Book size: 670; Registration: Reg S Only; Comments: GBP300m 10yr cpn fxd 5.625% at 99.931, yld 5.634%. Spread: Mid G+95bps. UKT 4.250% due March 2036, ISIN: GB0032452392 @ 97.147 mid, 97.087 bid (HR 98%). MWC: G+15bps. Par Call: 3m. LEI: 213800NK8FA3GKS6X167;

Reoffer: 10yr: G+95bp / 99.931 / 5.634% Benchmark: 10yr: UKT 4.250% Mar-36 @ 97.147 (HR 98%) Final books in excess of £670m Launched: 10yr: £300m @ G+95bp - Books in excess of £670m IPTs: 10yr: G+105/110bp Issuer: Gatwick Funding Limited (Ticker: GATAIR; Country: JE) Issuer LEI: 213800NK8FA3GKS6X167 Obligors: Gatwick Airport Limited, Ivy Bidco Limited, Ivy Holdco Limited Issuer Ratings: Baa1 / BBB+ / BBB+ (Stable / Stable / Stable) (Moody’s / S&P / Fitch) Expected Issue Rating: Baa1 / BBB+ / BBB+ (Moody’s / S&P / Fitch) Format and Status: Reg S, Bearer, Senior Secured Class A Bonds Size and Currency: £300,000,000 Pricing Date: 11-Feb-26 Settlement: 18-Feb-26 (T+5) Scheduled Redemption Date / Tenor: 18-Feb-36 / 10yr Legal Maturity: 18-Feb-38 Reoffer: Mid G+95bps / 5.557% s.a. / 5.634% a. / 99.931 Government Benchmark: UKT 4.250% due March 2036, ISIN: GB0032452392 @ 97.147 mid, 97.087 bid (HR 98%) Coupon: 5.625%, Fixed, Annual, ACT/ACT (ICMA) Documentation: The bonds will be issued under the Issuer’s £5,000,000,000 Multicurrency EMTN Programme as described in the Base Prospectus dated 13-Jun-25 (the “Base Prospectus”), as supplemented on 10-Feb-26 Denoms / Listing: £100k + £1k / London Stock Exchange (Main Market) Governing Law: English Law Optional Redemption: MWC (G+15bps), 3-month par call Use of Proceeds: Net proceeds will be lent by the Issuer to the Borrower under the Borrower Loan Agreement. The Borrower will apply the proceeds of the Borrower Loans for, amongst other things, its general corporate purposes. ISIN / Common Code: XS3298932198 / 329893219 Target Market: MiFID II and UK MiFIR professionals & ECPs-only. Manufacturer target market (MiFID II product governance and UK MiFIR product governance rules) is eligible counterparties and professional investors only (all distribution channels). No PRIIPs or UK PRIIPs key information document (“KID”) has been prepared as the Notes are not available to retail in the EEA or the United Kingdom Selling Restrictions: Yes, per the Base Prospectus (US Reg S; Cat 2, TEFRA D; No sales to UK or EEA Retail) Joint Lead Managers: CIBC Capital Markets, HSBC, NatWest (B&D), Santander, SMBC Stabilisation: Relevant stabilisation regulations including FCA / ICMA will apply Clearing: Euroclear / Clearstream Luxembourg Timing: ToE 14.27 UKT / FTT 14.50 UKT Advertisement: The Base Prospectus and the supplement are available and the Final Terms, when published, will be available on the website of the London Stock Exchange www.londonstockexchange.com

General Corporate Purposes