Company Name: Prunelli Issuer I S.a.r.l

Headline: Prunelli Issuer I S.a.r.l., acting in respect of its compartment 2020-1 - Partial Redemption notice

THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE BENEFICIAL OWNERS OF THE NOTES.  IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUESTED TO PASS THIS NOTICE TO SUCH BENEFICIAL OWNERS IN A TIMELY MANNER

If you are in any doubt as to the action you should take, you are recommended to seek your own advice immediately from your stockbroker, bank manager, solicitor, accountant or other financial adviser authorised under the Financial Services and Markets Act 2000 (if you are in the United Kingdom), or from another appropriately authorised independent financial adviser.

If you have recently sold or otherwise transferred your entire holding(s) of Notes, you should immediately forward this document to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

12E, Rue Guillaume J.Kroll

Cessange L-1882

Luxembourg

Headline: Partial Redemption Notice                                                                                                                               14 January 2025                                                                                                                 

           Prunelli Issuer I S.a.r.l (the "Issuer")

           (acting in respect of its compartment 2020-1)

    (a private company with limited liability incorporated under the laws of Luxembourg, under company number B226564)

(Regulation S Global Note ISIN No XS2244965245)

USD 1,450,000,000.00 Floating Rate Notes due 2025

                                                         (The "Notes")

Announcement of Partial Redemption

Capitalized terms used in this notice and not otherwise defined herein shall have the meanings ascribed to such terms in the Series 2020-1 Global Note Certificate. We hereby give notification that an amount equal to USD 435,000,000 will be repaid on 15 January 2025 to the holders of the notes.

The outstanding Notes after the redemption will be zero.

Further information

For any queries relation to the above, please contact: #MF-PrunelliLux@maples.com

This Notice is issued by:

Prunelli Issuer I S.a.r.l, acting in respect of its compartment 2020-1