Penta CLO 22 DAC: 05 June 2026

The assets securing the Debt will consist of a portfolio of primarily Senior Obligations, Mezzanine Obligations and High Yield Bonds, and will be managed by Partners Group CLO Advisers LP.

Penta CLO 22 DAC will issue Class A Notes, Class B Notes, Class C Notes, Class D Notes, Class E Notes, Class F Notes, Class Z Notes and Subordinated Notes.

In addition, on the Issue Date, the Issuer will enter into a loan agreement (the Class A/B Loan Agreement) pursuant to which the Class A Lenders will make available to the Issuer a senior secured floating rate loan facility in an aggregate amount of €143mln and the Class B Lenders will make available to the Issuer a senior secured floating rate loan facility in an aggregate amount of €40mln.

The Notes (other than any Notes being sold directly by the Issuer to the Retention Holder or its Affiliates) are being offered by the Issuer through Citigroup Global Markets Limited in its capacity as Placement Agent and sole Arranger of the Notes subject to prior sale.

EU Risk Retention: The Retention Holder (Partners Group (UK) Management Ltd) will agree to acquire on the Issue Date and hold on an ongoing basis, for so long as any Class of Notes remains outstanding, a material net economic interest in the transaction which will be comprised of not less than 5% of the Principal Amount Outstanding of each tranche of Notes in accordance with (i) Article 6(3)(a) of the EU Retention Requirements and (ii) SECN 5.2.8R(1)(a) for the purposes of complying with the Retention Requirements as they apply on the Issue Date.

US Risk Retention: Each of the Collateral Manager and the Originator does not intend to purchase or retain Debt for the purposes of satisfying the US Risk Retention Rules and, instead, each of the Collateral Manager and the Originator intends to use the “Safe harbor for certain foreign related transactions” contained in Section __.20 of the US Risk Retention Rules.