Canadian Structured Finance (SF) Disclosures As required under Section 4.7 of Part 4 of Appendix A to National Instrument 25-101 Designated Rating Organizations, this document provides information about new Canadian securitized products submitted to DBRS Limited for its initial review or for preliminary rating, including whether the issuer requested the designated rating organization to provide a final rating. Transactions marked as (N) denotes that, at the time of publishing, this report a rating had yet to be assigned. Transactions marked as (FR) denotes that, at the time of publishing, this report the relevant issuer had requested DBRS to provide a final rating. Quarter 4 2015 Sector Month / Year Credit Cards October / 2015 Various October / 2015 Auto Loan November / 2015 Credit Cards November / 2015 Sector Month / Year CARDS II Trust (FR) Credit Cards August / 2015 Genesis Trust II (FR) Personal Line of Credit September / 2015 Equipment September / 2015 CMBS September / 2015 Eagle Credit Card Trust (FR) Credit Cards September / 2015 Canadian Credit Card Trust II (FR) Credit Cards September / 2015 CMBS September / 2015 Sector Month / Year WTH Car Rental ULC (FR) Auto Rental April / 2015 Canadian Credit Card Trust II (FR) Credit Cards April / 2015 Master Credit Card Trust II (FR) Credit Cards April / 2015 Golden Credit Card Trust (FR) Credit Cards April / 2015 CARDS II Trust (FR) SURE Trust (FR) Honda Canada Auto Receivables 2015-2 Owner Trust (FR) Golden Credit Card Trust (FR) Quarter 3 2015 CNH Capital Canada Receivables Trust (FR) Canadian Commercial Mortgage Origination Trust 3 (FR) Real Estate Asset Liquidity Trust Quarter 2 2015 CHIP Mortgage Trust (FR) Reverse Mortgages April / 2015 Personal Lines of Credit May / 2015 BMW Canada Auto Trust (FR) Auto Lease May / 2015 Glacier Credit Card Trust (FR) Credit Cards June / 2015 Golden Credit Card Trust (FR) Credit Cards June / 2015 Personal Lines of Credit June / 2015 Auto Lease June / 2015 Structured Credit May / 2015 CMBS June / 2015 Sector Month / Year Credit Cards January / 2015 Personal Lines of Credit February / 2015 Credit Cards March / 2015 Personal Line of Credit March / 2015 CMBS March/ 2015 Sector Month / Year Credit Cards November / 2014 Equipment November / 2014 CMLS Issuer Corp. (FR) CMBS November / 2014 Institutional Mortgage Securities Canada Inc. (FR) CMBS December / 2014 Sector Month / Year CMBS July / 2014 Auto Lease September / 2014 Credit Cards September / 2014 Hollis Receivables Term Trust II (FR) Hollis Receivables Term Trust II (N) MBARC Credit Canada Inc. (FR) Master Asset Vehicle I, Class C Notes (FR) MCAP CMBS Issuer Corporation Quarter 1 2015 CARDS II Trust (FR) Hollis Receivables Term Trust II (FR) Golden Credit Card Trust (FR) Genesis Trust II (FR) Real Estate Asset Liquidity Trust (FR) Quarter 4 2014 Golden Credit Card Trust (FR) CNH Capital Canada Receivables Trust (FR) Quarter 3 2014 Institutional Mortgage Securities Canada Inc. (FR) Silver Arrow Lease Canada (FR) Glacier Credit Card Trust (FR) 2 September / 2014 Real Estate Asset Liquidity Trust (FR) CMBS MCAP CMBS Issuer Corporation (FR) CMBS September/ 2014 Sector Month / Year Credit Cards April / 2014 Equipment May / 2014 Home Equity Lines of Credit May/ 2014 Auto Rental June / 2014 Hollis Receivables Term Trust II (FR) Personal Lines of Credit June / 2014 MCAP RMBS Issuer Corporation (FR) RMBS June / 2014 Sector Month / Year Credit Cards March / 2014 Auto Loan March / 2014 Reverse Mortgages March / 2014 Sector Month / Year Equipment November / 2013 Master Credit Card Trust II (FR) Credit Cards November / 2013 Glacier Credit Card Trust (FR) Credit Cards November / 2013 Sector Month / Year Credit Cards July / 2013 Reverse Mortgages September / 2013 Credit Cards September / 2013 Auto Loans September / 2013 Various September / 2013 Quarter 2 2014 Master Credit Card Trust II (FR) CNH Capital Canada Receivables Trust (CCRT) (FR) Genesis Trust II (FR) WTH Car Rental ULC (FR) Quarter 1 2014 Golden Credit Card Trust (FR) Ford Auto Securitization Trust (FR) CHIP Mortgage Trust (FR) Quarter 4 2013 CNH Capital Canada Receivables Trust (CCRT) (FR) Quarter 3 2013 Master Credit Card Trust II (FR) CHIP Mortgage Trust (FR) Golden Credit Cards Trust (FR) Ford Auto Securitization Trust (FR) Banner Trust (FR) 3 Genesis Trust II (FR) 1 Eagle Credit Card Trust (FR) Quarter 2 2013 CNH Capital Canada Receivables Trust (CCRT) (FR) Hollis Receivables Term Trust II (FR) Ford Floorplan Auto Securitization Trust (FFAST) (FR) Quarter 1 2013 September / 2013 Credit Cards September / 2013 Sector Month / Year Equipment April / 2013 Personal Lines of Credit April / 2013 Auto Floorplan June / 2013 Sector Month / Year Auto Loans January / 2013 Golden Credit Card Trust (FR) Credit Cards February / 2013 Master Credit Card Trust II (FR) Credit Cards February / 2013 Canadian Credit Card Trust (FR) Credit Cards March / 2013 Sector Month / Year Golden Credit Card Trust (FR) Credit Cards October / 2012 Master Credit Card Trust II (FR) Credit Cards October / 2012 Glacier Credit Card Trust (FR) Credit Cards October / 2012 Various December / 2012 CARDS II Trust (FR) Credit Cards December / 2012 CARDS II Trust (FR) Credit Cards December / 2012 Ford Auto Securitization Trust (FR) Quarter 4 2012 Clarity Trust (FR) 1 Home Equity Lines of Credit Substantive feedback was initially provided to the client in Q4 2011. 4 Quarter 3 2012 Sector Month / Year Golden Credit Card Trust (FR) Credit Cards July / 2012 CARDS II Trust (FR) Credit Cards July / 2012 Equipment July / 2012 Credit Cards September / 2012 Auto Lease September / 2012 Credit Cards September / 2012 Equipment September / 2012 Sector Month / Year Credit Cards April / 2012 Structured Credit April / 2012 Auto Loans May / 2012 Credit Cards May / 2012 CIT Canada Equipment Receivables (CCER) ULC (FR) Golden Credit Card Trust (FR) Nissan Canada Auto Receivables Limited Partnership (FR) CARDS II Trust (FR) CNH Capital Canada Receivables Trust (FR) Quarter 2 2012 Canadian Credit Card Trust (FR) Master Asset Vehicle II (FR) Ford Asset Securitization Trust (FR) Glacier Credit Card Trust (FR) © 2016, DBRS Limited, DBRS, Inc. and DBRS Ratings Limited (collectively, DBRS). 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