At any time to (but excluding) 03 June 2035, the Issuer may on giving not less than 30 nor more than 60 days’ irrevocable notice to the Noteholders in accordance with Condition 16 and to the Trustee, the Principal Paying Agent, the CDP Registrar and the Determination Agent in writing, redeem all or some of the Notes at any time and from time to time (such date of redemption, the “Make-Whole Redemption Date”), at the MakeWhole Redemption Amount (as determined by the Determination Agent).

For the purposes of this Condition 6(d): “Make-Whole Redemption Amount” means an amount equal to the greater of:

(1) (i) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Make-Whole Redemption Date (assuming the Notes matured on the Par Call Date), less (ii) interest accrued to the Make-Whole Redemption Date; and

(2) 100 per cent. of the outstanding principal amount of the Notes to be redeemed,

plus, in either case, accrued and unpaid interest thereon to, but excluding, the Make-Whole Redemption Date.

In this Condition 6(d)(A) “present value” shall be calculated by discounting the relevant amounts to the Make-Whole Redemption Date at the rate equal to the sum of: (1) the SORA-OIS corresponding to the duration of the remaining period to the Par Call Date of the Note expressed on a semi-annual basis (rounded up, if necessary, to four decimal places) (the “Make-Whole Call Reference Rate”) on the fifth business day prior to the Make- Whole Redemption Date (the “Make-Whole Amount Determination Date”), provided that if there is no rate corresponding to the relevant period, the SORAOIS used will be the interpolated interest rate as calculated using the SORA-OIS or the two periods most closely approximating the duration of the remaining period to the Par Call Date and (2) [TBD] per cent..