RRE 2 Loan Management DAC (2nd Refinance): 06 November 2025

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

On 26 June 2019 (the Original Issue Date) RRE 2 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 E Senior Secured Deferrable Floating Rate Notes due 2032 and Subordinated Notes due 2119.

On 28 June 2021 (the 2021 Refinancing Date) the Issuer refinanced and issued Class A-1-R Senior Secured Floating Rate Notes due 2035, Class A-2-R Senior Secured Floating Rate Notes due 2035, Class B-R Senior Secured Deferrable Floating Rate Notes due 2035, Class C-R Senior Secured Deferrable Floating Rate Notes due 2035, Class D-R Senior Secured Deferrable Floating Rate Notes due 2035 and additional Subordinated Notes due 2119.

On 28 October 2025 (the Re-issue Date) the Issuer will refinance in whole each Class of the Rated Notes by issuing Class A-1-R Senior Secured Floating Rate Notes due 2041, Class A-2-R Senior Secured Floating Rate Notes due 2041, Class B-R Senior Secured Deferrable Floating Rate Notes due 2041, Class C-1-R Senior Secured Deferrable Floating Rate Notes due 2041, Class C-2-R Senior Secured Deferrable Floating Rate Notes due 2041, Class D-R Senior Secured Deferrable Floating Rate Notes due 2041, Performance Notes due 2119 and Preferred Return Notes due 2119.

The Subordinated Notes, consisting of the Original Subordinated Notes issued on the Original Issue Date and the 2021 Subordinated Notes issued on the 2021 Refinancing Date, are not being offered pursuant to this Offering.