Truist Securities Daily Spotlight

Research evidence excerpt

Truist Securities Daily Spotlight

Truist Securities

H = Hold

S = Sell

D = Drop Coverage

CS = Coverage Suspended

NR = Not Rated

I = Initiate Coverage

T = Transfer Coverage

Truist Securities ratings distribution (as of 07/15/2026):

Coverage Universe Investment Banking Clients Past 12 Months

Rating Count Percent Rating Count Percent

Buy 485 66.35% Buy 140 28.87%

Hold 244 33.38% Hold 59 24.18%

Sell 2 0.27% Sell 1 50.00%

Other Disclosures

Certain information contained herein has been derived from third-party sources believed to be reliable but is not guaranteed as

to accuracy and does not purport to be a complete analysis of the security, company or industry involved. This report is not to be

construed as an offer to sell or a solicitation of an offer to buy any security. Truist Securities, Inc. and/or its officers or employees

may have positions in any securities, options, rights or warrants. The firm and/or associated persons may sell to or buy from

customers on a principal basis. Investors may be prohibited in certain states from purchasing some over the-counter securities

mentioned herein. Opinions expressed are subject to change without notice.

Truist Securities, Inc.’s research is primarily provided to and intended for use by Institutional Accounts as defined in FINRA Rule

4512(c). The term “Institutional Account" shall mean the account of: (1) a bank, savings and loan association, insurance company

or registered investment company; (2) an investment adviser registered either with the SEC under Section 203 of the Investment

Advisers Act or with a state securities commission (or any agency or office performing like functions); or (3) any other person

(whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million.