FRN Variable Rate Fix

As Agent Bank, please be advised of the following rate determined on: 1/14/2025
Issue	¦ Delamare Cards MTN Issuer plc - Series 2023-1 Class A1 GBP 300,000,000 FRN due April 2031
ISIN Number	¦ XS2607547341
ISIN Reference	¦ 260754734
Issue Nomin GBP	¦ 300000000
Period	¦ 12/19/2024 to 1/21/2025						Payment Date 1/21/2025
Number of Days	¦ 33
Rate	¦ 5.50936
Denomination GBP	¦ 1000			¦ 300000000					¦
Amount Payable per Denomination	¦ 4.98			¦ 1492711.17					¦
Bank of New York
Rate Fix Desk	Telephone						¦ 44 1202 689580
Corporate Trust Services		Facsimile					¦ 44 1202 689601

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