Arbour CLO XVI DAC: 15 June 2026

The assets securing the Notes will consist of a portfolio of primarily Senior Loans, Secured Senior Bonds, Mezzanine Obligations and High Yield Bonds, and will be managed by Oaktree Capital Management (UK) LLP.

Arbour CLO XVI DAC will issue Class A Notes, Class B Notes, Class C Notes, Class D Notes, Class E Notes, Class F Notes, Class M Notes and Subordinated Notes on or about 12 June 2026.

The Issuer anticipates that, by the Issue Date, it (or the Collateral Manager on its behalf) will have purchased or committed to purchase Collateral Debt Obligations the Aggregate Principal Balance of which is at least €390mln, which is approximately 97.5% of the Target Par Amount.

The Notes (other than the Subordinated Notes) are being offered by the Issuer through Citigroup Global Markets Limited in its capacity as Placement Agent.

EU Risk Retention: Oaktree European CLO Capital Fund II shall act as Retention Holder for the purposes of the Retention Requirements and will acquire and retain a material net economic interest in the transaction which will be comprised of a first loss tranche, by holding in its own name and on its own account, on an ongoing basis for so long as any Class of Notes remains outstanding, Subordinated Notes with a Principal Amount Outstanding such that the aggregate purchase price thereof equals no less than 5% of the Target Par Retention Amount.

US Risk Retention: Even though it is possible that the US Risk Retention Rules do not apply to this transaction, the Retention Holder intends to satisfy the risk retention requirements under the US Risk Retention Rules by acquiring and holding an “eligible vertical interest” in an amount at least equal to the amount required by the US Risk Retention Rules.