03 April 2023

Blackstone Loan Financing Limited

("the Company")

Appointment of Non-Executive Director

The Company is pleased to announce that Mr Giles Adu has been appointed as a non-executive director to take effect from 1 May 2023 or, if later, the date on which the Jersey Financial Services Commission confirms that it has no objection to such appointment.

Mr Adu has over 25 years' experience in financial markets and real estate investment across fixed-income sales and trading, alternative investment fund structuring, capital raising and property investment, structuring and financing.  He is currently the Co-Founder and Investment Director of a commercial property fund and has previously held several senior advisory roles in fixed-income and debt capital management in investment banks, such as BNP Paribas and Credit Agricole, before launching an alternative investment fund advisory business.

Giles has held several non-executive director positions on companies, such as Emerging Markets International Fund ICC and Candela Investment Fund, and has many years' experience of fund structuring, governance and fundraising. Additionally, Mr Adu, a Jersey resident, holds an MSc in Financial Economics and a BA in Economics, and is a Chartered Alternative Investment Analyst Charterholder.

There are no matters in respect of Mr Giles Adu requiring disclosure under paragraphs 9.6.13 (1) to (6) of the Listing Rules.

Retirement of a Non-Executive Director

The Company wishes to announce that Mr Gary Clark, who has served as a non-executive director of the Company since its IPO, has informed the board of his intention to retire at the Company's next AGM (likely to be in July 2023) as he will have reached nine years of service. The board wishes to thank Gary for his significant contribution to the Company over that time and wish him every success in his future endeavours.

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