abc SME Lease Germany (Compartment 11): 19 June 2026

As per the previous abc deals, the transaction is backed by a pool of lease receivables relating to movable lease objects, where the relevant receivables were originated by Schneidereit Finance GmbH, Hako Finance GmbH and abcfinance GmbH. The sub-servicers Hako Finance GmbH and Schneidereit Finance GmbH are fully owned by abcfinance GmbH.

Eligibility criteria (includes): the receivable is subject to German law and the lease object is located in Germany; is denominated and payable in Euros; has a remaining period of at least 6 months; is neither a defaulted receivable nor a delinquent receivable nor a disputed receivable; at least 1 due lease instalment has been fully paid.

At the cut-off date (31 May 2026) the pool consists of 18,856 contracts and the Initial Outstanding Nominal Amount is Eur499,798mln. Product type (by number of contracts / current balances): partial amortisation – 6,217 / 32.73 %, hire purchase – 5,687 / 49.59%, full amortisation – 4,723 / 13.91% and hire – 2,229 / 3.77%. Regional concentration: North Rhine –Westphalia - 27.90%, Bavaria – 13.92%, Baden-Wuerttemberg – 13.33% and Hesse – 8.69%. The WA seasoning is 11.71 months.

EU Risk Retention: The Seller will retain on an ongoing basis for the life of the transaction a material net economic interest of not less than 5% in the transaction in accordance with Article 6(1) and 6(3)d of the Securitisation Regulation. The Seller will retain on an ongoing basis Class C Notes equal to at least 5% of the nominal amount of the securitised exposures as of the issue date.

STS: The transaction has been structured to comply with the STS criteria, and the Seller has provided ESMA with a STS notification in respect of the transaction.

Compare/contrast: abc SME Lease Germany (Compartment 9), TREVA Equipment Finance SA Compartment 2024-1