Announcing $460 Million FDIC SVB-23-23 Loan Sale

On behalf of the Federal Deposit Insurance Corporation (FDIC) in its capacity as Receiver for Silicon Valley Bridge Bank - Germany Branch, First Financial Network (FFN) is pleased to announce a competitive single round, sealed-bid sale of approximately $460 million in global funds banking debt, sponsor buyout debt, and venture & growth debt as well as leases and other assets in Frankfurt and Berlin. The loans, leases and other assets will be offered in pools for bidding purposes. Prospective bidders may submit bids for individual pools, a combination of pools and/or the entire portfolio.

SALE ACCESS

Access to online due diligence for Sale #SVB-23-23 is open to all bidders that meet FDIC's requirements.

To review the requirements and submit your vetting information simply follow the directions:

1) Register or sign into your account at ffncorp.com

2) Investor vetting will begin on June 14, 2023

3) Select the SVB-23-23 Sale

4) Follow the prompts to submit your information and vetting documents for review

QUALIFIED PARTICIPATING PARTIES

Banks authorized to conduct lending business in Germany, including German licensed branches of non-EEA banks and EEA licensed banks allowed to conduct lending business in Germany on the basis of the European Passport for financial services are encouraged to participate. Qualification to participate in this portfolio sale by other entities must be determined solely by such entity based upon its own legal advice.

This advertisement is an announcement only and does not constitute an offer to sell, or a solicitation of an offer to buy any loans and other assets or any interest therein. Information concerning the loans and other assets will be furnished only to accredited or qualified investors as defined by applicable laws being persons who generally demonstrate that they have a level of financial sophistication and resources sufficient to evaluate and bear the risks of an investment in the loans and other assets. The loans and other assets are offered "AS IS" and without any representations or warranties of any kind whatsoever by any entity. Furthermore, this advertisement does not involve, nor is it intended in any way to constitute an offer to sell or a solicitation of an offer to buy any ″security″ or ″securities″ within the meaning of any applicable securities law (including any warrants or rights to warrants, whether or not relating to the loans), nor an offer to sell or a solicitation of an offer to buy the loans or other assets to any person or entity in any jurisdiction in which such an offer would be unlawful.