U.S. Floorplan Risk Management

U.S. Retail Securitization Structure Overview % of Initial Securitization Value Credit enhancement in the retail securitization program includes: • Subordination of junior notes Cash reserve Excess spread (used to build target overcollateralization) Senior/subordinate, sequential pay structure Class A Notes ("AAA") 95.00% Target OC=Sum of: 2. 2.0% of initial adjusted pool balance 3. 1.5% of current pool balance less reserve Class B Notes ("AA") 3.00% Total Initial Class A 1. YSOC Class C Notes ("A") 2.00% Hard Credit Reserve Account 0.25% Enhancement 5.25% Excess Spread Initial Overcollateralization 0.00% 33 Ford FORD CREDIT

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