EuroMASTR PLC - Notice of Meetings (LIBOR) - Results

EuroMASTR PLC Notice to Noteholders (Libor Transition) - Results

17 SEPTEMBER 2023

Full announcement including disclaimers and offer restrictions available via Euronext

"NOTICE OF SEPARATE ADJOURNED NOTEHOLDER MEETINGS

to the holders of the

£15,600,000 Class D Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576632) (ISIN Code:

XS0305766320) (the "Class D Notes")

£3,900,000 Class E Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576667) (ISIN Code:

XS0305766676) (the "Class E Notes")

The Class D Notes and the Class E Notes are together, the "Notes".

Reference is made to the notice of meetings of the holders of the Class A2 Notes, the Class B Notes, the

Class C Notes, the Class D Notes and the Class E Notes, issued on 13 September 2023 (the "Notice of

Noteholder Meetings").

The meetings of the holders of the Class D Notes and the Class E Notes convened by the Issuer were held at the offices of Fieldfisher LLP at Riverbank House, 2 Swan Lane, London, EC4R 3TT on 12 October 2023 at 10:45 a.m. (London time) and 11:00 a.m. (London time) respectively. Access to the meetings for holders of the Class D Notes and the Class E Notes that wished to attend in person or appoint a proxy (other than the Tabulation Agent) was granted only via a Microsoft Teams video conference meeting that was available from Fieldfisher LLP upon request. The meetings of the holders of the Class D Notes and the Class E Notes were adjourned for want of a quorum.

We note that in relation to the meeting of the holders of the Class A2 Notes, the Class B Notes and the Class C Notes (i) the quorum was reached; and (ii) the related extraordinary resolutions set out in the Notice of Noteholder Meetings previously notified to the holders of the Class A2 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes in accordance with the terms of the Trust Deed were duly passed.

NOTICE IS HEREBY GIVEN to the holders of the Notes (the "Noteholders") that separate adjourned meetings (each an "Adjourned Meeting" and together the "Adjourned Meetings") of the Noteholders of each relevant Class convened by the Issuer will be held at the offices of Fieldfisher LLP at Riverbank House, 2 Swan Lane, London, EC4R 3TT on 16 November 2023 (the "Adjourned Meeting Date") at 10:45 a.m. (London time) in respect of the Class D Notes (the "D Notes Adjourned Meeting") and at 11:00 a.m. (London time) or after the completion of the D Notes Adjourned Meeting (whichever is later) in respect of the Class E Notes (the "E Notes Adjourned Meeting"), access to which for Noteholders that wish to attend virtually or appoint a proxy (other than the Tabulation Agent) will be granted only via a Microsoft Teams video conference meeting ID to be provided by Fieldfisher LLP upon request, for the purpose of considering and, if thought fit, passing the resolutions set out below, which will be proposed as an Extraordinary Resolution at each Adjourned Meeting in accordance with the provisions of the Conditions and the Series Trust Deed dated 18 June 2007 as amended, restated, modified and/or supplemented from time to time (the "Series Trust Deed") made between the Issuer and HSBC Trustee (C.I.) Limited (the "Series Note Trustee") as series note trustee for the Noteholders and constituting the Notes."

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EuroMASTR PLC Notice to Noteholders (Libor Transition)

13 SEPTEMBER 2023

Full announcement including disclaimers and offer restrictions available via Euronext

EUROMASTR PLC

(incorporated with limited liability in England and Wales under number 6135603) (the "Issuer" of the

Series 2007-1V Mortgage Backed Floating Rate Notes issued on 18 June 2007)

NOTICE OF SEPARATE NOTEHOLDER MEETINGS

to the holders of the

£95,250,000 Class A2 Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576306) (ISIN Code:

XS0305763061) (the "Class A2 Notes")

£12,650,000 Class B Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576403) (ISIN Code:

XS0305764036) (the "Class B Notes")

£9,800,000 Class C Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576608) (ISIN Code:

XS0305766080) (the "Class C Notes")

£15,600,000 Class D Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576632) (ISIN Code:

XS0305766320) (the "Class D Notes")

£3,900,000 Class E Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576667) (ISIN Code:

XS0305766676) (the "Class E Notes")

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****PREVIOUS EVENT BELOW****

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EuroMASTR PLC Notice to Noteholders Re Relaunch Solicitation

03 JULY 2023

Full announcement including disclaimers and offer restrictions available via Euronext

£95,250,000 Class A2 Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576306; ISIN Code: XS0305763061) (the "Class A2 Notes")

£12,650,000 Class B Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576403; ISIN Code: XS0305764036) (the "Class B Notes")

£9,800,000 Class C Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576608; ISIN Code: XS0305766080) (the "Class C Notes")

£15,600,000 Class D Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576632; ISIN Code: XS0305766320) (the "Class D Notes")

£3,900,000 Class E Mortgage Backed Floating Rate Notes due 2040 (Common Code: 030576667; ISIN Code: XS0305766676) (the "Class E Notes")

...

"Background

1. Since 31 December 2021, all LIBOR settings ceased to be published, except for the 1, 3 and 6 months settings for which a sterling regulatory synthetic LIBOR rate ("Regulatory Synthetic LIBOR") was being published (but which was unrepresentative and was being published solely for use in legacy transactions for a time-limited period).

2. On 9 February 2022 the UK Financial Conduct Authority ("FCA") confirmed that Regulatory Synthetic LIBOR was a temporary bridge to risk free rates, and its availability was not guaranteed beyond end-2022. For further information, see https://www.fca.org.uk/news/press-releases/finalising-libor-transition-achievements-sterling-markets.

3. On 16 August 2022, the FCA confirmed that it proposed to cease the requirement to continue the publication of the 1- and 6-month Regulatory Synthetic LIBOR at the end of March 2023. For further information, see https://www.fca.org.uk/news/statements/fca-encourages-market-participants-transition-libor-linked-bonds.

4. In November 2022, the FCA announced that it intended to compel the publication of 3-month synthetic sterling LIBOR only until end-March 2024, after which it would cease permanently. The FCA advises market participants who still have contracts referencing 3-month sterling LIBOR to ensure they are prepared for publication of the Regulatory Synthetic LIBOR alternative to cease at that time."

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