TERMS AGREEMENT NO. 2557 – TRANCHE 3 UNDER THE STANDARD PROVISIONS

Exhibit D

TERMS AGREEMENT NO. 2557 – TRANCHE 3 UNDER

THE STANDARD PROVISIONS

August 18, 2023

International Finance Corporation

0000 Xxxxxxxxxxxx Xxxxxx, X.X.

Washington, D.C. 20433

1 The undersigned agree to purchase from you (the “Corporation”) the Corporation’s U.S.$100,000,000 Floating Rate Notes due March 16, 2026 (the “Notes”, as from August 22, 2023 to be consolidated and form a single series with the Corporation’s U.S.$600,000,000 Floating Rate Notes due March 16, 2026, issued on January 31, 2023 (Tranche 1) and U.S.$150,000,000 Floating Rate Notes due March 16, 2026, issued on February 17, 2023 (Tranche 2)) described in the Final Terms, dated as of the date hereof in the form of Annex I hereto (the “Final Terms”) at 9:00 a.m. New York City time on August 22, 2023 (the “Settlement Date”) at an aggregate purchase price of U.S.$101,180,509.48 (which is 100.170% of the aggregate nominal amount of the Notes plus 67 days’ accrued interest from June 16, 2023) on the terms set forth herein and in the Standard Provisions, dated as of October 11, 2021 (as amended from time to time, the “Standard Provisions”), incorporated herein by reference. In so purchasing the Notes, each of the undersigned understands and agrees that it is not acting as an agent of the Corporation in the sale of the Notes.

2 When used herein and in the Standard Provisions as so incorporated, the term “Notes” refers to the Notes as defined herein, the term “Time of Sale” refers to August 15, 2023, 3:52 p.m. London time and the term “Dealers” refers to the undersigned. All other terms defined in the Prospectus, the Final Terms relating to the Notes and the Standard Provisions shall have the same meaning when used herein.

3 The Corporation represents and warrants to the undersigned that the representations, warranties and agreements of the Corporation set forth in Clause 2 of the Standard Provisions (with the term “Prospectus” revised to read the “Prospectus as amended and supplemented with respect to Notes at the date hereof”) are true and correct on the date hereof. The Corporation has not committed or earmarked the proceeds of the Notes for lending to, or financing activities with, a specific person or organization.

4 The obligation of each of the undersigned to purchase Notes hereunder is subject to the accuracy, on the date hereof and on the Settlement Date, of the Corporation’s representations and warranties contained in Clause 2 of the Standard Provisions and to the Corporation’s performance and observance of all applicable covenants and agreements contained therein, in each case with respect to the Notes. The obligation of each of the

undersigned to purchase Notes hereunder is further subject to the receipt by the undersigned of an officer’s certificate of the Corporation substantially in the form referred to in Clause 6(a) of the Standard Provisions, dated as of the Settlement Date.

5 The Corporation agrees that it will issue the Notes and each of the undersigned severally and not jointly agrees to purchase the Notes at the purchase price specified above.

The respective nominal amounts of the Notes that each of the undersigned commits to underwrite are set forth opposite their names below in Schedule I hereto. The combined management and underwriting fee and selling concession shall be split among the undersigned in proportion to the underwriting commitments set out in Schedule I hereto.

6 The purchase price specified above will be paid by Citigroup Global Markets Limited on behalf of the Dealers by wire transfer in same-day funds to the Corporation for value on the Settlement Date.

7 The Corporation hereby appoints each of the undersigned as a Dealer under the Standard Provisions solely for the purpose of the issue of Notes to which this Terms Agreement relates. Each of the undersigned accepts such appointment, whereupon it shall be vested, solely with respect to this issue of Notes, with all authority, rights and powers of a Dealer purchasing Notes as principal set out in the Standard Provisions, a copy of which it acknowledges it has received.

8 In consideration of the Corporation appointing each of the undersigned as a Dealer under the Standard Provisions solely with respect to this issue of Notes, each of the undersigned hereby undertakes for the benefit of the Corporation and each of the other Dealers that, in relation to this issue of Notes, it will perform and comply with all of the duties and obligations expressed to be assumed by a Dealer under the Standard Provisions.

9 Each of the undersigned acknowledges that such appointment is limited to this particular issue of Notes and is not for any other issue of Notes of the Corporation and that such appointment will terminate upon issue of the relevant Notes, but without prejudice to any rights (including, without limitation, any indemnification rights), duties or obligations of each of the undersigned which have arisen prior to such termination.

10 For purposes hereof, the notice details of each of the undersigned are set out in Schedule II hereto.

All notices and other communications hereunder shall be in writing and shall be transmitted in accordance with Clause 10 of the Standard Provisions.

11 If a default occurs with respect to one or more of the several underwriting commitments to purchase any Notes under this Agreement, Dealers who have not defaulted with respect to their respective several underwriting commitments will take up and pay for, as nearly as practicable in proportion to their respective several underwriting commitments, Notes as to which such default occurred, up to but not exceeding in the aggregate 20% of the nominal amount of the Notes for which the non-defaulting Dealers were originally committed; provided, however, that if the aggregate nominal amount of Notes as to which such default occurred exceeds 16.667% of the principal amount of the Notes, the non-defaulting

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Dealers shall be entitled to terminate this Agreement without any liability on the part of any non-defaulting Dealers. Nothing herein will relieve a defaulting Dealer from liability for its default.

12 Solely for the purposes of the requirements of 3.2.7R of the FCA Handbook Product Intervention and Product Governance Sourcebook (the “UK MiFIR Product Governance Rules”) regarding the mutual responsibilities of manufacturers under the UK MiFIR Product Governance Rules:

i. each of Citigroup Global Markets Limited and HSBC Bank plc (each a “UK Manufacturer” and together the “UK Manufacturers”) acknowledges to each other UK Manufacturer that it understands the responsibilities conferred upon it under the UK MiFIR Product Governance Rules relating to each of the product approval process, the target market and the proposed distribution channels as applying to the Notes and the related information set out in the Final Terms and announcements in connection with the Notes; and

ii. the Corporation notes the application of the UK MiFIR Product Governance Rules and acknowledges the target market and distribution channels identified as applying to the Notes by the UK Manufacturers and the related information set out in the Final Terms and announcements in connection with the Notes.

13 This Terms Agreement shall be governed by and construed in accordance with the laws of New York.

14 This Terms Agreement may be executed by any one or more of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such respective counterparts together shall constitute one and the same instrument.

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CITIGROUP GLOBAL MARKETS LIMITED
By:		/s/ Xxxxxxx Xxxxxx
Name:		Xxxxxxx Xxxxxx
Title:		Delegated Signatory
HSBC BANK PLC
By:		/s/ Xxxxxxx Xxxxxxxxxxxxx
Name:		Xxxxxxx Xxxxxxxxxxxxx
Title:		Senior Legal Counsel

CONFIRMED AND ACCEPTED, as of the date first written above:
INTERNATIONAL FINANCE CORPORATION
By:		/s/ Xxxxxxx X. Xxxxxxxxx
Name:		Xxxxxxx X. Xxxxxxxxx
Title:		Manager

SCHEDULE I

Dealer		Nominal Amount of Notes
Citigroup Global Markets Limited		U.S.$	50,000,000
HSBC Bank plc		U.S.$	50,000,000
Total:		U.S.$	100,000,000

SCHEDULE II

Notice Details of the Dealers:

Citigroup Global Markets Limited

Citigroup Centre

Canada Square

Canary Wharf

London E14 5LB

Attention: Fixed Income Syndicate Desk

Telephone: x00 00 0000 0000

Email: xxx.xxxx.xxx.xxxx.xxxxxxxxx@xxxx.xxx

HSBC Bank plc

0 Xxxxxx Xxxxxx

London, E14 5HQ

Tel: x00 00 0000 0000

Email: xxxxxxxxxxx.xxxxxxxxxx@xxxxxx.xxx

Attention: Head of DCM Legal