Advanzia Master Issuer - Compartment 2 (May 2036): 21 May 2026

An issuance via the Compartment 2 vehicle of the Advanzia Master Issuer programme.

Under this programme the Issuer will make payments on the Notes from payments received from the Receivables AOE Issuer under the Public Series 1 Asset Note, where the ultimate source of payments on the Notes will be Collections on a portfolio of designated credit card receivables accounts originated by Advanzia Bank SA.

Advanzia Bank is a European digital bank based in Luxembourg. It offers no-fee credit cards and deposit accounts for private customers. Its service portfolio also contains co-branded credit cards and charge cards for business partners and other financial institutions.

EU & UK Risk Retention: In compliance with Article 6 of the Regulation (EU) 2017/2402 the Seller has undertaken to retain, on an ongoing basis whilst any of the Notes remain outstanding, the Originator's interest of not less than 5% of the nominal value of each of the securitised exposures. The Retention Holder will also adhere to the UK retention rules.

US Risk Retention: The Originator intends to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions that meet certain requirements.

STS: The transaction is intended to qualify as a STS-securitisation within the meaning of Article 18 of the EU Securitisation Regulation.

Contrast/compare: London Cards Master Issuer plc, NewDay Partnership Funding (Series 2026-1)