FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 2/12/2025
Issue	¦ Delamare Cards MTN Issuer plc - Series 2023-1 Class A1 GBP 300,000,000 FRN due April 2031
ISIN Number	¦ XS2607547341
ISIN Reference	¦ 260754734
Issue Nomin GBP	¦ 300000000
Period	¦ 1/21/2025 to 2/19/2025						Payment Date 2/19/2025
Number of Days	¦ 29
Rate	¦ 5.45809
Denomination GBP	¦ 1000			¦ 300000000					¦
Amount Payable per Denomination	¦ 4.34			¦ 1300969.4					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

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