ARROW EXETER (PHASE 2) LIMITED

Natixis S.A., Acting Through Its London Branch as Security Agent

The chargor charged by way of first legal mortgage the leasehold land on the northwest side of belgrave road, exeter and the leasehold land on the south side of summerland street, exeter registered at the land registry with title numbers DN683755, DN698231 and DN725881.

Cbre Loan Services Limited as Security Agent

All that land known as the leasehold land on the north-west side of belgrave road, exeter registered at hm land registry under title number DN683755 pursuant to clause 2 and as described in schedule 2 of the accompanying copy instrument.

Cbre Loan Services Limited as Security Agent and Security Trustee for the Secured Parties

All present and future freehold or leasehold land including, but not limited to, the leasehold land comprising land on the south side of summerland street, exeter having title number DN698231 and all intellectual property pursuant to clause 3 and as further described in schedule 2 of the accompanying copy instrument.