Diameter Capital EU CLO II DAC: 19 August 2026

The assets securing the Notes will consist of a portfolio of primarily Senior Loans, Secured Senior Bonds, Mezzanine Obligations, Second Lien Loans and High Yield Bonds, managed by Diameter EU CLO Advisors LLC.

On 18 August 2026 (the Issue Date) Diameter Capital EU CLO II DAC will issue Class A-1A Senior Secured Floating Rate Notes due 2041, Class A-1B Senior Secured Floating Rate Notes due 2041, Class A-2 Senior Secured Floating Rate Notes due 2041, Class B Senior Secured Deferrable Floating Rate Notes due 2041, Class C Senior Secured Deferrable Floating Rate Notes due 2041, Class D Senior Secured Deferrable Floating Rate Notes due 2041, Subordinated Diameter Notes due 2041 and ordinary Subordinated Notes due 2041.

The Notes are being offered by the Issuer through Barclays Bank PLC in its capacity as arranger and initial purchaser of the Notes subject to prior sale and subject to certain conditions.

The Issuer anticipates that, by the Issue Date, it will have purchased or committed to purchase Collateral Obligations the Aggregate Principal Balance of which is at least €370mln.

EU & UK Risk Retention: The Collateral Manager (Diameter EU CLO Advisors LLC) in its capacity as Retention Holder will acquire on the Issue Date and retain the Retention Notes for the purposes of complying with the EU/UK Retention Requirements.

US Risk Retention: The Retention Holder will retain the Retention Notes in order to satisfy the US Risk Retention Rules.