Hive 2026-1 B.V.: 25 June 2026

A stand-alone transaction, where the Issuer will make payments on the Notes from payments of principal and revenue received from a portfolio comprising equipment lease receivables originated by Beequip BV in the name of and on behalf of Beequip Equipment BV.

As at the Cut-off Date (31 May 2026) the pool comprised 9,118 Receivables with an aggregate Outstanding Principal Balance of €500,000,045 and Average Current Principal Balance Eur54,836. Contrast type by percentage of current principal balance: Financial Lease – 89.47%, Operating Lease – 10.53%. Obligor concentration: top 1 – 2.00%, top 5 – 8.31%, top 20 – 21.23%. Obligor Country by percentage of contracts: Netherlands – 96.36%, UK% - 0.26%, Switzerland – 0.08%. The WA seasoning is 21.21 months.

EU & UK Risk Retention: On the Closing Date and until all of the Debt has been redeemed in full, Beequip BV as originator (the Retention Holder) will retain a material net economic interest of not less than 5% in the securitisation as required by Article 6 of Regulation (EU) 2017/2402 and SECN 5. In the case of the UK Retention Requirements, as at the Closing Date, the Retention will be satisfied by the Retention Holder subscribing for and thereafter holding an interest in the Class E Notes.

US Risk Retention: Beequip, as the sponsor under the final rules promulgated under Section 15G of the US Securities Exchange Act of 1934, does not intend to retain at least 5% of the “credit risk” of the “securitized assets” but rather intends to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions.

Compare/contrast: Hive 2025-1 BV, FCT Ponant 1