FINAL TERMS FOR CERTIFICATES

FINAL TERMS DATED 25 APRIL 2024

BNP Paribas Issuance B.V.

(incorporated in The Netherlands)

(as Issuer)

Legal entity identifier (LEI): 7245009UXRIGIRYOBR48

BNP Paribas

(incorporated in France)

(as Guarantor)

Legal entity identifier (LEI): R0MUWSFPU8MPRO8K5P83

Issue of up to SEK 30,000,000 Credit Linked Certificates with principal and interest at risk on a 12%

to 32% tranche of the iTraxx Europe Crossover Series 41 Version 1 due July 2029

under the Note, Warrant and Certificate Programme

of BNP Paribas Issuance B.V., BNP Paribas and BNP Paribas Fortis Funding

The Base Prospectus received approval no. 23-197 on 31 May 2023

Any person making or intending to make an offer of the Securities may only do so:

  1. in those Non-exempt Offer Jurisdictions mentioned in Paragraph 47 of Part A below, provided such person is a Manager or an Authorised Offeror (as such term is defined in the Base Prospectus) and that the offer is made during the Offer Period specified in that paragraph and that any conditions relevant to the use of the Base Prospectus are complied with; or
  2. otherwise in circumstances in which no obligation arises for the Issuer, the Guarantor or any Manager to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or to supplement a prospectus pursuant to Article 23 of the Prospectus Regulation, in each case, in relation to such offer.

None of the Issuer, the Guarantor or any Manager has authorised, nor do they authorise, the making of any offer of Securities in any other circumstances.

Investors should note that if a supplement to or an updated version of the Base Prospectus referred to below is published at any time during the Offer Period (as defined below), such supplement or updated base prospectus, as the case may be, will be published and made available in accordance with the arrangements applied to the original publication of these Final Terms. Any investors who have indicated acceptances of the Offer (as defined below) prior to the date of publication of such supplement or updated version of the Base Prospectus, as the case may be, (the "Publication Date") have the right within two working days of the Publication Date to withdraw their acceptances.

Investors who, before the Base Prospectus is published, have already agreed to purchase or subscribe for the Securities which are the subject of the Non-exempt Offer, where the Securities have not yet been delivered to

1

such investors, have the right, exercisable within the period of three working days after the publication of the Base Prospectus to withdraw their acceptances.

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base Prospectus dated 31 May 2023, each Supplement to the Base Prospectus published and approved on or before the date of these Final Terms (copies of which are available as described below) and any other Supplement to the Base Prospectus which may have been published and approved before the issue of any additional amount of Securities (the "Supplements") (provided that to the extent any such Supplement (i) is published and approved after the date of these Final Terms and (ii) provides for any change to the Conditions of the Securities such changes shall have no effect with respect to the Conditions of the Securities to which these Final Terms relate) which together constitutes a base prospectus for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation") (the "Base Prospectus"). This document constitutes the Final Terms of the Securities described herein for the purposes of the Prospectus Regulation and must be read in conjunction with the Base Prospectus to obtain all the relevant information. A summary of the Securities is annexed to these Final Terms. The Base Prospectus and any Supplements to the Base Prospectus and these

Final Terms are available for viewing at https://rates- globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspx and copies may be obtained free of charge at the specified offices of the Security Agents.

References herein to numbered Conditions are to the terms and conditions of the relevant series of Securities and words and expressions defined in such terms and conditions shall bear the same meaning in these Final Terms in so far as they relate to such series of Securities, save as where otherwise expressly provided.

These Final Terms relate to the series of Securities as set out in "Specific Provisions for each Series" below. References herein to "Securities" shall be deemed to be references to the relevant Securities that are the subject of these Final Terms and references to "Security" shall be construed accordingly.

SPECIFIC PROVISIONS FOR EACH SERIES

Series Number:

Tranche Number:

Number of Securities issued: Number of Securities:

ISIN:

Common Code:

FICRT 16031 AP

1

Up to 3,000

Up to 3,000

SE0022050159

Notice of the Common Code will be published after the Trade Date in the same manner as the publication of these Final Terms and be available by accessing the following link: http://eqdpo.bnpparibas.com/SE0022050159

Issue Price per Security:

94.25 per cent. of the Notional Amount

Redemption Date:

04 July 2029

Relevant Jurisdiction:

Not applicable

2

Share Amount/Debt Security Amount:

Not applicable

Specified Securities pursuant to Section

No

871(m):

GENERAL PROVISIONS

The following terms apply to each series of Securities:

1.

Issuer:

BNP Paribas Issuance B.V.

2.

Guarantor:

BNP Paribas

3.

Trade Date:

13 June 2024

4.

Issue Date and Interest Commencement

27 June 2024

Date:

5.

Consolidation:

Not applicable

6.

Type of Securities:

(a)

Certificates

(b)

The Securities are Credit Securities.

The provisions of Annex 12 (Additional Terms and

Conditions for Credit Securities) shall apply.

7.

Form of Securities:

Swedish Dematerialised Securities

8.

Business Day Centre(s):

The applicable Business Day Centres for the purposes

of the definition of "Business Day" in Condition 1 are

Stockholm and London

9.

Settlement:

Settlement will be by way of cash payment (Cash

Settled Securities).

10.

Rounding

Convention

for

Cash

Not applicable

Settlement Amount:

11. Variation of Settlement:

Issuer's option to vary settlement:

The Issuer does not have the option to vary settlement

in respect of the Securities.

12.

Final Payout

Not applicable

Payout Switch:

Not applicable

Aggregation:

Not applicable

13.

Relevant Asset(s):

Not applicable

14.

Entitlement:

Not applicable

3

  1. Exchange Rate / Conversion Rate:
  2. Settlement Currency:
  3. Syndication:
  4. Minimum Trading Size:
  5. Agent(s):
    1. Principal Security Agent:
    2. Security Agent(s):
  7. Registrar:
  8. Calculation Agent:
  9. Governing law:
  10. Masse provisions (Condition 9.4):

PRODUCT SPECIFIC PROVISIONS

  1. Hybrid Securities:
  2. Index Securities:
  3. Share Securities:
  4. ETI Securities
  5. Debt Securities:
  6. Commodity Securities:
  7. Inflation Index Securities:
  8. Currency Securities:
  9. Fund Securities:
  10. Futures Securities:
  11. Credit Security Provisions:
    1. Type of Credit Securities:

4

Not applicable.

The settlement currency for the payment of the Cash Settlement Amount is Swedish Krona ("SEK").

The Securities will be distributed on a non-syndicated basis.

SEK 10,000

The Swedish Security Agent is indicated in paragraph 6 of Part B - "Operational Information"

Not applicable

Not applicable

BNP Paribas

10 Harewood Avenue

London NW1 6AA

English law

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Not applicable

Applicable

  1. Single Reference Entity Not applicable Credit Securities:

(ii)

Nth-to-Default

Credit Not applicable

Securities:

  1. Basket Credit Securities: Not applicable

(iv)

Tranched

Credit Applicable

Securities:

Attachment Point: 12%

Exhaustion Point: 32%

Incurred Recoveries: Not applicable

  1. Credit Linkage:

(i)

Reference Entity(ies):

Index Credit Securities

Relevant Annex:

iTraxx Europe Crossover Series 41 Version 1

Index RED Code: 2I667KKT4;

Roll Date: 20 March 2024;

Annex Date: 15 March 2024.

Index Sponsor: Markit Indices Limited, or any

successor thereto

(ii)

Transaction Type:

As specified in the Relevant Annex

(iii)

Reference Entity Notional

As specified in the Relevant Annex

Amount/Reference Entity

Weighting:

  1. Reference Obligation(s): Applicable

Standard

Reference

As specified in the Relevant Annex

Obligation:

Seniority Level:

As specified in the Relevant Annex

  1. Credit Linked Interest Not applicable Only:
  2. Credit-LinkedPrincipal Not applicable Only:
  1. Terms relating to Credit Event Settlement

(i)

Settlement Method:

Zero Recovery

5

(ii)

Credit Unwind Costs

Not applicable

(iii)

Settlement at Maturity:

Not applicable

(iv)

Settlement Currency

SEK

  1. Miscellaneous Credit Terms

(i)

Merger Event:

Not applicable

  1. Credit Event Backstop 14 June 2024 Date:

(iii)

Credit Observation Period

Applicable: 20 June 2029

End Date:

(iv)

CoCo Supplement:

Not applicable

(v)

LPN Reference Entities:

Not applicable

(vi)

NTCE Provisions:

As per the Transaction Type

(vii)

Accrual of

Interest upon

Accrual to: Interest Payment Date

Credit Event:

(viii)

Interest

following

Not applicable

Scheduled Redemption:

  1. Hybrid Credit Securities: Not applicable
  2. Bonus Coupon Credit Not applicable Securities:

(xi)

Additional

Credit

Applicable

Security

Disruption

Change in Law: Applicable

Events:

Hedging Disruption: Applicable

Increased Cost of Hedging: Applicable

Disruption redemption basis: Fair Market Value

(xii)

Change

in

Standard

Applicable

Terms

and

Market

Conventions:

  1. Hedging Link Provisions: Applicable

(xiv)

Calculation

and

Applicable

Settlement Suspension:

(xv)

Additional

Credit

Not applicable

Provisions:

6

35.

Underlying Interest Rate Securities:

Not applicable

36.

Preference Share Certificates:

Not applicable

37.

OET Certificates:

Not applicable

38. Illegality (Security Condition 7.1) and Illegality: redemption in accordance with Security

Force Majeure (Security Condition 7.2):

Condition 7.1(d)

Force Majeure: redemption in accordance with

Security Condition 7.2(b)

39.

Additional Disruption Events and

(a)

Additional Disruption Events: Not

Optional Additional Disruption Events:

applicable

(b)

The following Optional Additional

Disruption Events apply to the

Securities:

Administrator/Benchmark Event

(c)

Redemption:

Delayed Redemption on Occurrence

of an Additional Disruption Event

and/or Optional Additional Disruption

Event: Not applicable

40.

Knock-in Event:

Not applicable

41.

Knock-out Event:

Not applicable

42. EXERCISE, VALUATION AND REDEMPTION

  1. Notional Amount of each SEK 10,000 Certificate:

(b)

Partly Paid Certificates:

The Certificates are not Partly Paid Certificates

(c)

Interest:

Applicable

(i)

Interest Period(s):

As specified in the Conditions

(ii)

Interest Period

End

04 January, 04 April, 04 July and 04 October in each

Date(s):

year, from and including 04 October 2024 to and

including 04 July 2029

(iii)

Business

Day

None

Convention for

Interest

Period End Date(s):

7

  1. Interest Payment Date(s): 04 January, 04 April, 04 July and 04 October in each year, from and including 04 October 2024 to and including 04 July 2029

(v)

Business

Day

Following

Convention

for

Interest

Payment Date(s):

(vi)

Party

responsible

for

Calculation Agent

calculating the Rate(s) of

Interest

and

Interest

Amount(s)

(if

not

the

Calculation Agent):

(vii)

Margin(s):

Not applicable

(viii)

Minimum Interest Rate:

As specified in the Conditions

(ix)

Maximum Interest Rate:

Not applicable

(x)

Day Count Fraction:

30/360

(xi)

Determination Dates:

Not applicable

(xii)

Accrual to Redemption:

Not applicable

(xiii)

Rate of Interest:

Fixed Rate

(xiv) Coupon Rate:

Not applicable

(d)

Fixed Rate Provisions:

Applicable

  1. Fixed Rate of Interest A percentage expected to be approximately 8.25 per

(excluding on

overdue

cent. per annum but which will not be less than 6.00

amounts

after

per cent. per annum as determined by the Issuer on the

Redemption Date or date

Trade Date after the end of the Offer Period. Notice of

set for early redemption):

the Fixed Rate of Interest will be published in the same

manner as the publication of these Final Terms and be

available by accessing the following link:

http://eqdpo.bnpparibas.com/SE0022050159.

Such

determination will be binding for purchasers of the

Securities

(ii)

Fixed

Coupon

Not applicable

Amount(s):

(e)

Floating Rate Provisions:

Not applicable

(f)

Linked Interest Certificates:

Not applicable

  1. Payment of Premium Amount(s): Not applicable

8

(h)

Index Linked

[Interest/Premium

Not applicable

Amount] Certificates:

(i)

Share Linked

[Interest/Premium

Not applicable

Amount] Certificates:

  1. ETI Linked [Interest/Premium Not applicable Amount] Certificates:
  2. Debt Linked [Interest/Premium Not applicable Amount] Certificates:

(l)

Commodity

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

(m)

Inflation

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

(n)

Currency

Linked

Not applicable

[Interest/Premium

Amount]

Certificates:

  1. Fund Linked [Interest/Premium Not applicable Amount] Certificates:

(p)

Futures Linked [Interest/Premium

Not applicable

Amount] Certificates:

(q)

Underlying Interest Rate Linked

Not applicable

Interest Provisions:

(r)

Instalment Certificates:

The Certificates are not Instalment Certificates

(s)

Issuer Call Option:

Not applicable

(t)

Holder Put Option:

Not applicable

(u)

Automatic Early Redemption:

Not applicable

(v)

Strike Date:

Not applicable

(w)

Strike Price:

Not applicable

(x)

Redemption Valuation Date:

Not applicable

(y)

Averaging:

Not applicable

(z)

Observation Dates:

Not applicable

(aa)

Observation Period:

Not applicable

9

(bb)

Settlement Business Day:

Not applicable

(cc)

Cut-off Date:

Not applicable

(dd)

Security Threshold on the Issue

Not applicable

Date:

  1. Identification information of Not applicable Holders as provided by Condition
    29:

DISTRIBUTION AND US SALES ELIGIBILITY

43.

U.S. Selling Restrictions:

Not applicable

44. Additional U.S. Federal income tax The Securities are not Specified Securities for the

considerations:

purpose of Section 871(m) of the U.S. Internal

Revenue Code of 1986

45.

Registered broker/dealer:

Not applicable

46.

TEFRA C or TEFRA Not Applicable:

TEFRA Not Applicable

47.

Non-exempt Offer:

Applicable

(i) Non-exempt Offer Jurisdictions:

The Kingdom of Sweden

(ii) Offer Period:

From and including 25 April 2024 to and including 29

May 2024

(iii) Financial intermediaries granted

Strivo AB

specific consent to use the Base

Stora Badhusgatan 18-20

Prospectus in accordance with the

411 21 Göteberg

Conditions in it:

Sweden

(the "Distributor" or "Authorised Offeror")

(iv) General Consent:

Not applicable

  1. Other Authorised Offeror Terms: Not applicable

48. Prohibition of Sales to EEA and UK Investors:

  1. Prohibition of Sales to EEA Not applicable Retail Investors:

(b)

Prohibition of Sales to Belgian

Not applicable

Consumers:

(c)

Prohibition of Sales to UK Retail

Not applicable

Investors:

10

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Disclaimer

BNP Paribas SA published this content on 26 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2024 14:24:58 UTC.