FINAL TERMS FOR NOTES

The Base Prospectus expires on 31 May 2024 and the Issuer intends that the Base Prospectus will be

updated before expiry. The updated base prospectus will be available on https://rates-

globalmarkets.bnpparibas.com/documents/legaldocs/resourceindex.htm.

FINAL TERMS DATED 15 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 EUR 30,000,000 Underlying Interest Rate Linked Interest Notes due 17 June 2036

ISIN: FR001400P7K0

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. 23-195 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 50 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 supplement 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

such investors, have the right, exercisable within the period of two working days after the publication of the supplement 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 (the "Conditions") set forth in the Base Prospectus dated 31 May 2023 and 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) notwithstanding the publication and approval of any other Supplement to the 2023 Base Prospectus (each a "2023 Future Supplement") which may have been published and approved after the date of these Final Terms and before the end of the public offer period of the Securities to which these Final Terms relate (together, the "2023 Base Prospectus") and/or an updated Base Prospectus (and any Supplement(s) thereto, each a "2024 Future Supplement"), which will replace the 2023 Base Prospectus (the "2024 Base Prospectus") (the date of any such publication and approval, each a "Publication Date"). This document constitutes the Final Terms of the Securities described herein for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation") and (i) prior to any Publication Date, must be read in conjunction with the 2023 Base Prospectus or (ii) on and after any Publication Date must be read in conjunction with the 2023 Base Prospectus, as supplemented by any 2023 Future Supplement as at such date or, as applicable, the 2024 Base Prospectus, as supplemented by any 2024 Future Supplement as at such date, save in respect of the Conditions which are extracted from the 2023 Base Prospectus to obtain all the relevant information. The 2023 Base Prospectus, as supplemented, constitutes, and the 2024 Base Prospectus will constitute, a base prospectus for the purposes of the Prospectus Regulation. The Issuer has in the 2023 Base Prospectus given consent to the use of the 2023 Base Prospectus in connection with the offer of the Securities. Such consent will be valid until the date that is twelve months following the date of the 2023 Base Prospectus. The Issuer will in the 2024 Base Prospectus give consent to the use of the 2024 Base Prospectus in connection with the offer of the Securities. A summary of the Securities is annexed to these Final Terms. The 2023 Base Prospectus , as supplemented, and these Final Terms are available, and the 2024 Base Prospectus will be available for viewing on https://rates- globalmarkets.bnpparibas.com/gm/Public/LegalDocs.aspxand 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.

1.

Issuer:

BNP Paribas Issuance B.V.

2.

Guarantor:

BNP Paribas

3. Trade Date, Series Number and Tranche Number:

(a)

Trade Date:

25 March 2024

(b)

Series Number:

FINTE 15715 FR

(c)

Tranche Number:

1

4. Issue Date, Interest Commencement Date and Maturity Date:

2

(a)

Issue Date:

17 June 2024

(b)

Interest Commencement

17 June 2024

Date

(c)

Maturity Date:

17 June 2036

  1. Aggregate Nominal Amount and Issue Price:
    1. Aggregate Nominal Amount - Series:
    2. Aggregate Nominal Amount - Tranche:
    3. Issue Price of Tranche:
  3. Type of Securities:

7. Form of Securities:

Talons for future Coupons or Receipts to be attached to definitive Notes (and dates on which such Talons mature):

Business Day Convention for Maturity Date: Modified Following

EUR 30,000,000

EUR 30,000,000

100.00 per cent. of the Aggregate Nominal Amount of the applicable Tranche.

  1. Notes
  2. Redemption/Payment Basis: Redemption at par
  3. Interest Basis:

Underlying Interest Rate Linked Interest

  1. The provisions of Annex 11 (Additional Terms and Conditions for Underlying Interest Rate Securities) shall apply

Tax Gross-up: Condition 6.3 (No Gross-up) applicable

Dematerialised bearer form (au porteur)

No.

Identification information of Holders as provided by Condition 1 in relation to French Law Securities:

8. Business Days/Payment Days:

  1. Additional Business Centre(s) (Condition 3.13)

Not applicable

The applicable Additional Business Centre for the purposes of the definition of "Business Day" in Condition 3.13 is a T2 Business Day only

3

(b)

Financial Centre(s) or other

T2 System

special provisions

relating

to Payment Days for the

purposes of Condition 4(a):

9.

Settlement:

Settlement will be by way of cash payment (Cash Settled

Securities).

10.

Specified

Denomination

and

Calculation Amount:

  1. Specified Denomination(s): EUR 1,000

(b)

Calculation Amount:

EUR 1,000

11.

Variation of Settlement:

Not applicable

12. Final and Early Redemption Amount:

  1. Final Redemption Amount: Calculation Amount x 100.00 per cent.

(b)

Final Payout:

Not applicable

(c)

Early Redemption Amount: Calculation Amount x 100.00 per cent.

13.

Relevant Asset(s):

Not applicable

14.

Entitlement:

Not applicable

15. Exchange Rates:

(a)

Exchange Rate:

Not applicable

(b)

Specified

Exchange

Specified Exchange Rate: Not applicable

Rate/Settlement

Currency

Settlement Currency Exchange Rate: Not applicable

Exchange Rate:

16. Specified Currency and Settlement Currency:

(a)

Specified Currency:

EUR as defined in the definition of "Relevant Currency" in

Condition 13 (Definitions)

(b)

Settlement Currency:

EUR as defined in the definition of "Relevant Currency" in

Condition 13 (Definitions)

17.

Syndication:

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

18.

Minimum Trading Size:

EUR 1,000

19.

Principal Paying Agent:

BNP Paribas Financial Markets S.N.C.

20.

Registrar:

Not applicable

4

21.

Calculation Agent:

BNP Paribas

22.

Governing law:

French law

23.

Masse provisions (Condition 18):

Full Masse

Name and address of the Representative:

SELARL MCM AVOCAT Contact : rmo@avocat-mcm.com 10, rue de Sèze, 75009 Paris, France Tel: +33 1 53 43 36 00

Fax: +33 1 53 43 36 01

Name and address of the alternate Representative:

Maître Philippe MAISONNEUVE Avocat

10, rue de Sèze, 75009 Paris, France Tel: +33 1 53 43 36 00

Fax: +33 1 53 43 36 01

The Representative will receive a remuneration of EUR 275 per annum plus VAT

PRODUCT SPECIFIC PROVISIONS FOR REDEMPTION

24. Hybrid Linked Redemption Notes: Not applicable

25.

Index Linked Redemption Notes:

Not applicable

26.

Share

Linked

Redemption

Not applicable

Notes/ETI

Share

Linked

Redemption Notes:

27.

ETI Linked Redemption Notes:

Not applicable

28.

Debt Linked Redemption Notes:

Not applicable

29. Commodity Linked Redemption Not applicable Notes:

30.

Inflation Index Linked Redemption

Not applicable

Notes:

31.

Currency Linked

Redemption

Not applicable

Notes:

32.

Fund Linked Redemption Notes:

Not applicable

33. Futures Linked Redemption Notes: Not applicable

5

34.

Credit Securities:

Not applicable

35. Underlying Interest Rate Linked Not applicable Redemption Notes:

36.

Partly Paid Notes:

The Securities are not Partly Paid Notes.

37.

Instalment Notes:

Not applicable

38.

Illegality (Condition 10.1) and

Illegality: redemption in accordance with Condition 10.1(d)

Force Majeure (Condition 10.2):

Force Majeure: redemption in accordance with Condition

10.2(b)

39. Additional, Optional Additional and CNY Payment Disruption Events:

(a)

Additional

Disruption

(a)

Additional Disruption Events: Applicable

Events and

Optional

(b)

The following Optional Additional Disruption

Additional

Disruption

Events:

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

(b)

CNY Payment Disruption

Not applicable

Event:

40.

Knock-in Event:

Not applicable

41.

Knock-out Event:

Not applicable

ISSUER CALL OPTION, NOTEHOLDER PUT OPTION AND AUTOMATIC EARLY

REDEMPTION

42.

Issuer Call Option:

Not applicable

43.

Noteholder Put Option:

Not applicable

44.

Automatic Early Redemption:

Applicable

(a)

Automatic

Early

Single Standard Automatic Early Redemption: the SPS AER

Redemption Event:

Value is equal to or less than the Automatic Early Redemption

Level

(b)

Automatic

Early

SPS Automatic Early Redemption Payout:

Redemption Payout:

6

NA x (100% + AER Exit Rate)

SPS AER Valuation is applicable

And where:

NA means EUR 1,000

SPS AER Value means Underlying Reference Value

SPS Valuation Date means Automatic Early Redemption

Valuation Date

Underlying Reference means the Underlying Reference Rate

Underlying Reference Closing Price Value means, in respect

of a SPS Valuation Date, the Underlying Reference Rate in

respect of such day.

Underlying Reference Strike Price means 1.

Underlying Reference Value means, in respect of an

Underlying Reference and a SPS Valuation Date, (i) the

Underlying Reference Closing Price Value for such Underlying

Reference in respect of such SPS Valuation Date (ii) divided by

the relevant Underlying Reference Strike Price.

(c)

Automatic

Early

Each Interest Payment Date from and including the Interest

Redemption Date(s):

Payment Date due to fall on 17 June 2025 to and including the

Interest Payment Date due to fall on 17 June 2035

(d)

Automatic

Early

2.40 per cent.

Redemption Level:

(e)

Automatic

Early

Not applicable

Redemption Percentage:

(f)

AER Rate:

0.00 per cent.

(g)

AER Exit Rate:

AER Rate

(h)

Automatic

Early

Two (2) T2 Business Days prior to the end of the relevant

Redemption

Valuation

Interest Period, excluding the Interest Period due to commence

Date(s)/Period(s):

on 17 June 2035

(i)

Automatic

Early

Not applicable

Redemption

Valuation

Time:

(j)

Observation

Price

Not applicable

Source:

7

(k)

Underlying

Reference

Not applicable

Level 1:

(l)

Underlying

Reference

Not applicable

Level 2:

(m)

SPS AER Valuation:

Not applicable

(n)

AER

Event

1

Not applicable

Underlying(s):

(o)

AER

Event

2

Not applicable

Underlying(s):

(p)

AER Event 1 Basket:

Not applicable

(q)

AER Event 2 Basket:

Not applicable

GENERAL PROVISIONS FOR VALUATION(S)

  1. Strike Date, Strike Price, Not applicable Averaging Date(s), Observation
    Period and Observation Date(s):
  2. PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
    1. Interest:Applicable

Coupon Switch: Not applicable

(i)

Interest

As per the Conditions.

Period(s):

(ii)

Interest Period

17 June in each year from and including 17 June 2025 to and

End Date(s):

including 17 June 2036

(iii)

Business Day

None

Convention for

Interest Period

End Date(s):

(iv)

Interest Payment

17 June in each year from and including 17 June 2025 to and

Date(s):

including 17 June 2036

(v)

Business Day

Modified Following

Convention for

Interest Payment

Date(s):

(vi)

Party responsible

Not applicable

for calculating

the Rate(s) of

Interest and

8

Interest Amount(s) (if not the Calculation Agent):

(vii)

Margin(s):

Not applicable

(viii)

Minimum

0.00 per cent. per annum

Interest Rate:

(ix)

Maximum

Not applicable

Interest Rate:

(x)

Day Count

None

Fraction:

(xi)

Determination

Not applicable

Dates:

(xii)

Accrual to

Not Applicable

Redemption:

  1. Rate of Interest:
  2. Coupon Rate:

Linked Interest

Applicable

Digital Coupon applicable

Single Digital Coupon Condition is applicable:

  1. if the Digital Coupon Condition is satisfied in respect of SPS Coupon Valuation Date(i):

Rate(i)

  1. if the Digital Coupon Condition is not satisfied in respect of SPS Coupon Valuation Date(i), as applicable:

zero

Where:

Barrier Level means 3.00 per cent.

Digital Coupon Condition means that the DC Barrier Value for the relevant SPS Coupon Valuation Date is equal to or less than the Barrier Level.

DC Barrier Value means Underlying Reference Value

i means 1 to 12, being the SPS Valuation Dates due to fall on 13 June 2025, 15 June 2026, 15 June 2027, 15 June 2028, 14

9

June 2029, 13 June 2030, 13 June 2031, 15 June 2032, 15

June 2033, 15 June 2034, 14 June 2035 and 13 June 2036

Rate(i) means 5.60 per cent.

SPS Coupon Valuation Date means Underlying Interest

Determination Date

SPS Valuation Date means SPS Coupon Valuation Date

Underlying Reference means the Underlying Reference

Rate.

Underlying Reference Closing Price Value means, in

respect of a SPS Valuation Date, the Underlying Reference

Rate in respect of such day.

Underlying Reference Strike Price means 1

Underlying Reference Value means, in respect of an

Underlying Reference and a SPS Valuation Date, (i) the

Underlying Reference Closing Price Value for such

Underlying Reference in respect of such SPS Valuation Date

(ii) divided by the relevant Underlying Reference Strike

Price.

(b)

Fixed Rate Provisions:

Not applicable

(c)

Floating Rate Provisions

Not applicable

  1. Zero Coupon Provisions: Not applicable

PRODUCT SPECIFIC PROVISIONS FOR LINKED INTEREST (IF APPLICABLE)

47.

Linked Interest Notes:

Applicable

(a)

Hybrid

Linked

Interest

Not applicable

Notes:

(b)

Index

Linked

Interest

Not applicable

Provisions:

(c)

Share Linked/ETI Share

Not applicable

Linked

Interest

Provisions:

(d)

ETI

Linked

Interest

Not applicable

Provisions:

  1. Debt Linked Interest Not applicable Provisions:

(f) Commodity Linked Not applicable Interest Provisions:

10

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Disclaimer

BNP Paribas SA published this content on 13 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2024 08:34:08 UTC.