Credit Ratings Global Policy

Morningstar DBRS has developed the Credit Ratings Global Policy ("Policy") to define the principles for, and types of, credit ratings that Morningstar DBRS produces and the manner in which Morningstar DBRS assigns and monitors credit ratings globally in accordance with applicable regulations and policies and procedures. This Policy is applicable to all Morningstar DBRS Covered Personnel across all jurisdictions in which Morningstar DBRS operates. Terms capitalized throughout the Policy are defined herein or in the Glossary.