Montgomery Square Consumer Funding 1 plc: 27 March 2026

A stand-alone transaction, where the Issuer will make payments on the Notes, the Certificates and the VRR Loan Note from payments of principal and revenue received from a portfolio comprising unsecured consumer loans sold by the Seller to the Issuer on the Closing Date. The Loans were acquired by the Seller from Fintern Finance COZ4 Ltd (the Interim Seller) who, in turn, originally acquired the Loans from Fintern Ltd (trading as Abound) prior to the Closing Date.

Abound is a wholly owned subsidiary of Fintern Finance Holdings Ltd, which is in turn a wholly owned subsidiary of Fintern Holdings Ltd. Abound is a UK online/digital unsecured consumer lender and servicer which provides finance to customers and makes credit assessments through a proprietary technology platform. Abound launched in March 2021 and, as at the end of January 2026, has originated over £1.4 billion of unsecured loans to UK consumers.

The provisional portfolio (as at 31 January 2026) consists of 17,983 income-verified unsecured loans, where the WA loan balance is £13,144 and the largest is £20,300. Loan Purpose: Debt Consolidation – 62%, Home Improvements – 17%. The WA seasoning is 5.94 months. Regional concentration: London – 14%, South East – 13%, North West – 12%.

UK & EU Risk Retention: On the Closing Date, Citibank NA London Branch (the Retention Holder) will, as an originator, retain a material net economic interest of not less than 5% in the securitisation in accordance with (i) Article 6 of Regulation (EU) 2017/2402 and (ii) SECN 5 of the securitisation sourcebook of the handbook of rules and guidance adopted by the FCA. As at the Closing Date, the Risk Retention will comprise the Retention Holder holding the VRR Loan Note, representing not less than 5% of the nominal value of each tranche sold or transferred to investors on the Closing Date.

US Risk Retention: The securitisation transaction will be subject to the credit risk retention requirements of Section 15G of the Exchange Act, and the Retention Holder intends to satisfy same by acquiring and retaining (directly or through a majority-owned affiliate) a "single vertical security" that is an "eligible vertical interest" in the Issuer in the form of the VRR Loan Note.

STS: Neither the Issuer, the Seller, the Joint Lead Managers nor the Arranger has any intention to notify ESMA or the FCA, or otherwise seek designation of the securitisation in connection with which the Notes are issued, as 'STS' or 'simple, transparent and standardised'.

Compare/contrast: Asimi Funding 2025-2 PLC, Pavillion Consumer 2025-1