Providus CLO V (Refinance): 02 November 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 Permira European CLO Manager LLP.

On 13 April 2021 (the Original Issue Date) Providus CLO V issued Class A Senior Secured Floating Rate Notes due 2035, Class B-1 Senior Secured Floating Rate Notes due 2035, Class B-2 Senior Secured Fixed Rate Notes due 2035, Class C Senior Secured Deferrable Floating Rate Notes due 2035, Class D Senior Secured Deferrable Floating Rate Notes due 2035, Class E Senior Secured Deferrable Floating Rate Notes due 2035, Class F Senior Secured Deferrable Floating Rate Notes due 2035 and Subordinated Notes due 2035.

On 30 October 2025 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance in whole each Class of Notes and repay in full the Original Class A Facility by issuing Class X-R Senior Secured Floating Rate Notes due 2039, 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 Existing Subordinated Notes were issued on the Original Issue Date with a principal amount outstanding of €38mln and are not being offered pursuant to this Offering. The Additional Subordinated Notes being offered and the Existing Subordinated Notes issued on the Original Issue Date shall together form a single class of Subordinated Notes.