Regulatory Disclosures For Each Credit Rating Including Ratings List Table

Disclosures include requirements relating to press releases or reports published in accordance with Article 10(1), 10(2), and 10(5), and Annex I, Section D, I, 1, 2, 2a, 4, and 5. These requirements are available by rating via the link titled "Regulatory Disclosure" and include, but are not limited to:

• Key Elements Underlying The Credit Rating
• ESG Credit Factors
• Solicited Or Unsolicited Status
• Analysts Primarily Responsible For The Credit Rating
• Office Responsible For The Credit Rating
• Materials Used In The Credit Rating Process
• Criteria Applied
• Models Applied, Loss, And Cash Flow Analysis Performed
• Scenario Analysis
• Sensitivity Analysis
• Risk Warning, Understanding Credit Rating Categorizations, And Criteria
• Rated Entity Notification
• Ancillary And Additional Services
• Attributes And Limitations Of The Credit Rating
• Information Specific To Structured Finance And Securitization Instruments

'sf' Identifier
The 'sf' identifier is assigned to ratings on structured finance or securitization instruments when required to comply with an applicable law or regulatory requirement or when S&P Global Ratings believes it appropriate. The addition of the 'sf' identifier to a rating does not change that rating's definition or our opinion about the issue's creditworthiness. For detailed information on the instruments assigned the 'sf' identifier, please see the appendix to "S&P Global Ratings Definitions" for the types of instruments that carry the 'sf' identifier. To see if a credit rating has a 'sf' identifier, visit the spglobal.com/ratings website and search for the rated entity.

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