Frontier Mortgage Funding 2026-1 plc: 19 June 2026

A stand-alone transaction where the Issuer will make payments on the debt from, among other things, payments of principal and revenue on a portfolio comprising loans secured over residential properties located in England, Wales, Northern Ireland and Scotland. The originator of the loans was Santander UK plc.

As at the Cut-Off Date (31 March 2026) the Portfolio was comprised of 12,209 Mortgage Loans secured over 9,019 properties and originated between January 2020 and March 2026. The average loan balance is £153,013 and the largest is £2,907mln. Occupancy Type: owner occupied – 92.03%, BTL – 7.97%. Repayment type: Repayment – 62.82%, Interest only – 37.18%. Interest Rate Type: fixed – 82.42%, floating – 17.58%. The WA current LTV is 67.92% (original LTV was 74.85%) and the WA seasoning is 8.32 years. Additional information: Self- Employed – 21.85%; First Time Buyer – 23.92%; Ever Restructured – 8.16%. Geographical distribution: Greater London – 28.20%, South East – 19.08%, East Anglia – 13.21% and the North West – 7.77%.

UK & EU Risk Retention: On the Closing Date the Retention Holder, Bank of America NA London Branch, as an originator for the purposes of the UK Securitisation Framework and the EU Securitisation Regulation (interpreted and applied as in force at the Closing Date) will undertake that it will retain a material net economic interest of at least 5% in the securitisation. That interest will comprise the retention of not less than 5% of the nominal value of each of the tranches sold or transferred to investors.

US Risk Retention: The securitisation transaction will be subject to the credit risk retention requirements of Section 15G of the Exchange Act. The Retention Holder, as "sponsor", intends to satisfy its obligations under the US Risk Retention Requirement by acquiring and retaining on the Closing Date (directly or through a majority-owned affiliate) an "eligible vertical interest" in the Issuer in the form of the VRR Loan Notes.

Compare/contrast: Frontier Mortgage Funding 2025-1