Aldermore Group PLC

Incorporated in England and Wales

Registration number 06764335

Date: 16 March 2026

ALDERMORE GROUP PLC ACQUIRES LOAN ASSETS AND ASSOCIATED CAPABILITY FROM OCTANE CAPITAL

Aldermore Group PLC (the "Group" or "Aldermore") today announces it has acquired a portfolio of Bridging Finance Loan assets and associated capability from Octane Capital ("Octane") (the "Transaction"). Octane has a strong track record of originating loans in the Bridging Finance market since 2017.

The Transaction, comprising a £465 million loan portfolio, has been funded from Aldermore's existing internal cash resources in the ordinary course of business. This step strengthens Aldermore's specialist lending proposition in growing adjacent lending products, meeting the Group's stated strategy and value creation objectives.

Ross Dalzell, Managing Director of Property at Aldermore, commented:

"We are acquiring a high-quality loan portfolio and associated capabilities. This will enable the group to further grow its client base by offering specialist Bridging Finance capabilities. The strength of Aldermore's balance sheet will allow the group to access higher-quality and better-margin opportunities within this niche sector, delivering attractive risk-adjusted returns."

Transaction advisor

Rand Merchant Bank, a division of FirstRand Bank Limited

FURTHER INFORMATION

For further information, please contact:

Joseph Godsmark

Head of Debt Capital Markets and Capital Management

E-mail: [email protected]

Telephone: +44 7789 264250

Aldermore Group

Aldermore backs more people to go for it, in life and business. We champion equality by supporting and getting finance to the people who want to get on in life; building businesses, buying property, and purchasing vehicles. The Group consists of two operating companies, Aldermore Bank plc and MotoNovo Finance Limited. Aldermore Bank provides finance to business owners, homeowners, and landlords, and supports savers. It operates exclusively online, by phone and through networks. MotoNovo Finance helps people buy their next car, van, or motorcycle. Aldermore Group is part of FirstRand Group, one of the largest financial services groups in Africa by market capitalisation.

For more information, please visit aldermore.co.uk / motonovofinance.com

Follow us on X: @AldermoreBank @AldermoreNews @motonovofinance

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Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial

Conduct Authority and the Prudential Regulation Authority. (Financial services register number: 204503).

Registered office: Apex Plaza, Forbury Road, Reading, RG1 1AX. Registered in England. Company no. 947662. MotoNovo Finance Limited is authorised and regulated by the Financial Conduct Authority.