CVC Cordatus Loan Fund XXXI (Class A Refinance): 18 June 2026

The assets securing the Notes will consist primarily of a portfolio of Senior Secured Loans, Senior Secured Bonds, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by CVC Credit Partners Investment Management Limited.

On 13 June 2024 (the Original Issue Date) CVC Cordatus Loan Fund XXXI issued Class A Senior Secured Floating Rate Notes due 2037, Class B-1 Senior Secured Floating Rate Notes due 2037, Class B-2 Senior Secured Fixed Rate Notes due 2037, Class C Senior Secured Deferrable Floating Rate Notes due 2037, Class D Senior Secured Deferrable Floating Rate Notes due 2037, Class E Senior Secured Deferrable Floating Rate Notes due 2037, Class F-1 Senior Secured Deferrable Floating Rate Notes due 2034, Class F-2 Senior Secured Deferrable Floating Rate Notes due 2037 and Subordinated Notes due 2037.

On 27 February 2026 (the First Refinancing Date) the Issuer refinanced some of the Original Rated Notes by issuing Class B-1 Senior Secured Floating Rate Notes due 2037, Class B-2 Senior Secured Fixed Rate Notes due 2037, Class C Senior Secured Deferrable Floating Rate Notes due 2037, Class D Senior Secured Deferrable Floating Rate Notes due 2037, Class E Senior Secured Deferrable Floating Rate Notes due 2037 and Class F-1 Senior Secured Deferrable Floating Rate Notes due 2037.

On or about 15 June 2026 (the Issue Date) the Issuer, subject to certain conditions, will refinance the Original Class A Notes by issuing €268,400,000 Class A Senior Secured Floating Rate Notes due 2037.

The Refinanced Notes are being offered by the Issuer through Morgan Stanley & Co International plc in its capacity as arranger and initial purchaser of the offering of such Refinanced Notes