ECP Programme

In 2009, Mubadala Development Company PJSC (“Mubadala”) established its GMTN programme through MDC – GMTN B.V. (“MDC”), which is wholly-owned and irrevocably guaranteed by Mubadala. As part of Mubadala’s ongoing effort to diversify its funding sources, MDC has established its Euro Commercial Paper (“ECP”) programme.

The ECP programme has been rated Prime-1, A-1+, F1+ by Moody’s, Standard & Poor’s and Fitch respectively. The ratings of the ECP programme are in line with Mubadala’s short-term issuer ratings by all three rating agencies.

The notes under the ECP programme will be unconditionally and irrevocably guaranteed by Mubadala. The obligations under the guarantee will be direct, unconditional, unsubordinated and unsecured obligations of Mubadala and will rank equally with all its other unsecured obligations.

Notes will be governed by English law. Issuance under the programme will be fully supported by matching dedicated liquidity at all times.

This announcement is not an offer of securities for sale in the United States or any other jurisdiction. Securities of MDC—GMTN B.V. and Mubadala Development Company PJSC (each, an “Issuer”) cannot be offered or sold in the United States or to U.S. persons without registration under the United States Securities Act of 1933, as amended (the “Securities Act”), or pursuant to an exemption from such registration. Neither Issuer has registered, nor intends to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States.