EDF announces the final results of its tender offer for two series of outstanding hybrid notes

EDF announces the final results of its tender offer for two series of outstanding hybrid notes

EDF announces the final results of its offers launched on 10 September 2024 (together, the “Offer to Purchase”) to purchase (i) its €1,000,000,000 reset perpetual subordinated notes with a first redemption at the option of EDF on 22 January 2026 (ISIN : FR0011697028) and (ii) its £1,250,000,000 reset perpetual subordinated notes with a first redemption at the option of EDF on 29 January 2026 (ISIN: FR0011401728), which are admitted to trading on the regulated market of Euronext Paris (together, the “Targeted Notes”).

Summary table of the results of the Offer to Purchase

Targeted Notes	ISIN	Principal amount of the Notes validly Tendered pursuant to the Offer to Purchase	Series Acceptance Amount	Reduction factor	Tender Price	Principal Amount Outstanding immediately following the settlement date
€1,000,000,000 Reset Perpetual Subordinated Notes	FR0011697028	€525,000,000	€498,700,000	92%	101.250%	€501,300,000
£1,250,000,000 Reset Perpetual Subordinated Notes	FR0011401728	£621,300,000	£621,300,000	None	100.000%	£628,700,000

The settlement date for the Targeted Notes tendered and accepted for purchase by EDF is expected to occur on 20 September 2024.
Forward-Looking Statements

EDF considers portions of this press release and the Offer to Purchase to be forward-looking statements. Forward-looking statements can be identified typically by the use of forward-looking terminology such as “believes”, “expects”, “may”, “will”, “could”, “should”, “intends”, “estimates”, “plans”, “assumes”, “predicts” or “anticipates”, as well as the negatives of such words and other words of similar meaning in connection with discussions of future operating or financial performance or of strategy that involve risks and uncertainties. Although EDF believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, these assumptions are inherently uncertain and involve a number of risks and uncertainties that are beyond EDF’s control; therefore, EDF can give no assurance that such expectations will be achieved. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements as a result of risks and uncertainties, including, without limitation, possible changes in the timing and consummation of the transactions described therein.