CVC Cordatus Loan Fund XXXI DAC (Refinance): 04 March 2026

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 CVC Credit Partners Investment Management Limited.

On 13 June 2024 (the Original Issue Date) CVC Cordatus Loan Fund XXXI DAC 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-1 Senior Secured Deferrable Floating Rate Notes due 2034, Class F-2 Senior Secured Deferrable Floating Rate Notes due 2037 and Subordinated Notes due 2037.

On or about 27 February 2026 (the Re-issue Date) the Issuer will, subject to certain conditions, refinance the Original Rated Notes by issuing 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 and Class F-1 Senior Secured Deferrable Floating Rate Notes due 2037.

The Class A Notes, the Class F-2 Notes and the Subordinated Notes were issued on the Original Issue Date and are not being offered pursuant to this Offering.

The Refinanced Notes are being offered by the Issuer through Morgan Stanley & Co. International plc in its capacity as arranger.