Foyt Finance DAC: 25 May 2026

The Issuer will make payments on the Notes, the Instruments and the VRR Loan from payments of principal and revenue received under (i) the FT Istria Bonds - which are unitranche Spanish law-governed bonds issued by FT Istria on the FT Istria Incorporation Date and backed by, inter alia, payments of principal and revenue received from a portfolio comprising credit rights under unsecured loans granted by Santander Consumer Finance SA to individuals to finance the acquisition of vehicles (the “Istria Loans” – 79% and the vehicles financed thereunder the “Istria Vehicles”) and (ii) the FT Trieste Bonds - which will be unitranche Spanish law-governed bonds to be issued by FT Trieste on the FT Trieste Incorporation Date and backed by, inter alia, payments of principal and revenue received from a portfolio comprising credit rights under unsecured loans granted by the Originator to individuals to finance the acquisition of vehicles (the “Trieste Loans” – 21% and the vehicles financed thereunder the “Trieste Vehicles”).

As at the Portfolio Cut-Off Date (28 February 2026) the Portfolio comprised 37,216 fixed-rate French Amortisation auto loans, where the Average Current Balance is €12,897 and the largest is €184,414. Auto type: New – 50.94%, Used – 49.06%. The WA seasoning is 31.09 mnths.

Significant Investor: On the Closing Date it is expected that 100% of the Principal Amount Outstanding of the Notes and the Class Y Instruments will be collectively held by one or more funds or related funds acting directly or through an affiliate and managed by the same investment manager.

STS: The Notes are not intended to be designated as a UK STS securitisation or a EU STS securitisation for the purposes of the UK Securitisation Framework or the EU Securitisation Regulation.

UK & EU Risk Retention: The Retention Holder (Citibank NA London Branch) will retain, on an ongoing basis, as an originator within the meaning of the UK Securitisation Framework and the EU Securitisation Regulation, a material net economic interest of at least 5% in the securitisation. As at the Closing Date, the UK Risk Retention Requirement and the EU Risk Retention Requirement will be satisfied by the Retention Holder funding the VRR Loan which has a principal value equal to at least 5% of the aggregate principal amount of the Notes and the Instruments.

US Risk Retention: The Retention Holder, as the “sponsor” under and for purposes of the US Risk Retention Rules, shall comply with the requirements of the US Risk Retention Rules by acquiring on the Closing Date and retaining, for the requisite period, the Required Credit Risk in the form of the VRR Loan which has a principal value equal to at least 5% of the aggregate principal amount of the Notes and the Instruments.

Compare/contrast: Auto ABS Spanish Loans 2026-1, CaixaBank Consumo 7 FTDA