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© 2023 Egan-Jones Ratings Company

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EGAN-JONES IS NOT REGISTERED AS A NATIONALLY-RECOGNIZED STATISTICAL RATING ORGANIZATION (“NRSRO”) IN RESPECT OF ISSUERS OF “ASSET-BACKED SECURITIES”, “GOVERNMENT SECURITIES”, “MUNICIPAL SECURITIES” OR SECURITIES ISSUED BY A FOREIGN GOVERNMENT (ALL AS DEFINED IN THE FEDERAL SECURITIES LAWS).