Orange successfully launched and priced a Sustainability Bond issue for a total amount of EUR 500 million to finance projects that fully reflect the Group s ambitions in both the green and social fields. As of Orange has raised EUR 1bn of Sustainability Bonds in total, following the inaugural EUR 500 million transaction conducted in 2020. As part of its strategic plan "Engage 2025", the Group has undertaken commitments towards digital inclusion, social inclusion, and the fight against climate change. More specifically, Orange intends to allocate a c.50% of the funds raised into digital and social inclusion projects and c.50% of the funds to energy efficiency and circular economy projects. The bond issue consists of a total nominal of EUR 500 million, with a maturity of 10 years and an annual coupon of 2.375%. This issue, which was more than 5 times oversubscribed, was met with great interest from French and international ESG investors, allowing Orange to broaden its investor base and continue to proactively manage its funding structure. bond characteristics: Format is Fixed rate, term is 10 year, Notional is 500 million, coupon is 2.375% and re-offer spread is m/s+60 bps.