Braccan Mortgage Funding 2026-2 plc: 06 October 2026

A securitisation of UK residential mortgage loans originated by Paratus AMC Limited (including under the Foundation Home Loans brand), where the Issuer will make payments on the Notes from, among other things, payments of principal and interest received from a portfolio of buy-to-let and owner-occupied residential mortgage loans originated by the Seller and secured over properties located in the United Kingdom.

As at the provisional portfolio reference date (31 August 2026), the pool consisted of 1,679 mortgage loans, with an aggregate current balance of £405.95 million. The average current loan balance was £241,778. Mortgage Type (by current balance): buy-to-let – 74.42% and owner-occupied – 25.58%. Buy-to-let portfolio landlords accounted for 50.42%, houses in multiple occupation (HMOs) – 8.13%, and multi-unit blocks – 4.06%. Interest-only and part-and-part loans represented 81.70% of the portfolio. The weighted average current LTV was 71.25% (WA original LTV: 71.85%), and the weighted average seasoning was 27.0 months. The weighted average interest rate was 5.71%, with a weighted average remaining term to maturity of 21.8 years. Regional concentration: London and the South East – 50.54%.

EU & UK Risk Retention: Paratus AMC Limited, as originator and Retention Holder, will retain on an ongoing basis a material net economic interest of not less than 5% in the securitisation, in accordance with the UK FCA Securitisation Sourcebook (SECN) and Article 6 of the EU Securitisation Regulation, as if applicable. The retention will be satisfied through a vertical interest, comprising at least 5% of the nominal value of each applicable Class of Notes, in accordance with SECN 5.2.8R(1)(a) and Article 6(3)(a) of the EU Securitisation Regulation.

US Risk Retention: Paratus AMC Limited, as Retention Holder, intends to comply with the US Credit Risk Retention Rules under Regulation RR (17 CFR §246.1 et seq.) by retaining an Eligible Vertical Interest (EVI) representing not less than 5% of the aggregate principal amount outstanding of each applicable Class of Notes and Residual Certificates. The retained interest will be maintained until the applicable regulatory sunset date.

STS: The transaction is not intended to qualify as a Simple, Transparent and Standardised (STS) securitisation under either the UK Securitisation Framework or the EU Securitisation Regulation.