Comenity Bank merges into Comenity Capital Bank; CCB becomes servicer for WFN credit card trusts

WORLD FINANCIAL NETWORK CREDIT CARD MASTER NOTE TRUST

On October 1, 2026, Bread Financial's indirect subsidiary Comenity Bank merged into Comenity Capital Bank, with CCB surviving and assuming all CB rights, duties and obligations as servicer.
CCB assumed servicing of the World Financial Network Credit Card Master Trust and Note Trust under Aug. 1, 2001 pooling and servicing and transfer and servicing agreements.
CCB is a Utah industrial bank, FDIC-insured, headquartered in Draper, UT, and confirmed as an Eligible Servicer under both securitization agreements.
CCB entered a Seventh Amended and Restated Service Agreement with Comenity Servicing LLC effective Oct. 1, 2026; two-year initial term; performance fee credits capped at 10% of monthly service fees.
CB had serviced the Master Trust credit card receivables since Jan. 17, 1996; CCB is an indirect wholly-owned subsidiary of Bread Financial Holdings.

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