Beckett Mortgages 2026-1 DAC: 01 March 2026

The second standalone transaction via the Beckett name, where the Issuer will once again make payments on the Notes from payments of principal and revenue on a portfolio comprising mortgage loans secured over residential properties located in Ireland. The loans in the Mortgage Portfolio were originated by Nua Money Limited (the Original Seller) and acquired by the Seller from the Original Seller.

At the cut-off date (4 February 2026) the provisional pool consisted of 1,053 (mostly) performing mortgage loans, where the average mortgage loan balance is Eur284,609 and largest current balance is Eur1.397mln. Occupancy Type (by current balances): Owner occupied – 100.0%. Mortgage type: Purchase – 85.09%, Re-mortgage with Equity Release – 5.49%, Equity Release – 4.11%, others – 5.31%. Interest Rate Type: Fixed with switch to floating – 100.0%. Additional information: First Time Buyer – 53.52%. Self-employed – 12.59%. The indexed CLTV is 70.08% (original LTV was 70.39%) and the WA seasoning is 3.04 mnths. Regional concentration: Dublin – 40.79%, Meath – 7.08% and Kildare – 7.03%.

UK & EU Risk Retention: On the Closing Date the Seller, as an originator for the purposes of the UK Securitisation Framework and the EU Securitisation Regulation, will retain on an ongoing basis a material net economic interest of not less than 5% in the securitisation.

US Risk Retention: The Retention Holder intends to satisfy the US Credit Risk Retention Requirements by acquiring and retaining, directly, an eligible vertical interest (an EVI) equal to a minimum of 5% of the nominal value of each Class of Notes issued by the Issuer on the Closing Date.

STS: On the Closing Date, it is intended that a notification will be submitted to ESMA and the Central Bank of Ireland by Barclays Bank Ireland PLC, as originator, in accordance with Article 27 of the EU Securitisation Regulation, confirming that the Article 18 and Articles 19 to 22 requirements of the EU Securitisation Regulation for designation as a non-ABCP traditional EU STS securitisation (the EU STS Requirements) have been satisfied with respect to the Notes.

Compare/contrast: Beckett Mortgages 2025-1, Aran Funding 2025-1 DAC, Kinbane 2025-RPL 2 DAC