16 July 2026

Publication of Final Terms

The final terms in relation to the issue of EUR500,000,000 4.750 per cent. Notes due 20 July 2032 by the Republic of Serbia (represented by the Government of the Republic of Serbia, acting by and through the Ministry of Finance) under its Global Medium Term Note Programme

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http://www.rns-pdf.londonstockexchange.com/rns/6434M_1-2026-7-16.pdf

For further information, please contact: 

[email protected]

Republic of Serbia (represented by the Government of the Republic of Serbia, acting by and through the Ministry of Finance)

20 Kneza Milosa Street

11000 Belgrade

Republic of Serbia

DISCLAIMER - INTENDED ADDRESSEES

The Final Terms referred to above must be read in conjunction with the base offering memorandum dated 27 April 2026 in respect of the Global Medium Term Note Programme (the "Base Offering Memorandum").

Please note that the information contained in this announcement, the Final Terms and the Base Offering Memorandum may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Final Terms and/or the Base Offering Memorandum) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Final Terms and/or the Base Offering Memorandum is not addressed. Prior to relying on the information contained in this announcement, the Final Terms and/or the Base Offering Memorandum you must ascertain from the Final Terms and the Base Offering Memorandum whether or not you are part of the intended addressees of the information contained therein.

In particular, this announcement, the Final Terms and the Base Offering Memorandum do not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction. The securities referred to in this announcement and the Final Terms have not been and will not be registered under the United States Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act, and the rules and regulations thereunder. The Issuer does not intend to register any of the securities referred to in this announcement and the Final Terms in the United States or to conduct a public offering of the securities referred to in this announcement and the Final Terms in the United States or elsewhere.

The Final Terms have been made available to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of the Issuer, its advisers nor any person who controls any of them nor any director, officer, employee nor agent of it or affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between the Final Terms made available to you in electronic format and the hard copy version available to you on request from the Issuer.

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