Datacenter Facility - Saint-Herblain

1. Project Overview

The financed asset will be a commercial data center, in operation since 2008. It has been occupied by the same tenant for over fifteen years. A new lease signed in 2024 secures occupancy for an additional nine years, with indexed rent and long-term visibility. This will be a bond issuance carried out as part of a public offering of financial securities, subscribed and repaid in USDC.

The underlying currency is the € (euros)

2. Key Facts and financial terms

Fundraising Target: Up to €500,000, will be invested in a bond issued by the company owning the asset, SAS Isabelle. In this context, Lend will benefit from a conventional mortgage on the data center located in Saint Herblain, up to the invested amount, including interest.

Location: Saint-Herblain, Nantes Metropolitan Area.

Asset: This first operation on Lend will be a fixed income bond investment offering a contractual and fully predefined annual yield of 9%. Lend invests in a bond whose underlying asset is a real estate activity related to a data center. The return does not depend on the operational performance of the asset but on the proper execution of the underlying bond.

APR: 9% fixed for one year and renewal every year during 5 years. An extension may be possible if the underlying bond itself is extended, subject to approval by SAS Isabelle and then by the investors, following a double validation process.

Structure: Tokenized bonds

Underlying Property Value: ≈ €5,5M

Payout Frequency: Weekly

Operation Funding Date: 01/26/2026

First income distribution: 03/02/2026

Instrument: Tokenized bonds (security tokens)

3. Asset Summary

The bond agreement between Lend and SAS Isabelle, bearing a 9% interest rate, is backed by an asset owned by SAS Isabelle, namely a data center. The property is a modern, fully operational data center designed for cloud and digital services.

It benefits from:

• A long-term commercial tenant with a strong operational track record, currently leased at €600,000 per year
• Data center active since 2008 with continuous occupancy
• The same tenant has been operating for more than 15 years, demonstrating strong resilience
• A new commercial lease was signed in 2024, locking in the tenant for 9 additional years (tenant in place since 2009)
• A strategic position in a highly active economic zone
• 3,124 m² of operational space + 47 parking spots

The building is located in Saint-Herblain, a highly dynamic business district near Nantes, one of the largest and fastest-growing cities in France.

Nantes benefits from a strong tech ecosystem, growing demand for server infrastructure, and a highly resilient commercial property market. This combination strengthens both the operational reliability and the long-term value of the asset.