Mercurius Funding NV/SA: 09 July 2024

Under this SME Loan-Backed Note Programme, Mercurius Funding NV/SA, acting through its compartment Mercurius Master Issuer, may from time to time issue Notes denominated in euro with a minimum denomination per Note of EUR 250,000.

On or about the Programme Closing Date, the Issuer will enter into a SME Receivables Purchase Agreement with the Seller and the Security Agent. Pursuant to the SME Receivables Purchase Agreement, the Seller is entitled to sell and assign and the Issuer is obliged to purchase and accept assignment of SME Receivables that satisfy the Eligibility Criteria on any Business Day before the end of the revolving period, to the extent offered to it, up to the Purchase Available Amount. The SME Receivables consist of any and all rights of the Seller against certain borrowers under SME Loans originated by the Seller.

The Issuer's primary source of funds to make payments on the Notes will be derived from a portfolio comprising SME Loans originated by Belfius Bank SA/NV. The SME Loans can have a variety of characteristics relating to, among other things, calculation of interest and repayment of principal.