Statement of Securities 28.02.2025

—

— —

0=

o — o=

o 0r’)= o — •

0

—

—

STATE STREET

State Street Bank International GmbH, Solmsstr. 83, 60486 Frankfurt

DV 03 0,88 Deutsche Post

LUFTPOST - PRIORITAIRE / Port pay *DV*8826*00000001* Brief Kilotarif

_______

Ministry of Finance of the Republic of Estonia MS Ulle Mathiesen State Treäsury Department Suur-Ameerika 1 10122 Tallinn ESTLAND

Ministry of Finance of the Republic of Estonia

Statement of Securities as of 28.02.2025

Fund/Account 0139

State Street Bank International GmbI-I

Postfach 20 19 16

80019 Minchen

Brienner Strasse 59

80333 Minchen

Created 17.03.25

Page 1/10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

BE0000337460 BELGIUM KINGDOM SR UNSECURED 144A REGS 06/261 1.000 22.06.26

EUR 15,000,000.00+ RATE 98.58900 % 14,788,350.00+ EU R Euroclear HeId on trust-custody basis

FR0013200813 FRANCE (GOVT OF) BONDS 144AREGS 11/26 0.25 0.250 25.11.26

EUR 26,000,000.00+ RATE 96.83500 % 25,177,100.00+ EUR Euroclear HeId on trust-custody basis

XS1 551045039 NEDER WATERSCHAPSBANK SR UNSECURED REGS 01/27 0.625 0.625 18.01 .27

EUR 50,000,000.00+ RATE 97.04857 % 48,524,285.00+ EUR Euroclear HeId on trust-custody basis

NL0012171458 NETHERLANDS GOVERNMENT BONDS 144A REGS 07/27 0.75 0.750 15.07.27

EUR 3,400,000.00+ RATE 96.98900 % 3,297,626.00+ EU R Euroclear HeId on trust-custody basis

FR0013250560 FRANCE (GOVT OF) BONDS 144A REGS 05/27 1 1.000 25.05.27

EUR 35,000,000.00+ RATE 97.40600 % Rahandusmnisteerium 34,092,100.00+ EU R Euroclear 7 33 2025HeId on trust-custody basis

Special Remarks: (al = Open buy(s) (b) = Open seII(s) (c) Restricted shares (di=Pledged (eI=Blocked for proxy voting (f)=Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasse 59

STAT STREET 80333 Mönchen

Fund/Account 0139 Page 2/ 10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

XS1748236699 BNG BANK NV SR UNSECURED REGS 01/28 0.75 0.750 11.01.28

EUR 10,000,000.00+ RATE 95.75016% 9,575,016.50+ EU R Euroclear HeId on trust-custody basis

XS2021 173922 LANDWIRTSCH. RENTENBANK GOVT GUARANT REGS 12/29 0.05 0.050 18.12.29

EUR 20,000,000.00+ RATE 89.47265 % 17,894,530.00+ EUR Euroclear HeId on trust-custody basis

XS2079798562 NEDER WATERSCHAPSBANK — SR UNSECURED REGS 11/260.0000 0.010 16.11.26

EUR 45,000,000.00+ RATE 96.41 371 % 43,386,169.50+ EUR

8— Euroclear HeId on trust-custody basis

r) 0=

BE0000349580 BELGIUM KINGDOM — SR UNSECURED 144A REGS 06/300 0.100 22.06.30

EUR 4,000,000.00+ RATE 88.43200 % 3,537,280.00+ — EUR

Euroclear HeId on trust-custody basis

BE0000350596 BELGIUM KINGDOM SR UNSECURED 144A REGS 06/40 0 0.400 22.06.40

EUR 10,200,000.00+ RATE 65.54100% 6,685,182.00+ EUR Euroclear HeId on trust-custody basis

FROO14003YN1 AGENCE FRANCAISE DEVELOP SR UNSECURED REGS 11/28 0.01 0.010 25.11.28

EUR 0.00+ RATE 90.94137 % 0.00+ EUR Euroclear HeId on trust-custody basis (a) 40,000,000.000

F14000306758 FINNISH GOVERNMENT SR UNSECURED 144A REGS 04/34 1 1.125 15.04.34

EUR 3,000,000.00+ RATE 87.02525 % 2,610,757.50+ EU R Euroclear HeId on trust-custody basis

Special Remarks: (a) Open buy(s) (b) = Open selI(s) (ci = Restricted shares (d)=Piedged (e)=Blocked for proxy voting (f)=Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasso 59

STATE STREET 80333 Mönchen

Fund/Account 0139 Page 3/10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

NLOO1 2818504 NETHERLANDS GOVERNMENT BONDS 144A REGS 07/28 0.75 0.750 15.07.28

EUR 20,000,000.00+ RATE 95.46100 % 19,092,200.00+ EUR Euroclear HeId on trust-custody basis

FROO1400FYQ4 FRANCE (GOVT OF) BONDS 144A REGS 09/26 2.5 2.500 24.09.26

EUR 6,000,000.00+ RATE 100.55300 % 6,033,180.00+ EU R Euroclear HeId on trust-custody basis

XS2590764713 BNG BANK NV — SR UNSECURED REGS 02/28 3 3.000 23.02.28

EUR 30,000,000.00+ RATE1O1.96044% 30,588,132.00+ o= EUR 5— Euroclear 0—

HeId on trust-custody basis — 0• — AT0000A33SH3 REPUBLIC OF AUSTRIA —= SR UNSECURED 144A REGS 05/29 2 2.900 23.05.29 • EUR 15,000,000.00+ RATE 102.27937 % 15,341,906.25+ —

EUR Euroclear HeId on trust-custody basis

XS2681334962 COUNCIL OF EUROPE SR UNSECURED REGS 09/28 3.125 3.125 13.09.28

EUR 10,000,000.00+ RATE 102.60662 % 10,260,662.50+ EU R Euroclear HeTd on trust-custody basis

NLOO1 5001 XZ6 NETHERLANDS GOVERNMENT BONDS 144A REGS 07/34 2.5 2.500 15.07.34

EUR 28,000,000.00+ RATE 99.32300 % 27,810,440.00+ EUR Euroclear HeId on trust-custody basis

XS2827726550 SVENSKA HANDELSBANKEN AB 04/25 ZCP 0.000 22.04.25

EUR 50,000,000.00+ RATE 96.69764 % 48,348,820.50+ EUR Euroclear HeId on trust-custody basis

Special Remarks: (ai = Open buy(s) (b) Open sell(s) (c) Restricted shares (d)=Piedged (e)=Blocked for proxy voting (f)=Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasse 59

STATE STREET 80333 Mönchen

Fund/Account 0139 Page 4/10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

XS2913251224 MUFG BANK LTD. 03/25 ZCP 0.000 03.03.25

EUR 50,000,000.00+ RATE 98.64997 % 49,324,987.50+ EU R Euroclear HeId on trust-custody basis

BE6354570036 SUMITOMO MITSUI BANKING CORPOR 03/25 ZCP 0.000 27.03.25

EUR 50,000,000.00+ RATE 98.41171 % 49,205,858.50+ EU R Euroclear HeId on trust-custody basis

FR0128562784 UNEDIC SA — 06/25 ZCP 0.000 25.06.25

EUR 30,000,000.00+ RATE 97.93813% 29,381,439.00+ EUR

8— Euroclear 0—.

HeId on trust-custody basis 4 —

o= FR0128460377 UNEDICSA

= 03/25 ZCP 0.000 14.03.25 • EUR 50,000,000.00+ RATE 98.70006 % 49,350,032.50+ — EUR

Euroclear HeId on trust-custody basis

XS292041 1878 NORDEA BANK ABP 05/25 ZCP 0.000 12.05.25

EUR 75,000,000.00+ RATE 98.26166% 73,696,251.75+ EUR Eu rocl ear HeId on trust-custody basis

XS2921 380676 CITIBANK, NA TREAS.LDN 03/25 ZCP 0.000 14.03.25

EUR 50,000,000.00+ RATE 98.69598 % 49,347,990.00+ EUR Euroclear HeId on trust-custody basis

XS2898886754 NEDER WATERSCHAPSBANK SR UNSECURED REGS 09/27 2.5 2.500 13.09.27

EUR 9,669,000.00+ RATE 100.48139 % 9,715,545.60+ EUR Euroclear HeId on trustcustody basis

Special Remarks: (a) = Open buy(s) (b) = Open seII(s( (ci = Restricted shares (di Pledged (ei = Blocked for proxy voting (fi = Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 MOnchen

Brienner Strasse 59

STATE STREET 80333 Mönchen

Fund/Account 0139 Page 5 /10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

FR0128765254 UNEDIC SA 03/25 ZCP 0.000 05.03.25

EUR 65,000,000.00+ RATE 99.96390 % 64,976,536.30+ EUR Euroclear HeId on trust-custody basis

XS2949376094 MITSUBISHI UFJ TRUST AND BKNG 04/25 ZCP 0.000 25.04.25

EUR 20,000,000.00+ RATE 98.79004 % 19,758,008.40+ EU R Euroclear HeId on trust-custody basis

XS2949466671 DZ PRIVATBANK S.A. — 08/25 ZCP 0.000 25.08.25

EUR 35,000,000.00+ RATE 98.05187 % 34,318,155.55+ EUR

5— Euroclear 0—

HeId on trust-custody basis o — 0 — BE6356638344 SUMITOM0 MITSUI BANKING CORPOR —= 03/25 ZCP 0.000 17.03.25 • EUR 65,000,000.00+ RATE 99.87685 % 64,919,955.75+ —

EUR Euroclear HeId on trust-custody basis

XS2974137247 THE NORINCHUKIN BANK 04/25 ZCP 0.000 07.04.25

EUR 50,000,000.00+ RATE 99.72924 % 49,864,623.00+ EUR Euroclear HeId on trust-custody basis

BE6356610061 SUMIT0MO MITSUI BANKING C0RP0R 03/25 ZCP 0.000 06.03.25

EUR 50,000,000.00+ RATE 99.95650% 49,978,251.00+ EUR Euroclear HeId on trust-custody basis

XS2944831796 WELLS FARG0 BANK INT PLC 04/25 ZCP 0.000 22.04.25

EUR 40,000,000.00+ RATE 98.73319% 39,493,279.20+ EU R Euroclear HeId on trust-custocly basis

Speciai Remarks: (a)=Open buy(s) (b>=Open sell(s) (c)=Restricted shares (d)=Pledged (e)BIocked for proxy voting (f)=Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 2019 16

State Street Bank international GmbH

80019 Mönchen

Brienner Strasse 59

STATE STREET 80333 Munchen

Fund/Account 0139 Page 6 / 10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

8E6356560530 SUMITOMO MITSUI BANKING CORPOR 03/25 ZCP 0.000 18.03.25

EUR 50,000,000.00+ RATE 99.01316 % 49,506,584.50+ EU R Euroclear HeId on trust-custody basis

XS294805 1094 MIZUHO BANK LTD 04/25 ZCP 0.000 01 .04.25

EUR 50,000,000.00+ RATE 98.95930 % 49,479,652.50+ EUR Euroclear HeId on trust-custody basis

XS2947971730 MITSUBISHI UFJ TRUST AND BKNG — 04/25 ZCP 0.000 22.04.25

EUR 50,000,000.00+ RATE 98.77388 % 49,386,943.50+ EUR

— Euroclear

0—

HeId on trust-custody basis 0)•

o= — XS2986720220 HONEYWELL INTERNATIONAL INC —= 04/25 ZCP 0.000 25.04.25

EUR 15,000,000.00+ RATE 99.61424 % 14,942,136.45+ — EUR

Euroclear HeId on trust-custody basis

AT0000A3HU25 REPUBLIC OF AUSTRIA SR UNSECURED 144A REGS 02/35 2 2.950 20.02.35

EUR 10,000,000.00+ RATE 101.06000% 10,106,000.00+ EUR Euroclear HeId on trust-custody basis

XS2998725308 BANK OF ENGLAND 03/25 0 0.010 05.03.25

EUR 75,000,000.00+ RATE 99.96515 % 74,973,863.25+ EU R Euroclear HeId on trust-custody basis

XS2996655770 MITSUBISHI CORPORATION FINANCE 03/25 ZCP 0.000 03.03.25

EUR 65,000,000.00+ RATE 99.97850 % 64,986,028.25+ EUR Euroclear HeId on trust-custody basis

Special Remarks: (a)=Open buy(s) (b)=Open seII(s) (c)Restricted shares (d)=Pledged (e)=Blocked for proxy voting lf)=Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Orienner Strasse 59

STATE STREET 80333 Munchen

Fund/Account 0139 Page 7 / 10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

XS2999671824 NORINCHUKIN BANK LDN 05/25 ZCP 0.000 0205.25

EUR 50,000,000.00+ RATE 99.55590 % 49,777,953.00+ EUR Euroclear HeId on trust-custody basis

XS3000953482 CREDIT AGRICOLE S.A. 05/25 ZCP 0.000 07.05.25

EUR 50,000,000.00+ RATE 99.50378% 49,751,891.50+ EUR Euroclear

= HeId on trust-custody basis

XS3002358839 MITSUBISHI CORPORATION FINANCE 03/25 ZCP 0.000 04.03.25

EUR 50,000,000.00+ RATE 99.97134% 49,985,671.00+ EUR

— Euroclear

0

HeId on trust-custody basis —

0=

XS3002356973 DE VOLKSBANK NV —= 03/25 ZCP 0.000 03.03.25 • EUR 100,000,000.00+ RATE 99.97929 % 99,979,296.00+—

— EUR Euroclear HeId on trust-custody basis

FR0129053957 CREDIT AGRICOLE SA 08/25 ZCP 0.000 11.08.25

EUR 50,000,000.00+ RATE 98.90182% 49,450,911.50+ EU R Euroclear HeId on trust-custody basis

XS3003305920 BERLIN HYP AG 07/25 ZCP 0.000 31.07.25

EUR 50,000,000.00+ RATE 98.97489 % 49,487,446.00+ EU R Euroclear HeId on trust-custody basis

XS2978805609 MUFG BANK LTD 05/25 ZCP 0.000 13.05.25

EUR 50,000,000.00+ RATE 99.47951 % 49,739,758.00+ EUR Euroclear HeId on trust-custody basis

Speciai Remarks: (al Open buy(s) (b) Open seli(s( (c) Restricted shares (dl = Pledged (eI = Biocked for proxy voting (f) = Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasse 59

STATE STREET 80333 Munchen

Fund/Account 0139 Page 8 / 10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

FRO1 28614874 UNEDIC SA 06/25 ZCP 0.000 13.06.25

EUR 50,000,000.00+ RATE 99.28042 % 49,640,212.00+ EUR Euroclear Helci on trust-custody basis

DE000BYLOPW6 BAYERISCHE LANDESBANK 06/25 ZCP 0.000 13.06.25

EUR 50,000,000.00+ RATE 99.28531 % 49,642,655.50+ EUR Euroclear HeId on trust-custody basis

XS2973478022 MITSUBISHI CORPORATION FINANCE — 03/25 ZCP 0.000 06.03.25

EUR 55,000,000.00+ RATE 99.95701 % 54,976,359.90+ EUR

— Euroclear HeId on trust-custody basis

•

0•

— XS2985204432 MITSUBISHI UFJ TRUST AND BKNG —= 04/25 ZCP 0.000 22.04.25 • EUR 25,000,000.00+ RATE 99.62496% 24,906,241.25+ — EUR

Euroclear HeId on trust-custody basis

FRO1 29010288 BPIFRANCE 04/25 ZCP 0.000 03.04.25

EUR 100,000,000.00+ RATE 99.76751 % 99,767,516.00+ EUR Euroclear HeId on trust-custody basis

XS3010568858 BERLIN HYP AG 03/25 ZCP 0.000 31.03.25

EUR 50,000,000.00+ RATE 99.78184 % 49,890,920.50+ EUR Euroclear HeId on trustcustody basis

FRO1 29079986 BPIFRANCE 03/25 ZCP 0.000 31.03.25

EUR 50,000,000.00+ RATE 99.78781 % 49,893,907.00+ EUR Euroclear HeId on trust-custody basis

Speciai Remarks: (a)=Open buy(s) (b)=Open seIi(s) (c)=Restricted shares (dl = Pledged (eI Blocked for proxy voting (8 = Original face value

Ali dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasse 59

STATE STREET 80333 Munchen

Fund/Account 0139 Page 9/10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

XS3014192796 MITSUBISHI C0RP0RATI0N FINANCE 03/25 ZCP 0.000 03.03.25

EUR 25,000,000.00+ RATE 99.96223 % 24,990,559.00+ EU R Euroclear HeId on trust-custody basis

AT0000A2V847 REPUBLIC 0F AUSTRIA SR UNSECURED 144A REGS 10/28 0 0.010 20.10.28

EUR 15,600,000.00+ RATE 92.27287 % 14,394,568.50+ EUR Euroclear HeId on trust-custody basis

XS2540993685 BNG BANK NV SR UNSECURED REGS 10/27 2.75 2.750 04.10.27

EUR 105,000,000.00+ RATE1O1.11621 % 106,172,020.50+ EUR

5— Euroclear 0

HeId on trust-custody basis (0•

o= NLO01 5031501 NETHERLANDS GOVERNMENT

—= BONDS 144A REGS 01/27 0.00000 0.010 15.01.27 • EUR 10,000,000.00+ RATE 96.26000 % 9,626,000.00+—

— EUR Euroclear HeId on trust-custody basis

DE000A3E5LU1 KFW GOVT GUARANT REGS 11/28 0.0000 0.010 09.11.28

EUR 5,000,000.00+ RATE 91.94600% 4,597,300.00+ EUR Euroclear HeId on trust-custody basis

XS21 56510021 SVENSKA HANDELSBANKEN AB REGS 04/25 1 1.000 15.04,25

EUR 20,000,000.00+ RATE 99.79700 % 19,959,400.00+ EUR Euroclear HeId on trust-custody basis

DE000A289F29 KFW GOVT GUARANT REGS 12/27 0.0000 0.010 15.12.27

EUR 10,000,000.00+ RATE 94.09400 % 9,409,400.00+ EU R Eurocear HeId on trust-custody basis

Special Remarks: (a) = Open buy(s) (b) = Open sell(s) (ci = Restricted shares (dl = Pledged (ei Blocked for proxy voting (f( = Original face value

AlI dates have the format dd.mm.yy or dd.mm.yyyy

Postfach 20 19 16

State Street Bank International GmbH

80019 Mönchen

Brienner Strasse 59

STATE STREET 80333 Mönchen

Fund/Account 0139 Page 10/10

ISIN Security Name Rate Maturity date Par Value/Shares % Value in EUR

NLOO15000B11 NETHERLANDS G0VERNMENT B0NDS 144A REGS 01/38 0.00000 0.010 15.01.38

EUR 15,000,000.00+ RATE7O.19800% 10,529,700.00+ EUR Eurociear Held on trust-custody basis

IE000BZ1HVL2 SPDR MSCI WORLD UCITS ETF SPDR MSCI WLD EUR HDG ACC

SH 965,812.000+ RATE EUR 12.69500 12,260,983.34+ EUR Euroclear HeId on trust-custody basis (a) 596,188.000

—

— BE0000335449 BELGIUM KINGD0M SR UNSECURED 144A REGS 06/31 1 1.000 22.06.31

EUR 31,000,000.00+ RATE 91.02800% 28,218,680.00+ 5— CD CD—

Euroclear CD•

Held on trust-custody basis

— BE0000324336 BELGIUM KINGD0M — SR UNSECURED 144A REGS 03/26 4 4.500 28.03.26 — EUR 15,000,000.00+ RATE 102,45900 % 15,368,850.00+

EUR Euroclear HeId on trust-custody basis

BE0000291972 BELGIUM KINGD0M SR UNSECURED REGS 03/28 5.5 5.500 28.03.28

EUR 2,000,000.00+ RATE 109.53440 % 2,190,688.00+ EU R Euroclear HeId on trust-custody basis

Positions: 66 Total Value in EUR 2,348,364,748.74+

You are kindly requested to check the positlons immediately and to contact our internal audit department at your earliest convenience if discrepancies should be found. We would like to point out that the positions wiII be considered approved if the bank has not received a written objection within a period of exclusion of 6 weeks from the day this Statement of deposited Securities has been sent.

Statement issued unsigned

Special Remarks: (a) = Open buy(s) (b) = Open sell(s) (ci = Restricted shares (dl = Pledged (ei = Blocked for proxy voting (f) = Original face value

Ali dates have the format ddmm.yy or dd.mm.yyyy