Publication of Offering Circular

RNS Announcement

White ROSE MASTER ISSUER PLC

29 October 2025

Publication of Offering Circular and Amendment and Restatement of the Cash Management Agreement and Incorporate Terms Memorandum

White Rose Master Issue Plc (the "Issuer") is pleased to inform that it has completed the update of its residential mortgage-backed note programme (the "Programme") established on 29 October 2024.

The updated base prospectus in respect of the Programme (the "Base Prospectus") has been approved by the Financial Conduct Authority on 29 October 2025. To view the Base Prospectus, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/3884F_1-2025-10-29.pdf

The Offering Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The Issuer hereby notifies Noteholders in accordance Condition 14 (Notice to Noteholders) that with the consent of the Note Trustee and the Security Trustee it has amended and restated the Cash Management Agreement and the Incorporated Terms Memorandum in order (i) to facilitate the calculation of payments to be made in respect of Notes issued in accordance with the Programme on dates which are not a Payment Date and (ii) to include a number of minor technical changes and corrections to reflect the UK Securitisation Framework becoming applicable to the Programme following the issuance of the Series 2025-1 Class A Notes on 16 September 2025. 

For further information, please email:

[email protected]

Notifying persons:

Wilmington Trust SP Services (London) Limited; and

Ioannis Kyriakopoulos

LEI: 213800JDJYU6B2ILZH33

Wilmington Trust SP Services (London) Limited

Third Floor, 1 King's Arms Yard, London EC2R 7AF

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the relevant Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the relevant Offering Circular is not addressed. Prior to relying on the information contained in the relevant Offering Circular you must ascertain from the relevant Offering Circular whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.