In accordance with Condition 13 (Notices) of each Series, Emirates NBD Bank PJSC gives notice to the holders of the Notes that, following the consent of the Noteholders, the Issuer has amended and restated the Final Terms in respect of each Series in the form annexed hereto (each the "Amended Final Terms" in respect of the relevant Series). Amongst other amendments, the Reference Rate in respect of the Notes, with effect from the Interest Period commencing in August 2023, shall be the compounded daily Secured Overnight Financing Rate calculated using the five U.S. Government Securities Business Day backward observation shift. This notice is only intended to provide a summary of the primary amendment made in respect of the Notes.

Holders of Notes should refer to the relevant Amended Final Terms for the full amendments made to the terms and conditions of the relevant Series of Notes.