National Storage Mechanism | Additional information

Residential Mortgage Backed Securities (RMBS) - October 2022

Shawbrook Bank Limited has today announced the successful completion of its Lanebrook Mortgage Transaction 2022-1, a £346m fully retained securitisation of The Mortgage Lender Limited ('TML') originated loans. The transaction represents the fifth securitisation Shawbrook has completed, following its inaugural SMF 2019-1 transaction in June 2019.

The pool is comprised of 2,452 buy-to-let mortgage loans which were originated by TML and are secured against properties in England, Wales and Scotland. This transaction will provide the Group with an additional layer of funding to support its focused growth ambitions, while helping to further diversify the Group's funding base.

Dylan Minto, Chief Financial Officer commented:

"We are pleased to have successfully completed this transaction as it represents strategic diversification of our funding profile, whist validating the high quality of our asset base. As Shawbrook's fifth securitisation to date, this positions us as a solid repeat issuer in the debt capital markets.

This transaction significantly increases the contingent wholesale funding options available to us and provides evidence that our advanced liability management approach is offering valuable optionality to our business model."

For further information, please contact:

Christopher Such

MD, Structured Funding

[email protected]

For investor enquiries, please contact:

Murray Long

Head of Investor Relations

[email protected]

About Shawbrook - Banking for the real world

Shawbrook is designed to accommodate individuality, diversity and the dynamics of the modern world. We are driven by our purpose, to power up ingenuity to create opportunity, every single day.

Leveraging strong digital capabilities to complement deep human expertise, our 'best of both' proposition is ideally placed to provide personalised finance solutions to those with immediate and often complex needs. We offer a diversified range of practical lending and savings products across three customer franchises to serve consumers, businesses and real estate professionals.

Our advanced digital platform enables us to provide a differentiated proposition to an expanding customer base. Our multi-channel distribution and end-to-end digital capabilities are empowered by our expert talent and partnerships with a range of leading FinTech and data providers to deliver best-in-class customer experiences.

The Group's lending activities are primarily funded by a stable retail deposit book consisting of easy access and ISA accounts, variable rate notice accounts and fixed rate fixed term accounts (mostly one - five years). Shawbrook Bank Limited is an operating entity of Shawbrook Group plc. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the Financial Services Compensation Scheme.

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