Management of the Orphan SPV

To effectively manage an Orphan SPV in a securitization transaction, several key service providers need to be appointed to ensure the SPV's independence and smooth operation. These include:

• Share Trustee: Manages the shares of the SPV, ensuring that they are held independently from the parent company.

• Independent Director(s): Directors who are not connected to the parent company, ensuring unbiased decision-making.

• Company Secretary (if required): Handles administrative tasks and compliance requirements.

• Registered Office Provider: Provides a legal address and manages official correspondence.