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De Volksbank announces call of EUR 500 million Tier 2 Subordinated Notes

With reference to the Terms and Conditions of the EUR 500,000,000 3.75% Callable Resettable Dated Subordinated Notes due 5 November 2025 (ISIN XS1315151388) callable on 5 November 2020 and issued under the Debt Issuance Programme of de Volksbank N.V. (formerly known as SNS Bank N.V.) dated 19 October 2015 de Volksbank announces to exercise its right to redeem these Notes in full on 5 November 2020.

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