Common use of Redemption at the option of the Issuer (Issuer Call Clause in Contracts

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing Supplement, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 15; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing Supplement. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and (ii) in the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU. In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 not less than 15 days prior to the date fixed for redemption.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 1513; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) to the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than at least equal to the Minimum Redemption Amount and or not more greater than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementAmount. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) be selected individually by lot, in the case of Redeemed Notes represented by definitive Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be selected individually reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes represented by lota Global Note, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU“Selection Date”). In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 13 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this paragraph (c) and notice to that effect shall be given by the Issuer to the Noteholders in accordance with Condition 13 at least five days prior to the Selection Date.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 1513; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) to the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than at least equal to the Minimum Redemption Amount and or not more greater than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementAmount. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) be selected individually by lot, in the case of Redeemed Notes represented by definitive Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (to be selected individually reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes represented by lota Global Note, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU“Selection Date”). In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 13 not less than 15 days prior to the date fixed for redemption. The aggregate nominal amount of Redeemed Notes represented by definitive Notes shall bear the same proportion to the aggregate nominal amount of all Redeemed Notes as the aggregate nominal amount of definitive Notes outstanding bears to the aggregate nominal amount of the Notes outstanding, in each case on the Selection Date, provided that such first mentioned nominal amount shall, if necessary, be rounded downwards to the nearest integral multiple of the Specified Denomination, and the aggregate nominal amount of Redeemed Notes represented by a Global Note shall be equal to the balance of the Redeemed Notes. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this paragraph (c) and notice to that effect shall be given by the Issuer to the Noteholders in accordance with Condition 13 at least five days prior to the Selection Date.

Redemption at the option of the Issuer (Issuer Call. ‌ If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: at any time (iif this Note is not a Floating Rate Note) or only on any Interest Payment Date (if this Note is a Floating Rate Note) at its option, on giving not less than 15 30 nor more than 30 60 days’ notice to the Noteholders in accordance with Condition 15; and (ii) not less than 15 days before the giving holders of the notice referred to in (i), notice to: (a) the Principal Paying Agent; and (b) in the case Notes of a redemption of Registered Notes, the Registrar; this Series (which notices notice shall be irrevocable and shall specify the date fixed for redemption)) in accordance with Condition 11, redeem all or some only of the Notes of this Series then outstanding on any Optional Redemption Date (subject as provided above) specified prior to the stated maturity of such Notes and at the Optional Redemption Amount(s) Amount specified in, or determined in the manner specified inapplicable Final Terms. In the event of a redemption of some only of such Notes, the applicable Pricing Supplement together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal for an amount being not less than to EUR1,000,000 in nominal amount or a higher integral multiple of EUR1,000,000 (or their respective equivalents in other Specified Currencies as determined by the Minimum Redemption Amount and not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementIssuer). In the case of a partial redemption of Notessuch Notes in definitive form, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, or, in case of VP Notes, in accordance with the rules and procedures of VP, and in such place as the Principal Paying Agent and (in the case of Registered Notes only) the Registrar or in case of the VP Notes, the VP Agent, may approve and in such manner as the Principal Paying Agent and (in the case of Registered Notes only) the Registrar or, as the case may be, the VP Agent, shall deem to be appropriate and fair (without involving any part only of a Note) not more than 30 60 days prior to the date fixed for redemption and (ii) a list of such Notes called for redemption will be published in accordance with Condition 11 not less than 15 nor more than 30 days prior to such date. In the case of Redeemed a partial redemption of such Notes represented by a Global Note, the relevant Notes will be selected redeemed in accordance with the rules of Euroclear and/or and Clearstream and/or (to be reflected in the CMU. In records of Euroclear and Clearstream as either a pool factor or a reduction in nominal amount, at their discretion) and, in the case of Redeemed Notes represented by definitive a partial redemption of VP Notes, a list of the serial numbers of such Redeemed relevant Notes will be published redeemed in accordance with Condition 15 not less than 15 days prior to the date fixed for redemptionrules and procedures of VP.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing Supplement, the The Issuer may, having given: (ia) not less than 15 10 nor more than 30 60 days’ ' notice to the Noteholders in accordance with Condition 1513 (Notices); and (iib) notice to the Trustee and the Principal Paying Agent not less than 15 days before the giving of the notice referred to in (i7.3(a), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable (other than in the circumstances set out in the next paragraph) and shall specify the date fixed for redemptionredemption (the "Optional Redemption Date")), redeem all or some only of the Notes then outstanding on any Optional Redemption date from (and including) the Issue Date and to (but excluding) 20 July 2029 (the "Par Call Period Commencement Date") at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Amount together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Such notice of redemption may, at the Issuer's discretion, be subject to one or more conditions precedent, in which case such notice shall state that, in the Issuer's discretion, the Optional Redemption Date may be delayed until such time as any or all such conditions shall be satisfied (or waived by the Issuer in its sole discretion), or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied (or waived by the Issuer in its sole discretion) by the Optional Redemption Date, or by the Optional Redemption Date so delayed. Any such redemption must be of a nominal principal amount of the Notes of not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementEUR 10,000,000. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and (ii) in the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU. In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with this Condition 15 not less than 15 days prior to the date fixed for redemption.7.3:

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (ia) not less than 15 nor more than 30 days’ notice to the Noteholders Bondholders in accordance with Condition 1511; and (iib) not less than 15 days before the giving of the notice referred to in (i)a) above, notice to: (a) to the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes Bonds then outstanding Outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount Amount, in each case as may be specified in the applicable Pricing SupplementFinal Terms. In the case of a partial redemption of NotesBonds, the Notes Bonds to be redeemed (“Redeemed Notes”Bonds) will be selected individually by lot, in the case of Redeemed Bonds represented by definitive Bonds, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (ito be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes Bonds represented by definitive Notes, be selected individually by lota Global Bond, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMUSelection Date). In the case of Redeemed Notes Bonds represented by definitive NotesBonds, a list of the serial numbers of such Redeemed Notes Bonds will be published in accordance with Condition 15 11 not less than 15 days prior to the date fixed for redemption. The aggregate nominal amount of Redeemed Bonds represented by definitive Bonds shall bear the same proportion to the aggregate nominal amount of all Redeemed Bonds as the aggregate nominal amount of definitive Bonds Outstanding bears to the aggregate nominal amount of the Bonds Outstanding, in each case on the Selection Date, provided that such first mentioned nominal amount shall, if necessary, be rounded downwards to the nearest integral multiple of the Specified Denomination, and the aggregate nominal amount of Redeemed Bonds represented by a Global Bond shall be equal to the balance of the Redeemed Bonds. No exchange of the relevant Global Bond will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5.4 and notice to that effect shall be given by the Issuer to the Bondholders in accordance with Condition 11 at least five days prior to the Selection Date.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 1514 with a copy to the Guarantor; and (ii) not less than 15 days before the giving of the notice referred to in (i)) above, notice to: (a) to the Principal Paying Agent; Agent and (b) , in the case of a redemption of Registered Notes, the Registrar; , (which notices shall be irrevocable (other than in the circumstances set out in the next sentence) and shall specify the date fixed for redemptionredemption (each such date, an “Optional Redemption Date”)), redeem all or some only of in whole or, if so specified in the relevant Final Terms, in part the Notes then outstanding on at any Optional Redemption time prior to their Maturity Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such notice of redemption must may, at the Issuer's discretion, be of a nominal amount not less than subject to one or more conditions precedent, in which case such notice shall state that, in the Minimum Issuer's discretion, the Optional Redemption Amount and not more than the Maximum Redemption Amount in each case as Date may be specified delayed until such time as any or all such conditions shall be satisfied (or waived by the Issuer in its sole discretion), or such redemption may not occur and such notice may be rescinded in the applicable Pricing Supplementevent that any or all such conditions shall not have been satisfied (or waived by the Issuer in its sole discretion) by the Optional Redemption Date, or by the Optional Redemption Date so delayed. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) be selected individually by lot, in the case of Redeemed Notes represented by definitive Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg (to be selected individually reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes represented by lota Global Note, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU“Selection Date”). In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 14 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this paragraph (c) and notice to that effect shall be given by the Issuer to the Noteholders in accordance with Condition 14 at least five days prior to the Selection Date. For the purposes of this Condition 7(c) only, the “Optional Redemption Amount” will either be: (i) the specified percentage of the nominal amount of the Notes stated in the applicable Final Terms which shall be a nominal amount of not less than the Minimum Redemption Amount and not more than the Maximum Redemption Amount, in each case as may be specified in the applicable Final Terms: or (ii) in the case of Notes that are not Step Up Notes only, if Make-Whole Amount is specified in the applicable Final Terms, will be an amount which is the higher of: (a) 100 per cent. of the Early Redemption Amount of the Note to be redeemed; or (b) as determined by the Reference Dealers (as defined below), the sum of the then current values of the remaining scheduled payments of principal and interest to maturity (or, if Par Call Period is specified in the applicable Final Terms, to the Par Call Period Commencement Date) (not including any interest accrued on the Notes to, but excluding, the relevant Optional Redemption Date) discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Bond Rate (as defined below) plus the Redemption Margin, plus, in each case, any interest accrued on the Notes to, but excluding, the Optional Redemption Date; or (iii) in the case of Step Up Notes only, if Make-Whole Amount is specified in the applicable Final Terms, will be an amount which is the higher of: a. 100 per cent. of the principal amount of the Note to be redeemed; or b. as determined by the Reference Dealers, the sum of present values of the remaining scheduled payments of principal of the Step Up Notes to be redeemed and interest thereon to maturity (or, if Par Call Period is specified in the applicable Final Terms, to the Par Call Period Commencement Date) (calculated at the Initial Rate of Interest until the interest period immediately following the Step Up Date, at which point, the Rate of Interest shall be deemed to be the Subsequent Rate of Interest unless the Renewable Installed Capacity Condition or the Direct Green House Gas Emissions Condition, as the case may be, has been satisfied and ENEL has provided the notice described in the definition of “Renewable Installed Capacity Condition” or “Direct Green House Gas Emissions Condition”, as the case may be, in Condition 5(c) within the deadline provided therein confirming the satisfaction of the Renewable Installed Capacity Condition or Direct Green House Gas Emissions Condition, as the case may be) discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Bond Rate (as defined below) plus the Redemption Margin.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 1514 with a copy to the Guarantor; and (ii) not less than 15 days before the giving of the notice referred to in (i)) above, notice to: (a) to the Principal Paying Agent; Agent and (b) , in the case of a redemption of Registered Notes, the Registrar; , (which notices shall be irrevocable and shall specify i) the date fixed for redemption), redeem all or some only specified percentage of the nominal amount of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined stated in the manner specified in, the applicable Pricing Supplement together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must Final Terms which shall be of a nominal amount of not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount Amount, in each case as may be specified in the applicable Pricing Supplement. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and Final Terms: or (ii) in the case of Redeemed Notes represented that are not Sustainability-Linked Notes only, if Make-Whole Amount is specified in the applicable Final Terms, will be an amount which is the higher of: (a) 100 per cent. of the Early Redemption Amount of the Note to be redeemed; or (b) as determined by a Global Notethe Calculation Agent, be selected the sum of the then current values of the remaining scheduled payments of principal and interest to maturity (or, if Par Call Period is specified in accordance with the rules applicable Final Terms, to the Par Call Period Commencement Date) (not including any interest accrued on the Notes to, but excluding, the relevant Optional Redemption Date) discounted to the Optional Redemption Date on an annual basis (based on the actual number of Euroclear and/or Clearstream and/or the CMU. In days elapsed divided by 365 or (in the case of Redeemed a leap year) by 366) at the Reference Bond Rate (as defined below) plus the Redemption Margin, plus, in each case, any interest accrued on the Notes represented to, but excluding, the Optional Redemption Date; or (iii) in the case of Sustainability-Linked Notes only, if Make-Whole Amount is specified in the applicable Final Terms, will be an amount which is the higher of: a. 100 per cent. of the principal amount of the Note to be redeemed; or b. as determined by definitive the Calculation Agent, the sum of present values of the remaining scheduled payments of principal of the Sustainability-Linked Notes to be redeemed and interest thereon to maturity (or, if Par Call Period is specified in the applicable Final Terms, to the Par Call Period Commencement Date) (not including any interest accrued on the Sustainability-Linked Notes to, but excluding, the Optional Redemption Date) calculated at the Initial Rate of Interest (in the case of Fixed Rate Notes) or by applying the Initial Margin (in the case of Floating Rate Notes), until the interest period immediately following the Step Up / Step Down Date, at which point, the Initial Rate of Interest (in the case of Fixed Rate Notes) or the Initial Margin (in the case of Floating Rate Notes) shall be deemed to be the Subsequent Rate of Interest (in the case of Fixed Rate Notes) or the Subsequent Margin (in the case of Floating Rate Notes) unless in the case of Step Up Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with relevant Sustainability-Linked Note Step Up Condition 15 not less than 15 days prior has been satisfied, discounted to the date fixed for redemption.Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Bond Rate (as defined below) plus the Redemption Margin, As used in this Condition:

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing Supplement, the The Issuer may, having given: (ia) not less than 15 10 nor more than 30 60 days’ ' notice to the Noteholders in accordance with Condition 1513 (Notices); and (iib) notice to the Trustee and the Principal Paying Agent not less than 15 days before the giving of the notice referred to in (i7.3(a), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable (other than in the circumstances set out in the next paragraph) and shall specify the date fixed for redemptionredemption (the "Optional Redemption Date")), redeem all or some only of the Notes then outstanding on any Optional Redemption date from (and including) the Issue Date and to (but excluding) 12 April 2027 (the "Par Call Period Commencement Date") at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Amount together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Such notice of redemption may, at the Issuer's discretion, be subject to one or more conditions precedent, in which case such notice shall state that, in the Issuer's discretion, the Optional Redemption Date may be delayed until such time as any or all such conditions shall be satisfied (or waived by the Issuer in its sole discretion), or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied (or waived by the Issuer in its sole discretion) by the Optional Redemption Date, or by the Optional Redemption Date so delayed. Any such redemption must be of a nominal principal amount of the Notes of not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementEUR 10,000,000. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and (ii) in the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU. In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with this Condition 15 not less than 15 days prior to the date fixed for redemption.7.3:

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) given not less than 15 the minimum period nor more than 30 days’ the maximum period of notice specified in the applicable Final Terms to the Noteholders in accordance with Condition 15; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; 14 (which notices notice shall be irrevocable and shall specify the date fixed for redemption)) and the Principal Paying Agent, redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriateapplicable, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementFinal Terms. In the case of a partial redemption of Notes, the Notes to be redeemed (“"Redeemed Notes”") will (i) in the case of Redeemed Notes represented by definitive Notes, Notes be selected individually by lot, not more than 30 days prior to the date fixed for redemption redemption, and (ii) in the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream Clearstream, Luxembourg and/or the CMUDTC. In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 14 not less than 15 days prior to the date fixed for redemption.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (ia) not less than 15 nor more than 30 days’ notice to the Noteholders Bondholders in accordance with Condition 1511; and (iib) not less than 15 days before the giving of the notice referred to in (i)a) above, notice to: (a) to the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes Bonds then outstanding Outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount and not more than the Maximum Redemption Amount Amount, in each case as may be specified in the applicable Pricing SupplementFinal Terms. In the case of a partial redemption of NotesBonds, the Notes Bonds to be redeemed (“Redeemed Notes”Bonds) will be selected individually by lot, in the case of Redeemed Bonds represented by definitive Bonds, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (ito be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes Bonds represented by definitive Notes, be selected individually by lota Global Bond, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMUSelection Date). In the case of Redeemed Notes Bonds represented by definitive NotesBonds, a list of the serial numbers of such Redeemed Notes Bonds will be published in accordance with Condition 15 11 not less than 15 days prior to the date fixed for redemption.. The aggregate nominal amount of Redeemed Bonds represented by definitive Bonds shall bear the same proportion to the aggregate nominal amount of all Redeemed Bonds as the aggregate nominal amount of definitive Bonds Outstanding bears to the aggregate nominal amount of the Bonds Outstanding, in each case on the Selection Date, provided that such first mentioned nominal amount shall, if necessary, be rounded downwards to the nearest integral multiple of the Specified Denomination, and the aggregate nominal amount of Redeemed Bonds represented by a Global Bond shall be equal to the balance of the Redeemed Bonds. No exchange of the relevant Global Bond will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition

Redemption at the option of the Issuer (Issuer Call. If an Issuer Call is specified as being applicable in the applicable Pricing Supplement, the Issuer may, having given: (subject (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 15; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Senior Preferred Notes and Senior Non-Preferred Notes, to Condition 4(k) and (ii) in the Registrar; case of Tier 2 Notes, to Condition 4(l) and (if applicable) Condition 4(k)), having (unless otherwise specified in the applicable Pricing Supplement) given not more than the maximum period nor less than minimum period of notice specified in the applicable Pricing Supplement to the Agent and the Noteholders Agent and, in accordance with Condition 13, the Noteholders (which notices notice shall be irrevocable and shall specify the date fixed for redemptionirrevocable), redeem all or (if so specified in the applicable Pricing Supplement) some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement together, if appropriateapplicable, with unpaid interest accrued to (but excluding) the relevant Optional Redemption Date. Any Upon the expiry of such notice, the Issuer shall be bound to redeem the Notes accordingly. In the event of a redemption of some only of the Notes, such redemption must be of a nominal amount being not less than to the Minimum Redemption Amount and or not more than the Maximum Redemption Amount in each case Amount, both as may be specified indicated in the applicable Pricing Supplement. In the case of a partial redemption of definitive Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and (ii) a list of the Notes called for redemption will be published in accordance with Condition 13 not less than 15 days prior to such date. In the case of Redeemed a partial redemption of Notes which are represented by a Global global Note, the relevant Notes will be selected in accordance with the rules of Euroclear and/or Clearstream and/or Clearstream, Luxembourg (to be reflected in the CMU. In the case records of Redeemed Notes represented by definitive NotesEuroclear and Clearstream, Luxembourg as either a list of the serial numbers of such Redeemed Notes will be published pool factor or a reduction in accordance with Condition 15 not less than 15 days prior to the date fixed for redemptionnominal amount at their discretion).

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer mayshall, having given: (i) not less than 15 30 nor more than 30 60 days’ notice to the Noteholders in accordance with Condition 1513; and (ii) not less than 15 30 days before the giving of the notice referred to in (i), notice to: (a) to the Principal Paying Agent; and (b) in the case of a redemption of Registered Notes, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemptionirrevocable), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such partial redemption must be of a nominal amount not less than to the Minimum Redemption Amount and or not more than the Maximum Redemption Amount in each case as may be specified in the applicable Pricing SupplementAmount. In the case of a partial redemption of Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) be selected individually by lot, in the case of Redeemed Notes represented by definitive Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg (to be selected individually by lotreflected in the records of Euroclear or Clearstream, not more than 30 days prior to the date fixed for redemption and (ii) Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion), in the case of Redeemed Notes represented by a Global global Note, be selected in accordance with not more than 60 days prior to the rules date fixed for redemption (such date of Euroclear and/or Clearstream and/or selection being hereinafter called the CMU“Selection Date”). In the case of Redeemed Notes represented by definitive Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 13 not less than 15 30 days prior to the date fixed for redemption. The aggregate nominal amount of Redeemed Notes represented by definitive Notes shall bear the same proportion to the aggregate nominal amount of all Redeemed Notes as the aggregate nominal amount of definitive Notes outstanding bears to the aggregate nominal amount of the Notes outstanding, in each case on the Selection Date, provided that such first mentioned nominal amount shall, if necessary, be rounded downwards to the nearest integral multiple of the Specified Denomination, and the aggregate nominal amount of Redeemed Notes represented by a global Note shall be equal to the balance of the Redeemed Notes. No exchange of the relevant global Note will be permitted during the period from and including the Selection Date to and including the date fixed for redemption pursuant to this paragraph (c) and notice to that effect shall be given by the Issuer to the Noteholders in accordance with Condition 13 at least 5 days prior to the Selection Date.

Redemption at the option of the Issuer (Issuer Call. If Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms, the Issuer may, having given: (i) not less than 15 nor more than 30 days’ notice to the Ordinary Noteholders in accordance with Condition 1512 below; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) to the Principal Paying Agent; and (b) in , and to the case of a redemption of Registered NotesNote Registrar, the Registrar; (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Ordinary Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, the applicable Pricing Supplement Final Terms together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than to the Minimum Redemption Amount and or not more than the a Maximum Redemption Amount Amount, in each case as may be specified in the applicable Pricing SupplementFinal Terms. In the case of a partial redemption of Ordinary Notes, the Ordinary Notes to be redeemed (“Redeemed Notes”) will be selected individually by lot, in the case of Redeemed Notes represented by definitive Ordinary Notes, and in accordance with the rules of Euroclear and/or Clearstream, Luxembourg, (ito be reflected in the records of Euroclear and Clearstream, Luxembourg as either a pool factor or a reduction in nominal amount, at their discretion) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lota Global Note, not more than 30 days prior to the date fixed for redemption and (ii) in such date of selection being hereinafter called the case of Redeemed Notes represented by a Global Note, be selected in accordance with the rules of Euroclear and/or Clearstream and/or the CMU“Selection Date”). In the case of Redeemed Notes represented by definitive Ordinary Notes, a list of the serial numbers of such Redeemed Notes will be published in accordance with Condition 15 12 not less than 15 days prior to the date fixed for redemption. No exchange of the relevant Global Note will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this Condition 5(b) and notice to that effect shall be given by the Issuer to the Ordinary Noteholders in accordance with Condition 12 at least five days prior to the Selection Date.

Redemption at the option of the Issuer (Issuer Call. If an Issuer Call is specified as being applicable in the applicable Pricing SupplementFinal Terms or the Drawdown Prospectus (as the case may be), the Issuer may, having given: (subject (i) not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 15; and (ii) not less than 15 days before the giving of the notice referred to in (i), notice to: (a) the Principal Paying Agent; and (b) in the case of a redemption of Registered Senior Preferred Notes and Senior Non-Preferred Notes, to Condition 7(l) and (ii) in the Registrar; case of Tier 2 Notes, to Condition 7(m)), having (unless otherwise specified in the applicable Final Terms or the Drawdown Prospectus (as the case may be)) given not more than the maximum period nor less than minimum period of notice specified in the applicable Final Terms or Drawdown Prospectus (as the case may be) to the Agent and, in the case of an issue of Alpha Bank Notes, to the Alpha Bank Noteholders Agent and, in accordance with Condition 16, the Noteholders (which notices notice shall be irrevocable and shall specify the date fixed for redemptionirrevocable), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in, or determined in the manner specified in, applicable Final Terms or the applicable Pricing Supplement Drawdown Prospectus (as the case may be) together, if appropriateapplicable, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any Upon the expiry of such notice, the Issuer shall be bound to redeem the Notes accordingly. In the event of a redemption of some only of the Notes, such redemption must be of a nominal amount being not less than to the Minimum Redemption Amount and or not more than the a Maximum Redemption Amount in each case Amount, both as may be specified indicated in the applicable Pricing SupplementFinal Terms or the Drawdown Prospectus (as the case may be). In the case of a partial redemption of definitive Notes, the Notes to be redeemed (“Redeemed Notes”) will (i) in the case of Redeemed Notes represented by definitive Notes, be selected individually by lot, not more than 30 days prior to the date fixed for redemption and (ii) a list of the Notes called for redemption will be published in accordance with Condition 16 not less than 15 days prior to such date. In the case of Redeemed a partial redemption of Notes which are represented by a Global global Note, the relevant Notes will be selected in accordance with the rules of Euroclear and/or Clearstream and/or Clearstream, Luxembourg (to be reflected in the CMU. In the case records of Redeemed Notes represented by definitive NotesEuroclear and Clearstream, Luxembourg as either a list of the serial numbers of such Redeemed Notes will be published pool factor or a reduction in accordance with Condition 15 not less than 15 days prior to the date fixed for redemptionnominal amount at their discretion).