U.S. Floorplan Risk Management

U.S. Lease Securitization Residual Maturity Vs. Enhancement Build 20% Residual Maturity by Vehicle Type vs. Hard Credit Enhancement for Class A Notes* Class A-4 Paid Down % of Residuals Maturing Each Period 15% 10% Class A-1 Paid Down 5% 0% Class A-2 Paid Down T Class A-3 Paid Down T 100% 90% 80% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Total Hard CE ■Car ■CUV ■SUV Truck Hard credit enhancement consists of overcollateralization, subordination and the reserve account; Assumes zero loss, zero prepays 65 63 Ford FORD CREDIT 70% 60% 50% 40% 30% 20% 10% 0% Securitization Value Hard Credit Enhancement as a % of O/S

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