASB Covered Bond Trustee Limited. These bonds are issued under the bank's €7,000,000,000 ASB Covered Bond Programme, with the Base Prospectus dated 12 November 2025.

Disclaimer*

ASB Bank Limited

25 February 2026

ASB Bank Limited

Issuer Legal Entity Identifier (LEI): 549300IBZWZL1KTPF918

Publication of Final Terms

The following Final Terms are available for viewing:

Final Terms dated 24 February 2026 relating to the €500,000,000 Series 2026-1 2.7592 per cent. Covered Bonds due 26 August 2031 issued by ASB Bank Limited irrevocably and unconditionally guaranteed as to payment of principal and interest by ASB Covered Bond Trustee Limited as described in the Base Prospectus dated 12 November 2025 (as supplemented from time to time) (the Prospectus) relating to its €7,000,000,000 ASB Covered Bond Programme (the Programme)

To view the full document, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/2594U_1-2026-2-25.pdf

A copy of the Final Terms has also been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Stephen Lucas, General Manager Treasury
Level 2 ASB North Wharf, 12 Jellicoe Street, Auckland 1010, New Zealand
email: funding@asb.co.nz

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Final Terms and the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus relating to the Programme) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Final Terms is not addressed. Prior to relying on the information contained in the Prospectus and/or the Final Terms you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

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