Elide II FCC (Compartment 2025-01): 26 July 2025

Another deal in the series of securitisations originated by BRED Banque Populaire in France. The deal takes the form of a static pool of residential mortgage-backed securities and securities guaranteed by CASDEN and BRED Habitat.

The static portfolio consists of 11,647 fixed-rate prime residential loans advanced to 11,154 borrowers to finance real estate and home improvements in France and overseas departments, none of which are in arrears. All loans pay monthly. The average loan size is Eur158,839. The WA seasoning is 46.01 months. Regional concentration: Ille de France - 47.74%, Normandy - 20.24% and the French overseas Dept - 19.66%.

EU Risk Retention: BRED Banque Populaire, in its capacity as Assignor, undertakes to permanently retain a significant net economic interest of at least 5% of the transaction in accordance with Article 6 of the Securitisation Regulation. On the Compartment Opening Date, the retention of a net economic interest will consist of the retention by BRED Banque Populaire of the S Bonds