Credit Rating Report

Banner Trust, Reliant Trust, Merit Trust, Zeus Receivables Trust, and Rideau Trail Funding Trust, Transaction 103 Summary

ABCP

Summary

DBRS Limited (Morningstar DBRS) confirmed its credit ratings of R-1 (high) (sf) on Rideau Trail Funding Trust (Rideau), Series A Senior Short-Term Notes (the Notes). The credit rating confirmation is based on the addition of a new transaction to Rideau (Transaction 103) on July 14, 2025.