CEC-X Inc.

UNLOCKING SENIOR LOANS FOR BANKS AND INVESTORS CEC-X is an independent platform that provides banks and other lending institutions with an innovative and cost-effective credit risk management solution for CRE and Commercial and Industrial (C&I) loan portfolios that can help address challenges in the current market environment, including high interest rates, rising risks of default, and regulatory pressure to increase capital levels. CEC-X matches lenders, which handle loan origination, underwriting and servicing, with institutional credit investors seeking long-term, yield-enhanced credit exposures via our proprietary core product, the Credit Enhancement Contract (CEC). CECs are standardized, regulatory-compliant loan guarantees that can deliver a cost-neutral, high-ROE and repeatable loan-by-loan credit risk management solution that outperforms other solutions available in the market. CECs deliver superior risk management outcomes for banks by providing 45% credit support, reducing required regulatory capital by ~89%, enhancing loan economics, mitigating credit allowances, offsetting loan concentration, and ultimately delivering regulatory capital-lite lending models with higher bank loan ROE. Credit investors that provide the collateral for CEC guarantees can think of the CEC-X platform as a hyper-efficient channel of customizable bank loan origination (by type of loan, sector, fixed vs. floating, geography, maturity date, bank origination, or other factors) and a source of higher risk-adjusted returns due to the innovative structure of CEC yields.