Volta Finance Limited (VTA / VTAS)January 2026 monthly reportNOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES Guernsey, February 24th 2026 BNPP AM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for January 2026. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). Performance and Portfolio Activity Dear Investors, Volta Finance posted a net return ...

Core Viewpoint - Volta Finance Limited reported a net return of +0.3% for December 2025, bringing the year-to-date performance to +2.7%, which is significantly lower than the returns of US High Yield bonds at +8.5% and Euro High Yield bonds at +5.2% during the same period [4]. Performance and Portfolio Activity - The performance in December was influenced by cautious central banks and mixed macroeconomic signals, with the US Federal Reserve cutting interest rates by 25 basis points while maintaining a data-dependent approach [5]. - The Morningstar LSTA Leveraged Loan Indices recorded returns of +0.65% in the US and +0.48% in Europe, indicating stable performance compared to November [6]. - Volta Finance took advantage of market conditions by investing €6.0 million in new positions, focusing on both new issues and secondary markets, and targeting a mix of shorter and longer duration profiles [7]. - The fund generated approximately €25 million in cash flow, representing about 19% of December's NAV on an annualized basis [7]. - As of December 2025, Volta's NAV was reported at €259.3 million, equating to €7.09 per share [8].

Core Viewpoint - Volta Finance Limited has appointed BNP Paribas Asset Management Europe as its new investment manager effective from December 31, 2025, following the merger of AXA Investment Managers Paris and BNP AM [2]. Group 1: Change of Investment Manager - The appointment of BNP AM is a result of the merger with AXA IM, and BNP AM will succeed to the existing investment management agreement [2]. - The terms of the investment management agreement, including fees, will remain unchanged, and no material changes to management arrangements are anticipated [3]. Group 2: Company Overview - Volta Finance Limited is incorporated in Guernsey and is listed on Euronext Amsterdam and the London Stock Exchange [4]. - The company aims to preserve capital across the credit cycle and provide stable income through quarterly dividends, primarily investing in CLOs and similar asset classes [5]. Group 3: About BNP Paribas Asset Management Europe - BNP AM is incorporated in France and is registered as a portfolio management company with the AMF [6].

Core Viewpoint - Volta Finance Limited has appointed BNP Paribas Asset Management Europe as its new investment manager effective from December 31, 2025, following the merger of AXA Investment Managers Paris and BNP AM [2]. Group 1: Change of Investment Manager - The appointment of BNP AM is a result of the merger with AXA IM, and BNP AM will succeed to the existing investment management agreement [2]. - The terms of the investment management agreement, including fees, will remain unchanged, and no material changes to management arrangements are anticipated [3]. Group 2: Company Overview - Volta Finance Limited is incorporated in Guernsey and is listed on Euronext Amsterdam and the London Stock Exchange [4]. - The company aims to preserve capital across the credit cycle and provide stable income through quarterly dividends, primarily investing in CLOs and similar asset classes [5]. Group 3: About BNP Paribas Asset Management Europe - BNP AM is incorporated in France and is registered as a portfolio management company with the AMF [6].

Core Insights - Volta Finance reported a net return of -0.6% for November 2025, bringing the year-to-date performance to +2.3% [4] - The performance of Volta Finance lagged behind US High Yield bonds, which returned +7.8%, and Euro High Yield bonds, which achieved +4.8% during the same period [4] Performance and Market Conditions - Financial markets experienced increased unpredictability, with concerns over the valuation of technology stocks, particularly those related to artificial intelligence (AI) [5] - Economic data showed mixed signals, with strength in the US economy but weakness outside the technology sector, alongside a softening job market [6] - The US central bank maintained steady interest rates, but weakening consumer confidence and retail sales led to expectations of potential rate cuts [6] Loan Market Activity - The Morningstar LSTA Leveraged Loan Indices recorded returns of +0.32% in the US and +0.58% in Europe [7] - CLO tranches saw stabilization in spreads for senior tranches, while Mezzanine tranches experienced spread widening, particularly in Europe [7] Investment Activity - Volta Finance actively invested approximately €5.5 million in new investments during November, focusing on new issues that offered better value [8] - The fund's cash position decreased to 13% of its assets, generating about €26 million in cash flow, which represents approximately 20% of November's NAV on an annualized basis [8] Performance Breakdown - Volta's CLO Equity tranches returned -1.5%, while CLO Debt tranches achieved a return of +0.8% [9] - As of the end of November 2025, Volta's NAV was €263.6 million, equating to €7.21 per share [10]

Core Viewpoint - Volta Finance Limited successfully passed all resolutions at its Annual General Meeting, including a special resolution, indicating strong governance and shareholder support [2][3]. Company Overview - Volta Finance Limited is incorporated in Guernsey and listed on Euronext Amsterdam and the London Stock Exchange, subject to regulation by the AFM in the Netherlands [4][5]. - The company aims to preserve capital across the credit cycle and provide stable income through quarterly dividends, primarily investing in CLOs and similar asset classes [5]. Investment Management - AXA Investment Managers Paris is appointed as the investment manager for Volta Finance, specializing in structured credit [5][6]. - AXA IM is a significant player in the asset management industry, managing over €879 billion in assets as of June 2025 [6].

Core Insights - Volta Finance Limited reported a net return of -0.6% for October 2025, bringing the year-to-date performance to +2.9% [4] - The performance of Volta was notably lower compared to US High Yield bonds, which returned +7.3%, and Euro High Yield bonds, which achieved +4.7% during the same period [4] Performance and Market Activity - The market activity in October was influenced by political events, central bank decisions, and corporate earnings reports, leading to volatility after initial optimism [5] - The US Federal Reserve cut interest rates by 25 basis points, while approximately 85% of S&P 500 companies reported earnings that exceeded expectations, contributing to a late rally in US equities [5] - In the credit markets, the Morningstar LSTA Leveraged Loan Indices recorded returns of +0.22% in the US and -0.27% in Europe, with high yields providing some cushion against price declines [6] Portfolio Activity - Volta invested approximately EUR 5 million into six unique trades focusing on BB-rated and single-B rated tranches of European CLOs, with BBs sourced in the +560bps context and single-Bs in the +850bps context [7] - The company's cash position decreased to below 16%, while cash-flow generation reached approximately EUR 26 million, equivalent to 20% of October's NAV on an annualized basis [7] Performance Breakdown - Volta's CLO Equity tranches returned -1.9%, while CLO Debt tranches returned +0.1% [8] - The EUR/USD exchange rate movement positively impacted Volta's performance by +0.3% due to long dollar exposure [8] - As of the end of October 2025, Volta's NAV was €265.3 million, equating to €7.25 per share [8]

Core Viewpoint - Volta Finance Limited has announced a delay in the settlement of some dividend payments to shareholders holding shares with Euroclear Netherlands, despite confirming that the dividend distribution was made on time and in the ordinary course of business [3][4]. Company Overview - Volta Finance Limited is incorporated in Guernsey and is listed on Euronext Amsterdam and the London Stock Exchange's Main Market for listed securities [5]. - The company aims to preserve capital across the credit cycle and provide a stable stream of income to shareholders through quarterly dividends, primarily by investing in CLOs and similar asset classes [6]. Dividend Information - The interim dividend was declared on 24 September 2025, paid on 23 October 2025, with a dividend date of 2 October 2025 and a record date of 3 October 2025 [3]. - The company is in discussions with responsible parties to resolve the settlement delay as quickly as possible [4].

Core Insights - Volta Finance Limited reported a net performance of +0.3% for September 2025, bringing the year-to-date performance to +3.5% [4] - The performance of Volta Finance is lower compared to US High Yield and Euro High Yield, which returned +7.1% and +4.6% respectively [4] - The company's NAV as of the end of September 2025 was €272.6 million, equating to €7.45 per share [8] Market Overview - Global markets demonstrated resilience, with US equities benefiting from investments in artificial intelligence and anticipated interest rate cuts by the Federal Reserve [5] - Fixed income yields increased, with long-term rates in France and Germany reaching multi-year highs, while UK gilts advanced ahead of the Autumn Budget [5] - The Federal Reserve executed its first rate cut in nine months, while the ECB and Bank of England maintained a cautious approach [5] Portfolio Activity - Volta Finance reinvested approximately €10 million into five different US and European BB and B CLO debts, reducing its cash position from 18% to 16% [7] - The company experienced stable interest and coupon generation over the past six months, amounting to about €28 million equivalent, or approximately 21% of September NAV on an annualized basis [7] - Volta's CLO Equity tranches returned +0.3%, while CLO Debt tranches returned +1.2% during the month [8] Investment Strategy - Volta Finance aims to preserve capital across the credit cycle and provide a stable income stream to shareholders through quarterly dividends [13] - The company primarily seeks exposure to CLOs and similar asset classes, with a potential for a more diversified investment strategy across structured finance assets [13]

Volta Finance Limited (VTA/VTAS)Legal Entity Identification Code: 2138004N6QDNAZ2V3W80 Publication of the Annual Report and Audited Financial Statements (the “Accounts”) for the financial year ended 31 July 2025 and Notice of the Annual General Meeting NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTOTHE UNITED STATES ***** Guernsey, 21 October 2025 Volta Finance Limited has published its results for the financial year ended 31 July 2025. The 2025 Accounts are attached to this re ...