IuteCredit Finance S.à r.l. - Exchange Offer - Launch

01 MARCH 2023

Full announcement available via lutecredit.

to the holders of the

EUR 50,000,000.00 bonds, 2019/2023, with ISIN number XS2033386603

(the “2019/2023 Bonds” and their holders the “2019/2023 Holders”)

to exchange their bonds for the

up to EUR 50,000,000.00 bonds (the “New Bonds”) to be consolidated and form a single series with the EUR 75,000,000.00 bonds, 2021/2026 with ISIN number XS2378483494 (the “Existing Bonds”).

The 2019/2023 Holders are hereby invited to exchange their 2019/2023 Bonds with the New Bonds, under the terms and conditions contained in this exchange offer invitation dated 1 March 2023 (the “Exchange Offer Invitation”).

...

"Preliminary notices

2019/2023 Holders should note the following information:

The board of managers of the Issuer decided to give the 2019/2023 Holders the opportunity to exchange their 2019/2023 Bonds into the New Bonds (the “Exchange Offer”), which will be also offered by way of a public offering to retail investors in Estonia, Latvia, Lithuania and Germany (the “Retail Offering” and together with the Exchange Offer, the “Public Offering”) and by way of an exempt offer exclusively to qualified investors within the meaning within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the “Prospectus Regulation”) and other investors in compliance with Article 1(4) (a) and (b) of the Prospectus Regulation in member states of the European Economic Area (the “Institutional Offering” and together with the Retail Offering, the “Cash Offering” and together with the Exchange Offer the “Offering”), to be consolidated and form a single series with the Existing Bonds."