Barings Euro CLO 2024-1 (refinance): 02 February 2026

The assets securing the Debt will consist of a portfolio of predominantly Secured Senior Obligations, Secured Senior Notes, Unsecured Senior Obligations, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Barings (UK) Limited.

On 17 July 2024 (the Original Issue Date) the Issuer issued Class A Senior Secured Floating Rate Notes due 2037, Class B Senior Secured Floating Rate Notes due 2037, Class C Senior Secured Deferrable Floating Rate Notes due 2037, Class D Senior Secured Deferrable Floating Rate Notes due 2037, Class E Senior Secured Deferrable Floating Rate Notes due 2037, Class F Senior Secured Deferrable Floating Rate Notes due 2037
and Subordinated Notes due 2037. In addition, the Issuer entered into a loan agreement pursuant to which the Class A lender thereunder made available to the Issuer a Class A Senior Secured Floating Rate Loan due 2037 in the amount of €82,750,000, which was fully drawn on the Original Issue Date.

On or about 30 January 2026 (the Re-issue Date) the Issuer will, subject to the satisfaction of certain conditions, refinance in whole each Class of the Rated Notes and repay in full the Original Class A Loan through refinancing 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 and Class F-R Senior Secured Deferrable Floating Rate Notes due 2039.

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