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Issuance Terms and Conditions of the 109th Issue (T-Bond 0.00%, 21 - CZ0001005706)

The estimated total nominal value of the issue of Bonds is 2 000 000 000 EUR (in words: two billion euro). In accordance with s. 7 of the Bonds Act, Act No. 190/2004 Coll. as amended the Bonds may be issued in smaller or larger volume than the estimated total nominal value of the issue. The possible increase in the volume of the issue is 2 000 000 000 EUR (in words: two billion euro).

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