Bain Capital Euro CLO 2026-1 DAC: 13 May 2026

The assets securing the Notes will consist primarily of a portfolio of Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Bain Capital Credit CLO Management III (DE) LP.

On or about 12 May 2026 (the Issue Date) Bain Capital Euro CLO 2026-1 DAC, subject to the satisfaction of certain conditions, will issue Class A Senior Secured Floating Rate Notes due 2039, Class B Senior Secured Floating Rate Notes due 2039, Class C Senior Secured Deferrable Floating Rate Notes due 2039, Class D Senior Secured Deferrable Floating Rate Notes due 2039, Class E Senior Secured Deferrable Floating Rate Notes due 2039, Class F Senior Secured Deferrable Floating Rate Notes due 2039 and Subordinated Notes due 2039.

The Subordinated Notes will include the BCC Subordinated Notes which collectively comprise a single “Class” of Subordinated Notes unless otherwise expressly set forth in the Transaction Documents. BCC Subordinated Notes are, with respect to any Payment Date, the Subordinated Notes as of the related Record Date identified with specific ISINs.

In addition, on or about the Issue Date, the Issuer will enter into a loan agreement pursuant to which the Class A Lenders will make available to the Issuer a senior secured floating rate loan facility in an aggregate amount of €53,000,000.

The Notes are being offered by the Issuer through BNP Paribas in its capacity as arranger and initial purchaser of the offering of such Notes.

The Issuer anticipates that by the Issue Date it, or the Collateral Manager on its behalf, will have purchased or committed to purchase Collateral Obligations the Aggregate Principal Balance of which is equal to at least €376mln, which is approximately 94.0% of the Target Par Amount.

EU Risk Retention: Bain Capital Credit US CLO Manager II LP shall act as Retention Holder for the purposes of the EU Retention Requirements and will undertake to subscribe for and retain, on an ongoing basis, a material net economic interest in the Subordinated Notes with a Principal Amount outstanding, at any time, equal to not less than 5% of the Collateral Principal Amount, in accordance with the Retention Requirements applicable as of the Issue Date.

US Risk Retention: None of the Collateral Manager or its affiliates intend to acquire or hold any Notes in contemplation of compliance with the US Risk Retention.