Funding Agreement-Backed Note Program

Composition of Mortgage Loan Portfolio By Type 12% 8% 4% 0 26% 50% 36% By LTV Range 22% 40% Apartments ■Retail ■Industrial & other Office 50% LTV or below 51%-60% LTV 61%-70% LTV Hotels $5.3 billion total 8 Guardian Note: Financials as of December 31, 2021. Percentages may not sum to 100% due to rounding. 15

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