RRE 1 Loan Management DAC (2nd Refinance): 18 October 2025

The assets securing the Debt will consist of a portfolio of primarily Senior Loans, Secured Senior Bonds, Mezzanine Obligations, Second Lien Loans and High Yield Bonds managed by Redding Ridge Asset Management (UK) LLP.

On 15 April 2019 (the Original Issue Date) RRE 1 Loan Management issued Class A-1 Senior Secured Floating Rate Notes due 2032, Class A-2 Senior Secured Floating Rate Notes due 2032, Class B Senior Secured Floating Rate Notes due 2032, Class C Senior Secured Deferrable Floating Rate Notes due 2032, Class D Senior Secured Deferrable Floating Rate Notes due 2032, Class E Senior Secured Deferrable Floating Rate Notes due 2032 and Subordinated Notes due 2119.

On 15 April 2021 (the 2021 Refinancing Date) the Issuer refinanced the Original Class A Notes, the Original Class B Notes, the Original Class C Notes, the Original Class D Notes and the Original Class E Notes.

On 15 October 2025 (the re-issue Date) the Issuer will, subject to certain conditions, refinance in whole each Class of the Notes by issuing Class A-1-R Senior Secured Floating Rate Notes due 2040, Class A-2-R Senior Secured Floating Rate Notes due 2040, Class A-2 Notes together with the Class A-1 Notes, Class B-R Senior Secured Deferrable Floating Rate Notes due 2040, Class C-1-R Senior Secured Deferrable Floating Rate Notes due 2040, Class C-2-R Senior Secured Deferrable Floating Rate Notes due 2040 and Class D-R Senior Secured Deferrable Floating Rate Notes due 2040. Performance Notes due 2119 and Preferred Return Notes due 2119 will also be issued.

The Existing Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering.