Exhibit 4.1



|      |  |                 
|----- |  | ----------------
|DATED |  | 23 DECEMBER 2015



| | (1) | THE REGULATED ENTITIES
| | --- | ----------------------



| | (2) | THE UNREGULATED ENTITIES
| | --- | ------------------------



| | (3) | SANTANDER UK PLC
| | --- | ----------------



CORE UK GROUP

CAPITAL
SUPPORT DEED







|     |  |  |                                                                   |                          
|---- |  |  | ----------------------------------------------------------------- | -------------------------
|LOGO |  |  |                                                                   | r e e d s m i t h . c o m
|     |  |  | REFERENCE: CB/EV/853577.00042
EME_ACTIVE-562738677.4-999947-20596



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TABLE OF CONTENTS

Page



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|------------------------------------------------------ |  | ----------------------------------------------------------------------------- | -- |  | -- | 
|1.                                                     |  | DEFINITIONS AND INTERPRETATION                                                |    |  | 1  | 
|                                                       |  |                                                                              
|2.                                                     |  | THE CAPITAL SUPPORT AND UPSTREAMING ARRANGEMENTS                              |    |  | 4  | 
|                                                       |  |                                                                              
|3.                                                     |  | UTILISATION                                                                   |    |  | 6  | 
|                                                       |  |                                                                              
|4.                                                     |  | CONDITIONS TO UTILISATION                                                     |    |  | 6  | 
|                                                       |  |                                                                              
|5.                                                     |  | UPSTREAMING ARRANGEMENTS                                                      |    |  | 6  | 
|                                                       |  |                                                                              
|6.                                                     |  | AVAILABLE RESOURCES                                                           |    |  | 7  | 
|                                                       |  |                                                                              
|7.                                                     |  | REPAYMENT OF SUMS ADVANCED UNDER A GROUP FACILITY                             |    |  | 8  | 
|                                                       |  |                                                                              
|8.                                                     |  | OBLIGATION OF SANTANDER UK TO PROVIDE ELIGIBLE CAPITAL TO A REGULATION ENTITY |    |  | 8  | 
|                                                       |  |                                                                              
|9.                                                     |  | FUNDING COMMITMENT                                                            |    |  | 9  | 
|                                                       |  |                                                                              
|10.                                                    |  | WARRANTIES                                                                    |    |  | 10 | 
|                                                       |  |                                                                              
|11.                                                    |  | TERMINATION                                                                   |    |  | 10 | 
|                                                       |  |                                                                              
|12.                                                    |  | COSTS AND EXPENSES                                                            |    |  | 11 | 
|                                                       |  |                                                                              
|13.                                                    |  | CHANGES TO THE PARTIES                                                        |    |  | 11 | 
|                                                       |  |                                                                              
|14.                                                    |  | NOTICES                                                                       |    |  | 11 | 
|                                                       |  |                                                                              
|15.                                                    |  | PARTIAL INVALIDITY                                                            |    |  | 12 | 
|                                                       |  |                                                                              
|16.                                                    |  | REMEDIES AND WAIVERS                                                          |    |  | 12 | 
|                                                       |  |                                                                              
|17.                                                    |  | AMENDMENTS                                                                    |    |  | 12 | 
|                                                       |  |                                                                              
|18.                                                    |  | ENTIRE DEED                                                                   |    |  | 12 | 
|                                                       |  |                                                                              
|19.                                                    |  | COUNTERPARTS                                                                  |    |  | 12 | 
|                                                       |  |                                                                              
|20.                                                    |  | GOVERNING LAW                                                                 |    |  | 13 | 
|                                                       |  |                                                                              
|21.                                                    |  | ENFORCEMENT                                                                   |    |  | 13 | 
|                                                       | 
|SCHEDULE 1 THE REGULATED ENTITIES                      |  |                                                                               | 20 | 
|                                                       | 
|SCHEDULE 2 THE UNREGULATED ENTITIES                    |  |                                                                               | 21 | 
|                                                       | 
|SCHEDULE 3 UTILISATION REQUEST                         |  |                                                                               | 23 | 
|                                                       | 
|SCHEDULE 4 REPAYMENT REQUEST                           |  |                                                                               | 24 | 
|                                                       | 
|SCHEDULE 5 FUNDING NOTICE                              |  |                                                                               | 25 | 
|                                                       | 
|SCHEDULE 6 DEED OF ADHERENCE FORM OF DEED OF ADHERENCE |  |                                                                               | 26 | 



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THIS CAPITAL SUPPORT DEED(this Deed) is dated 23 December 2015 and made between:



|(1) | THE REGULATED ENTITIES, being each entity listed in Schedule 1 to this Deed (the Regulated Entities);
|--- | -------------------------------------------------------------------------------------------------------



|(2) | THE UNREGULATED ENTITIES, being each entity listed in Schedule 2 to this Deed (the Unregulated Entities); and
|--- | ---------------------------------------------------------------------------------------------------------------



|(3) | SANTANDER UK PLC (Santander UK).
|--- | ----------------------------------

IT IS AGREED as follows:



|1. | DEFINITIONS AND INTERPRETATION
|-- | ------------------------------



| | 1.1 | Definitions
| | --- | -----------

In this Deed:

Affected Party has the meaning given to it in Clause 11.4.

Available Resources means, in relation to any Funding Entity, the amount of its resources that
comprise cleared, immediately accessible funds or those of its assets, rights, facilities or other resources that, using its best efforts, are reasonably capable of being converted into cleared, immediately available funds, such that they be made
available in accordance with Clauses 5.1 and/or 5.2 or (as the case may be) Clause 7 or Clause 9 but in any event such resources shall be limited:



| | (a) | in the case of a Regulated Entity or any other Core UK Group Member authorised under Part IVA of FSMA, to the sum of its Own Funds which are in
excess of the capital and financial resources requirements to which it is subject under the Regulatory System (taking into account its obligations to maintain adequate liquid resources as part of such capital and financial resources requirements);
or
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | in the case of a Core UK Group Member not falling under (a) above, to the sum of its Own Funds which, if paid as Upstream Funds pursuant to a
Funding Notice, or repaid pursuant to a Repayment Request, would not cause the value of its liabilities to exceed the value of its assets, taking into account all of its contingent and prospective liabilities; and
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | in the case of all Core UK Group Members, to such sum as would not, if required to be paid as Upstream Funds or paid pursuant to a Funding Notice,
cause such Funding Entity to be in breach of the Companies Act 2006 and for these purposes such Core UK Group Member shall not be required to prepare interim accounts as provided in Parts 18 or 23 of the Companies Act 2006.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Business Day means a day (other than a Saturday or Sunday) on which banks are open for general business in
London.

Core UK Group has the meaning given to it in the PRA Rulebook.

Core UK Group Members means each of the Parties to this Deed and such further companies as may be notified
from time-to-time to the PRA and approved by the PRA as being a member of the Core UK Group, including the Regulated Entities on the date hereof and from time to time thereafter.



1



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Core UK Group Permission has the meaning given to it in the
PRA Rulebook.

CET One Capital means Common Equity Tier One Capital as defined in Chapter 2 of Part 2
of the CRR.

CET One Capital Contribution means, in respect of a Regulated Entity, a contribution of
Eligible Capital to that Regulated Entity which qualifies for such Regulated Entity as CET One Capital.

CET One
Capital Request means, in respect of a Requesting Entity, a Utilisation Request by that Requesting Entity which specifies that the Eligible Capital requested by the Requesting Entity is required in the form of a CET One Capital
Contribution.

CRR means Regulation (EU) No. 575/2013 of 26 June 2013 on prudential
requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012.

Dispute has the meaning given to it in Clause 21.1.

DLG Facility Agreement means the revolving loan facility evidenced by the facility agreement dated
28 May 2010 between Santander UK plc, Abbey National Treasury Services plc and Cater Allen Limited.

Eligible Capital has the meaning given to it in Article 4(71) of the CRR.

Exposure has the meaning given to it in Article 5(1) of the CRR.

FSMA means the Financial Services and Markets Act 2000.

Funding Amount means the amount specified in a Funding Notice.

Funding Commitment means the funding commitment described in Clause 9.

Funding Entity means, in relation to any Utilisation Request, Repayment Request or Funding Notice (as the
case may be), the Core UK Group Member to which that Utilisation Request, Repayment Request or Funding Notice is addressed.

Funding Notice means a notice served by a Requesting Entity pursuant to Clause 9 and substantially in the
form set out in Schedule 5.

Group Facility means any loan, funding commitment or facility provided by
a Regulated Entity to a Core UK Group Member other than:



| | (a) | pursuant to this Deed; or
| | --- | -------------------------



| | (b) | which otherwise qualifies as Restricted Indebtedness.
| | --- | -----------------------------------------------------

Group Facilities has the meaning given to it in Clause 7.

New Member Designation has the meaning given to it in Clause 13.2.

Non-Affected Party has the meaning given to it in Clause 11.4.

On Demand Amounts has the meaning given to it in Clause 7.

On Demand Group Facility has the meaning given to it in Clause 7.



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Own Funds has the meaning specified in Article 4(118) of the
CRR.

Own Funds Requirements means each Regulated Entitys obligations under Part 2 of the CRR
(Own Funds) and any other requirements relating to Eligible Capital or concentration risk imposed on it by or under the Regulatory System.

Parent means, in relation to a company, any company which directly (or indirectly through other companies
of which it is a Parent) owns a majority of the issued share capital of such company.

Party means a
party to this Deed as at the date hereof or pursuant to the terms of Clause 13.

PRA means the UK
Prudential Regulation Authority and its successors from time to time.

PRA Rulebook means PRAs
rulebook (as amended from time to time).

Recipient means a Party in receipt of a Repayment Request.

Regulatory System has the meaning given to it in the PRA Rulebook.

Repayment Request means a notice substantially in the form set out in Schedule 4 in relation to a Group
Facility.

Relevant Amount has the meaning given to it in Clause 7.

Relevant Date has the meaning given to it in Clause 7.

Requesting Entity means, in relation to any Utilisation Request, Repayment Request or Funding Notice, the
Regulated Entity which issues such Utilisation Request, Repayment Request or Funding Notice.

Requesting Entity
Account means the account specified as such in a Utilisation Request, a Repayment Request or a Funding Notice.

Restricted Indebtedness means any Group Facility, Santander UK Loan, the DLG Facility Agreement or any loan
made pursuant to Clause 8.4 in respect of which anything done or proposed to be done, pursuant to Clause 2.3.3 and Clause 7 would require a Supervisory Consent.

Shortfall means the amount by which the Eligible Capital of a Requesting Entity at the relevant time is
less than its Own Funds Requirements.

Supervisory Consent means the consent of the PRA or confirmation
from the PRA of its non-objection.

Termination Date means the date specified as such in a Termination
Notice.

Terminating Member has the meaning given to it in Clause 11.1.

Termination Notice means any notice delivered in accordance with Clause 11.1.

Santander UK Contribution means a subscription for ordinary shares in a Requesting Entity or a capital
contribution to such Requesting Entity, in either case by Santander UK itself or by another Core UK Group Member pursuant to the procedure under Clause 8.4, in response to a CET One Capital Request and which qualifies as a CET One Capital
Contribution.



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Santander UK Loan means a loan made or to be made by Santander
UK under Clause 8, or by another Core UK Group Member pursuant to the procedure under Clause 8.4, to a Requesting Entity pursuant to a Utilisation Request.

Upstreaming Arrangements means the upstreaming arrangements described in Clause 5.

Upstream Funds has the meaning given to it in Clause 5.1.

Utilisation means a utilisation by a Regulated Entity of the Upstreaming Arrangements.

Utilisation Request means a notice substantially in the form set out in Schedule 3.

Utilisation Sum means in relation to a Utilisation, the amount specified as such in the Utilisation Request
for that Utilisation.



| | 1.2 | Construction
| | --- | ------------

1.2.1  Unless a contrary indication appears any reference in this Deed to:



| | (a) | any deed is a reference to that deed as amended, novated, supplemented, extended, replaced or restated;
| | --- | ---------------------------------------------------------------------------------------------------------



| | (b) | assets includes present and future properties, revenues and rights of every description;
| | --- | ------------------------------------------------------------------------------------------



| | (c) | a person includes any individual, firm, company, corporation, government, state or agency of a state or any association, trust,
joint venture, consortium or partnership (whether or not having separate legal personality);
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | except to the extent expressly provided otherwise, terms defined in the PRA Rulebook shall have the same meanings when used in this Deed;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------



| | (e) | a provision of law is a reference to that provision as amended or re-enacted; and
| | --- | ---------------------------------------------------------------------------------



| | (f) | a time of day is a reference to London time.
| | --- | --------------------------------------------

1.2.2  Section, Clause and Schedule headings are for ease of reference only.



| | 1.3 | Third party rights
| | --- | ------------------

A person who is not a Party has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce or to enjoy the
benefit of any term of this Deed. It is acknowledged, however, that the PRA may require a Party to enforce its rights under this Deed.



|2. | THE CAPITAL SUPPORT AND UPSTREAMING ARRANGEMENTS
|-- | ------------------------------------------------



| | 2.1 | Purpose
| | --- | -------

All of the Parties acknowledge and agree that:



| | 2.1.1 | the purpose of this Deed and the Upstreaming Arrangements and the Funding Commitment is to provide the Regulated Entities in the Core UK Group with
funds in circumstances where a Regulated Entity has breached or reasonably believes that it will breach its Own Funds Requirements, in order to remedy such breach or anticipated breach; and
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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| | 2.1.2 | this Deed, the Upstreaming Arrangements and the Funding Commitment are intended by the Parties to:
| | ----- | --------------------------------------------------------------------------------------------------



| | (a) | ensure prompt repayment of liabilities to each Regulated Entity from each other Core UK Group Member and prompt transfer of Eligible Capital to
each Regulated Entity in the circumstances set out in Clause 2.1.1; and
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | constitute a legally binding agreement between each Regulated Entity and each other Core UK Group Member that each of them will, promptly on demand
by a Regulated Entity, contribute and/or lend such of its resources as may be available for the purpose in order that they may be applied to increase (or contribute to the increase of) that Regulated Entitys Own Funds by an amount required to
ensure that the Regulated Entity in question complies with its Own Funds Requirements (or will continue to comply with its Own Funds Requirements, as applicable).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2 | Repayment Requests
| | --- | ------------------

It is acknowledged by each Core UK Group Member that, in order to comply with their respective obligations under the CRR, each
Regulated Entity is required to demonstrate there is no current or foreseen material practical or legal impediment to the repayment of liabilities due to it under the terms of Group Facilities (other than those Group Facilities which qualify as
Restricted Indebtedness) in the circumstances set out in Clause 2.1.1 above. Each Core UK Group Member therefore agrees and undertakes, subject to the terms of this Deed, that it shall, upon receipt of a Repayment Request, do those things required
of it in Clause 7.



| | 2.3 | Undertakings
| | --- | ------------

Accordingly, subject to the terms of this Capital Support Deed, each Core UK Group Member agrees and undertakes to each other
Party that it shall:



| | 2.3.1 | upon receipt of a Utilisation Request from a Regulated Entity, do those things required of it as a Funding Entity in Clause 5.1 or where applicable
Clause 5.3;
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.3.2 | upon receipt of Upstream Funds, do those things required of it pursuant to Clause 5.2;
| | ----- | --------------------------------------------------------------------------------------



| | 2.3.3 | upon receipt of a Repayment Request from a Regulated Entity, do those things required of it pursuant to Clause 7;
| | ----- | -----------------------------------------------------------------------------------------------------------------



| | 2.3.4 | upon receipt of a direction from Santander UK, assist in downstreaming funds to a Requesting Entity pursuant to Clause 8.4; and
| | ----- | -------------------------------------------------------------------------------------------------------------------------------



| | 2.3.5 | comply with any Funding Notice from a Regulated Entity in accordance with Clause 9.
| | ----- | -----------------------------------------------------------------------------------

Santander UK agrees and undertakes to each other Party that it will apply all Upstream Funds received by it in accordance with
Clause 8.



| | 2.4 | Acknowledgement
| | --- | ---------------

Each of the Parties acknowledges that the purpose of entering into this Capital Support Deed is to enable the Core UK Group to
secure a modification of a regulatory requirement under the CRR that would otherwise require each Regulated Entity to apply disadvantageous risk weightings to Exposures to other Core UK Group Members, which Exposures result from the provision,
amongst other things, of funding or facilities by the Regulated Entities to other Core UK Group Members. It is acknowledged by each Core UK Group Member that the terms of such funding or facilities are more advantageous than those that could
otherwise be obtained from external lenders.





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|3. | UTILISATION
|-- | -----------



| | 3.1 | Delivery of a Utilisation Request
| | --- | ---------------------------------

Each Regulated Entity may utilise the Upstreaming Arrangements by delivery to some or all of the Core UK Group Members (each a
Funding Entity) of a duly completed Utilisation Request. Each Utilisation Request shall be copied to Santander UK.



|4. | CONDITIONS TO UTILISATION
|-- | -------------------------



| | 4.1 | Conditions to Utilisation
| | --- | -------------------------

No Funding Entity shall be obliged to do those things required of it pursuant to Clause 5 unless:



| | 4.1.1 | on the date of the Utilisation Request, the Requesting Entity has breached, or reasonably believes that it will breach, its Own Funds Requirements,
and has certified the same to the Funding Entity in the Utilisation Request;
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 4.1.2 | the Requesting Entity has delivered to the Funding Entity a duly executed Utilisation Request; and
| | ----- | --------------------------------------------------------------------------------------------------



| | 4.1.3 | at the time of receipt of the Utilisation Request the Funding Entity is a Core UK Group Member.
| | ----- | -----------------------------------------------------------------------------------------------



|5. | UPSTREAMING ARRANGEMENTS
|-- | ------------------------



| | 5.1 | Provided that the conditions set out in Clause 4 have been met, the Funding Entity shall, promptly (having regard to any requirements of applicable
law or regulation) realise and pay out of its Available Resources an amount equal to, or as close as possible to, the Utilisation Sum by means of:
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 5.1.1 | declaring and making a distribution of cash to its members (whether by way of dividend or otherwise) in accordance with Part 23 of the Companies
Act 2006;
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------



| | 5.1.2 | repurchasing or redeeming its members shares for cash in accordance with Part 18 of the Companies Act 2006; and/or
| | ----- | -------------------------------------------------------------------------------------------------------------------



| | 5.1.3 | undertaking a reduction or other reorganisation of its capital in order to maximise its distributable profits available for undertaking such
distribution or repurchase or redemption of shares;
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

the sums realised and paid to its members by each
Funding Entity by such means being the Upstream Funds. The Upstream Funds shall be paid to the members of the Funding Entity or, as such members of the Funding Entity entitled to be paid them shall direct. To the extent that the
Requesting Entity is a member of the relevant Funding Entity, the receipt by it of funds under this Clause 5.1 shall satisfy the obligations of the Funding Entity with respect to such Utilisation Request but this will not prevent the Requesting
Entity serving one or more further Utilisation Requests on one or more other Funding Entities in respect of the balance (if any) of the Utilisation Sum.



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| | 5.2 | Any Core UK Group Member (other than Santander UK or the Requesting Entity) which receives Upstream Funds by reason of being a member of a Funding
Entity shall, on a prompt and timely basis, undertake the same actions as those required of a Funding Entity pursuant to Clause 5.1 in order, so far as legally practicable, to pass any Upstream Funds received by such Core UK Group Member from the
Funding Entity (or which would have been so received by such Core UK Group Member but for a direction given by it under Clause 5.1) to its members, or as its members may direct, and so on, by each Core UK Group Member so receiving Upstream Funds (or
who would have received such funds as aforesaid), mutatis mutandis, until the Upstream Funds are received by Santander UK or the Requesting Entity itself.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 5.3 | If the Funding Entity receiving a Utilisation Request is, in relation to a Requesting Entity, its Parent, the Funding Entity shall, subject to the
conditions set out in Clause 4 having been met, satisfy its obligations under this Clause 5 by providing the Utilisation Sum, or if less, the amount equal to its Available Resources, to the Requesting Entity directly (or through any other Core UK
Group Member of which it is a Parent) using, at its option, one or more of the mechanisms referred to in Clause 8.2 (if the Utilisation Request specifies that CET One Capital is required) or, in any other case, one or more of the mechanisms referred
to in Clause 8.3. In such circumstances, any Core UK Group Member of which the Funding Entity is a Parent and which itself is a Parent of the Requesting Entity, shall, to the extent required by the Funding Entity, comply with the provisions of
Clause 8.4 mutatis mutandis to ensure that the relevant Utilisation Sum and/or Available Resources (as the case may be) are received by the Requesting Entity.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|6. | AVAILABLE RESOURCES
|-- | -------------------



| | 6.1 | A Core UK Group Member will only be obliged to make Upstream Funds available pursuant to Clause 5 to the extent that its aggregate obligations
under Clause 5.1 and/or 5.2 and/or 5.3 (as the case may be), and, if applicable, under Clause 7, in its sole and absolute discretion, will not, when paid in accordance with Clauses 5.1 and/or 5.2 and/or 5.3 and/or Clause 7 (as
applicable), exceed the Available Resources of the Funding Entity. A Core UK Group Member will only be obliged to comply with a Funding Notice pursuant to Clause 9 to the extent that it has Available Resources.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 6.2 | For the purposes of determining whether it has Available Resources a Funding Entity shall be entitled to assume (whether or not it shall have
received a Repayment Request) that, to the extent that the Regulated Entity serving the Utilisation Request or Funding Notice has provided any Group Facility to the Funding Entity, sums drawn down under that Group Facility will be required to be
repaid if due and payable and the Group Facility will be cancelled.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 6.3 | To the extent that a Funding Entity or another Core UK Group Member in receipt of Upstream Funds determines that its Available Resources are
insufficient to satisfy the Utilisation Sum in full or, as the case may be, pass an upstream amount equal to the Upstream Funds received in accordance with Clause 5.2, it will (without prejudice to complying with its obligation to comply with the
Utilisation Request, or pass on Upstream Funds, in accordance with Clause 5 to the extent of its Available Resources) promptly (that is within 2 Business Days if practicable), and in any event within 5 Business Days of the date of the Utilisation
Request, notify in writing the Requesting Entity and Santander UK of the amount of its Available Resources. It will also, in all cases where it receives a Utilisation Request or receives (or will receive) Upstream Funds, notify Santander UK and the
Requesting Entity promptly (that is within 2 Business Days if practicable), and in any event within 5 Business Days of the Utilisation Request, of the estimated time which it will require (which estimated time shall be as soon as practicable taking
into account compliance with any applicable legal and regulatory requirements and the need to realise any relevant resources) to effect the transfer of the relevant Upstream Funds in accordance with Clause 5.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





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|7. | REPAYMENT OF SUMS ADVANCED UNDER A GROUP FACILITY
|-- | -------------------------------------------------



| | 7.1 | Effect of Repayment Request
| | --- | ---------------------------

Subject to the below, the Parties hereby confirm that upon the delivery of a Repayment Request to a Funding Entity (the
Relevant Date), the sums outstanding under the terms of a Group Facility (or if there is more than one outstanding, the Group Facilities) between the Requesting Entity and the Funding Entity which, pursuant to
their terms, are on demand (howsoever described and with the effect that amounts due thereunder are capable of becoming immediately due and payable upon a demand by the Requesting Entity) (an On Demand Group Facility,
and such amounts outstanding, the On Demand Amounts) are at least equal to the amount stated in the Repayment Request (or, if less, the amount equal to the Available Resources of such Funding Entity) (such amount, the
Relevant Amount).



| | 7.2 | Conditions to issue of Repayment Request
| | --- | ----------------------------------------



| | 7.2.1 | No Repayment Request shall be served on any Party under this Deed unless, on the date of the Repayment Request, the Requesting Entity has or
reasonably believes that it will breach its Own Funds Requirements and has certified the same to the Recipient in the Repayment Request.
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.2.2 | Upon receipt of a Repayment Request the Funding Entity shall promptly, but in any event within 2 Business Days, repay to the Regulated Entity
issuing the Repayment Request the amount specified in the Repayment Request or, if less, the amount of its Available Resources. For these purposes the Funding Entity, in calculating its Available Resources, shall take into account its obligation to
pay Upstream Funds pursuant to any Utilisation Request received by the Funding Entity (whether or not such Upstream Funds shall have been actually paid at the date of the Repayment Notice).
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.2.3 | To the extent that the Available Resources of a Funding Entity as aforesaid are less than the amount specified in the Repayment Request, the
Funding Entity will promptly, but in any event within 2 Business Days of the Repayment Request, notify in writing the Requesting Entity and Santander UK of the amount of its Available Resources.
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.2.4 | A Regulated Entity shall utilise the DLG Facility Agreement in preference to serving a Repayment Request on another Regulated Entity.
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------



|8. | OBLIGATION OF SANTANDER UK TO PROVIDE ELIGIBLE CAPITAL TO A REGULATION ENTITY
|-- | -----------------------------------------------------------------------------



| | 8.1 | Santander UK shall promptly apply all amounts received by it as Upstream Funds under the Upstreaming Arrangements described in Clause 5 hereof in
accordance with this Clause 8.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 8.2 | Common Equity Tier One Capital
| | --- | ------------------------------

Where a Utilisation Request specifies that the Requesting Entity requires CET One Capital, Santander UK shall apply the
Upstream Funds actually received by it from a Funding Entity or any other Core UK Group Member pursuant to such Utilisation Request either:



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| | 8.2.1 | to the extent that it is legally possible to do so, in subscribing for ordinary shares in the Requesting Entity at a price per share equal to the
par value of such shares; or
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 8.2.2 | to the extent that it is legally impossible for any reason (including, but not limited to, any provision of the Companies Act 2006) for Santander
UK to apply the full amount of the Upstream Funds received by it in accordance with Clause 8.2.1, or Santander UK determines that, although legally possible, it prefers not to do so, by transferring to the Requesting Entity Account by way of capital
contribution such portion of the Upstream Funds as are not applied in accordance with Clause 8.2.1.
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 8.3 | Other Eligible Capital
| | --- | ----------------------

Where the Utilisation Request does not specify that the Requesting Entity requires CET One Capital, Santander UK shall apply
the Upstream Funds actually received by it from a Funding Entity or any other Core UK Group Member pursuant to such Utilisation Request at the option of Santander UK in the form of a loan, subscription for shares, capital contribution or such other
form as Santander UK may determine, provided that such form should satisfy the applicable requirements for the Requesting Entity having received such funds, to meet its Own Funds Requirements, provided that the aggregate amount applied in accordance
with this Clause 8 shall equal the amount of the Upstream Funds so received by Santander UK.



| | 8.4 | Santander UK may at its option, in lieu of itself providing the Upstream Funds directly to the Requesting Entity, pursuant to this Clause 8.4,
provide such Upstream Funds to another Core UK Group Member on condition that such other Core UK Group Member applies such Upstream Funds in accordance with the terms of this Clause 8 as if it were Santander UK, mutatis mutandis, and each
Party undertakes that, upon receipt of such Upstream Funds, it will (unless it is itself a Requesting Entity in relation to such Upstream Funds) comply with the provisions of this Clause 8.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|9. | FUNDING COMMITMENT
|-- | ------------------



| | 9.1 | To the extent that any Requesting Entity has served one or more Utilisation Requests and/or one or more Repayment Requests in accordance with this
Deed and, within 2 Business Days of serving the first such Request, has not received confirmation that it will receive funds equal to the Shortfall within a period which the Requesting Entity, considers to be satisfactory to rectify its capital
resources position it may serve a further notice or notices on any one or more Core UK Group Members (a Funding Notice) requesting each such Core UK Group Member(s) to apply such amount specified in the Funding Notice (the
Funding Amount), or if less, an amount equal to its Available Resources in making a loan to the Requesting Entity on such terms as the Requesting Entity may request (provided that such terms should satisfy the applicable
requirements for the Requesting Entity to meet its Own Funds Requirements). The Funding Notice shall be copied to Santander UK. On receipt of a Funding Notice the relevant Core UK Group Member will notify the Requesting Entity promptly and in any
event within 2 Business Days of the amount of its Available Resources or confirm that its Available Resources exceed the Funding Amount specified in the Funding Notice and shall advance the Funding Amount (or, if less, an amount equal to the
Available Resources) to the Requesting Entity promptly but in any event within 5 Business Days of the date of the Funding Notice. The maximum aggregate amount which the Core UK Group Members may be required to advance under this Clause shall not
(together with sums paid pursuant to any relevant Utilisation Request or Repayment Request) exceed the amount of the Shortfall.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 9.2 | No Funding Entity shall be obliged to advance a Funding Amount to a Requesting Entity under this Clause 9 unless at the time of the Funding Notice
the Funding Entity is a Core UK Group Member.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



- 9 -



---

| | 9.3 | If it considers the Shortfall needs to be rectified within a period shorter than that which would be practicable by following the Upstreaming
Arrangements in Clause 5 or the delivery of a Repayment Request pursuant to Clause 7, a Requesting Entity may issue one or more Funding Notices under this Clause 9 without first serving any Utilisation Requests under Clause 5, or Repayment Requests
under Clause 7.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|10. | WARRANTIES
|--- | ----------



| | 10.1 | Each Party warrants to each other Party as at the date of this Deed in the terms set out in Clauses 10.2 to 10.4 below.
| | ---- | -----------------------------------------------------------------------------------------------------------------------



| | 10.2 | Incorporation and existence
| | ---- | ---------------------------

The Party is:



| | 10.2.1 | in the case of each of the Core UK Group Members (apart from Abbey National Treasury Services Overseas Holdings), a limited company duly
incorporated under the law of England and Wales and has been in continuous existence since incorporation; and
| | ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.2.2 | in the case of each of Abbey National Treasury Services Overseas Holdings, an unlimited company duly incorporated under the law of England and
Wales, and has been in continuous existence since incorporation.
| | ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.3 | Right, power, authority and action
| | ---- | ----------------------------------

The Party has the right, power and authority, and has taken all action necessary, to execute, deliver and exercise its rights,
and perform its obligations, under this Deed and each document to be executed in connection with it.



| | 10.4 | Binding agreements
| | ---- | ------------------

The Partys obligations under this Deed and each document to be executed in connection with it are, or when the relevant
document is executed will be, legally enforceable.



|11. | TERMINATION
|--- | -----------



| | 11.1 | Voluntary Termination
| | ---- | ---------------------

Each Core UK Group Member (a Terminating Member) may terminate its rights and obligations under this Deed
by giving not less than 3 months (or such shorter period as Santander UK agrees to accept) written notice (a Termination Notice) to Santander UK. On the date specified in the notice such Core UK Group Member will cease to be a
Core UK Group Member (the Termination Date).



| | 11.2 | Termination where Party ceases to be eligible as a Core UK Group Member
| | ---- | -----------------------------------------------------------------------

If a Party ceases to be eligible to be a Core UK Group Member it shall be immediately relieved of its further obligations
under this Deed (but without affecting its accrued rights and obligations under this Deed as of that date) and shall no longer be entitled (if it was so entitled) to issue any Utilisation Request, Repayment Request or Funding Notice hereunder.



| | 11.3 | Effect of Termination Notice
| | ---- | ----------------------------

The following shall apply in respect of each Termination Notice:



- 10 -



---

| | 11.3.1 | On the Termination Date, the further rights and obligations of the Terminating Member (as defined above) shall cease, but termination shall not
affect a Partys accrued rights and obligations under this Deed at the date of termination.
| | ------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 11.3.2 | Any Termination Notice delivered under Clause 11.1 shall be irrevocable.
| | ------ | ------------------------------------------------------------------------



| | 11.4 | Termination where PRA revokes Core Group Waiver
| | ---- | -----------------------------------------------

If at any time, the PRA revokes its concession to allow some (or all) of the Regulated Entities to benefit from a Core Group
Waiver (each entity subject to the revocation, an Affected Party and each Party not subject to such revocation, a Non-Affected Party), then the further rights and obligations of each Affected Entity under this
Deed shall cease to be effective on such date, provided that such termination shall not affect either an Affected Entitys accrued rights and obligations under this Deed at the date of termination or a Non-Affected Partys continuing
rights and obligations under this Deed.



|12. | COSTS AND EXPENSES
|--- | ------------------



| | 12.1 | Transaction expenses
| | ---- | --------------------

Each Party will bear all its own costs and expenses (including, but not limited to, legal fees) incurred in connection with
the negotiation, preparation, printing and execution of this Deed and any other documents referred to in this Deed.



|13. | CHANGES TO THE PARTIES
|--- | ----------------------



| | 13.1 | Save as expressly provided hereunder, no Party may assign any of its rights or transfer any of its rights or obligations under this Deed.
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------



| | 13.2 | Each Party agrees that Santander UK shall (by giving reasonable notice to the other Parties hereto) have the right to designate any additional
entities which, from time to time, become eligible to become a Core UK Group Member, as a Party to this Deed (a New Member Designation).
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 13.3 | Any such New Member Designation shall be effected as of (and with effect from) the date on which such new entity accedes to the terms of this Deed
as if it were an original Party substantially on the terms set out in Schedule 6 to this Deed and thereafter all references to a Party (and, as applicable to Regulated Entities or Unregulated Entities) shall be deemed to refer to such additional
Core UK Group Member, as the context may require.
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|14. | NOTICES
|--- | -------



| | 14.1 | Communications in writing
| | ---- | -------------------------

Any communication to be made under or in connection with this Deed shall be made in writing and, unless otherwise stated, may
be made by fax, letter or electronic mail.



| | 14.2 | Addresses
| | ---- | ---------

The address, fax number and electronic mail address (and the department or officer, if any, for whose attention the
communication is to be made) of each Party for any communication or document to be made or delivered under or in connection with this Deed is set out in Schedule 1 or Schedule 2, as applicable or any substitute address, fax number, electronic mail
address or department or officer as Santander UK may notify to the other Parties by not less than five Business Days notice.





- 11 -



---

| | 14.3 | Delivery
| | ---- | --------

Any communication or document made or delivered by one Party to another under or in connection with this Deed will only be
effective:



| | 14.3.1 | if by way of fax, when received in legible form;
| | ------ | ------------------------------------------------



| | 14.3.2 | if by way of letter, when it has been left at the relevant address or five Business Days after being deposited in the post (with postage prepaid in
an envelope addressed to it at that address); or
| | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 14.3.3 | if by way of electronic mail, when actually received in readable form,
| | ------ | ----------------------------------------------------------------------

and, if a particular department or officer is specified as part of its address details provided under Clause 14.2, if
addressed to that department or officer or to such other address, department or officer as may have been notified by Santander UK for the purpose from time to time hereunder.



|15. | PARTIAL INVALIDITY
|--- | ------------------

If, at any time, any provision of this Deed is or becomes illegal, invalid or unenforceable in any respect under any law of
any jurisdiction, neither the legality, validity or enforceability of the remaining provisions nor the legality, validity or enforceability of such provision under the law of any other jurisdiction will in any way be affected or impaired.



|16. | REMEDIES AND WAIVERS
|--- | --------------------

No failure to exercise, nor any delay in exercising, on the part of the Funding Entity, any right or remedy under this Deed
shall operate as a waiver of any such right or remedy or constitute an election to affirm this Deed. No election to affirm this Deed on the part of the Funding Entity shall be effective unless it is in writing. No single or partial exercise of any
right or remedy shall prevent any further or other exercise or the exercise of any other right or remedy. The rights and remedies provided in this Deed are cumulative and not exclusive of any rights or remedies provided by law.



|17. | AMENDMENTS
|--- | ----------

Any term of this Deed may be amended only with the consent of each Party hereto.



|18. | ENTIRE DEED
|--- | -----------

This Deed constitutes the entire agreement between the Parties and each Party acknowledges that it has not relied upon any
representations, warranties, collateral contracts or other assurances in entering into this Deed.



|19. | COUNTERPARTS
|--- | ------------

This Deed may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts
were on a single copy of this Deed.



- 12 -



---

|20. | GOVERNING LAW
|--- | -------------

This Deed and any non-contractual obligations arising out of or in connection with it are governed by English law.



|21. | ENFORCEMENT
|--- | -----------



| | 21.1 | Jurisdiction
| | ---- | ------------



| | 21.1.1 | The courts of England have exclusive jurisdiction to settle any dispute arising out of or in connection with this Deed (including a dispute
relating to the existence, validity or termination of this Deed or the consequences of its nullity or any non-contractual obligation arising out of or in connection with this Deed) (a Dispute).
| | ------ | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 21.1.2 | Subject to Clause 21.1.1 above, the Parties agree that the courts of England are the most appropriate and convenient courts to settle Disputes and
accordingly no Party will argue to the contrary.
| | ------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



- 13 -



---

This Deed has been entered into on the date stated at the beginning of this Deed by:



|                                                          |  |                             |  | 
|--------------------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                                     |  | /s/ Antonio Roman           |  | 
|For and on behalf of Abbey National Treasury
Services plc |  |                            
|                                                          |  |                            
|In the presence of:
Witness signature                     |  | /s/ Steve Moulton-Brady     |  | 
|                                                          |  |                            
|Witness name:                                             |  | Steve Moulton-Brady         |  | 
|                                                          |  |                            
|Witness address:                                          |  | Castle Cottage              |  | 
|                                                          |  |                            
|                                                          |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                          |  |                            
|Executed as a deed by                                     |  | /s/ Alan Mathewson          |  | 
|For and on behalf of Cater Allen Limited                  |  |                            
|                                                          |  |                            
|In the presence of:
Witness signature                     |  | /s/ Steve Moulton-Brady     |  | 
|                                                          |  |                            
|Witness name:                                             |  | Steve Moulton-Brady         |  | 
|                                                          |  |                            
|Witness address:                                          |  | Castle Cottage              |  | 
|                                                          |  |                            
|                                                          |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                          |  |                            
|Executed as a deed by                                     |  | /s/ Shaun Coles             |  | 
|For and on behalf of Santander UK plc                     |  |                            
|                                                          |  |                            
|In the presence of:
Witness signature                     |  | /s/ Steve Moulton-Brady     |  | 
|                                                          |  |                            
|Witness name:                                             |  | Steve Moulton-Brady         |  | 
|                                                          |  |                            
|Witness address:                                          |  | Castle Cottage              |  | 
|                                                          |  |                            
|                                                          |  | Lullingstone, Kent, DA4 0JA |  | 



- 14 -



---

|                                                |  |                             |  | 
|----------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                           |  | /s/ Shaun Coles             |  | 
|For and on behalf of 2 & 3 Triton Limited       |  |                            
|                                                |  |                            
|In the presence of:
Witness signature           |  | /s/ Steve Moulton-Brady     |  | 
|                                                |  |                            
|Witness name:                                   |  | Steve Moulton-Brady         |  | 
|                                                |  |                            
|Witness address:                                |  | Castle Cottage              |  | 
|                                                |  |                            
|                                                |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                |  |                            
|Executed as a deed by                           |  | /s/ Adam Mussert            |  | 
|For and on behalf of A & L CF March (5) Limited |  |                            
|                                                |  |                            
|In the presence of:
Witness signature           |  | /s/ Steve Moulton-Brady     |  | 
|                                                |  |                            
|Witness name:                                   |  | Steve Moulton-Brady         |  | 
|                                                |  |                            
|Witness address:                                |  | Castle Cottage              |  | 
|                                                |  |                            
|                                                |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                |  |                            
|Executed as a deed by                           |  | /s/ Adam Mussert            |  | 
|For and on behalf of A & L CF June (3) Limited  |  |                            
|                                                |  |                            
|In the presence of:
Witness signature           |  | /s/ Steve Moulton-Brady     |  | 
|                                                |  |                            
|Witness name:                                   |  | Steve Moulton-Brady         |  | 
|                                                |  |                            
|Witness address:                                |  | Castle Cottage              |  | 
|                                                |  |                            
|                                                |  | Lullingstone, Kent, DA4 0JA |  | 



- 15 -



---

|                                                                        |  |                             |  | 
|----------------------------------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                                                   |  | /s/ Andrew Honey            |  | 
|For and on behalf of Abbey National Treasury
Services Overseas Holdings |  |                            
|                                                                        |  |                            
|In the presence of:
Witness signature                                   |  | /s/ Steve Moulton-Brady     |  | 
|                                                                        |  |                            
|Witness name:                                                           |  | Steve Moulton-Brady         |  | 
|                                                                        |  |                            
|Witness address:                                                        |  | Castle Cottage              |  | 
|                                                                        |  |                            
|                                                                        |  | Lullingstone, Kent, DA4 0JA |  | 



- 16 -



---

|                                                                |  |                             |  | 
|--------------------------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                                           |  | /s/ Adam Briggs             |  | 
|For and on behalf of Santander Lending Limited                  |  |                            
|                                                                |  |                            
|In the presence of:
Witness signature                           |  | /s/ Harpreet Phagura        |  | 
|                                                                |  |                            
|Witness name:                                                   |  | Harpreet Phagura            |  | 
|                                                                |  |                            
|Witness address:                                                |  | 99 Robin Hood Lane          |  | 
|                                                                |  |                            
|                                                                |  | Chatham, Kent, ME5 9NN      |  | 
|                                                                |  |                            
|Executed as a deed by                                           |  | /s/ Adam Mussert            |  | 
|For and on behalf of Santander Asset Finance (December) Limited |  |                            
|                                                                |  |                            
|In the presence of:
Witness signature                           |  | /s/ Steve Moulton-Brady     |  | 
|                                                                |  |                            
|Witness name:                                                   |  | Steve Moulton-Brady         |  | 
|                                                                |  |                            
|Witness address:                                                |  | Castle Cottage              |  | 
|                                                                |  |                            
|                                                                |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                                |  |                            
|Executed as a deed by                                           |  | /s/ Adam Briggs             |  | 
|For and on behalf of Santander Asset Finance plc                |  |                            
|                                                                |  |                            
|In the presence of:
Witness signature                           |  | /s/ Harpreet Phagura        |  | 
|                                                                |  |                            
|Witness name:                                                   |  | Harpreet Phagura            |  | 
|                                                                |  |                            
|Witness address:                                                |  | 99 Robin Hood Lane          |  | 
|                                                                |  |                            
|                                                                |  | Chatham, Kent, ME5 9NN      |  | 



- 17 -



---

|                                                            |  |                             |  | 
|----------------------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                                       |  | /s/ Jorge de la Vega        |  | 
|For and on behalf of Santander Cards Limited                |  |                            
|                                                            |  |                            
|In the presence of:
Witness signature                       |  | /s/ Jean Richardson         |  | 
|                                                            |  |                            
|Witness name:                                               |  | Jean Richardson             |  | 
|                                                            |  |                            
|Witness address:                                            |  | 13 The Paddocks             |  | 
|                                                            |  |                            
|                                                            |  | Wendover, HP22 6HE          |  | 
|                                                            |  |                            
|Executed as a deed by                                       |  | /s/ Jorge de la Vega        |  | 
|For and on behalf of Santander Cards UK Ltd                 |  |                            
|                                                            |  |                            
|In the presence of:
Witness signature                       |  | /s/ Jean Richardson         |  | 
|                                                            |  |                            
|Witness name:                                               |  | Jean Richardson             |  | 
|                                                            |  |                            
|Witness address:                                            |  | 13 The Paddocks             |  | 
|                                                            |  |                            
|                                                            |  | Wendover, HP22 6HE          |  | 
|                                                            |  |                            
|Executed as a deed by                                       |  | /s/ Reza Attar - Zadeh      |  | 
|For and on behalf of Santander Consumer Credit
Services Ltd |  |                            
|                                                            |  |                            
|In the presence of:
Witness signature                       |  | /s/ Steve Moulton-Brady     |  | 
|                                                            |  |                            
|Witness name:                                               |  | Steve Moulton-Brady         |  | 
|                                                            |  |                            
|Witness address:                                            |  | Castle Cottage              |  | 
|                                                            |  |                            
|                                                            |  | Lullingstone, Kent, DA4 0JA |  | 



- 18 -



---

|                                                         |  |                             |  | 
|-------------------------------------------------------- |  | --------------------------- |  | 
|Executed as a deed by                                    |  | /s/ Monica Cueva            |  | 
|For and on behalf of Santander Consumer (UK) plc         |  |                            
|                                                         |  |                            
|In the presence of:
Witness signature                    |  | /s/ Steve Moulton-Brady     |  | 
|                                                         |  |                            
|Witness name:                                            |  | Steve Moulton-Brady         |  | 
|                                                         |  |                            
|Witness address:                                         |  | Castle Cottage              |  | 
|                                                         |  |                            
|                                                         |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                         |  |                            
|Executed as a deed by                                    |  | /s/ Richard Truelove        |  | 
|For and on behalf ofSantander Estates Limited            |  |                            
|                                                         |  |                            
|In the presence of:
Witness signature                    |  | /s/ Steve Moulton-Brady     |  | 
|                                                         |  |                            
|Witness name:                                            |  | Steve Moulton-Brady         |  | 
|                                                         |  |                            
|Witness address:                                         |  | Castle Cottage              |  | 
|                                                         |  |                            
|                                                         |  | Lullingstone, Kent, DA4 0JA |  | 
|                                                         |  |                            
|Executed as a deed by                                    |  | /s/ Jorge de la Vega        |  | 
|For and on behalf of Santander Private Banking UKLimited |  |                            
|                                                         |  |                            
|In the presence of:
Witness signature                    |  | /s/ Jean Richardson         |  | 
|                                                         |  |                            
|Witness name:                                            |  | Jean Richardson             |  | 
|                                                         |  |                            
|Witness address:                                         |  | 13 The Paddocks             |  | 
|                                                         |  |                            
|                                                         |  | Wendover, HP22 6HE          |  | 



- 19 -



---

LOGO



- 20 -



---

LOGO



- 21 -



---

LOGO



- 22 -



---

SCHEDULE 3

UTILISATION REQUEST

Form
of Utilisation Request



|From: | [Requesting Entity]
|----- | -------------------



|To: | [Funding Entity]
|--- | ----------------

Copy:     [Santander UK]

Dated:

Dear Sirs



|                                    |  |         |  |     
|----------------------------------- |  | ------- |  | ----
|Capital
dated [] 2015 (the Deed) |  | Support |  | Deed

Utilisation Request



|1. | We refer to the Deed made between, inter alia, you and ourselves. This is a Utilisation Request. Terms used but not otherwise defined in
this Utilisation Request shall have the same meaning as in the Deed. We request that you attempt, pursuant to Clause 5 of the Deed, to realise the following Utilisation Sum by the means specified in that Clause:
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                 |  |        
|---------------- |  | -------
|Utilisation Sum: |  | [     ]



|2. | For the purposes of Clause 4.1, we hereby certify that on the date of this Utilisation Request we have breached, or believe that we will breach,
our Own Funds Requirements and the amount of the Utilisation Sum (aggregated with any other Utilisation Requests and Repayment Requests which are satisfied in full) will be no more than is reasonably required to rectify or avoid such breach.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|3. | For the purposes of Clause 8, we [require/do not require] Santander UK to contribute CET One Capital rather than a Santander UK Loan in the
following amount [    ].
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------



|4. | The Requesting Entity Account is [account].
|-- | -------------------------------------------



|5. | This Utilisation Request is irrevocable.
|-- | ----------------------------------------



|6. | This Utilisation Request and all matters arising from or connected with it are governed by English law and the courts of England have exclusive
jurisdiction to settle any dispute arising out of or in connection with this Utilisation Request (including a dispute relating to the existence, validity or termination of this Utilisation Request or the consequences of its nullity or any
non-contractual obligation arising out of or in connection with this Utilisation Request).
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Yours faithfully

...............................................................

authorised signatory for

[REQUESTING ENTITY]



- 23 -



---

SCHEDULE 4

REPAYMENT REQUEST

Form of Repayment
Request

[Obligors Address]

Dear Sirs,

[Date]

Capital Support Deed

dated [] 2015 (the Deed)

Repayment
Request

We refer to the Deed made between, inter alia, you and ourselves. This is a Repayment Request. Terms used but not
otherwise defined in this Repayment Request shall have the same meaning as in the Deed.

Pursuant to Clause 7 of the Deed and the
Utilisation Request delivered to you on [    ], we hereby give you notice that the outstanding amounts under each On Demand Group Facility owed by you to us, are now immediately due and payable, in an aggregate amount equal to
the Relevant Amount.

All payments should be made within [    ] days of the date hereof to the following account:

[Account Details]

This letter is without
prejudice to any other rights which we may have in respect of the amounts due in terms of the relevant On Demand Group Facility or as a matter of general law.

This Repayment Request and all matters arising from or connected with it are governed by English law and the courts of England have exclusive
jurisdiction to settle any dispute arising out of or in connection with this Repayment Request (including a dispute relating to the existence, validity or termination of this Repayment Request or the consequences of its nullity or any
non-contractual obligation arising out of or in connection with this Repayment Request).

Yours faithfully,

..............................................

[AUTHORISED
SIGNATORY]

For and on behalf of [NAME OF INTRA-GROUP LENDER]

Date .....................................................



- 24 -



---

SCHEDULE 5

FUNDING NOTICE

Form of
Funding Notice



|From: | [Requesting Entity]
|----- | -------------------

To:        [Core UK Group Member]

Copy:    [Santander UK]

Dated:

Dear Sirs

Capital Support Deed

dated [] 2015 (the Deed)

Funding
Notice



|1. | We refer to the Deed made between, inter alia, you and ourselves. This is a Funding Notice. Terms used but not otherwise defined in this
Funding Notice shall have the same meaning as in the Deed.
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | We request that you make, pursuant to [Clause 9.1]/ [Clause 9.3] of the Deed, a loan to us (such that we satisfy the applicable Own Funds
Requirements) in the following Funding Amount:
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|                |  |       
|--------------- |  | ------
|Funding Amount: |  | [    ]

or if less, an amount equal to your Available Resources.



|3. | As required pursuant to Clause 9.1:
|-- | -----------------------------------



| | (a) | please notify us within [    ] days of the date of this Funding Notice of the amount of your Available Resources or confirm
that your Available Resources exceed the Funding Amount specified above; and
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | please advance the Funding Amount (or, if less, an amount equal to the Available Resources) to us within [    ] days of the
date of this Funding Notice.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------



|4. | This Funding Notice and all matters arising from or connected with it are governed by English law and the courts of England have exclusive
jurisdiction to settle any dispute arising out of or in connection with this Funding Notice (including a dispute relating to the existence, validity or termination of this Funding Notice or the consequences of its nullity or any non-contractual
obligation arising out of or in connection with this Funding Notice).
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Yours faithfully

........................................................

authorised signatory for

[REQUESTING ENTITY]



- 25 -



---

SCHEDULE 6

DEED OF ADHERENCE

Form
of Deed of Adherence

THIS DEED OF ADHERENCE is made on [    ] 20[    ]

BY [    ] of [    ] (the Covenantor) in favour of the persons whose names are set
out in the schedule to this Deed and for the benefit of every other person who becomes a party to the Capital Support Deed (as subsequently defined) after the date of this Deed and is SUPPLEMENTAL to a Capital Support Deed dated
[    ] 2015 made between the parties thereto (the Capital Support Deed).

INTRODUCTION:



|(A) | The Covenantor has become, or will on or about the date of this Deed become, a Core UK Group Member.
|--- | ----------------------------------------------------------------------------------------------------



|(B) | This Deed is made in compliance with Clause 13of the Capital Support Deed under which each Party to the Capital Support Deed undertakes to procure,
to the extent reasonably within its power to do so, that any entity which shall from time to time become eligible to become a Core UK Group Member shall accede to the terms of the Capital Support Deed as if it were an original Party thereto.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|(C) | Words and expressions defined in the Capital Support Deed shall have the same meaning when used in this Deed.
|--- | -------------------------------------------------------------------------------------------------------------

THIS DEED WITNESSES as follows:



|1. | The Covenantor confirms that it has been given, and that its directors and/or officers have read, a copy of the Capital Support Deed and, pursuant
to Clause 13of the Capital Support Deed, covenants with and for the benefit of each person named in the schedule to this Deed and for the benefit of any other person who becomes a Party to the Capital Support Deed after the date of this Deed to
perform, comply with and be bound by all the terms of the Capital Support Deed as if the Covenantor was an original Party to the Capital Support Deed and was named in it as a [Regulated Entity] [Unregulated Entity] with the intent that the
Covenantor shall be entitled to the rights and subject to the obligations of a [Regulated Entity] [Unregulated Entity] thereunder.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | The address of the Covenantor for the purposes of Clause 14 (Notices) of the Capital Support Deed is [as above][as follows]:
|-- | ----------------------------------------------------------------------------------------------------------------------------

[                    ]

Fax No:
  [                                       
                   ]

Email
Address:  [                                      
         ]

(for the attention
of:  [                                       ])



|3. | This Deed and all matters arising from or connected with it are governed by English law and the Covenantor agrees to submit to the exclusive
jurisdiction of the courts of England. The terms of clauses 20 (Governing Law) and 21 (Enforcement) of the Capital Support Deed shall apply to this Deed as if they were each incorporated in it.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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IN WITNESS WHEREOF this Deed has been executed by the Covenantor and is intended to be and
is delivered as a deed on the date written at the beginning of this Deed.

Executed by the Covenantor as a Deed

[Execution block]

SCHEDULE

[Parties to Capital Support Deed including those who have executed earlier deeds of adherence.]



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