Commerzbank AG (London Branch) - Pre Stabilisation Notice

KfW EUR Green bond due April 2031 Pre-Stabilisation Notice April 08, 2026 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Kreditanstalt für Wiederaufbau ("KfW") EUR Benchmark Fixed Rate Green Bond due April 2031 Guaranteed by The Federal Republic of Germany Launched pursuant to the Issuers EMTN Programme Commerzbank AG (contact: Ian Turner; telephone: +44-207-7475-1817) hereby announces, as Stabilisation Coordinator, that the Stabilising Managers named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU Regulation 596/2014). The security to be stabilised: Issuer: Kreditanstalt für Wiederaufbau ("KfW") Guarantor (if any): The Federal Republic of Germany Aggregate nominal amount: EUR Benchmark Description: EUR Benchmark Fixed Rate Green Bonds due April 2031 Offer price: Tbc Other offer terms: EMTN documentation, denoms 1k/1k, listing Luxembourg Stock Exchange Stabilisation: Stabilisation Coordinator: Commerzbank AG Stabilising Managers: Banco Santander S.A. NatWest Markets N.V. UBS AG London Stabilisation period expected to April 09, 2026 start on: Stabilisation period expected to end no later than 30 days after the proposed on: issue date of the securities Existence, maximum size and The Stabilising Managers may over-allot conditions of use of over-allotment the securities to the extent permitted facility. in accordance with applicable law. Stabilisation trading venue: Luxembourg Stock Exchange, regulated market In connection with the offer of the above securities, the Stabilising Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules. 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. This announcement is not for distribution, directly or indirectly, in or into theUnited States or any other jurisdiction in which such distribution would be unlawful. END This information was brought to you by Cision http://news.cision.com