The total proceeds arising out of the subscription of the Notes are Euro 900,059,000 and will be used
by the Issuer on the Issue Date to pay to each Originator the Principal Component of the Purchase
Price of each Portfolio pursuant to the relevant Transfer Agreement (equal to (i) Euro 738,297,087.62
for the BPVi Portfolio and (ii) Euro 161,761,716.21 for the BN Portfolio).