Notice to Noteholders

Summary by AI ^BETAClose X

Pavillion Mortgages 2022-1 PLC has announced the mandatory redemption of all outstanding Notes and Certificates on April 27, 2026, following the exercise of the Portfolio Purchase Option. This redemption will be at the Principal Amount Outstanding plus accrued interest. The total principal amounts outstanding across the various note classes are £431,193,000 for Class A, £21,187,000 for Class B, £20,438,000 for Class C, £20,189,000 for Class D, £5,483,000 for Class E, and £12,462,000 for Class R. The announcement also references 100 Class X and 100 Class Y Certificates.

Disclaimer*

Pavillion Mortgages 2022-1 PLC

16 April 2026

NOTICE TO THE HOLDERS OF THE OUTSTANDING NOTES

PAVILLION MORTGAGES 2022-1 PLC

(the Issuer)

£431,193,000 Class A Mortgage Backed Floating Rate Notes due October 2065 (the Class A Notes) (ISIN: XS2554836507, Common Code: 255483650)

£21,187,000 Class B Mortgage Backed Floating Rate Notes due October 2065 (the Class B Notes) (ISIN: XS2554836762, Common Code: 255483676)

£20,438,000 Class C Mortgage Backed Floating Rate Notes due October 2065 (the Class C Notes) (ISIN: XS2554837570, Common Code: 255483757)

£20,189,000 Class D Mortgage Backed Floating Rate Notes due October 2065 (the Class D Notes) (ISIN: XS2554837653, Common Code: 255483765)

£5,483,000 Class E Mortgage Backed Floating Rate Notes due October 2065 (the Class E Notes) (ISIN: XS2554837737, Common Code: 255483773)

£12,462,000 Class R Floating Rate Notes due October 2065 (the Class R Notes) (ISIN: XS2554839279, Common Code: 255483927)

(together, the Notes)

100 Class X Certificates (ISIN: XS2554841846, Common Code: 255484184)

and

100 Class Y Certificates (ISIN: XS2554842497, Common Code: 255484249),

(together, the Certificates)

The Notes are admitted to the Official List and to the London Stock Exchange plc and to trading on its regulated market.

This announcement may contain inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014, including the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European (Withdrawal) act 2018 (as amended).

Capitalised terms used, but not defined herein, shall have the meaning given thereto in the Prospectus dated 14 December 2022 in relation to the issue and offering of the Notes.

NOTICE IS HEREBY GIVEN that the Portfolio Option Holder has exercised the Portfolio Purchase Option and the Issuer will redeem all the Notes and Certificates at their then Principal Amount Outstanding together with accrued (and unpaid) interest on 27 April 2026, pursuant to Condition 7.4 (Mandatory Redemption in full pursuant to the exercise of the Portfolio Purchase Option).

This notice is given by:

PAVILLION MORTGAGES 2022-1 PLC

Address: 10th Floor 5 Churchill Place, London, England, E14 5HU

Dated 16 April 2026

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