Finsbury Square 2025-1 PLC: 20 July 2025

Another transaction in the Finsbury Square series of standalone RMBS deals (this is the tenth). The Issuer's primary source of funds to make payments on the Notes, the Senior Deferred Consideration and the Residual Deferred Consideration will be payments received in respect of a portfolio of first ranking residential mortgage loans originated by KMC and secured on properties located in England, Wales, Scotland and Northern Ireland. The Notes will be secured by the Mortgage Portfolio.

As at the cut-off date (30 April 2025) the mortgage pool consisted of 3,484 loans, where the average balance is £171,471 and the largest loan is for £1.220mln. Mortgage originator (by current balances): KMC – 100.00%. Ownership Type (by current balances): Owner occupied – 72.57%, Non-Owner/BTL – 27.43%. Repayment Method (by current balances): Repayment – 70.81%, Interest only – 28.24%. Rate Type: Fixed to Floating – 95.25%, Floating – 4.75%. Loan Purpose: Purchase – 74.81%, Re-mortgage – 19.15% and Debt consolidation – 6.04%. Loans in Arrears >= 3 month – 11.11%. Additionally, self-employed account for 42.61% of the pool and there are no self-certified mortgages in the pool; CCJs (Primary Borrower) – 10.33%. The WA current indexed LTV is 70.17% (original LTV was 76.80%) and the WA seasoning is 35.68 mnths. Regional concentration: South East – 13.84%, London – 13.06%, the East of England – 12.98% and the North West – 11.80%.

EU & UK Risk Retention: On the Closing Date, Barclays Bank PLC (the Retention Holder) will retain, as sponsor, on an ongoing basis, a material net economic interest of not less than 5% in the securitisation in accordance with Article 6(1) of the EU Securitisation Regulation and Article 6(1) of Chapter 2 of the PRASR (the “UK Retention Requirements”). As at the Closing Date, such interest will be comprised of the Retention Holder holding no less than 5% of the nominal value of each Class of Notes and no less than a 5% interest in the Senior Deferred Consideration.

US Risk Retention: The Seller, as the sponsor under the US Risk Retention Rules, does not intend to retain at least 5% of the credit risk of the securitised assets for the purposes of compliance, but rather intends to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions.

STS: The Notes are not intended to be designated as a UK STS securitisation for the purposes of the UK Securitisation Framework.

Compare/contrast: Finsbury Square 2021-2, London Bridge Mortgages 2025-1 plc, Hadrian Funding 2025-1plc