The Cayman Islands Stock Exchange hereby admits the following securities to the Official List:

Name of Co-Issuers:

Elmwood CLO 25 Ltd. and Elmwood CLO 25 LLC

Number and Description of Securities issued by the Co-Issuers:

U.S.$310,000,000 Class A-1 Floating Rate Notes due 2037

U.S.$10,000,000 Class A-2 Floating Rate Notes due 2037

U.S.$60,000,000 Class B Floating Rate Notes due 2037

U.S.$30,000,000 Class C Deferrable Floating Rate Notes due 2037

U.S.$30,000,000 Class D Deferrable Floating Rate Notes due 2037

Number and Description of Securities issued solely by the Issuer:

U.S.$20,000,000 Class E Deferrable Floating Rate Notes due 2037

U.S.$5,000,000 Class F Deferrable Floating Rate Notes due 2037

U.S.$40,000,000 Subordinated Notes due 2037

Type of listing:

Specialist debt securities

From:

11:30 a.m. on 6 March 2024