Carlyle Euro CLO 2013-1 DAC (3rd Refinance): 22 September 2025

The assets securing the Notes will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Carlyle CLO Management Europe LLC.

On 17 June 2013 (the Original Issue Date) Carlyle Global Market Strategies Euro CLO 2013-1 BV issued Class A Notes due 2025, Class B-1 Notes due 2025, Class B-2 Notes due 2025, Class B Notes due 2025, Class C-1 Notes due 2025, Class C-2 Notes due 2025, Class C Notes due 2025, Class D-1 Notes due 2025, Class D-2 Notes due 2025, Class D Notes due 2025, Class E Notes due 2025, Class S-1 Subordinated Notes, Class S-2 Subordinated Notes and Subordinated Notes due 2025.

On 15 February 2017 (the 2017 Refinancing Date) the Issuer refinanced the Original Class A Notes due 2030, the Original Class B Notes due 2030, the Original Class C Notes due 2030, the Original Class D Notes due 2030, the Original Class E Notes due 2030, and, together with the 2013 Subordinated Notes, the “Original Subordinated Notes” which were exchanged for €20,100,000 of Subordinated Notes prior to the Issue Date.

On 30 October 2019 (the 2019 Refinancing Date) the Issuer issued the Class A-1-R Notes due 2030 and, together with the 2017 Refinancing Notes (except the 2019 Refinanced Notes), the 2013 Subordinated Notes and the Class S-3 Subordinated Notes.

On 19 September 2025 the Issuer will refinance the Refinanced Notes by issuing Class X Notes due 2038, Class A-1-R-R Notes due 2038, Class A-2-R-R Notes due 2038, Class B-R-R Notes due 2038, Class C-R-R Notes due 2038, Class D-R-R Notes due 2038 and Class E-R-R Notes due 2038.

The Refinanced Notes are being offered by the Issuer through Goldman Sachs International in its capacity as placement agent subject to prior sale.

EU Risk Retention: The Collateral Manager, in its capacity as Retention Holder, undertakes for so long as any Notes are outstanding to subscribe for and retain, on an ongoing basis, a material net economic interest of not less than 5.0% of the nominal value of each Class of the Refinancing Notes.

US Risk Retention: No party involved in the transaction will obtain on the Issue Date and retain any Notes intended to satisfy the US Risk Retention Rules.