Saint Gobain Or Regulatory News (COD)

SAINT-GOBAIN HAS SUCCESSFULLY PRICEDITS FIRST GREEN BONDWITH A DOUBLE TRANCHE ISSUE:

· EUR 1 billion with a 6-year maturity and a 3.375% coupon

· EUR 1 billion with a 10-year maturity and a 3.625% coupon

Sustainable growth is at the heart of Saint-Gobain's strategy as the worldwide leader in light and sustainable construction. It is also illustrated in its financing: after a Sustainability Linked Bond in August 2022 and the renewal in December 2023 of its backup revolving credit facility as a Sustainability Linked Loan, Saint-Gobain today priced a double Green Bond whose proceeds will be used to finance projects aligned with the European taxonomy. This is a first for the Group, in line with its positioning and its sustainable commitments.

With this transaction Saint-Gobain also took advantage of favorable market conditions to extend the average maturity of its debt, while optimizing its financing costs.

The bonds were about 3 times oversubscribed with close to 200 investors demonstrating confidence in the Group's credit quality.

Saint-Gobain's long-term senior debt is rated BBB+ (stable outlook) by Standard & Poor's and Baa1 (stable outlook) by Moody's.

Sreedhar N., Chief Financial Officer of Saint-Gobain, commented:

"As the worldwide leader in light and sustainable construction, sustainable growth is at the heart of Saint-Gobain's business model and central to its "Grow & Impact" strategy. The Group is both reducing its own carbon footprint and at the forefront of decarbonizing the construction sector with its low-carbon commercial offers aimed at maximizing the positive impact for its customers. In line with this ambition, I am delighted to announce the issuance of our first Green Bond today, reinforcing our commitment to further invest in sustainable construction."

BNP Paribas (sole structuring advisor of the Green Bond) and HSBC acted as global coordinators and bookrunners, while Crédit Agricole CIB, ING, Intesa Sanpaolo S.p.A., Santander, Société Générale and Standard Chartered Bank, also acted as bookrunners on this bond issue.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

?47.9 billion in sales in 2023

160,000 employees, locations in 76 countries

Committed to achieving net zero carbon emissions by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain