SSE PLC

Capital/Financing Update • Feb 15, 2021

National Storage Mechanism | Additional information

RNS Number : 0925P

SSE PLC

15 February 2021

SSE PLC

(incorporated with limited liability under the laws of Scotland under registered number SC117119)

€600,000,000 Capital Securities

(ISIN: XS1196713298)

Notice of Early Redemption

NOTICE IS HEREBY GIVEN by SSE plc (the "Issuer") that it will redeem the €600,000,000 Capital Securities (the "Euro Securities") in full in accordance with Condition 6(b) of the terms and conditions of the Euro Securities, with settlement of such redemption being effected on 1 April 2021 (the "Euro Securities First Reset Date"). Such redemption shall be at the principal amount outstanding together with any accrued and unpaid interest up to (but excluding) the Euro Securities First Reset Date and any outstanding Arrears of Interest (as defined in the terms and conditions of the Euro Securities) pursuant to Condition 6(b) of the terms and conditions of the Euro Securities. Subject to settlement being effected, any interest in respect of the Euro Securities shall cease to accrue on and after the Euro Securities First Reset Date. The redemption date shall be 1 April 2021.

PRINCIPAL PAYING AGENT

The Bank of New York Mellon, London Branch

One Canada Square

London E14 5AL

United Kingdom

TRUSTEE

BNY Mellon Corporate Trustee Services Limited

One Canada Square

London E14 5AL

United Kingdom

Dated: 15 February 2021

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