Investor information 2019

26.11.2019 - Results of the Tender Offer by Erste Group Bank AG

On 18 November 2019, Erste Group Bank AG ("Erste Group") invited the holders of its EUR500,000,000 7.125 per cent Fixed Rate Subordinated Notes due 2022 (ISIN: XS0840062979) (the"Notes") to tender any and all of their Notes for purchase by Erste Group for cash (the "Tender Offer").

The Tender Offer expired at 5:00 p.m. (CET) on 25 November 2019.

Erste Group will (subject to the successful completion of the issue of a new series of euro denominatedTier 2 subordinated fixed rate reset notes under its EUR 30,000,000,000 Debt Issuance Programmedated 10 May 2019) accept for purchase EUR 197,935,000 in aggregate principal amount of the Notes.The settlement is expected to occur on 27 November 2019.The aggregate outstanding principal amount of the Notes is expected to be reduced by cancelling theNotes, acquired by Erste Group in the Tender Offer, on 27 November 2019 in the amount of EUR197,935,000. Following the cancellation, the remaining aggregate outstanding principal amount of theNotes will be EUR 302,065,000.

Disclaimer:
This announcement is mandatory pursuant to Art 17 of the Market Abuse Regulation. It does notconstitute financial analysis or advice relating to financial securities. This announcement is neither arecommendation nor an offer, invitation or solicitation to purchase or sell any securities of Erste Group.

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