Post-stabilisation notice 19th November, 2014 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Verbund AG €500,000,000 1.50 per cent. Green Bonds due 20 November 2024 Stabilisation Notice Commerzbank AG (contact: Ian Turner; telephone: 44-207-475-1817) hereby gives notice that no stabilisation (in accordance with Commission Regulation (EC) No. 2273/2003) was undertaken by the Stabilising Manager(s) in relation to the offer of the following securities. Issuer: Verbund AG Guarantor (if any): n/a ISIN: XS1140300663 Aggregate nominal amount: €500,000,000 Description: 1.50% Notes due 20 November 2024 Stabilisation Manager Coordinating Stabilsation Manager: (s): Commerzbank Aktiengesellschaft Stabilisation Managers J.P. Morgan Securities plc Raiffeisen Bank International AG Societe Generale UniCredit Bank AG This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction. This announcement is not for distribution, directly or indirectly, in or into the United States or any other jurisdiction in which such distribution would be unlawful.