IN THE HIGH COURT OF JUSTICE

No: CR-2021-001311

BUSINESS AND PROPERTY COURTS

OF ENGLAND AND WALES

COMPANIES COURT (ChD)

IN THE MATTER OF

SILICON VALLEY BANK

and

IN THE MATTER OF

SVBUK Ltd

and

IN THE MATTER OF

PART VII OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

NOTICE IS HEREBY GIVEN that on 16 May 2022 Silicon Valley Bank (“SVB”) and SVBUK Ltd applied to the High Court of Justice of England and Wales for an Order under section 111(1) of the Financial Services and Markets Act 2000 (the “Act”) sanctioning a scheme (the “Scheme”) providing for the transfer to SVBUK Ltd of the entire business (with the exception of a small number of contracts, which constitute the Excluded Business) of the UK branch of SVB (“SVB UK Branch”) (the “Business”) and for the making of ancillary provisions in connection with the Scheme under section 112 of the Act.

The proposed transfer will result in the Business which is currently being carried on by SVB UK Branch being carried on by SVBUK Ltd. SVBUK Ltd intends to change its name to Silicon Valley Bank UK Limited following regulatory approval.

A copy of a statement setting out the terms of the Scheme and a copy of the full Scheme document may be obtained free of charge by contacting SVB using the telephone number or addresses set out below, or by visiting SVB's offices at Alphabeta, 14-18 Finsbury Square, London, EC2A 1BR. This can be done from the date of publication of this notice until the date on which the application is heard by the Court. These and other documents relating to the Scheme (including sample copies of the communications to customers) are also available on SVB’s website at svb.com/uk/subsidiary

All questions or concerns relating to the proposed transfer should be referred to SVB using the following telephone number or address:

Call: 0800 023 2401 or +44 204 576 9818 from outside the UK

Post: Silicon Valley Bank Subsidiary Transfer Team, PO Box 1117, CARDIFF, CF11 1UQ

Email: uksubsidiaryenquiries@svb.com

The application is expected to be heard at the Rolls Building, Fetter Lane, London EC4A 1NL on 25 July 2022. Any person who thinks that they may be adversely affected by the carrying out of the Scheme may attend the hearing and express their views either in person or by Counsel. It would be helpful if anyone wishing to attend could give notice of such intention to SVB before 17 July 2022, setting out the grounds of their objection or why they consider they may be adversely affected, by calling the above number or writing to the address above. Any person who does not intend to attend the Court hearing but wishes to make representations about the Scheme or considers that they may be adversely affected should communicate their views to SVB by calling the above number or writing to the address above, preferably before 17 July 2022

Slaughter and May

Solicitors to Silicon Valley Bank

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Financial Protection and Innovation (DFPI) and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license.