Post-Stabilisation Notice

DZ Bank AG: Post-Stabilisation Notice

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

DZ BANK AG (contact: Ralph Ockert; telephone: +49 69 7447 7051) hereby
gives notice that no stabilisation (within the meaning of Article 3.2 (d) of the Market Abuse Regulation (EU Regulation 596/2014) was undertaken by the Stabilising Managers named below in relation to the offer of the following securities.

The security to be stabilised:
 
   Issuer:                           German State of North Rhine Westphalia
 

   ISIN:                             DE000NRW0N91
 
   Aggregate nominal amount:              Size 1 billion
 
   Description:                      3.15%, due 20 November 2026                                                        

                  
 
   Offer price:                      99.924%
 
   Other offer terms:                Listing

                                     Düsseldorf Stock Exchange
  

   Exchange, denominations:          1k
 
   Maturity                                                 20 November 2026
 
   Stabilisation:                                    DZ BANK AG
 
   Stabilising Manager(s):           DZ/Helaba/NatWest Markets/SG/TD
                                   
                                                                        

   Stabilisation period commences   20 December 2023
 
   Stabilisation period expected to No later than 30 days after the

   proposed end on: issue date of the securities

Existence, maximum size and The Stabilising Manager(s) may over-allot
conditions of use of over-allotment the securities to the extent

permitted in facility. Accordance with applicable law.

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 the United States or any other jurisdiction in which such distribution would be unlawful.