Understanding Asset-Backed Credit Linked Notes

A different way to invest in residential property.

Traditionally, investing in real estate means buying a property outright.

The investor becomes responsible for financing, ownership, maintenance, tenant management and eventually selling the asset.

An Asset-Backed CLN separates investment from day-to-day property ownership.

The investor gains exposure to a specific residential property through a structured financial instrument, while Investors' Angels manages the entire operational lifecycle.

The result is a simpler and more transparent investment experience.

Every CLN finances one home.

Each Credit Linked Note issued through the Investors' Angels platform is associated with a single residential property.

That property has already been selected by a customer participating in the Lease-to-Own program.

Before the investment is offered, investors receive detailed information about:

• the property;
• its purchase price;
• its location;
• the expected Lease-to-Own term;
• the projected investment return;
• the customer profile;
• the planned exit strategy.

The property remains the underlying asset.

Throughout the Lease-to-Own program, the residential property remains legally owned by the Investors' Angels operating company.

The customer has the contractual right to purchase the property upon successful completion of the Lease-to-Own Agreement.

Every CLN remains supported by a tangible residential asset from the day the investment begins until the planned exit.

The investment follows a defined lifecycle.

Every Asset-Backed CLN follows the same sequence.

Each stage is known before the investment begins.

Transparency at every stage.

Every investment includes ongoing reporting through the Investor Dashboard.

Investors can monitor:

• current property information;
• customer payment history;
• Purchase Option Balance;
• Customer Commitment Ratio;
• projected investment performance;
• planned investment exit.

This allows investors to follow the progress of each investment throughout its entire lifecycle.

Investment protection.

Every investment benefits from several independent protection mechanisms.

These include:

• ownership of the underlying residential property;
• the customer's Purchase Option Balance;
• Customer Commitment Ratio;
• documented payment history;
• predefined Investment Policy;
• potential property appreciation.

Rather than relying on a single source of protection, the investment structure combines several complementary mechanisms.

When the customer succeeds.

The objective of every Lease-to-Own program is simple: help the customer become a homeowner.

When the customer successfully completes the program, they purchase the property at the agreed purchase price using a mortgage or another approved source of funds.

The proceeds are then used to redeem the related CLN.

The investment concludes exactly as originally planned.

If circumstances change.

Not every financial journey follows the original plan.

If the customer is unable to complete the Lease-to-Own Agreement, Investors' Angels follows a predefined Investment Policy.

Depending on the circumstances, the Company may:

• introduce a new qualified Lease-to-Own customer; or
• sell the property.

The objective is always to maximise investor value while managing the investment transparently and consistently.

Designed for long-term investors.

Asset-Backed CLNs are intended for investors seeking predictable medium- to long-term exposure to residential real estate.

Rather than actively managing tenants, maintenance and resale, investors participate through a professionally managed investment structure.

This allows them to focus on investment performance while Investors' Angels manages the operational complexity.

More than a financial instrument.

Every Asset-Backed CLN finances a real home.

Every home supports a real family.

Every successful investment helps someone move from renting to owning.

Financial performance remains fundamental. But unlike many traditional investments, the outcome creates measurable social value alongside financial returns.

The future of residential investing.

Residential real estate has always been one of the world's most important asset classes.

Technology, structured finance and digital investment platforms are now transforming how people participate in that market.

Asset-Backed Credit Linked Notes combine institutional investment principles with the everyday goal of homeownership.