Ulster Bank Ireland DAC has announced the results of its tender offers and meetings for its outstanding subordinated bonds. The company invited bondholders to tender their bonds for purchase by the issuer for cash. The offers expired on October 23, 2023, and valid tenders were received for €24,346,432.49 of the 11.375% bonds and £6,486,500 of the 11.75% bonds. The issuer has decided to accept all validly tendered bonds for purchase. The settlement date for the offers is expected to be November 1, 2023. In addition, the resolutions proposed at the meetings of bondholders were duly passed and amendment deeds to implement the resolutions were executed. Pursuant to the conditions of the bonds, the issuer will redeem all remaining bonds not purchased through the offers on November 1, 2023. This announcement contains inside information in accordance with the Market Abuse Regulation (EU) 596/2014 and the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law in the UK.