NatWest Group plc completed the pricing of its USD 750,000,000 Fixed-to-Fixed Reset Rate Subordinated Tier 2 Notes due 2047 (the "Subordinated Notes"). The proceeds to NWG (before expenses and underwriting discounts) of USD 750,000,000 from the Subordinated Notes will be used to fund NWG's general banking business. The offering is scheduled to close on 3 March 2026, subject to the satisfaction of customary conditions.