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REG-Commerzbank AG: Pre-Stab Euroigrid GmbH EUR Benchmark FRN 2030

Pre-Stabilisation Notice

April 17, 2023

Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.

Euroigrid GmbH

EUR Benchmark Fixed Rate Notes due 27 April 2030

Launched pursuant to the Issuer’s Debt Issuance Programme.

Commerzbank AG (contact: Ian Turner; telephone: +44-207-7475-1817) hereby
announces, as Stabilisation Coordinator, that the Stabilising Managers named
below may stabilise the offer of the following securities in accordance with
Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse
Regulation (EU Regulation 596/2014).

 The security to be stabilised:                                                                                                                                                                
 Issuer:                                                                    Eurogrid GmbH                                                                                                      
 Guarantor (if any):                                                        none                                                                                                               
 Aggregate nominal amount:                                                  EUR Benchmark                                                                                                      
 Description:                                                               EUR Benchmark Fixed Rate Notes due 27 April 2030                                                                   
 Offer price:                                                               tbc                                                                                                                
 Other offer terms:                                                         DIP, denoms 100k, listing Luxembourg Stock Exchange                                                                
 Stabilisation:                                                                                                                                                                                
 Stabilisation Coordinator: Stabilising Managers:                           Commerzbank AG BNP Paribas ING Bank NatWest Markets N.V.                                                           
 Stabilisation period expected to start on:                                 April 17, 2023                                                                                                     
 Stabilisation period expected to end on:                                   no later than 30 days after the proposed issue date of the securities                                              
 Existence, maximum size and conditions of use of over-allotment facility.  The Stabilising Managers may over-allot the securities to the extent permitted in accordance with applicable law.  
 Stabilisation trading venue:                                               Luxembourg Stock Exchange                                                                                          

In connection with the offer of the above securities, the Stabilising
Manager(s) may over-allot the securities or effect transactions with a view to
supporting the market price of the securities during the stabilisation period
at a level higher than that which might otherwise prevail. However,
stabilisation may not necessarily occur and any stabilisation action, if
begun, may cease at any time Any stabilisation action or over-allotment shall
be conducted in accordance with all applicable laws and rules.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

This announcement is not for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would
be unlawful.

END



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