5. How does this transaction contribute to the development of the Sustainability Bond market?

Following the issuance of the Green OLO of the Kingdom of Belgium, which contributed to the development of the green bond market in Belgium, this transaction, which also supports social categories, will support the development of the sustainability bond market in Belgium.

Flanders’ Sustainability Bond will also contribute to further increase the environmental and social awareness of the public in the Flemish Region and in Belgium.