Notice to Noteholders

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 Issuer understands that the current expectation of the Portfolio Option Holder is that it will exercise the Portfolio Purchase Option which will result in the Notes being redeemed (and the Certificates cancelled) on the Payment Date falling in April 2026.

There can be no certainty as to whether the Portfolio Option Holder will exercise the Portfolio Purchase Option. The Portfolio Option Holder's current expectations are subject to change and should not be construed as notice to exercise any rights in respect of such Portfolio Purchase Option (which notice may or may not be given).

This notice is given by:

PAVILLION MORTGAGES 2022-1 PLC

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

Dated 14 April 2026