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Verdure R2bn Asset-Backed Securities Programme, Applicable Transaction Supplement and Availability of of Information
Verdure Finance (RF) Limited
(Formerly Verdure Finance Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2025/486225/06)
Issuer code: VDFI
("Verdure" or the "Issuer")
VERDURE'S R2 BILLION ASSET-BACKED SECURITIES PROGRAMME, PUBLICATION OF
APPLICABLE TRANSACTION SUPPLEMENT AND AVAILABILITY OF INFORMATION
Verdure hereby advises that on 8 October 2025, it established and registered, with the JSE Limited
("JSE"), a ZAR2,000,000,000 Asset-Backed Securities Programme ("Programme") pursuant to a
programme memorandum dated 6 October 2025 ("Programme Memorandum"), in terms of which
Verdure may, from time to time, issue limited recourse, secured, registered notes ("Notes") on the
terms and conditions contained in the Programme Memorandum ("Terms and Conditions").
A copy of the Programme Memorandum and the accompanying separate information statement,
incorporated by reference into the Programme Memorandum, are available for inspection at the Issuer's
registered office and on the Issuer's website: https://verdurefund.com/investor-relations/.
Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the
same meanings ascribed thereto in the Terms and Conditions.
PUBLICATION OF APPLICABLE TRANSACTION SUPPLEMENT IN RELATION TO
TRANSACTION 1
Under the Programme, the Issuer may establish one or more Transactions by signing an Applicable
Transaction Supplement in respect of each relevant Transaction. Each Transaction comprises
collectively the distinct series of contracts and arrangements entered into by the Issuer in connection
with the issue of one or more Tranches of Notes and the acquisition of and/or investment in one or more
Participating Assets.
In this regard, Verdure advises that it has received approval from the JSE in respect of its Applicable
Transaction Supplement in relation to Transaction 1 dated 31 October 2025 ("ATS").
The ATS is available for inspection at the Issuer's registered office and on the Issuer's website:
https://verdurefund.com/investor-relations/.
AVAILABILITY OF INFORMATION RELATING TO PARTICIPATING ASSETS IN TRANSACTION 1
Information pertaining to the Participating Assets in Transaction 1 is accessible on the Issuer's website:
https://verdurefund.com/investor-relations/ and the name and financial information of the Credit
Receiver in respect of each Participating Asset that accounts for 10% or more of the total value of the
Participating Assets has been uploaded onto the virtual data room maintained by the Issuer and made
available to the Noteholders ("VDR"), under the folder titled "Note Issuance Transaction 1".
For access to the VDR, please contact Jeanelle Botha at InvestorRelations@verdurefund.com or
jeanelle@verdurefund.com.
Further information pertaining to the Tranche of Notes to be issued in relation to Transaction 1 will be
published in due course.
Johannesburg
31 October 2025
Arranger Debt Sponsor Attorneys to the Issuer
Kendal Investment Partners Questco Proprietary Werksmans Incorporated
Proprietary Limited Limited
Date: 31-10-2025 03:43:00
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