On the fulfillment of obligations on Eurobonds of the Republic of Belarus Belarus-2023 and Belarus-2030 on February 28, 2023

The amortization payments on Eurobonds of the Republic of Belarus Belarus-2023 in the amount of 800.0 million US dollars in equivalent and interest payments on Eurobonds of the Republic of Belarus Belarus-2023 in the amount of 27.5 million US dollars in equivalent and Belarus-2030 in the amount of 18.6 million US dollars in equivalent have been made on February 28, 2023.

The funds have been credited in full to a separate bank account opened in JSC “ASB Belarusbank”, in accordance with Resolution of the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus dated April 6, 2022 No. 212/10 "On Temporary Measures for the Fulfillment of External State Debt Obligations".

Holders of Eurobonds are also entitled to receive payments from the specified account upon presentation of the relevant application and verification provided for by Resolution of the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus dated September 26, 2022 No. 643/20 "On Special Transactions with Government Securities".

The specified procedure for the fulfillment of obligations under Eurobonds is applied due to the existing sanctions restrictions, including the National Bank as a financial agent of the Government of the Republic of Belarus, as well as the inability of the Western payment infrastructure to ensure that payments are brought to all holders of Eurobonds under sanctions.