EQS-Adhoc: VOLKSBANK WIEN AG: VOLKSBANK WIEN AG intends to repurchase EUR 400,000,000 2.75% Fix to Fix Tier 2 Notes with an Interest Rate Reset Date on 6 October 2022 (ISIN: AT000B121967)

Disclosure of inside information (Article 17 MAR)
Vienna, 27 August 2024

VOLKSBANK WIEN AG intends to repurchase EUR 400,000,000 2.75% Fix to Fix Tier 2 Notes with an Interest Rate Reset Date on 6 October 2022 (ISIN: AT000B121967)

VOLKSBANK WIEN AG ("VOLKSBANK WIEN") will publish today an invitation to holders (the "Noteholders") of its EUR 400,000,000 2.75% Fix to Fix Tier 2 Notes with an Interest Rate Reset Date on 6 October 2022 (ISIN: AT000B121967) (the "Notes") to tender any and all of their Notes for purchase by VOLKSBANK WIEN for cash, at a purchase price which will be determined in the manner described in the Tender Offer Memorandum (as defined below) by reference to a purchase spread of 165 bps, with a settlement date on or around 6 September 2024 (the "Tender Offer").

The Tender Offer is made exclusively on the basis of a tender offer memorandum dated 27 August 2024 (the "Tender Offer Memorandum"), copies of which are available to Noteholders on the website of the Tender Agents or on their request from the Tender Agents. The Tender Offer will begin on 27 August 2024 and will expire at 5:00 p.m. (CEST) on 4 September 2024, unless extended, re-opened, amended, shortened or terminated as provided in the Tender Offer Memorandum. Instructions to participate in the Tender Offer are to be submitted in accordance with the provisions of the Tender Offer Memorandum to Kroll Issuer Services Limited, The Shard, 32 London Bridge Street, London SE1 9SG, United Kingdom and Erste Group Bank AG, Am Belvedere 1, 1100 Vienna, Austria, as the tender agents (the "Tender Agents"). Any Notes tendered by the Noteholders may be rejected at the sole discretion of VOLKSBANK WIEN.

Furthermore, VOLKSBANK WIEN intends, subject to market conditions, to issue a new series of euro-denominated fixed to fixed resettable Tier 2 notes under its base prospectus dated 17 May 2024.

For further inquiries contact:

VOLKSBANK WIEN AG

Dietrichgasse 25

1030 Vienna

Austria

Investor Relations

Karl Kinsky

Tel.:  +43 1 40137 - 3338

eMail: investorrelations@volksbankwien.at

Disclaimer:

Neither the Tender Offer Memorandum nor this announcement constitutes or contains an offer of, or the solicitation of an offer to buy or subscribe for, securities issued by VOLKSBANK WIEN to any jurisdiction in which the submission of such an offer or such an invitation to submit an offer or in which the submission of an offer by or to certain persons is prohibited. Noteholders who are outside of the Republic of Austria and who come into possession of this announcement and/or the Tender Offer Memorandum and/or who wish to make an offer to sell the Notes from outside the Republic of Austria are required to inform themselves about the relevant legal provisions in connection therewith and to comply with these provisions. Neither VOLKSBANK WIEN nor the Tender Agents nor any of the Dealer Managers (as set out in the Tender Offer Memorandum) assumes any liability whatsoever in connection with the submission of an offer to sell notes from outside the Republic of Austria.

This announcement is mandatory pursuant to Article 17 of the Market Abuse Regulation. It does not constitute financial analysis or advice relating to financial securities. This announcement is neither a recommendation nor an offer, invitation or solicitation to purchase or sell any securities of VOLKSBANK WIEN.

THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT.

1975767  27-Aug-2024 CET/CEST