KBRA • One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories • Navarro purchased KBRA in 2015. Since acquisition the company has expanded it

eries of $12.6B. • In 2017, Resurgent saw revenues of $515MM and pre-tax eamings of $109MM For internal use only EFTA01394831 KBRA • One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories • Navarro purchased KBRA in 2015. Since acquisition the company has expanded its

sumer debt, and have generated cash recoveries of $12.66. In 2017, Resurgent saw revenues of $515MM and pre-tax earnings of $109MM KBRA One of 10 Nationally Recognized Statistical Rating Organizations (NRSROs) and one of only 5 fully licensed in all rating categories Navarro purchased KBRA in 2015. Since acquisition the company has expanded its