Common use of Eligible Credit Support Clause in Contracts

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL32 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Xxxxx’x Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s Xxxxx’x and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL12 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL6 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL23 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL3 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Xxxxx’x Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s Xxxxx’x and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL6 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL12 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ Collateral Type Valuation Percentages in respect of Moody’s Xxxxx’x Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s Xxxxx’x and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL35 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL15 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Xxxxx’x Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s Xxxxx’x and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL15 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL50 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%

Eligible Credit Support. The following items will qualify as “Eligible Credit Support” for Party A:‌ A: Collateral Type Valuation Percentages in respect of Moody’s Valuation Percentages in respect of DBRS (A) Provided Party B will not exceed its Prescribed Cash Limitation and subject to the provision immediately following this Eligible Credit Support chart, cash in the Base Currency 100% 100% (B) Negotiable Fixed Rate debt obligations denominated in USD issued by: the U.S. Treasury Department, (with local and foreign currency issuer ratings equal to or greater than Aa3 by Moody’s and AA(low) by DBRS) having a remaining time to maturity of: In relation to residual maturity as set out in the corresponding order under Collateral Type: In relation to residual maturity as set out in the corresponding order under Collateral Type: Initial Rating Event Subsequent Rating Event Initial Rating Event Subsequent Rating Event (assuming CBL46 CBL26 Covered Bonds are rated AA(sf) or higher by DBRS) (i) not more than one year; 100% 100% 99.7% 99.0%