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| Morgan Stanley & Co. International plc 25 Cabot Square Canary Wharf London E14 4QA, England
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March 26, 2025
Notice of Partial Cancellation
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Dear Sir/Madam:
Please note that there has been a Partial Cancellation by the issuer for the following ISIN(s) / CUSIP(s):
| ISIN(s)/CUSIP(s) | Issuer | Unwind Amount | Outstanding Amount* | Settlement Date |
| XS2877443072 | MORGAN STANLEY B.V. | 5,000.00 | 595,000.00 | 27-Mar-2025 |
| XS2817525293 | MORGAN STANLEY B.V. | 84,000.00 | 887,000.00 | 27-Mar-2025 |
| XS2918050860 | MORGAN STANLEY B.V. | 105,000.00 | 95,000.00 | 27-Mar-2025 |
| XS2877607288 | MORGAN STANLEY B.V. | 158,000.00 | 3,172,000.00 | 27-Mar-2025 |
| XS2477593102 | MORGAN STANLEY B.V. | 240,000.00 | 655,000.00 | 27-Mar-2025 |
| XS2877627559 | MORGAN STANLEY B.V. | 1,000.00 | 919,000.00 | 27-Mar-2025 |
| XS2918065546 | MORGAN STANLEY B.V. | 300,000.00 | 700,000.00 | 27-Mar-2025 |
| XS2817723500 | MORGAN STANLEY B.V. | 25,000.00 | 2,675,000.00 | 27-Mar-2025 |
| XS2893888854 | MORGAN STANLEY B.V. | 64,000.00 | 206,000.00 | 27-Mar-2025 |
| XS2918085064 | MORGAN STANLEY B.V. | 800,000.00 | 200,000.00 | 27-Mar-2025 |
| XS2862130064 | MORGAN STANLEY B.V. | 125,000.00 | 435,000.00 | 27-Mar-2025 |
| XS2894061311 | MORGAN STANLEY B.V. | 210,000.00 | 3,482,000.00 | 27-Mar-2025 |
| XS2894047328 | MORGAN STANLEY B.V. | 700,000.00 | 300,000.00 | 27-Mar-2025 |
| XS2918075859 | MORGAN STANLEY B.V. | 500,000.00 | 500,000.00 | 27-Mar-2025 |
| XS2877410147 | MORGAN STANLEY B.V. | 26,000.00 | 3,286,000.00 | 27-Mar-2025 |
| XS2893951058 | MORGAN STANLEY B.V. | 285,000.00 | 1,215,000.00 | 27-Mar-2025 |
| XS2385454041 | MORGAN STANLEY B.V. | 25,000.00 | 975,000.00 | 27-Mar-2025 |
| XS2080230712 | MORGAN STANLEY B.V. | 20,000.00 | 1,705,000.00 | 27-Mar-2025 |
| XS2846217276 | MORGAN STANLEY B.V. | 170,000.00 | 788,000.00 | 27-Mar-2025 |
| XS2917969078 | MORGAN STANLEY B.V. | 60,000.00 | 1,945,000.00 | 27-Mar-2025 |
| XS2893928668 | MORGAN STANLEY B.V. | 420,000.00 | 580,000.00 | 27-Mar-2025 |
| XS2425216681 | MORGAN STANLEY B.V. | 100,000.00 | 623,000.00 | 27-Mar-2025 |
| XS2817746386 | MORGAN STANLEY B.V. | 40,000.00 | 948,000.00 | 27-Mar-2025 |
*Outstanding Amount reflects the Outstanding Issuance Amount post notification event.
In case of any questions do not hesitate to contact us for further information.
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