EDML Blue 2024 B.V.: 01 November 2024

The Issuer will make payments on the Notes from, among other things, payments of principal and interest received from a portfolio comprising of mortgage loans. The mortgage loans were originated by (i) the Elan Seller (the Elan Mortgage Loans); and (ii) Ember Hypotheken 1 BV, Ember Hypotheken 2 BV and Quion 10 BV (the Blue Mortgage Loans and such originators, the Blue Originators) with both secured over residential properties located in the Netherlands.

The Mortgage Receivables arising from the Elan Mortgage Loans were owned by EDML 2019-1 BV prior to the Closing Date as part of a securitisation transaction concluded on 10 December 2019, and equate to approximately 72.89% of the portfolio (the Elan Mortgage Receivables), and the Mortgage Receivables arising from the Blue Mortgage Loans were owned by Cartesian 2 Warehouse SA prior to the Closing Date as part of a warehouse transaction concluded on 16 April 2024, and equate to approximately 27.11% of the portfolio (the Blue Mortgage Receivables).

The portfolio consists of 1,330 primarily owner-occupied loans (in 3,090 loan parts) where the average principal balance per borrower is Eur271,069 and the largest is for Eur901,1558. Redemption Type (by current balances): interest-only - 57.18%, repayment - 42.82%. Interest Payment Type: fixed - 84.92%, floating - 15.08%. The WA CLTIMV is 49.82% (the WA CLTOMV was 75.99%) and the WA seasoning is 9.1 years. Regional concentration: Noord-Holland - 23.93%, Noord-Brabant - 16.81%, Zuid-Holland - 16.43% and Gelderland - 14.75%.

EU & UK Risk Retention: In accordance with Article 2(4)(b) of Commission Delegated Regulation 2023/2175 and Article 3(4)(b) of Commission Delegated Regulation (EU) 625/2014, the Elan Seller, as originator of the Elan Mortgage Receivables, having contributed more than 50% of the total securitised exposures measured by nominal value at origination, will retain on an ongoing basis a material net economic interest of not less than 5% in the securitisation in accordance with Article 6(1) of the EU Securitisation Regulation and in accordance with Article 6 of the UK Securitisation Regulation. As at the Closing Date, such material net economic interest will be achieved by holding no less than 5% of the nominal value of each of the Classes of Notes sold or transferred to investors.

US Risk Retention Requirements: The Seller, as the sponsor under the US Risk Retention Rules, does not intend to retain at least 5% of the credit risk of the securitised assets for purposes of compliance with the final rules promulgated under Section 15G of the Exchange Act, but rather intends to rely on an exemption provided for in Section .20 of the US Risk Retention Rules regarding non-US transactions that meet certain requirements.

STS: It is intended that a EU STS Notification will be submitted to ESMA and the DNB by the EU Reporting Entity as originator.

Compare/contrast: EDML 2024-1, Candide Financing 2024-1 BV, Jubilee Place 6 BV