Fidelity Grand Harbour CLO 2022-1 (2nd Refinance) : 21 October 2025

The assets securing the Notes will consist primarily of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Fidelity CLO Advisers LP.

On 25 March 2024 (the 2024 Issue Date) the Issuer issued €173,000,000 Class A Senior Secured Floating Rate Notes due 2037, €75,000,000 Class A Senior Secured Floating Rate Loan due 2037, €31,650,000 Class B-1 Senior Secured Floating Rate Notes due 2037, €12,350,000 Class B-2 Senior Secured Fixed Rate Notes due 2037, €23,000,000 Class C Senior Secured Deferrable Floating Rate Notes due 2037, €26,000,000 Class D Senior Secured Deferrable Floating Rate Notes due 2037, €19,000,000 Class E Senior Secured Deferrable Floating Rate Notes due 2037, €12,000,000 Class F Senior Secured Deferrable Floating Rate Notes due 2037 and €29,150,000 Subordinated Notes due 2037.

On 15 October 2025 (the Issue Date) the Issuer will, subject to certain conditions, refinance the 2024 Debt by issuing Class A-R Senior Secured Floating Rate Notes due 2039, Class B-R Senior Secured Floating Rate Notes due 2039, Class C-R Senior Secured Deferrable Floating Rate Notes due 2039, Class D-R Senior Secured Deferrable Floating Rate Notes due 2039, Class E-R Senior Secured Deferrable Floating Rate Notes due 2039, Class F-R Senior Secured Deferrable Floating Rate Notes due 2039 and additional Subordinated Notes due 2039.

The Additional Subordinated Notes being offered pursuant to this Offering and the Existing Subordinated Notes issued on the 2024 Issue Date shall together form a single class of Subordinated Notes with an aggregate principal amount outstanding of €34,950,000 due 2039.