NOTICE FROM THE ISSUER BY ELECTRONIC TRANSMISSION OF PASSING OF THE WRITTEN RESOLUTION

To: Noteholders of each Class of Notes (as defined below)

Deutsche Trustee Company Limited (as “Trustee”) Winchester House 1 Great Winchester Street EC2N 2DB United Kingdom Attention: Managing Director – Aurium III Email: [email protected]

Spire Partners LLP (as “Collateral Manager”) 1st Floor 24 Grosvenor Street London W1K 4QN United Kingdom Attention: Philip Bennett-Britton; Oliver Drummond Smith; Ian Kavanagh Email: [email protected]; [email protected]; [email protected] Tel: +44 20 7042 6303; +44 20 7042 6304; +44 20 7042 6306

J.P. Morgan AG (as “Hedge Counterparty”) Taunustor 1 60310 Frankfurt am Main Germany Attention: Legal Department

with a copy to:

J.P. Morgan Securities plc 25 Bank Street London E14 5JP United Kingdom Attention: Legal Department – Derivatives

Moody’s Investors Service, Ltd. (as a “Rating Agency”) One Canary Wharf London E14 5FA United Kingdom Attention: CDO Monitoring Team Facsimile: +44 20 7772 5400 Email: [email protected]

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S&P Global Ratings (as a “Rating Agency”) , 11th Floor Canary Wharf London E14 5LH United Kingdom Attention: European Surveillance (Structured Credit) Fax: +44 20 7176 7565 Email: [email protected]

3 October 2019

AURIUM CLO III DESIGNATED ACTIVITY COMPANY (a designated activity company limited by shares and incorporated under the laws of Ireland with a registered number of 588086 and having its registered office at 32 Molesworth Street, Dublin 2, Ireland)

€220,000,000 Class A Senior Secured Floating Rate Notes due 2030 (the “Class A Notes”) (Regulation S ISIN: Class A CM Voting Notes: XS1582972649 / Class A CM Non-Voting Exchangeable Notes: XS1582972722 / Class A CM Non-Voting Notes: XS1582972995 Rule 144A ISIN: Class A CM Voting Notes: XS1582973027 / Class A CM Non-Voting Exchangeable Notes: XS1582973290 / Class A CM Non-Voting Notes: XS1582973373)

€41,500,000 Class B-1 Senior Secured Floating Rate Notes due 2030 (the “Class B-1 Notes”) (Regulation S ISIN: Class B-1 CM Voting Notes: XS1582974264 / Class B-1 CM Non-Voting Exchangeable Notes: XS1582973456 / Class B-1 CM Non-Voting Notes: XS1582974421 Rule 144A ISIN: Class B-1 CM Voting Notes: XS1582974777 / Class B-1 CM Non-Voting Exchangeable Notes: XS1582974934 / Class B-1 CM Non-Voting Notes: XS1582973530)

€10,000,000 Class B-2 Senior Secured Fixed Rate Notes due 2030 (the “Class B-2 Notes”) (Regulation S ISIN: Class B-2 CM Voting Notes: XS1582973613/ Class B-2 CM Non-Voting Exchangeable Notes: XS1582975238 / Class B-2 CM Non-Voting Notes: XS1582973704 Rule 144A ISIN: Class B-2 CM Voting Notes: XS1582973886 / Class B-2 CM Non-Voting Exchangeable Notes: XS1582975311 / Class B-2 CM Non-Voting Notes: XS1582973969)

€25,500,000 Class C Senior Secured Deferrable Floating Rate Notes due 2030 (the “Class C Notes”) (Regulation S ISIN: Class C CM Voting Notes: XS1582974009 / Class C CM Non-Voting Exchangeable Notes: XS1582975667 / Class C CM Non-Voting Notes: XS1582974181 Rule 144A ISIN: Class C CM Voting Notes: XS1582974348 / Class C CM Non-Voting Exchangeable Notes: XS158297574 1/ Class C CM Non-Voting Notes: XS1582976046)

€18,000,000 Class D Senior Secured Deferrable Floating Rate Notes due 2030 (the “Class D Notes”) (Regulation S ISIN: Class D CM Voting Notes: XS1582974694 / Class D CM Non-Voting Exchangeable Notes: XS1582974850 / Class D CM Non-Voting Notes: XS1582976392

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Rule 144A ISIN: Class D CM Voting Notes: XS1582975071 / Class D CM Non-Voting Exchangeable Notes: XS1582975154 / Class D CM Non-Voting Notes: XS1582976475)

€22,500,000 Class E Senior Secured Deferrable Floating Rate Notes due 2030 (the “Class E Notes”) (Regulation S ISIN: XS1582975402; Rule 144A ISIN: XS1582976558)

€10,500,000 Class F Senior Secured Deferrable Floating Rate Notes due 2030 (the “Class F Notes”) (Regulation S ISIN: XS1582976632; Rule 144A ISIN: XS1582975584)

€39,350,000 Subordinated Notes due 2030 (the “Subordinated Notes”) (Regulation S ISIN: XS1582975824; Rule 144A ISIN: XS1582976129) (together, the “Notes”)

(a) We refer to the trust deed dated 12 May 2017 (the “Trust Deed”) made between, amongst others, ourselves, the Trustee and Spire Partners LLP as collateral manager (the “Collateral Manager”), including the conditions of the Notes set out in Schedule 3 (Conditions of the Notes) to the Trust Deed (the “Conditions”) pursuant to which the Notes were constituted on the terms and subject to the conditions contained therein.

(b) Capitalised terms used and not otherwise defined herein have the meanings given to such terms in the Trust Deed (including the Conditions).

(c) Pursuant to Paragraph 10 (Effect and Publication of a Resolution) of the Schedule 5 (Provisions for Meetings of the Noteholders of each Class) to the Trust Deed, the Issuer hereby notifies each Noteholder, the Collateral Manager, the Hedge Counterparty and each Rating Agency that, on or prior to the date hereof, the Trustee has received, in respect of the Subordinated Notes, one or more signed Written Resolutions (together with satisfactory evidence of holding) from the Noteholders of a total of at least 50 per cent. of the aggregate Principal Amount Outstanding of the Subordinated Notes, approving (among other things):

(i) the terms of the Refinancing of the Class A Notes, the Class B-1 Notes and the Class B-2 Notes due 2030 (the “Relevant Classes of Notes”) in the aggregate principal amounts and with the interest rates, as applicable, in each case not exceeding those set out in the table below:

Class of Principal Interest Rate Notes Amount (€)

3 month EURIBOR (or, if less than zero, such rate shall be €220,000,000 A deemed to be zero) + 0.67 per cent.

3 month EURIBOR (or, if less than zero, such rate shall be €41,500,000 B-1 deemed to be zero) + 1.40 per cent.

B-2 €10,000,000 1.80 per cent.

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(ii) the form of amendments (the “Proposed Amendments”) to the Transaction Documents as more particularly described in the preliminary offering circular published on 26 September 2019 (the “Preliminary Offering Circular”) and any consequential amendments to any of the Transaction Documents to give effect to the terms of the Refinancing subject to (i) such further amendments that the Collateral Manager may see fit to approve in its sole and absolute discretion, (ii) any amendments required by a Rating Agency, and (iii) any amendments to any of the Transaction Documents as are necessary or desirable in order for the Agents and/or the Trustee to comply with applicable law or regulation; and

(iii) the entry of the Trustee and the Issuer into each of the Supplemental Trust Deed, the Novation and Amendment Deed and the Risk Retention Letter, each as defined in and as referred to in the Preliminary Offering Circular, in each case, subject to the amendments referred to in paragraph (ii) above.

(d) Each of clause 26 (Limited Recourse and Non-Petition) and clause 34 (Governing Law and Jurisdiction) of the Trust Deed are incorporated in this notice mutatis mutandis.

(e) No person has been authorised to give information, or to make any representation in connection therewith, other than contained herein. The delivery of this notice at any time does not imply that the information contained within it is correct as at any time subsequent to its date.

This Notice is issued by:

AURIUM CLO III DESIGNATED ACTIVITY COMPANY 32 Molesworth Street Dublin 2 Ireland

Date: 3 October 2019

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