Moorfields Consumer Funding 2026-1 PLC: 20 October 2026

A UK consumer loan asset-backed securitisation where the Issuer will make payments on the Notes from, among other things, payments of principal and interest received from a portfolio of unsecured consumer loans originated by Fintern Ltd (trading as Abound) and sold to the Issuer by Deutsche Bank AG, London Branch. The underlying loans were advanced to borrowers located in England, Wales, Scotland and Northern Ireland.

As at the provisional portfolio cut-off date (31 July 2026), the portfolio consisted of 25,015 unsecured consumer loans advanced to 25,015 borrowers, with an aggregate current outstanding balance of £199.65 million and an original balance of £227.63 million. The average current loan balance was £7,981. The weighted average nominal interest rate was 14.50%, while the weighted average seasoning was 5.68 months. The weighted average original loan term was 52.87 months, with a weighted average remaining term of 46.40 months. Arrears Distribution (by current outstanding balance): current (0 days past due) – 98.7%, 1–30 days past due – 1.0% and 30–60 days past due – 0.3%. The weighted average Experian Delphi Gen 11 Score was 948, while the weighted average Equifax Risk Navigator Score was 416.

EU & UK Risk Retention: Deutsche Bank AG, London Branch, 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 Article 6 of the EU Securitisation Regulation and SECN 5 of the UK Securitisation Framework. The retention will be satisfied through a Vertical Risk Retention (VRR) Loan Note, representing at least 5% of the securitisation exposure, in accordance with Article 6(3)(a) of the EU Securitisation Regulation and SECN 5.2.8R(1)(a). The Retention Holder will maintain this interest for as long as any Class of Notes remains outstanding.

US Risk Retention: The transaction is subject to the US credit risk retention requirements under Section 15G of the Securities Exchange Act of 1934, as added by Section 941 of the Dodd-Frank Act, and Regulation RR (17 CFR § 246.1 et seq.). Deutsche Bank AG, London Branch, as sponsor and Retention Holder, intends to satisfy these requirements by acquiring and retaining, directly or through a majority-owned affiliate, an eligible vertical interest of at least 5% in the Issuer on the Closing Date, in the form of the VRR Loan Note. The VRR Loan Note will have an initial principal amount of approximately £10.82 million. The applicable US retention period extends until the later of the fifth anniversary of closing and the date on which the portfolio's outstanding principal balance has declined to 25% of its closing balance, subject to a maximum period of seven years.

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