LYV · Live Nation Entertainment, Inc. · Debt

(iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the "Series 2026C-1 Notes"),

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

(v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the "Series 2026C-2 Notes")

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

(iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the "Series 2026B-2 Notes"),

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

(i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the "Series 2026A-1 Notes"),

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

(ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the "Series 2026A-2 Notes"),

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

(vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the "Series 2026D-1 Notes"

Issuer evidence: FIRST SUPPLEMENTAL MASTER INDENTURE dated as of May 8, 2026 (as amended and supplemented from time to time, this “First Supplemental Indenture”) by and among Live Nation VenueCo, LLC, a bankruptcy remote, special purpose Delaware limited liability company, as Group Representative (the “Group Representative”), each of the entities listed in Exhibit A hereto, duly organized and validly existing under the laws of the respective jurisdictions specified in Exhibit A, as the initial Members of the Obligated Group described herein (collectively, the “Initial Members”), any additional Members of the Obligated Group becoming a party hereto from time to time in accordance with Article XII of the Master Indenture and Mount Street Mortgage Servicing Limited, a limited liability company incorporated under the laws of England and Wales with registered number 03411668 and which has its registered office at 100 Wood Street, London, United Kingdom, EC2V 7AN, as master trustee for the benefit of the Holders (and any successor or assign, the “Master Trustee”), Mount Street Mortgage Servicing Limited, as master servicer (and any successor or assign, the “Master Servicer”) and HSBC Bank USA, National Association (the “Depository”) and the Dutch Elective Venue Unit.

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,

Supporting evidence: WHEREAS, the Group Representative, on behalf and as representative of the Members as permitted in the Master Indenture, has determined to issue an Obligation under the Master Indenture and hereunder to secure the obligations of the Obligated Group in connection with the issue and sale of (i) €75 million aggregate principal amount of 5.67% Series 2026A-1 Senior Secured Notes due December 31, 2047 (the “Series 2026A-1 Notes”), (ii) €270 million aggregate principal amount of 5.67% Series 2026A-2 Senior Secured Notes due December 31, 2047 (the “Series 2026A-2 Notes”), (iii) €45 million aggregate principal amount of 5.38% Series 2026B-2 Senior Secured Notes due December 31, 2037 (the “Series 2026B-2 Notes”), (iv) €65 million aggregate principal amount of 5.03% Series 2026C-1 Senior Secured Notes due December 31, 2032 (the “Series 2026C-1 Notes”), (v) €80 million aggregate principal amount of 5.03% Series 2026C-2 Senior Secured Notes due December 31, 2032 (the “Series 2026C-2 Notes”) and (vi) €75 million aggregate principal amount of 5.77% Series 2026D-1 Senior Secured Notes due December 31, 2055 (the “Series 2026D-1 Notes” and, together with the Series 2026A-1 Notes, the Series 2026A-2 Notes, the Series 2026B-2 Notes, the Series 2026C-1 Notes and the Series 2026C-2 Notes, the “Notes”) issued by the Group Representative, on behalf and as representative of the Obligated Group, pursuant to the Note Purchase Agreement, dated as of April 30, 2026 (the “Note Purchase Agreement”), by and among the Group Representative, on behalf and as representative of the Obligated Group, HSBC Bank USA, National Association,