Capital Four CLO VII DAC (Refinance): 22 February 2026

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 Capital Four CLO Management II K/S.

On 21 March 2024 (the Original Issue Date) the Issuer issued Class A Senior Secured Floating Rate Notes due 2037, Class B-1 Senior Secured Floating Rate Notes due 2037, Class B-2 Senior Secured Fixed 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.

On or about 19 February 2026 (the Re-issue Date and Refinancing Date) the Issuer will, subject to the satisfaction of certain conditions, redeem and repay (as applicable) the Refinanced Debt by issuing Class X 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 Existing Subordinated Notes were issued on the Original Issue Date with a principal amount outstanding of €29,650,000 and are not being offered pursuant to this Offering.

The Offered Notes are being offered by the Issuer through BNP Paribas in its capacities as Arranger and Initial Purchaser of the Notes.