Covered bonds

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This material has been placed on this website by The NatWest Group plc and its affiliates ("NatWest Group") for information purposes only. The information contained herein does not constitute a public offer of securities under any applicable legislation or an offer to sell or solicitation or an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. The distribution of material on this website may be restricted by local law or regulations in certain jurisdictions. This information is not intended for distribution to, or use by, any person or entity in any such jurisdiction or country where such distribution or use would be contrary to local law or regulation. Persons accessing these pages are required to inform themselves about and observe such restrictions and by accessing these pages you represent that you are a person into whose possession the material can be lawfully delivered in accordance with the laws of the jurisdiction in which you are located.

The material and information on this website is intended to be distributed only to, and is directed only at, (i) persons who have professional experience in matters relating to investments, falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005; and (ii) any other persons to whom this material may otherwise be lawfully communicated. It must not be acted on or relied on by any other persons.

Nothing on this website constitutes an offer of securities for sale to any person in the United States or to any US person as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (a "US person"). Persons accessing this site are deemed to represent that they are not accessing this site from inside the United States and that they are not a US person and they are not a United States person (as defined in Section 7701(a)(30) of the U.S. Internal Revenue Code of 1986, as amended).

Whilst NatWest Group has taken all reasonable steps to ensure that each of the prospectuses and all other information contained on this website is accurate as of the date stated, NatWest Group excludes to the full extent permitted under applicable law any warranties, undertakings or representations that the prospectuses or any other information contained on this website is accurate, current or complete. Neither NatWest Group nor any other person has any obligation, or has assumed any responsibility, to update the information contained in any such prospectuses, or any other information contained on this website for facts or events arising after the date the prospectuses or information is published. Any person accessing this website should therefore be aware that the information contained in any prospectus or incorporated by reference into any such prospectus or otherwise on this website may be out of date.

Review by any person accessing this website of the material contained herein is not a substitute for a detailed review of the information contained in the programme prospectus, as the same may be updated, amended and/or supplemented from time to time. Potential investors in the securities described herein are required and advised by NatWest Group to read in full the programme prospectus, and are reminded that the contents thereof will be updated, amended and/or supplemented from time to time to take account of (amongst other things) further publically available information about NatWest Group.

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The information contained in this website has been converted from the format from which the original version of such information was printed. Reasonable care has been exercised to provide accurate information but there can be no assurance that this information is free from error.

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