FINAL TERMS FOR CERTIFICATES

FINAL TERMS DATED 29 APRIL 2024

BNP Paribas Issuance B.V.

(incorporated in The Netherlands)

(as Issuer)

Legal entity identifier (LEI): 7245009UXRIGIRYOBR48

BNP Paribas

(incorporated in France)

(as Guarantor)

Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83

Issue of EUR 30,000,000 Underlying Interest Rate Securities due 23 June 2031

under the Note, Warrant and Certificate Programme

of BNP Paribas Issuance B.V., BNP Paribas and BNP Paribas Fortis Funding

The Base Prospectus received approval no. 23-197 on 31 May 2023

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

  1. in those Non-exempt Offer Jurisdictions mentioned in Paragraph 47 of Part A below, provided such person is a Manager or an 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, the Guarantor or any Manager 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.

None of the Issuer, the Guarantor or any Manager has authorised, nor do they authorise, the making of any offer of Securities 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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Investors who, before the supplement is published, have already agreed to purchase or subscribe for the Securities which are the subject of the Non-exempt Offer, where the Securities have not yet been delivered to such investors, have the right, exercisable within the period of two working days after the publication of the supplement to withdraw their acceptances.

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 31 May 2023, each Supplement to the Base Prospectus published and approved on or before the date of these Final Terms (copies of which are available as described below) and any other Supplement to the Base Prospectus which may have been published and approved before the issue of any additional amount of Securities (the "Supplements") (provided that to the extent any such Supplement (i) is published and approved after the date of these Final Terms and (ii) provides for any change to the Conditions of the Securities such changes shall have no effect with respect to the Conditions of the Securities to which these Final Terms relate) which together constitutes a base prospectus for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation") (the "Base Prospectus"). This document constitutes the Final Terms of the Securities described herein for the purposes of the Prospectus Regulation and must be read in conjunction with the Base Prospectus to obtain all the relevant information. A summary of the Securities is annexed to these Final Terms. The Base Prospectus and any Supplements to the Base Prospectus and these

Final Terms are available for viewing at https://rates- globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspx and copies may be obtained free of charge at the specified offices of the Security Agents.

References herein to numbered Conditions are to the terms and conditions of the relevant series of Securities and words and expressions defined in such terms and conditions shall bear the same meaning in these Final Terms in so far as they relate to such series of Securities, save as where otherwise expressly provided.

These Final Terms relate to the series of Securities as set out in "Specific Provisions for each Series" below. References herein to "Securities" shall be deemed to be references to the relevant Securities that are the subject of these Final Terms and references to "Security" shall be construed accordingly.

SPECIFIC PROVISIONS FOR EACH SERIES

Series Number:

FICRT 15957 FR

Tranche Number:

1

Number of Securities issued:

30,000

Number of Securities:

30,000

ISIN:

FR001400POF7

Common Code:

280918571

Issue Price per Security:

100.00% of the Notional Amount

Redemption Date:

23 June 2031

Relevant Jurisdiction:

Not applicable

Share Amount/Debt Security Amount:

Not applicable

2

Specified Securities pursuant to Section

No

871(m):

GENERAL PROVISIONS

The following terms apply to each series of Securities:

1.

Issuer:

BNP Paribas Issuance B.V.

2.

Guarantor:

BNP Paribas

3.

Trade Date:

16 April 2024

4.

Issue Date and Interest Commencement

29 April 2024

Date:

5.

Consolidation:

Not applicable

6.

Type of Securities:

(a)

Certificates

(b)

The Securities are Underlying

Interest Rate Securities.

The provisions of Annex 11 (Additional Terms

and Conditions for Underlying Interest Rate

Securities) shall apply.

7.

Form of Securities:

Dematerialised bearer form (au porteur)

8.

Business Day Centre(s):

The applicable Business Day Centre for the

purposes of the definition of "Business Day" in

Condition 1 is a day upon which the T2 system

is open

9.

Settlement:

Settlement will be by way of cash payment

(Cash Settled Securities).

10.

Rounding

Convention

for

Cash

Not applicable

Settlement Amount:

11. Variation of Settlement:

Issuer's option to vary settlement:

The Issuer does not have the option to vary

settlement in respect of the Securities.

12.

Final Payout

SPS Payouts

Vanilla Digital Securities

On the Redemption Date, if the Certificates

have not been automatically early redeemed or purchased and cancelled by the Issuer prior to

3

Payout Switch:

Aggregation:

  1. Relevant Asset(s):
  2. Entitlement:
  3. Exchange Rate / Conversion Rate:
  4. Settlement Currency:
  5. Syndication:
  6. Minimum Trading Size:
  7. Agent(s):
    1. Principal Security Agent:
    2. Security Agent(s):
  8. Registrar:
  9. Calculation Agent:
  10. Governing law:
  11. Masse provisions (Condition 9.4):

4

the Redemption Valuation Date, the Issuer shall redeem each Certificate at the following Cash Settlement Amount:

  1. if a Knock-in Event has occurred: Constant Percentage 1 + Bonus Coupon; or
  2. if no Knock-in Event has occurred: Constant Percentage 2.

where:

Bonus Coupon means 45.50%;

Constant Percentage 1 means 100%; and

Constant Percentage 2 means 100%.

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable.

The settlement currency for the payment of the Cash Settlement Amount is Euro ("EUR").

The Securities will be distributed on a non- syndicated basis.

EUR 1,000

BNP Paribas Financial Markets S.N.C.

Not applicable

Not applicable

BNP Paribas

10 Harewood Avenue, London NW1 6AA

French law

Full Masse

Name and address of the Representative:

SELARL MCM AVOCAT

Contact : rmo@avocat-mcm.com

10, rue de Sèze, 75009 Paris, France

Tel: +33 1 53 43 36 00

Fax: +33 1 53 43 36 01

Name and address of the alternate

Representative:

Maître Philippe MAISONNEUVE

Avocat

10, rue de Sèze, 75009 Paris, France

Tel: +33 1 53 43 36 00

Fax: +33 1 53 43 36 01

The Representative will receive a remuneration

of EUR 275 per annum plus VAT

PRODUCT SPECIFIC PROVISIONS

24.

Hybrid Securities:

Not applicable

25.

Index Securities:

Not applicable

26.

Share Securities:

Not applicable

27.

ETI Securities

Not applicable

28.

Debt Securities:

Not applicable

29.

Commodity Securities:

Not applicable

30.

Inflation Index Securities:

Not applicable

31.

Currency Securities:

Not applicable

32.

Fund Securities:

Not applicable

33.

Futures Securities:

Not applicable

34.

Credit Security Provisions:

Not applicable

35.

Underlying Interest Rate Securities:

Applicable

(a)

Underlying

Interest

Determination

Each Automatic Early Redemption Valuation

Date and the Redemption Valuation Date

Date(s):

(b)

Manner in which the Underlying Interest

Screen Rate Determination

Rate is to be determined:

(A) Screen Rate Determination:

Applicable

(a)

Underlying Reference

The EUR interest rate swap with a maturity of

Rate:

10 years which appears on the Relevant Screen

5

Page at the Specified Time on the relevant

Underlying Interest Determination Date

(b)

Specified Time:

11:00 am, Frankfurt time

  1. Relevant Screen Page: Reuters 'ICESWAP2' (or any successor page thereto)

(B) ISDA Determination

Not applicable

(c) Underlying Margin(s):

Not applicable

(d) Minimum Underlying Reference Rate:

Not applicable

(e) Maximum Underlying Reference Rate:

Not applicable

36.

Preference Share Certificates:

Not applicable

37.

OET Certificates:

Not applicable

38. Illegality (Security Condition 7.1) and Illegality: redemption in accordance with Security

Force Majeure (Security Condition 7.2):

Condition 7.1(d)

Force Majeure: redemption in accordance with

Security Condition 7.2(b)

39.

Additional Disruption Events

and

(a)

Additional

Disruption

Events:

Optional Additional Disruption Events:

Applicable

(b)

The following

Optional

Additional

Disruption Events apply to the

Securities:

Administrator/Benchmark Event

(c)

Redemption:

Delayed Redemption on Occurrence of an Additional Disruption Event and/or Optional Additional Disruption Event: Not applicable

40.

Knock-in Event:

Applicable

"less than or equal to"

(a)

SPS Knock-in Valuation:

Applicable

Where:

Knock-inValue means the Underlying Reference

Value.

SPS Valuation Date means the Knock-in

Determination Day.

6

Underlying Reference has the meaning given to such term in item 35(b)(A)(a) above.

Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Underlying Reference Rate in respect of such day.

Underlying Reference Strike Price means 1.

Underlying Reference Value means, in respect of an

Underlying Reference and a SPS Valuation Date, (i)

the Underlying Reference Closing Price Value for such

Underlying Reference in respect of such SPS

Valuation Date (ii) divided by the Underlying

Reference Strike Price

(b)

Level:

Not applicable

(c)

Knock-inLevel/Knock-in Range

Knock-in Level: 2.50%

Level/Knock-in

Bottom

Level/Knock-in Top Level:

  1. Knock-inPeriod Beginning Date: Not applicable

(e)

Knock-in Period Beginning Date Not applicable

Day Convention:

  1. Knock-inDetermination Period: Not applicable
  2. Knock-inDetermination Day(s): The Redemption Valuation Date

(h)

Knock-in Period Ending Date:

Not applicable

  1. Knock-inPeriod Ending Date Not applicable Day Convention:

(j)

Knock-in Valuation Time:

Not applicable

(k)

Knock-in Observation

Price Not applicable

Source:

(l)

Disruption Consequences:

Not applicable

41.

Knock-out Event:

Not applicable

42. EXERCISE, VALUATION AND REDEMPTION

  1. Notional Amount of each EUR 1,000 Certificate:

(b)

Partly Paid Certificates:

The Certificates are not Partly Paid Certificates

(c)

Interest:

Not applicable

7

(d)

Fixed Rate Provisions:

Not applicable

(e)

Floating Rate Provisions:

Not applicable

(f)

Linked Interest Certificates:

Not applicable

  1. Payment of Premium Amount(s): Not applicable
  2. Index Linked [Interest/Premium Not applicable Amount] Certificates:
  3. Share Linked [Interest/Premium Not applicable Amount] Certificates:
  4. ETI Linked [Interest/Premium Not applicable Amount] Certificates:
  5. Debt Linked [Interest/Premium Not applicable Amount] Certificates:

(l)

Commodity

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

(m)

Inflation

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

(n)

Currency

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

  1. Fund Linked [Interest/Premium Not applicable Amount] Certificates:

(p)

Futures Linked [Interest/Premium

Not applicable

Amount] Certificates:

(q)

Underlying Interest Rate Linked

Not applicable

Interest Provisions:

(r)

Instalment Certificates:

The Certificates are not Instalment Certificates

(s)

Issuer Call Option:

Not applicable

(t)

Holder Put Option:

Not applicable

(u)

Automatic Early Redemption:

Applicable

(i)

Automatic

Early

Single Standard Automatic Early Redemption: the SPS

Redemption Event:

AER Value is less than or equal to the Automatic Early

Redemption Level

8

(ii)

Automatic

Early

SPS Automatic Early Redemption Payout:

Redemption Payout:

NA x (100% + AER Exit Rate)

SPS AER Valuation is applicable

And where:

NA means EUR 1,000

SPS AER Value means Underlying Reference Value

SPS Valuation Date means Automatic Early

Redemption Valuation Date

Underlying Reference means the Underlying

Reference Rate

Underlying Reference Closing Price Value means, in

respect of a SPS Valuation Date, the Underlying

Reference Rate in respect of such day.

Underlying Reference Strike Price means 1.

Underlying Reference Value means, in respect of an

Underlying Reference and a SPS Valuation Date, (i)

the Underlying Reference Closing Price Value for such

Underlying Reference in respect of such SPS

Valuation Date (ii) divided by the relevant Underlying

Reference Strike Price.

(iii)

Automatic

Early

23 June 2025 (n=1), 22 June 2026 (n=2), 21 June 2027

Redemption Date(s):

(n=3), 21 June 2028 (n=4), 21 June 2029 (n=5), and 21

June 2030 (n=6)

(iv)

Automatic

Early

2.50 per cent.

Redemption Level:

(v)

Automatic

Early

Not applicable

Redemption Percentage:

(vi)

AER Rate:

n x 6.50%

(vii)

AER Exit Rate:

AER Rate

(viii)

Automatic

Early

19 June 2025 (n=1), 18 June 2026 (n=2), 17 June 2027

Redemption

Valuation

(n=3), 19 June 2028 (n=4), 19 June 2029 (n=5), and 19

Date(s)/Period(s):

June 2030 (n=6)

(v)

Strike Date:

Not applicable

9

(w)

Strike Price:

Not applicable

(x)

Redemption Valuation Date:

19 June 2031

(y)

Averaging:

Not applicable

(z)

Observation Dates:

Not applicable

(aa)

Observation Period:

Not applicable

(bb)

Settlement Business Day:

Not applicable

(cc)

Cut-off Date:

Not applicable

(dd)

Security Threshold on the Issue

Not applicable

Date:

  1. Identification information of Not applicable Holders as provided by Condition
    29:

DISTRIBUTION AND US SALES ELIGIBILITY

  1. U.S. Selling Restrictions:
  2. Additional U.S. Federal income tax considerations:
  3. Registered broker/dealer:
  4. TEFRA C or TEFRA Not Applicable:
  5. Non-exemptOffer:
    1. Non-exemptOffer Jurisdictions:
    2. Offer Period:
    3. Financial intermediaries granted specific consent to use the Base Prospectus in accordance with the Conditions in it:

Not applicable

The Securities are not Specified Securities for the purpose of Section 871(m) of the U.S. Internal Revenue Code of 1986

Not applicable

TEFRA Not Applicable

Applicable

France

From and including 29 April 2024 to and including 29 May 2024

None

(iv) General Consent:

Applicable

  1. Other Authorised Offeror Terms: Not applicable

48. Prohibition of Sales to EEA and UK Investors:

  1. Prohibition of Sales to EEA Not applicable Retail Investors:

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BNP Paribas SA published this content on 30 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2024 10:25:22 UTC.