On June 7, 2021, HP Inc. priced a $2,000,000,000 notes offering, consisting of $1,000,000,000 in aggregate principal amount of 1.450% notes due 2026 and $1,000,000,000 in aggregate principal amount of 2.650% notes due 2031. The offering is expected to close on June 16, 2021, subject to customary closing conditions. The company intends to use the net proceeds from the sale of the 2026 Notes for general corporate purposes, including the redemption of all the company's outstanding 4.375% Global Notes due 2021 and 4.650% Global Notes due 2021, and it intends to allocate an amount equal to the net proceeds from the sale of the 2031 Notes to finance or refinance, in whole or in part, one or more new or existing Eligible Projects. Eligible Projects' are investments and expenditures made by the Company or any of its subsidiaries beginning after the issuance of the 2031 Notes, or in the 24 months prior to the issuance of the 2031 Notes, in or on eligible Green Projects and/or Social Projects as defined in and aligned with the four core components of the Green Bond Principles, 2018, the Social Bond Principles, 2020, and the Sustainability Bond Guidelines, 2020.