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MJKK or MSFJ(as applicable)hereby disclose that most issuers of debt securities(including corporate and municipal bonds,debentures,notes and commercial paper)and preferred stock rated by MJKK or MSFJ(as applicable)have,prior to assignment of any credit rating,agreed to pay to MJKK or MSFJ(as applicable)for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY550,000,000. MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements. REPORT NUMBER 1264496 4 28 May 2021 Lee County,NC:Annual Cernrnent on Lee County This document has been prepared for the use of Mitch Brigulio and is protected by law.It may not be copied,transferred or disseminated unless authorized under a contract with Moody's or otherwise authorized in writing by Moody's.