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Investor Presentaiton

SLST Historical Speeds (1) 10 250 25 20 15 1-Month VPR By Months After Issuance (1) 1 3 5 7911 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 SLST 2018-1 SLST 2018-2 SLST 2019-1 SLST 2019-2 SLST 2019-3 SLST 2020-1 SLST 2020-2 SLST 2020-3 SLST 2021-1 SLST 2021-2 SLST 2022-1 SLST 2022-2 Pricing Assumption 2.5 2.0 1.5 1-Month CDR By Months After Issuance (1) AM 57 59 61 63 1.0 0.5 Ax 0.0 1 3 5 7 911 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 SLST 2018-1 SLST 2018-2 SLST 2019-1 SLST 2019-2 SLST 2020-1 SLST 2020-2 SLST 2020-3 SLST 2021-1 SLST 2019-3 SLST 2021-2 SLST 2022-1 SLST 2022-2 Pricing Assumption (1) Total prepayments and defaults as of September 2023 remittance date for SLST 2018-1 through SLST 2022-2. Data source: Bloomberg. CONFIDENTIAL SLST 2023-1 33 Prepared by Investments and Capital © Freddie Mac Markets
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