Citizen Irish Real Estate Trust 2026 DAC: 23 September 2026

The Issuer, Citizen Irish Real Estate Trust 2026 DAC, will make payments on the Notes from payments of principal and interest received from a portfolio solely comprising mortgage loans originated by First Citizen Finance DAC and secured over residential buy-to let and commercial real estate properties located in Ireland.

First Citizen Finance DAC has been originating financing in the real estate lending sector and servicing such loans for a period of 10 years. First Citizen Finance DAC acquired the entire Permanent TSB Finance Limited operation platform and, prior to this acquisition, Permanent TSB Finance Limited had been one of the largest consumer finance companies in Ireland, with a market share of over 35%.

As at the Cut-Off Date (30 June 2026) the pool was comprised of 181 mortgage loans with an aggregate outstanding balance of £319,487,759 and an average loan balance of £1,765,126. There is a total of 900 properties in the pool, where the WA current interest rate is 7.05% and the WA term is 42 months.

EU and UK Risk Retention: The Retention Holder (Arrow Credit Opportunities II Aggregator SCSp SICAV-RAIF) has undertaken to retain on an ongoing basis a material net economic interest of not less than 5% of the nominal value of the securitised exposures.

US Risk Retention: The Seller intends to rely on an exemption provided for in Section 20 of the US Risk Retention Rules regarding non-US transactions.