Notice of Redemption in relation to EUR 1.1 billion outstanding Perpetual Capital Securities

On 9 April 2024, TenneT Holding B.V. as Issuer, has noticed the Securityholders of TenneT's €1,100,000,000 Fixed-to-Reset Rate Perpetual Capital Securities issued on 12 April 2017 that TenneT has elected to call and redeem, and will redeem, pursuant to the Issuer's call option all of its outstanding Securities on 31 May 2024.