GRACECHURCH UTG NO. 422 LIMITED

Company number 04080380

Lloyd’s deposit trust deed (third party deposit) (reverse interavailable – corporate member version) (the trust deed) made between the company, canopius capital two limited (the continuing member), (canopius bermuda LTD) (the depositor) and the society incorporated by lloyd’s act 1871 by the name of lloyd’s (the society)

• Created: 28 May 2010
• Delivered: 10 June 2010
• Status: Outstanding
• Transaction Filed: Registration of a charge (MG01)

Persons entitled

• Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies

Amount secured

All sums due or to become due under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

All future profits of the underwriting business of the company at lloyd's, subject to any prior charge contained in the premiums trust deed.