Nationwide Building Society (issuer) announced notice to the holders of the ?1,000,000,000 Fixed Rate Reset Subordinated Notes Due July 2029 issued pursuant to its USD 25,000,000,000 European Note Programme. The Issuer to the Noteholders that, having obtained Relevant Supervisory Consent from the Prudential Regulation Authority and having satisfied any other pre-conditions to, or requirements applicable to the redemption of the Notes in accordance with Condition 6.10 (Preconditions to redemption and purchase of Subordinated Notes) of the Notes, the Issuer will redeem the Notes in full on 25 July 2024 pursuant to Condition 6.4 (Redemption at the option of the Issuer) of the Notes. The Notes will be redeemed at their principal amount, together with unpaid interest accrued to (but excluding) 25 July 2024.

Following redemption of the Notes, (i) the Notes will be cancelled and no further interest payments will be made and (ii) request will be made to the Financial Conduct Authority (the FCA) for the listing of the Notes on the Official List of the FCA and the admission to trading on the regulated market of the London Stock Exchange to be cancelled. Unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the terms and conditions of the Notes (the Conditions).