Palmer Square European Loan Funding 2026-1 DAC : 11 May 2026

The assets securing the Notes will consist of a portfolio of primarily Senior Secured Loans, Senior Secured Bonds, Unsecured Senior Loans, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Palmer Square Europe Capital Management LLC.

On the Issue Date, Palmer Square European Loan Funding 2026-1 DAC will issue Class A Senior Secured Floating Rate Notes due 2035, Class B Senior Secured Floating Rate Notes due 2035, Class C Senior Secured Deferrable Floating Rate Notes due 2035, Class D Senior Secured Deferrable Floating Rate Notes due 2035, Class E Senior Secured Deferrable Floating Rate Notes due 2035 and Subordinated Notes due 2035.

The Notes are being offered by the Issuer through JP Morgan Securities plc in its capacity as placement agent of the offering.

The Issuer anticipates that, by the Issue Date, it or the Servicer on its behalf will have purchased or committed to purchase Collateral Debt Obligations, the Aggregate Principal Balance of which is equal to at least €500mln.

EU & UK Risk Retention: The Retention Holder (Palmer Square Europe Capital Management LLC) will undertake, as an originator, to subscribe for on the Issue Date and hold, on an ongoing basis and for its own account, for so long as any Class of Notes remains outstanding, a material net economic interest of not less than 5% of the Principal Amount Outstanding of each Class of Notes.

US Risk Retention: The Issuer does not expect to be required to retain the Minimum Risk Retention Requirement pursuant to the US Risk Retention Rules provided, however, that the Collateral Manager in its capacity as Retention Holder will retain the Retention Notes on the Issue Date with the intention of complying with the Securitisation Regulations.