Redemption of Securities

NATIONWIDE BUILDING SOCIETY*

(the Issuer)

NOTICE

to the holders of the

£300,000,000 2.625 per cent. Fixed Rate Reset Callable Subordinated Tier 2 Capital Notes due 2031 originally issued by Virgin Money UK PLC ("VMUK") under the £10,000,000,000 Global Medium Term Note Programme of VMUK and Clydesdale Bank PLC

(ISIN: XS2343851510)

(the Notes)

NOTICE IS HEREBY GIVEN by the Issuer to the Noteholders that, having satisfied the pre-conditions to, or requirements applicable to the redemption of the Notes in accordance with Condition 9(1) (Restriction on Early Redemption or Repurchase of the Notes) of the Notes, the Issuer will redeem the Notes in full on 19 May 2026 (in accordance with the Following Business Day convention) pursuant to Condition 9(b) (Redemption at the option of the Issuer) of the Notes.

The Notes will be redeemed at their principal amount, together with unpaid interest accrued to (but excluding) 19 May 2026. 

Following redemption of the Notes, (i) the Notes will be cancelled and no further interest payments will be made and (ii) request will be made to the Financial Conduct Authority (the FCA) for the listing of the Notes on the Official List of the FCA and the admission to trading on the regulated market of the London Stock Exchange to be cancelled.

Unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the terms and conditions of the Notes (the Conditions).

For further information, please contact:

Nationwide Building Society

Vikas Sidhu

Head of Investor Relations

Telephone: +44 (0) 7738 273 287

Email: [email protected]

Nationwide Building Society

Nationwide House

Pipers Way

Swindon SN38 1NW

Dated: 20 March 2026

* LEI: 549300XFX12G42QIKN8