BNP Paribas : Amendment to the terms and conditions

12 October 2022

BNP PARIBAS

(incorporated in France)

(the Issuer)

Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83

Issue of USD 1,000,000 Fixed Rate to Underlying Interest Rate Linked Interest Notes due 22 July 2027

(to be consolidated and form a single series with the Issuer's USD 2,300,000 Fixed Rate to Underlying Interest Rate

Linked Interest Notes due 22 July 2027 issued on 22 July 2022)("Existing Notes")

Series 19806

under the

Euro Medium Term Note Programme

(the Programme)

This Notice is dated 12 October 2022 and should be read in conjunction with the Final Terms dated 22 September 2022 (the "Final Terms") issued under the Base Prospectus dated 1 July 2022 which received visa no n°22-263 from the Autorité des marchés financiers on 2 July 2021 and any Supplements thereto approved and published on or before the date of the Final Terms which together constitute a base prospectus for the purposes of Regulation (EU) 2017/1129. Any information not updated or amended herein should be regarded as unchanged. A blackline version of the Final Terms.

This notice can be obtained free of charge from the Luxembourg Listing Agent (BNP Paribas Securities Services, Luxembourg Branch, 60 avenue J.F. Kennedy L-2085 Luxembourg) and on the website of the Luxembourg Stock Exchange.

Signed on behalf of BNP Paribas

As Issuer:

By:

(duly authorized)

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FINAL TERMS

PROHIBITION OF SALES TO UK RETAIL INVESTORS - The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the United Kingdom ("UK"). For these purposes, a retail investor means a person who is one (or more) of:

1. a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); or (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000, as amended (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of UK domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the EUWA. Consequently no key information document required by Regulation (EU) No 1286/2014 as it forms part of UK domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.

MiFID II product governance / target market assessment - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes, taking into account the five categories in item 18 of the Guidelines published by ESMA on 5 February 2018, has led to the conclusion that:

1. the target market for the Notes is eligible counterparties, professional clients and retail clients, each as defined in Directive 2014/65/EU (as amended, "MiFID II"); and (ii) all channels for distribution of the Notes are appropriate (iii) the following channels for distribution of the Notes to retail clients are appropriate, subject to the distributor's suitability and appropriateness obligations under MiFID II, as applicable. Any information on sales to negative target market will be reported as applicable under MiFID II. Any person subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the manufacturer's target market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels, subject to the distributor's suitability and appropriateness obligations under MiFID II, as applicable.

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Final Terms dated 22 September 2022

BNP PARIBAS

(incorporated in France)

(the Issuer)

Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83

Issue of USD 1,000,000 Fixed Rate to Underlying Interest Rate Linked Interest Notes due 22 July 2027

(to be consolidated and form a single series with the Issuer's USD 2,300,000 Fixed Rate to Underlying

Interest Rate Linked Interest Notes due 22 July 2027 issued on 22 July 2022)("Existing Notes")

Series 19806

under the €90,000,000,000

Euro Medium Term Note Programme

(the Programme)

Any person making or intending to make an offer of the Notes may only do so:

1. in those Non-exempt Offer Jurisdictions mentioned in Paragraph 72 of Part A below, provided such person is a Dealer or Authorised Offeror (as such term is defined in the Base Prospectus) and that the offer is made during the Offer Period specified in that paragraph and that any conditions relevant to the use of the Base Prospectus are complied with; or
2. otherwise in circumstances in which no obligation arises for the Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or to supplement a prospectus pursuant to Article 23 of the Prospectus Regulation, in each case, in relation to such offer.

Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any offer of Notes in any other circumstances.

Investors should note that if a supplement to or an updated version of the Base Prospectus referred to below is published at any time during the Offer Period (as defined below), such supplement or updated base prospectus as the case may be, will be published and made available in accordance with the arrangements applied to the original publication of these Final Terms. Any investors who have indicated acceptances of the Offer (as defined below) prior to the date of publication of such supplement or updated version of the Base Prospectus, as the case may be (the "Publication Date"), have the right within two working days of the Publication Date to withdraw their acceptances.

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PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the "Conditions") set forth under the section entitled "Terms and Conditions of the English Law Notes" in the Base Prospectus dated 2 July 2021 which received approval n° 21-273 from the Autorité des marchés financier ("AMF") on 2 July 2021 and the Supplements to the Base Prospectus published and approved on or before the date of these Final Terms (copies of which are available as described below) notwithstanding the publication and approval of any Supplement to the 2021 Base Prospectus (each a "2021 Future Supplement") which may have been published and approved after the date of these Final Terms and before the issue of the Notes to which these Final Terms relate (together, the "2021 Base Prospectus") and/or an updated Base Prospectus (and any Supplement(s) thereto, each a "2022 Future Supplement"), which will replace the 2021 Base Prospectus (the "2022 Base Prospectus") (the date of any such publication and approval, each a "Publication Date"). This document constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus Regulation and (i) prior to any Publication Date, must be read in conjunction with the 2021 Base Prospectus or (ii) on and after any Publication Date, must be read in conjunction with the 2021 Base Prospectus, as supplemented, by any 2022 Future Supplement as at such date or, as applicable, the 2022 Base Prospectus, as supplemented by any 2022 Future Supplement as at such date], save in respect of the Conditions which are extracted from the 2021 Base Prospectus, to obtain all the relevant information. The 2021 Base Prospectus, as supplemented constitutes, and the 2022 Base Prospectus will constitute, a base prospectus for the purposes of the Prospectus Regulation. The Issuer has in the 2021 Base Prospectus given consent to the use of the 2021 Base Prospectus in connection with the offer of the Notes. Such consent will be valid until the date that is twelve months following the date of the 2021 Base Prospectus. The Issuer will in the 2022 Base Prospectus give consent to the use of the 2022 Base Prospectus in connection with the offer of the Notes. The 2021 Base Prospectus, as supplemented and these Final Terms is/are available and the 2021 Base Prospectus will be available for viewing at BNP Paribas 16, boulevard des Italiens 75009 Paris, France andhttps://rates-globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspxand copies may be obtained free of charge at the specified office of the Principal Paying Agent.

1.	Issuer:		BNP Paribas
2.	(i)	Trade Date:	29 June 2022
	(ii)	Series Number:	19806
	(ii)	Tranche Number:	2
			The Notes will be consolidated and form a single series
			with the Issuer's USD 2,300,000 Fixed Rate to Underlying
			Interest Rate Linked Interest Notes due 22 July 2027
			issued on 22 July 2022 (the "Existing Notes") as from the
			date of consolidation which is expected to be on or around
			forty (40) days after the Issue Date.
3.	Specified Currency:	United States dollar ("USD")

4. Aggregate Nominal Amount:

	(i)	Series:	USD 3,300,000
	(ii)	Tranche:	USD 1,000,000
5.	Issue Price of Tranche:	100 per cent. of the Aggregate Nominal Amount

6. Minimum Trading Size:

7.	(i)	Specified Denomination:	USD	1,000
	(ii)	Calculation Amount:	USD	1,000

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8.

(i)

Issue Date:

1. 1. Interest Commencement Date:
2. (i) Maturity Date:
3. 1. Business Day Convention for Maturity Date:
4. Form of Notes:
5. Interest Basis:
6. Coupon Switch:
   Pre-Switch Coupon:
   Post-Switch Coupon:
   Additional Switch Coupon:
7. Redemption/Payment Basis:
8. Change of Interest Basis or Redemption/Payment Basis:
9. Put/Call Options:
10. Exchange Rate:
11. Status of the Notes:
12. Knock-inEvent:
13. Knock-outEvent:
14. Method of distribution:
15. Hybrid Notes:
16. Tax Gross-Up:

22 September 2022

Issue Date

22 July 2027

Modified Following

Bearer

Underlying Interest Rate Linked Interest (further particulars specified below) Applicable

Automatic Coupon Switch: Applicable

Fixed Rate

For i = 1 to 2

Floating Rate/Linked Interest

For i = 3 to 5

Floating Rate/Linked Interest

Underlying Interest Rate Linked Redemption (See paragraph 38 below)

Redemption at par

Payout Switch: Not applicable

Not applicable

Not applicable

Not applicable

Senior Preferred Notes

Prior approval of the Relevant Regulator for Senior Preferred Notes: Not Applicable

Not applicable

Not applicable

Non-syndicated

Not applicable

Condition 6(d) (No Gross-Up) of the Terms and Conditions of the English Law Notes not applicable

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

23.	Interest:		Applicable
	(i)	Interest Period(s):	As per Conditions

1. Interest Period End Date(s):

i	Interest Period Start	Interest Period
	Datet	End Datet

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