RevoCar 2023-2 UG (haftungsbeschränkt): Rating Report

DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional credit ratings of AAA (sf), A (SF), BBB (sf), and BB (sf) on the Class A Notes, Class B Notes, Class C Notes, and Class D Notes (the Rated Notes; together with the unrated Class E Notes, the Notes), respectively, issued by RevoCar 2023-2 UG (haftungsbeschränkt) (the Issuer or RevoCar 2023-2). The Issuer is a company with limited liability incorporated under German law, acting as a special-purpose entity specifically
incorporated for the purpose of this transaction.