EX-99.2 3 ex992termsofsale.htm EX-99.2 TERMS Document

Exhibit 99.2
TERMS OF SALE

Further to the provisions of the SECONDARY BLOCK TRADE AGREEMENT DATED 30 September 2024 between Pfizer Inc., Merrill Lynch International, Goldman Sachs International, Deutsche Bank AG, London Branch, HSBC Bank plc, RBC Europe Limited, Barclays Bank PLC, BNP PARIBAS, Mizuho International plc, Siebert Williams Shank & Co., LLC and PNC Capital Markets LLC (the “Agreement”), the following terms of sale are agreed:

    Number of Sale Shares: 640,000,000
    Purchase Price per Sale Share: 380 pence
Base Commission: 0.5%

Closing Date: 3 October 2024


The Seller confirms the accuracy of the representations and warranties set out in Annex B of the Agreement, and each Manager confirms the accuracy of the representations and warranties set out in Annex C of the Agreement and the Seller and each of the Managers confirms the provisions of the Agreement and acknowledge and agree that these Terms of Sale form part of and shall be read in conjunction with the Agreement.

Terms defined in the Agreement shall have the same meanings herein.

These Terms of Sale and the relationship among the parties hereto (and any non-contractual obligation, dispute, controversy or claim of whatever nature arising out of or in any way relating to these Terms of Sale or their formation) shall be governed by and construed in accordance with English law. The parties irrevocably agree that the English courts will have exclusive jurisdiction in relation to these Terms of Sale and the parties hereby submit to the jurisdiction of such courts.












    
    
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IN WITNESS WHEREOF these Terms of Sale have been duly executed as of 1 October 2024.


[Terms of Sale – Signature Page]


For and on behalf of

MERRILL LYNCH INTERNATIONAL



By: /s/ James Palmer            


Name: James Palmer                            
Title: Head of EMEA ECM                            
                            



[Terms of Sale – Signature Page]


For and on behalf of

GOLDMAN SACHS INTERNATIONAL



By: /s/ John Wilkinson            


Name: John Wilkinson                            
Title: Managing Director


[Terms of Sale – Signature Page]


For and on behalf of

Deutsche Bank AG, London Branch




By: /s/ Saadi Soudavar            


Name: Saadi Soudavar                            
Title: Managing Director



By: /s/ Avnish Srivastava                


Name: Avnish Srivastava                            
Title: Director


[Terms of Sale – Signature Page]


For and on behalf of

HSBC BANK PLC



By: /s/ Richard Fagan                


Name: Richard Fagan                            
Title: Managing Director



[Terms of Sale – Signature Page]


For and on behalf of

RBC EUROPE LIMITED



By: /s/ RJ Walford            


Name: RJ Walford                            
Title: Managing Director
                            



[Terms of Sale – Signature Page]


For and on behalf of

BARCLAYS BANK PLC



By: /s/ David Seal            


Name: David Seal                            
Title: Managing Director, ECM Execution




[Terms of Sale – Signature Page]


For and on behalf of

BNP PARIBAS



By: /s/ Tom Snowball                


Name: Tom Snowball                            
Title: Managing Director



By: /s/ Virginia Khoo                


Name: Virginia Khoo                            
Title: Managing Director


[Terms of Sale – Signature Page]


For and on behalf of

MIZUHO INTERNATIONAL PLC



By: /s/ Johnathan Murray


    _________________                

Name: Johnathan Murray                            
Title: Managing Director, ECM



[Terms of Sale – Signature Page]


For and on behalf of

SIEBERT WILLIAMS SHANK & CO., LLC



By: /s/ Sobani Warner            


Name: Sobani Warner                            
Title: Co-Head of Corporate Finance



[Terms of Sale – Signature Page]


For and on behalf of

PNC CAPITAL MARKETS LLC



By: /s/ Dylan Haas            


Name: Dylan Haas                            
Title: Director


[Terms of Sale – Signature Page]


For and on behalf of

Pfizer Inc.


By: /s/ Brian Byala    


Name: Brian Byala                            
Title: SVP, Treasurer                             



            


[Terms of Sale – Signature Page]