to the holders of those of the:
U.S.$750,000,000 Series 2018-5 3.375 per cent. Fixed Rate Covered Bonds due November 2021
(ISIN: XS1907146671) (the Series 2018-5 Covered Bonds)
U.S.$1,000,000,000 Series 2019-5 2.125 per cent. Fixed Rate Covered Bonds due July 2022
(ISIN: XS2031976082) (the Series 2019-5 Covered Bonds)
(each a Series and together the Covered Bonds, and the holders thereof, the Covered Bondholders) of the Issuer presently outstanding.
NOTICE IS HEREBY GIVEN by the Issuer to the Covered Bondholders (in accordance with Condition 13 (Notices)) of the Issuer's intention to effect the Proposed Amendments (as defined in the Consent Solicitation Memorandum dated 9 November 2020 (the Consent Solicitation Memorandum)) and as approved by the Covered Bondholders of each Series of Covered Bonds on 18 December 2020 to each Series of Covered Bonds on or about the date hereof.