23-October-2025

Issue: VCL Master S.A. Compartment 1

Series 2012-3 Class A Notes

XS0857705866

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 27-October-2025

Date To: 25-November-2025

Record Date: 24-November-2025

Value Date: 25-November-2025

Benchmark Rate: 1.87%

Margin: 0.55%

Total Rate: 2.42%

Number of Days: 29

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

EUR 364,546.11

Interest Per 1K: EUR 1.94944444

Pool Factor: 1

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