CALL NOTICE IN RESPECT OF EUR 1,000,000,000 Fixed to Floating Rate Callable Non-Preferred Senior Notes 2021 due 2027 (ISIN XS2416413339) (the “Notes”)

Coöperatieve Rabobank U.A. (the “Issuer”) issued the Notes on 1 December 2021. In accordance with condition 6 (c) of the terms and conditions of the Notes (the “Conditions”), and subject to certain conditions, the Issuer may redeem the Notes on the early redemption date of 1 December 2026. Notice is hereby given to the holders of the Notes, the Fiscal Agent and the Paying Agents that, pursuant to and in accordance with condition 6(c) of the Conditions, the Issuer has elected to redeem, and will redeem, all of the Notes at 100% of their nominal amount, together with any accrued and unpaid interest on 1 December 2026.

Fiscal Agent and Paying Agent

Deutsche Bank AG, London Branch
Winchester House
1, Great Winchester Street
London EC2N 2DB
United Kingdom

Paying Agent

Coöperatieve Rabobank U.A.
Croeselaan 18
3521 CB Utrecht
The Netherlands