Transfer of Engagements

Summary by AI ^BETAClose X

Stonewater Funding PLC has announced two transfers of engagements, effective April 27, 2026, which are considered Permitted Re-organisations under its outstanding Bonds. Porthove Housing Association Limited, with 44 properties, and The Rotary Club of Hove Community Housing Society Limited, with 53 properties, have both transferred their engagements to Stonewater (5) Limited, a borrower under the Bond structure. Stonewater Limited will continue as the parent of the Stonewater Group. The company has outstanding debt including £250,000,000 1.625 per cent. Secured Sustainability Notes due 2036, £200,000,000 5.034 per cent. Secured Bonds due 2042, and £250,000,000 3.375 per cent. Secured Bonds due 2045.

Disclaimer*

Stonewater Funding PLC

27 April 2026

RNS Number: XXXX

Stonewater Funding PLC

27 April 2026

Stonewater Group

Porthove Housing Association Limited

The Rotary Club of Hove Community Housing Society Limited

Transfer of Engagements

Stonewater Funding PLC

£250,000,000 1.625 per cent. Secured Sustainability Notes due 2036

£200,000,000 5.034 per cent. Secured Bonds due 2042

£250,000,000 3.375 per cent. Secured Bonds due 2045 (together, the Bonds)

Notice is hereby given to the holders of the Bonds that, effective 27 April 2026, Porthove Housing Association Limited ("PHA"), with 44 properties in the Brighton and Hove area, has transferred its engagements to Stonewater (5) Limited (a Borrower under the Bond structure), pursuant to section 110 of the Co-operative and Community Benefit Societies Act 2014. This transfer of engagements falls within the definition of a Permitted Re-organisation under the Bonds.

Furthermore, notice is hereby given to the holders of the Bonds that, effective 27 April 2026, The Rotary Club of Hove Community Housing Society Limited ("The Society"), with 53 properties in Hove, has transferred its engagements to Stonewater (5) Limited (a Borrower under the Bond structure), pursuant to section 110 of the Co-operative and Community Benefit Societies Act 2014. This transfer of engagements falls within the definition of a Permitted Re-organisation under the Bonds.

Stonewater Limited will remain the parent of the Stonewater Group.

For further information, please contact:

Jonathan Layzell Telephone: +44 1202 319119

Stonewater Group Email: investor.relations@stonewater.org

Suite C, Lancaster House

Grange Business Park

Enderby Road

Whetstone

Leicester, LE8 6EP

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