Morningstar Sustainalytics, a globally-recognized provider of  ESG research, ratings and data, evaluated Hungary Green Bond Framework and the alignment thereof with relevant industry standards and provided views on the robustness and credibility of the Framework. In no event the Second-Party Opinion nor any portion thereof shall be construed as part of the offering, nor shall be considered as an offer or advertisement to buy a security, solicitation of votes  or proxies, investment advice, expert opinion or negative assurance letter as defined by the applicable legislation.

According to the “Hungary Green Bond Framework 2023”, ÁKK Pte. Ltd. have published the “Integrated Report on the Allocation and Environmental Impact of Hungary’s Green Bond Proceeds, 2023”, which provides an insight into the use of proceeds raised from green bond issuances between June 2023 and December 2023, amounting to HUF 46.3 billion. Green expenditures included in the report are fully or partially aligned with the EU Taxonomy.