Admission to Trading on the LSE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

Admission to Trading on the LSE

13 March 2025

The Republic of Armenia (acting through the Ministry of Finance) announces that its U.S.$750,000,000 6.750% Notes due 2035 (the "Notes") have today been admitted to the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange.

The Offering Memorandum with respect to the Notes can be accessed via the following link:

http://www.rns-pdf.londonstockexchange.com/rns/5499A_1-2025-3-13.pdf

For further information, please contact:

Samvel Khanvelyan

[email protected]

+37411 910 416

The Ministry of Finance of Armenia

1, Melik-Adamyan Street

Yerevan 0010

Republic of Armenia

Disclaimer

These materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the U.S. Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The issuer of the securities does not intend to register any part of the offering in the United States or to conduct a public offering of the securities in the United States.

The Notes have not been and will not be registered under the Securities Act, or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, pledged or otherwise transferred except (1) in accordance with Rule 144A under the Securities Act ("Rule 144A") to qualified institutional buyers (as defined in Rule 144A) ("QIBs") or (2) outside the United States in reliance on Regulation S under the Securities Act, in each case in accordance with any applicable securities laws of any state of the United States.

The distribution of the Offering Memorandum in certain jurisdictions may be restricted by law and therefore persons into whose possession the Offering Memorandum comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions could result in a violation of the laws of such jurisdiction. In particular, the Offering Memorandum is not for public distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia. In addition, the Offering Memorandum may only be distributed in the United States to persons reasonably believed to be QIBs.