Common use of Fixed Asset Investments Clause in Contracts

Fixed Asset Investments. Current Assets New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- 0 -------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ==================== 0 ==================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 activities before tax Taxation Profit/loss on ordinary 0 0 activities after tax Retained profit brought 0 0 forward Retained profit for the 0 0 year Granite Finance Funding Limited Balance Sheet Period Ended (GBP) 000's (GBP) 000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- 0 --------------------- Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ---------------------- Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- 0 ====================== Diff 0

Fixed Asset Investments. Current Assets New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- ------------------- 0 -------------------- ------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ==================== 0 ==================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 activities before tax Taxation Profit/loss on ordinary 0 0 activities after tax Retained profit brought forward 0 0 forward Retained profit for the year 0 0 year Granite Finance Funding Limited Balance Sheet Period Ended (GBP) 000's (GBP) 000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- ------------------- 0 --------------------- ------------------- Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ---------------------- -------------- Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- -------------- 0 ====================== Diff 0

Fixed Asset Investments. Current Assets New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- -------------------------- 0 -------------------- -------------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ========================== 0 ========================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 activities before tax Taxation Profit/loss on ordinary 0 0 activities after tax Retained profit brought 0 0 forward Retained profit for the 0 0 year Granite Finance Funding Limited Balance Sheet Period Ended (GBP) 000's (GBP) 000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- 0 --------------------- Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ---------------------- Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- 0 ====================== Diff 0

Fixed Asset Investments. Current Assets New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- --------------------- 0 -------------------- --------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ===================== 0 ===================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 ordinary activities before tax Taxation Profit/loss on ordinary 0 0 ordinary activities after tax Retained profit brought 0 0 brought forward Retained profit for the 0 0 the year Granite Finance Funding Limited Balance Sheet Period Ended (GBP) 000's (GBP) 000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- ------------------ 0 --------------------- ------------------ Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ---------------------- ------------------ Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- ------------------ 0 ====================== Diff 0

Fixed Asset Investments. Current Assets 0 New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- 0 -------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ==================== 0 ==================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account 4‌ Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's £ £ Interest Receivable - – Mortgages Interest Receivable - Cash/ Authorised Investments – Cash Deposits 0 0 Interest Payable - – Intercompany Loan Interest Payable 0 0 Net Operating Income 0 0 Other Income Insurance Commission Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 activities before tax 0 0 Taxation Profit/loss on ordinary 0 0 activities after tax 0 0 Retained profit brought forward 0 0 forward Retained profit for the Operating Expenses 0 0 year Granite Finance Period ended [⚫] Balance on cash accumulation ledger Xxx Available credit enhancement First Reserve Second Reserve Funding Limited Balance Sheet Period Ended Reserve Reserve funds at closing 0 0 0 Initial closing reserve funds 0 0 0 Transfers from revenue receipts 0 0 0 Closing reserve balance 0 0 0 Target reserve funds 0 0 0 Principal deficiency ledger AAA AA A BBB NR Funding Loan Opening PDL balance Losses this quarter PDL top up from revenue Nil - Nil - Nil - Nil - Nil - Nil - income - - - - - - Closing PDL balance Xxx Xxx Xxx Xxx Xxx Xxx [⚫] start up loan Closing balance 0 0 0 SCHEDULE 5 PANEL BANK GUIDELINES‌ These Panel Bank Guidelines may be modified from time to time by the Cash Manager provided that (GBPi) 000's any modifications to the Panel Bank Guidelines are notified in advance to the Rating Agencies, Account Bank A and the Security Trustee, (GBPii) 000's Fixed Asset Investments Beneficial Interest the Rating Agencies have confirmed in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure writing that the then current ratings of the Rated Notes would not be adversely affected by such modification and (costs iii) such modification does not have any adverse effect on the security in respect of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- 0 --------------------- Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specify) 0 ---------------------- Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- 0 ====================== Diff 0the Notes:

Fixed Asset Investments. Current Assets New Mortgage Loans 0 Interest Receivable 0 Other debtors 0 Cash at Bank 0 -------------------- --------------------- 0 -------------------- --------------------- Creditors: Amounts falling due within one year Accruals 0 Interest Payable Accrual 0 Taxation 0 ===================== 0 ===================== Net current assets 0 ========================= Total Assets less current liabilities 0 ========================= Share Capital 0 Reserves 0 ========================= 0 ========================= Diff 0 SCHEDULE 3B Form of Funding Quarterly Report Granite Finance Funding Limited Profit & Loss Account Period Ended This Quarter Prior Quarter (GBP) 000's (GBP) 000's Interest Receivable - Mortgages Interest Receivable - Cash/ Authorised Investments 0 0 Interest Payable - Intercompany Loan Interest Payable 0 0 Other Income Operating Expenses Deferred Consideration Profit/loss on ordinary 0 0 ordinary activities before tax Taxation Profit/loss on ordinary 0 0 ordinary activities after tax Retained profit brought 0 0 brought forward Retained profit for the 0 0 the year Granite Finance Funding Limited Balance Sheet Period Ended (GBP) 000GBP)000's (GBP) 000GBP)000's Fixed Asset Investments Beneficial Interest in Mortgage Portfolio 0 Current Assets Interest Receivable 0 Deferred Expenditure (costs of Securing) 0 Other debtors 0 Cash at Bank 0 Creditors: Amounts falling due within one year Accruals 0 Deferred Consideration Creditor 0 Interest Payable Accrual 0 Taxation 0 --------------------- ---------------- 0 --------------------- ---------------- Net current assets 0 Creditors: Amounts falling due after one year Intercompany Loan 0 Start-up Loan(s) (specifyLoan(s)(specify) 0 ---------------------- ----------- Total Assets less current liabilities 0 ====================== Share Capital 0 Reserves 0 ---------------------- ----------- 0 ====================== Diff 0