Corporate/trust instrument (EFTA01377169)

Rating methodologies increasingly reflect new resolution regime and therefore require more differentiation SI A N DARD IVIOODVS &POOR'S Fitch Ratings Loss participation only if other sources Counterparty obligations (e.g. Deposits / Structured Notes I Derivatives / A3(cr)(1) BBB+(2) A(3) A(high) exhausted Swaps) Baa2 BBB+ A- A (low) Senior Long-term unsecured Short-term P-2 A2 F1 R-1 (low) Tier 2 Ba2 BB+ BBB+ Loss absorbing capacity Legacy T1 B1 B+ BB+ B1