Cars Alliance Auto Leases France Master: 30 April 2024

The purpose of the Issuer is to (a) purchase from time to time from DIAC (the Seller) certain auto lease receivables, together with the related ancillary rights attached, arising from or in connection with auto lease contracts with purchase option (the Auto Lease Contracts) entered into in respect of one car of brand of the Renault Group or Nissan if the car is a New Car or of any brand if the car is a Used Car, between the Seller and certain lessees who are persons acting for private purposes and who are resident in France, at the time of entry of the relevant Auto Lease Contract, and (b) issue the Notes and the Residual Units in order to finance such purchase.

Subject to compliance with all relevant laws, regulations and terms and conditions of the Issuer Regulations, the Issuer may from time to time, on any Issue Date, issue class A asset-backed fixed rate Notes the terms and conditions of which are set out in the Prospectus (available via www.euroabs.com). The Issuer may also issue from time to time, on any Issue Date, class B asset-backed fixed rate Notes.