Bumper 6 (NL) Finance B.V.

Transcription

1 Monthly Investor Report - September 2017 Amortising Period Reporting Date: 14 September 2017 Leaseplan Nederland N.V. P.J. Oudweg CH Almere (The Netherlands) Tel: +31 (0) Bumper.IR@leaseplancorp.com Web: Intertrust Group Prins Bernhardplein JB Amsterdam The Netherlands securitisation@intertrustgroup.com

2 Table Contents Page General Information & Key Dates 3 Notes Information 4 Counterparty Credit Ratings 5 Trigger Events 5 Liquidity Reserve Ledger 6 Set-Off Reserve Ledger 6 Maintenance Reserve Ledger 6 Commingling Reserve Ledger 7 Reserve Loan Interest 7 Development Pool within Collection Period 8 Available Distribution Amount 9 Amortisation Priority Payments 10 Swap Information 11 Delinquency Prile 12 Defaulted Lease 13 Sales Proceeds 15 Replenishment Criteria 17 Revolving Period Termination Events 18 Amortisation Schedule 19 Stratification Tables 21 Contact Information 28 The defined terms used in the monthly report shall, by reference, incorporate the defined terms set out generally in the Prospectus and more specifically in the Glossary Certain Defined Terms in the Prospectus Page 2/28

3 General Information & Key Dates Note Class Class A Class B Subordinated Loan General information Issuer Bumper 6 (NL) Finance B.V. Bumper 6 (NL) Finance B.V. ISIN Code XS XS Common code Stock Exchange Listing(s) Euronext Exchange Euronext Exchange Currency Euro Euro Euro Number Notes 5, N/A Original Credit Rating(s) (S&P/Moody's/DBRS) Current Credit Ratings(s) (S&P/Moody's/DBRS) AAA (sf)/aaa (sf)/aaa (sf) AAA (sf)/aa2 (sf)/aa (h) (sf) N/A AAA (sf)/aaa (sf)/aaa (sf) AAA (sf)/aaa (sf)/aa (h) (sf) N/A Key Dates Closing Date 12 Nov Nov Nov 2014 Legal Maturity Date 19 Mar Mar Mar 2029 Portfolio Date 31 Aug Aug Aug 2017 Reporting Date 14 Sep Sep Sep 2017 Interest Payment Date 19 Sep Sep Sep 2017 Current Reporting Period 1 Aug Aug Aug Aug Aug Aug 2017 Accrual Start Date 21 Aug Aug Aug 2017 Accrual End Date 19 Sep Sep Sep 2017 Accrual Period (in days) Fixing Date Reference Rate 17 Aug Aug 2017 The Class A and B Notes are placed with public investors, which are not in the Originator Group Page 3/28

4 Notes Information Note Class Class A Class B Subordinated Loan Principal information Original Principal 501,000, ,000, ,999, Original per Note 100, , N/A Principal before Payment 97,211, ,000, ,999, Total Principal Payments 15,986, Principal after Payment 81,224, ,000, ,999, Principal per Note before Payment 19, , N/A Principal Payments per Note 3, after Payment per Note 16, , N/A Interest information Reference Rate Euribor1M Euribor1M Fixed Coupon Reference Rate (in %) N/A Margin (in %) N/A Current Coupon (in %) Day Count Convention act/360 act/360 30/360 Total Interest Amount due 6, , , Interest Amount due per Note Total Unpaid Interest Amount in Period Total Cumulative Unpaid Interest Amount Total Principal + Interest Payments 15,992, , , Credit Enhancement at closing ADB at Closing 714,999, ,999, Through minimum Liquidity Reserve 3,500, as a % total ADB 0.49 Through Subordination 213,999, ,999, as a % total ADB Current Credit Enhancement ADB at Current 295,224, ,224, Through minimum Liquidity Reserve 3,500, as a % total ADB 1.19 Through Subordination 213,999, ,999, as a % total ADB LeasePlan in its capacity as originator has undertaken to retain, on an on-going basis, a material net economic interest not less than 5% in the Bumper 6 transaction in accordance with Article 405 the CRR and Article 51 the AIFMR Page 4/28

5 Counterparty Credit Ratings Counterparty Credit Ratings S&P Moody's DBRS Role Party Short Term Long Term Short Term Long Term Short Term Long Term Account Bank ABN AMRO Bank N.V. A-1 A P1 A1 R-1 (m) A (high) Swap Counterparty ABN AMRO Bank N.V. A-1 A P1 A1 R-1 (m) A (high) Arranger LeasePlan Corporation N.V. A-3 BBB- P2 Baa1 N/A N/A Subordinated Loan Provider LeasePlan Nederland N.V. N/A N/A N/A N/A N/A N/A Trigger Events Reserve Trigger Event With Respect to Set-Off Reserve Ledger Reserve Trigger Event with Respect to Maintenance Reserve Ledger Reserve Trigger Event with Respect to Commingling Reserve Ledger Twice Weekly Sweep Implemented (Commingling Reserve) True True True False Appointment Trigger Event occurred and is continuing Insolvency Event with respect to LPNL occurred False False Page 5/28

6 Liquidity Reserve Ledger % Notes Value Liquidity Reserve Ledger Beginning Period 0.75 % 3,500, Required Liquidity Reserve Amount 0.75 % 3,500, Amount Credited to the Liquidity Reserve Ledger in Period 0.75 % 3,500, Amount withdrawn from the Liquidity Reserve Ledger in Period 0.75 % 3,500, Liquidity Reserve Ledger end Period 0.75 % 3,500, Liquidity Reserve Advance repayment principal 0.00 Set-Off Reserve Ledger % Notes Value Set-Off Reserve Ledger at Beginning Period 1.48 % 4,380, Required Set-Off Reserve Amount 1.48 % 4,384, Amount credited to the Set-Off Reserve Ledger in Period 0.00 % 3, Amount debited from the Set-Off Reserve Ledger 0.00 % 0.00 Excess Amount the Set-Off Reserve Ledger 0.00 % 0.00 Set-Off Reserve Ledger at the End Period 4,384, Value Fixed Component 3,350, Deposits 806, Open Calculation Settlement 227, Required Set-Off Reserve Amount 4,384, Maintenance Reserve Ledger % Notes Value Required Maintenance Reserve Ledger at Beginning Period 7.26 % 21,425, Required Maintenance Reserve Amount 7.18 % 21,205, Amount credited to the Required Maintenance Reserve Ledger in Period 0.00 % 0.00 Amount debited from the Maintenance Reserve Ledger 0.00 % 0.00 Excess Amount the Maintenance Reserve Ledger 0.07 % 219, Maintenance Reserve Ledger at the End Period 21,205, Value the Maintenance Settlement Ledger 21,205, Required Maintenance Reserve Amount 21,205, % the Aggregate 2,952, Page 6/28

7 Commingling Reserve Ledger % Notes Value Commingling Reserve Ledger at Beginning Period 8.99 % 26,547, Required Commingling Reserve Amount 8.50 % 25,090, Amount credited to the Commingling Reserve Ledger in Period 0.00 % 0.00 Amount debited from the Commingling Reserve Ledger 0.00 % 0.00 Excess Amount the Commingling Reserve Ledger 0.49 % 1,457, Commingling Reserve at the End Period 25,090, Value Lease Interest Collections scheduled to be received 825, Lease Principal Collections scheduled to be received 6,749, Multiplier 1.82 Required Commingling Reserve Amount 25,090, Highest Aggregate Repurchase Price scheduled to be received in any Collection Period 9,043, Multiplier (2) 1.25 Reserve Loan Interest Value Total Reserve at Beginning Period 55,853, Day Count Convention 30/360 Days Accrued 28 Interest Type Base Rate Margin Fixed N/A N/A Current Coupon % Reserve Loan Interest 84, Page 7/28

8 Development Pool within Collection Period Aggregate at Beginning Collection Period 311,211, Cash-Flow related items (A-E) A. Lease Collections Lease Principal Collections received in Collection Period 7,823, Lease Interest Collections received in Collection Period 926, Lease Service Collections received in Collection Period 8,869, Lease VAT Collections received in Collection Period 3,655, Total Collections, including Lease Servicing Collections 21,275, Senior Maintenance Coordinator Fee 8,869, B Repurchase / Call Option exercise Repurchase due to Breach Eligibility Criteria 7,212, Repurchase due to Breach Replenishment Criteria 0.00 Call Option Exercise due to Lease Agreement Early Termination 1,274, Call Option Exercise due to Lease Agreement Maturity 564, Call Option Exercise due to Lease Agreement Silent Extension 106, Total Repurchase/Call Option excercise Price 9,156, C Deemed Collections Any amounts incurred, paid or discharged by a Lessee on behalf LPNL that reduce the amount due by the Lessee to LPNL 0.00 An amount unpaid under a if non-payment was caused by reasons other than circumstances relating exclusively to credit risk 0.00 Total Deemed Collections 0.00 D Recoveries Vehicle Realisation Proceeds (less the realisation Agent Fee) 37, Cash Recoveries on Defaulted Lease received in Collection Period 10, Total Recoveries 47, E Other Change (increase) in due to Recalculation ("Purchase Instalment Increase Amount") 0.00 Change (decrease) in due to Recalculation ("Purchase Instalment Decrease Amount") 84, Vehicle Realisation Proceeds ( non defaulted Lease ) 0.00 Net RV Guarantee Payments 0.00 Net RV Guarantee Receipts 0.00 Non Cash-Flow related items Defaulted Lease (which defaulted in the Collection Period) 8, Aggregate at End Collection Period (before replenishment) 295,224, Replenished Portfolio 0.00 Aggregate (after replenishment) 295,224, Page 8/28

9 Available Distribution Amount Available Distribution Amount (i) any Lease Collections, minus amounts to be credited to the Maintenance Surplus Reserve Ledger; 17,629, (ii) any Deemed Collections; 0.00 (iii) any amount interest paid or principal repaid, other than by way set-f, under the Issuer Facility Agreement; 84, (iv) any Vehicle Realisation Proceeds; 9,194, (v) any Net RV Guarantee Receipts; 0.00 (vi) any Lease Incidental Shortfall payments received from LPNL; 0.00 (vii) any Required Subordinated Increase Amount drawn under the Subordinated Loan Agreement in respect the immediately succeeding Payment Date; 0.00 (viii) any interest accrued on the Transaction Account; 0.00 (ix) any Net Swap Receipts under the Swap Agreement (excluding amounts credited to the Swap Collateral Account but including amounts received from the Swap Collateral Account to form part the Available Distribution Amounts as Net Swap Receipts), as well as any termination amount paid to the Issuer in relation to the Swap Agreement if applicable; 0.00 (x) any sum standing to the credit the Replenishment Ledger on the immediately succeeding Payment Date; 0.00 (xi) any sum standing to the credit the Liquidity Reserve Ledger on the immediately succeeding Payment Date; 3,500, (xii) any amount to be debited from the Lease Incidental Surplus Reserve Ledger on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and in accordance with the relevant mechanics the Lease Incidental Surplus Reserve Ledger; 0.00 (xiii) any amount to be debited from the Commingling Reserve Ledger on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and in accordance with the relevant mechanics the Commingling Reserve Ledger; 0.00 (xiv) any amount to be debited from the Maintenance Reserve Ledger on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and in accordance with the relevant mechanics the Maintenance Reserve Ledger; 0.00 (xv) any amount to be debited from the Set-Off Reserve Ledger to the extent available on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and accordance with the relevant mechanics the Set-Off Reserve Ledger; 0.00 (xvi) any Maintenance Surplus to be debited from the Maintenance Surplus Reserve Ledger on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and in accordance with the relevant mechanics the Maintenance Surplus Reserve Ledger; and 0.00 (xvii) any amount to be debited from the Swap Replacement Ledger on the immediately succeeding Payment Date to form part the Available Distribution Amounts subject to and in accordance with the relevant mechanics the Swap Replacement Ledger Total Available Distribution Amount 30,409, Page 9/28

10 Amortisation Priority Payments Total Available Distribution Amount 30,409, (a) first, in or towards satisfaction any taxes due and payable by the Issuer, other than corporation tax on the Issuer's retained prit (see item (e) (ii) below); 0.00 (b) second, until the earlier (i) the occurrence an LPNL Event Default and (ii) the appointment LPNL as Maintenance Coordinator being terminated, in or towards satisfaction the Senior Maintenance Coordinator Fee to the Maintenance Coordinator; 8,869, (c) third, in or towards satisfaction pari passu and pro rata any Ordinary Expenses and Extraordinary Expenses (other than those paid elsewhere pursuant to or outside the Normal Amortisation Period Priority Payments); 59, (d) fourth, in or towards satisfaction pari passu and pro rata (i) until the occurrence an LPNL Event Default any Net RV Guarantee Payments due to the RV Guarantee Provider and any Lease Incidental Surplus due to the Seller and (ii) following an LPNL Event Default any (x) Lease Incidental Debt due to the relevant Lessee and (y) any Net RV Guarantee Payments and any Lease Incidental Surplus to be credited to the Lease Incidental Surplus Reserve Ledger; 0.00 (e) fifth, in or towards satisfaction pari passu and pro rata (i) to the extent not paid from the Swap Collateral Account, any Net Swap Payments, if any, due and payable by the Issuer to the Swap Counterparty, and (ii) the Issuer Prit Amount in as far as necessary at such time; 42, (f) sixth, in or towards satisfaction the amounts interest accrued but unpaid in respect the Class A Notes; 6, (g) seventh, in or towards satisfaction the amounts interest accrued but unpaid in respect the Class B Notes; 8, (h) eighth, in or towards satisfaction any sums to replenish the Liquidity Reserve Ledger up to the Required Liquidity Reserve Amount; 3,500, (i) ninth, in or towards disbursement any Issuer Increase Advance pursuant to the terms the Issuer Facility Agreement; 0.00 (j) tenth, in or towards satisfaction principal amounts due on the Class A Notes, up to the Required Principal Redemption Amount; 15,986, (k) eleventh, subject to the Class A Notes being redeemed in full, in or towards satisfaction principal amounts due on the Class B Notes, up to the Required Principal Redemption Amount less amounts paid under (j) above; 0.00 (l) twelfth, in or towards satisfaction pari passu and pro rata the amounts interest due and payable in respect any Subordinated Loan Advance outstanding in accordance with the Subordinated Loan Agreement; 269, (m) thirteenth, in or towards satisfaction pari passu and pro rata the amounts interest due and payable in respect any Reserve Advance outstanding in accordance with the Reserves Funding Agreement; 84, (n) fourteenth, in or towards satisfaction pari passu and pro rata the amounts principal due and payable in respect any Subordinated Loan Advance outstanding in accordance with the Subordinated Loan Agreement; 0.00 (o) fifteenth, in or towards satisfaction pari passu and pro rata the amounts principal due and payable in respect any Reserve Advance outstanding in accordance with the Reserves Funding Agreement; 0.00 (p) sixteenth, to the extent not paid from the Swap Collateral Account, in or towards satisfaction the Subordinated Swap Amount (if any) payable by the Issuer to the Swap Counterparty under the terms the Swap Agreement; and 0.00 (q) seventeenth, (i) provided that each Required Reserve Amount has been credited to the relevant Trigger Reserve Ledger or the Notes have been redeemed in full in accordance with the Conditions, in or towards satisfaction any Variable Success Fee to the Seller, or otherwise (ii) to be withheld at the Transaction Account with a corresponding credit to the Collection Ledger. 1,581, Page 10/28

11 Swap Information Interest Rate Swap Original Swap Notional Amount (Outstanding Amount Notes at Closing) 537,000, Current Swap Notional Amount (Outstanding Amount Notes before principal repayment) 133,211, Fixed Interest Rate % Floating Interest Rate % Paying Leg (Fixed) Swap 2, Receiving Leg (Floating) Swap -39, Net Swap Receipts 0.00 Net Swap Payments 42, Page 11/28

12 Delinquency Prile Delinquencies Delinquency Level Number Vehicles relating to Outstanding Invoices Amount Invoices Outstanding Oustanding Receivables divided by Aggregate Aggregate Lease Receivables Aggregate Residual Value Total Aggregate (%) Performing 19, % 110,580, ,928, ,509, % <= 30 days , % 4,748, ,892, ,641, % days 22 19, % 84, , , % days 31 28, % 298, , , % > 90 days 11 25, % 82, , , % Total 20, , % 115,795, ,429, ,224, % Page 12/28

13 Defaulted Lease Defaults Collection Period Number Defaulted Lease Defaulted in Collection Period Aggregate Defaulted Initial or Additional Portfolio at the respective Cut-Off Date the Initial or Additional Portfolio Sum the Aggregate the Initial Portfolio and the Aggregate any Additional Portfolio as calculated as the relevant Cut- Off Date in relation to a Purchased Vehicle Cumulative Default Ratio % , , ,999, ,999, % , , ,284, ,284, % , , ,440, ,724, % , , ,582, ,307, % , , ,554, ,862, % , , ,411, ,273, % , ,268, ,394, ,668, % , ,438, ,447, ,115, % , ,681, ,593, ,709, % , ,805, ,449, ,158, % , ,188, ,318, ,477, % , ,304, ,501, ,978, % , ,675, ,029, ,007, % , ,865, ,007, % , ,102, ,007, % , ,337, ,007, % , ,592, ,007, % , ,538, ,007, % , ,735, ,007, % , ,925, ,007, % , ,199, ,007, % , ,377, ,007, % , ,439, ,007, % , ,628, ,007, % , ,737, ,007, % , ,739, ,007, % , ,800, ,007, % , ,871, ,007, % , ,519, ,007, % , ,550, ,007, % , ,623, ,007, % , ,656, ,007, % , ,718, ,007, % ,718, ,007, % , ,726, ,007, % Total 435 6,726, ,007, % Page 13/28

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15 Sales Proceeds Month Number vehicles sold Aggregated Net Sales Proceeds Aggregated Compensation Payments Aggregated Gross Sales Proceeds Aggregated Net Book Value Gross Sales Proceeds as as % NBV , , , , % ,005, , ,174, ,117, % , , , , % ,730, , ,141, ,156, % ,542, , ,917, ,891, % ,816, , ,067, ,982, % ,779, , ,031, ,953, % ,131, , ,540, ,396, % ,779, , ,086, ,949, % ,321, , ,758, ,622, % ,122, , ,494, ,358, % ,994, , ,294, ,210, % ,613, , ,943, ,789, % ,483, , ,078, ,973, % ,473, , ,072, ,074, % ,679, , ,565, ,620, % ,497, , ,124, ,042, % ,621, , ,561, ,601, % ,775, , ,767, ,617, % ,743, , ,351, ,175, % ,214, , ,841, ,675, % ,220, , ,758, ,558, % ,075, , ,726, ,391, % ,172, , ,808, ,646, % ,948, , ,495, ,145, % ,546, , ,116, ,743, % ,567, , ,201, ,053, % ,809, , ,455, ,430, % ,874, , ,488, ,179, % ,391, , ,036, ,844, % ,203, , ,859, ,801, % ,170, , ,758, ,554, % ,760, , ,470, ,090, % ,018, , ,602, ,110, % ,670, , ,259, ,793, % ,387, , ,847, ,211, % Total 17, ,806, ,729, ,536, ,613, Page 15/28

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17 Replenishment Criteria (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) none the top 5 Lessees measured by their respective financial proportion to the Aggregate accounts individually for more than 2.00% the Aggregate ; none the top 6 to 10 Lessees measured by their respective financial proportion to the Aggregate accounts individually for more than 1.25% the Aggregate ; none the top 11 to 15 Lessees measured by their respective financial proportion to the Aggregate accounts individually for more than 1.00% the Aggregate ; none the top 16 to 30 Lessees measured by their respective financial proportion to the Aggregate accounts individually for more than 0.75% the Aggregate ; none the top 31 and above Lessees measured by their respective financial proportion to the Aggregate accounts individually for more than 0.50% the Aggregate ; the Aggregate resulting from Estimated does not account for more than 48.00% the Aggregate ; the Aggregate resulting from associated Lease in respect which the Lessee is classified by the Servicer in a specific sector according to the NACE Hierarchic Classification does not account for more than 20.00% the Aggregate ; the Aggregate resulting from SME Lease does not account for more than 25.00% the Aggregate ; the Aggregate resulting from Lease with a remaining term more than 60 months does not account for more than 5.00% the Aggregate ; and the Aggregate resulting from the Heavy Goods Vehicles and the Commercial Vehicles does not account for more than 4.00% the Aggregate. Treshold Value Actual Value Trigger Breached N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No N/A N/A No Page 17/28

18 Revolving Period Termination Events A Revolving Period Termination Event means the occurrence any the following events: Trigger Level Actual Value Trigger Breached (a) the amount recorded to the credit the Replenishment Ledger after the application the Revolving Period Priority Payments on two consecutive Payment Dates exceeds 10% the Aggregate on the Closing Date N/A N/A No (b) the Cumulative Default Ratio exceeds 3% on any Payment Date N/A N/A No (c) the Delinquency Ratio exceeds 0.40% on any Payment Date N/A N/A No (d) (e) on any Payment Date after application the Revolving Period Priority Payments, the Aggregate plus the amount standing to the credit the Replenishment Ledger is lower than the sum (i) the Principal Amount Outstanding the Class A Notes, (ii) the Principal Amount Outstanding the Class B Notes and (iii) the principal amount outstanding the Initial Subordinated Loan Advance on any Payment Date, after application the Revolving Period Priority Payments, the amount standing to the credit the Liquidity Ledger is below the Required Liquidity Reserve Amount on such Payment Date N/A N/A No N/A N/A No (f) an LPNL Event Default; No (g) a Servicer Termination Event; No (h) a Realisation Agent Termination Event; No (i) a Maintenance Coordinator Termination Event; No (j) the RV Guarantee Provider defaults in its payment obligation in respect any RV Shortfall Amount or the Net RV Guarantee Receipts; (k) an Event Default or Termination Event (each as defined in the Swap Agreement); No (l) any regulatory and/or tax issues occur which prevent the Issuer from purchasing the Leased Vehicles together with the associated s (m) LPNL fails to fulfil its obligations under the Subordinated Loan Agreement; No (n) LPNL fails to fulfil its obligations under the Reserves Funding Agreement; No (o) no Back-Up Servicer has been appointed in accordance with the relevant provisions the Servicing Agreement, no Back-Up Realisation Agent has been appointed in accordance with the relevant provisions the Realisation Agency Agreement or no Back-Up Maintenance Coordinator has been appointed in accordance with the relevant provisions the Maintenance Coordination Agreement, in each case within one hundred and twenty (120) calendar days following the occurrence an Appointment Trigger Event; (p) LPC ceasing to have direct or indirect Control in respect LPNL; or No (q) the service a Note Acceleration Notice by the Security Trustee. No No No No Page 18/28

19 Amortisation Schedule Collection Period Month Aggregate Lease Aggregate Residual Aggregate Planned Interest and Principal Value Planned Cashflow Cashflow Amortisation Aug ,830, Sep ,544, ,544, ,286, Oct ,996, ,509, ,506, ,780, Nov ,375, ,475, ,851, ,929, Dec ,228, ,043, ,271, ,657, Jan ,224, ,900, ,124, ,532, Feb ,560, ,579, ,140, ,392, Mar ,193, ,893, ,086, ,305, Apr ,864, ,861, ,726, ,579, May ,645, ,329, ,975, ,604, Jun ,041, ,379, ,420, ,183, Jul ,784, ,800, ,584, ,598, Aug ,369, ,208, ,578, ,020, Sep ,954, ,816, ,771, ,249, Oct ,776, ,414, ,190, ,058, Nov ,389, ,079, ,469, ,589, Dec ,165, ,851, ,016, ,572, Jan ,814, ,226, ,041, ,531, Feb ,419, ,095, ,514, ,017, Mar ,368, ,013, ,382, ,634, Apr ,161, ,854, ,015, ,618, May ,962, ,307, ,270, ,348, Jun ,696, ,099, ,796, ,552, Jul ,531, ,141, ,672, ,879, Aug ,321, ,473, ,794, ,084, Sep ,125, ,944, ,070, ,013, Oct , ,862, ,847, ,166, Nov , ,334, ,226, ,939, Dec , ,233, ,058, ,881, Jan , ,351, ,093, ,787, Feb , ,636, ,291, ,496, Mar , ,852, ,464, ,031, Apr , ,767, ,313, ,718, May , ,065, ,541, ,177, Jun , ,346, ,757, ,420, Jul , ,408, ,764, ,655, Aug , ,354, ,654, ,001, Sep , ,394, ,627, ,374, Oct , , , ,757, Nov , , , ,458, Dec , , , ,115, Jan , , , ,918, Feb , , , ,640, Mar , , , ,346, Apr , , , ,093, May , , , ,857, Jun , , , ,694, Jul , , , ,521, Aug , , , ,303, Sep , , , , Oct , , , , Nov , , , , Dec , , , , Jan , , , Feb , , , , Mar , , , , Apr , , , , May , , , , Jun , , , , Page 19/28

20 Collection Period Month Aggregate Lease Aggregate Residual Aggregate Planned Interest and Principal Value Planned Cashflow Cashflow Amortisation Jul , , , , Aug , , , , Sep , , , , Oct , , , Nov , , , , Dec , , , Jan , , , , Feb , , , , Mar , , , Apr , , , May , , , Jun , , , Jul , , , , Aug , , , Sep , , , Oct , , , Nov , , , , Dec , , , Jan Feb Page 20/28

21 Stratification Tables Business Sector Number Corporate 16, % 234,120, % 91,279, ,840, Government % 8,276, % 4,980, ,296, SME 3, % 52,828, % 19,535, ,292, Product Type (open closed) Number Closed Calculation 16, % 247,066, % 95,138, ,928, Open Calculation 3, % 48,158, % 20,657, ,501, Vehicle Type Number Car 17, % 249,744, % 92,395, ,349, Light Commercial Vehicle (LCV) 3, % 38,924, % 18,067, ,857, Heavy Goods Vehicle (HGV) % 5,116, % 4,273, , Commercial Vehicle % 1,439, % 1,059, , New Versus Used Number New 20, % 292,168, % 114,750, ,418, Used % 3,056, % 1,044, ,011, Total current discounted balance (>= - <) Number , % 1,475, % 446, ,028, , , , % 37,615, % 11,487, ,128, , , , % 94,908, % 32,810, ,097, , , , % 79,963, % 31,401, ,562, , , , % 41,583, % 18,019, ,564, , , % 18,375, % 8,688, ,687, > % 21,302, % 12,942, ,359, Page 21/28

22 Total Investment Amount (>= - <) Number , % 3,194, % 569, ,625, , , , % 34,828, % 12,797, ,030, , , , % 123,491, % 45,271, ,219, , , , % 75,545, % 28,946, ,599, , , , % 32,416, % 13,906, ,510, , >= % 25,748, % 14,303, ,445, Expected Nominal (>= - <) Number % 1,399, % 1,131, , , , , % 16,894, % 8,782, ,111, , , , % 51,806, % 22,891, ,914, , , , % 72,859, % 28,601, ,258, , , , % 66,423, % 23,663, ,759, , , , % 40,773, % 14,412, ,361, , >= 1, % 45,067, % 16,312, ,754, Expected (>= - <) Number , % 1,720, % 1,356, , , , , % 23,686, % 12,789, ,896, , , , % 60,136, % 26,232, ,903, , , , % 77,456, % 30,221, ,235, , , , % 63,036, % 21,921, ,114, , , , % 35,960, % 12,512, ,448, , >= 1, % 33,228, % 10,760, ,467, Original Term (>= - <) Number % 12, % 6, , % 120, % 37, , % 6,882, % 1,705, ,176, , % 40,897, % 11,490, ,406, , % 143,559, % 50,835, ,723, >= 7, % 103,753, % 51,720, ,032, Page 22/28

23 Seasoning (>= - <) Number % 17,616, % 8,664, ,951, , % 123,053, % 52,586, ,466, , % 122,883, % 43,177, ,706, , % 29,677, % 10,391, ,286, >= % 1,993, % 975, ,018, Contract Start Year Number % 7,376, % 2,492, ,883, , % 63,683, % 22,043, ,639, , % 122,893, % 45,454, ,439, , % 101,271, % 45,804, ,466, Contract End Year Number , % 25,996, % 2,968, ,028, , % 131,904, % 40,788, ,115, , % 94,038, % 44,451, ,587, , % 34,411, % 20,456, ,954, % 5,934, % 4,573, ,361, % 2,269, % 1,974, , % 671, % 582, , Interest Rate (>= - <) Number 0.00 % % % 5,657, % 2,004, ,652, % % 3, % 54,909, % 23,053, ,856, % % 9, % 144,914, % 57,577, ,336, % % 4, % 62,623, % 23,135, ,487, % % 1, % 22,929, % 8,656, ,272, % % % 4,076, % 1,318, ,757, % % % 114, % 48, , Page 23/28

24 Lease Instalment (Interest & Depreciation) Number , % 36,189, % 12,878, ,310, , % 170,654, % 64,245, ,409, , % 64,141, % 25,750, ,390, , % 16,224, % 7,768, ,455, , , % 3,211, % 1,606, ,605, , , % 1,166, % 747, , , >= % 3,636, % 2,797, , Remaining Duration (>= - <) Number , % 110,461, % 25,479, ,981, , % 119,726, % 51,353, ,373, , % 49,957, % 27,812, ,144, % 10,185, % 7,013, ,172, % 2,809, % 2,278, , >= % 2,084, % 1,857, , Internal Rating Corporate, Government Number Lease 1 - Prime % 11,718, % 6,381, ,337, A - Very strong % 12,902, % 4,694, ,207, B - Strong 1, % 21,371, % 7,601, ,770, C - Relatively strong 2, % 44,590, % 19,277, ,313, A - Very acceptable 3, % 44,358, % 15,899, ,459, B - Acceptable 2, % 33,484, % 13,662, ,821, C - Relatively acceptable 1, % 25,785, % 10,004, ,781, A - Very sufficient 1, % 16,918, % 7,091, ,827, B - Sufficient % 6,691, % 2,407, ,284, C - Relatively sufficient 1, % 14,678, % 5,891, ,786, A - Somewhat weak-sa % 1,965, % 513, ,451, B - Weak-SA % 431, % 166, , C - Very weak-watch % 199, % 62, , A - Sub-standard-Watch % 103, % 36, , NR - No Rating % 7,194, % 2,569, ,625, Province Total 16, % 242,396, % 96,259, ,136, Number Lease s Zuid-Holland 5, % 71,953, % 28,606, ,346, Noord-Holland 4, % 66,625, % 24,666, ,958, Noord-Brabant 4, % 60,765, % 25,474, ,291, Utrecht 2, % 36,679, % 14,256, ,423, Gelderland 1, % 22,848, % 8,170, ,678, Overijssel % 11,589, % 4,975, ,613, Flevoland % 9,860, % 3,494, ,366, Limburg % 7,601, % 3,136, ,464, Friesland % 2,170, % 752, ,418, Groningen % 2,026, % 699, ,327, Drenthe % 1,782, % 1,061, , Zeeland % 1,323, % 502, , Total 20, % 295,224, % 115,795, ,429, Page 24/28

25 Top 15 Manufacturers Number Lease s Volkswagen 2, % 41,330, % 16,416, ,914, Volvo 1, % 33,089, % 13,180, ,908, Peugeot 2, % 26,677, % 10,364, ,313, Audi 1, % 26,086, % 8,963, ,122, Renault 2, % 21,574, % 9,072, ,502, Skoda 1, % 20,962, % 6,661, ,301, BMW % 20,528, % 7,262, ,265, Ford 1, % 20,294, % 8,068, ,226, Mercedes-Benz % 14,892, % 6,739, ,153, Mitsubishi % 12,941, % 5,455, ,486, Toyota 1, % 12,485, % 4,434, ,051, Opel 1, % 12,271, % 4,645, ,626, Citroën % 5,338, % 2,077, ,261, SEAT % 3,779, % 1,380, ,399, Nissan % 3,326, % 1,150, ,176, Other 1, % 19,642, % 9,922, ,720, Top 10 Towns Total 20, % 295,224, % 115,795, ,429, Number Lease s AMSTERDAM 1, % 25,002, % 9,380, ,621, 'S-GRAVENHAGE 1, % 17,147, % 7,346, ,801, ROTTERDAM 1, % 15,503, % 6,208, ,295, 'S-HERTOGENBOSCH 1, % 15,226, % 6,290, ,936, ROSMALEN % 9,669, % 4,217, ,451, AMSTELVEEN % 9,438, % 3,490, ,947, UTRECHT % 9,334, % 3,638, ,696, EINDHOVEN % 8,934, % 3,613, ,321, ALMERE % 7,745, % 2,686, ,059, RIJSWIJK ZH % 7,134, % 2,980, ,154, Other 11, % 170,087, % 65,941, ,145, Total 20, % 295,224, % 115,795, ,429, Page 25/28

26 Top 50 Clients Number Lease s % 8,700, % 3,827, ,872, % 8,467, % 4,341, ,126, % 7,599, % 3,461, ,138, % 6,906, % 2,325, ,580, % 6,155, % 2,488, ,667, % 4,457, % 1,990, ,466, % 3,912, % 1,599, ,312, % 3,701, % 1,857, ,843, % 3,568, % 1,542, ,026, % 3,525, % 1,391, ,134, % 3,495, % 821, ,673, % 3,330, % 1,127, ,203, % 3,231, % 2,358, , % 3,170, % 2,323, , % 3,063, % 1,327, ,735, % 2,754, % 685, ,069, % 2,745, % 1,380, ,364, % 2,661, % 857, ,804, % 2,572, % 1,260, ,311, % 2,456, % 1,213, ,243, % 2,352, % 1,097, ,255, % 2,350, % 945, ,404, % 2,315, % 830, ,484, % 2,286, % 723, ,562, % 2,215, % 736, ,478, % 2,143, % 1,110, ,032, % 2,109, % 595, ,514, % 2,055, % 1,011, ,043, % 1,984, % 584, ,399, % 1,897, % 829, ,068, % 1,897, % 720, ,176, % 1,745, % 587, ,157, % 1,709, % 507, ,201, % 1,678, % 601, ,076, % 1,661, % 588, ,072, % 1,642, % 706, , % 1,556, % 343, ,213, % 1,537, % 525, ,011, % 1,515, % 653, , % 1,465, % 739, , % 1,382, % 671, , % 1,323, % 507, , % 1,186, % 561, , % 1,167, % 416, , % 1,116, % 904, , % 1,107, % 363, , % 1,102, % 449, , % 1,097, % 172, , % 1,071, % 234, , % 1,056, % 542, , Other 10, % 159,014, % 58,346, ,668, Total 20, % 295,224, % 115,795, ,429, Page 26/28

27 Industrial Sector* PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES Number Lease s 3, % 55,406, % 20,569, ,837, MANUFACTURING 3, % 48,594, % 18,791, ,802, WHOLESALE AND RETAIL TRADE REPAIR OF MOTOR VEHICLES AND MOTORCYCLES 2, % 43,921, % 17,710, ,211, CONSTRUCTION 3, % 40,077, % 16,790, ,287, INFORMATION AND COMMUNICATION 2, % 33,322, % 11,993, ,329, FINANCIAL AND INSURANCE ACTIVITIES 1, % 17,022, % 6,399, ,622, ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES 1, % 13,072, % 4,159, ,912, TRANSPORTATION AND STORAGE % 10,771, % 4,436, ,334, ELECTRICITY, GAS, STEAM AND AIR- CONDITIONING SUPPLY PUBLIC ADMINISTRATION AND DEFENCE COMPULSORY SOCIAL SECURITY WATER SUPPLY SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES % 8,245, % 3,629, ,616, % 5,403, % 3,735, ,668, % 4,953, % 1,859, ,093, EDUCATION % 3,864, % 1,616, ,248, REAL ESTATE ACTIVITIES % 3,206, % 1,137, ,069, OTHER SERVICE ACTIVITIES % 2,461, % 825, ,635, HUMAN HEALTH AND SOCIAL WORK ACTIVITIES % 2,127, % 752, ,374, MINING AND QUARRYING % 1,404, % 920, , ARTS, ENTERTAINMENT AND RECREATION % 546, % 171, , AGRICULTURE, FORESTRY AND FISHING % 529, % 202, , ACCOMMODATION AND FOOD SERVICE ACTIVITIES *Based on NACE Rev % 291, % 93, , Total 20, % 295,224, % 115,795, ,429, Page 27/28

28 Contact Information Account Bank, Paying Agent, Reference Agent, Listing Agent, Swap Counterparty, Back-Up Servicer Facilitator ABN AMRO Bank N.V. Gustav Mahlerlaan PP Amsterdam Back-Up Maintenance Coordinator Deloitte LLP 2 New Street Square EC4A 3BZ London The Netherlands United Kingdom listing.agency@nl.abnamro.com Issuer Administrator Intertrust Netherlands B.V. Security Trustee Stichting Trustee Bumper 6 (NL) Finance Prins Bernhardplein 200 Prins Bernhardplein JB Amsterdam 1097 JB Amsterdam The Netherlands The Netherlands securitisation@intertrustgroup.com securitisation@intertrustgroup.com Seller, Servicer, Realisation Agent, Maintenance Coordinator LeasePlan Nederland N.V. P.J. Oudweg CH Almere The Netherlands Bumper.IR@leaseplancorp.com Page 28/28