If this sale was made during the distribution period for the security, then this sale was made pursuant to the issuers offering document. The offering documentation prepared by the issuer in connection with the issuance of the security, along with any documents incorporated in such offering documentation referenced, are available on and may be obtained from a website maintained by the issuer as indicated below:

FREDDIE MAC DEBT SECURITIES: WWW.FREDDIEMAC.COM/DEBT/

You have the right to request a printed copy of the offering documentation by contacting your sales representative or call (901)435-­8428. Certain terms used in the immediately preceding paragraphs related to offering materials for the security have the meanings given them in the guidelines on delivery of offering materials related to GSE securities available on the website of the Securities Industry and Financial Markets Association (WWW.SIFMA.ORG). Ratings on all securities are subject to change.

Although this information has been obtained from sources which we believe to be reliable, we do not guarantee its accuracy, and it may be incomplete or condensed. This is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. All herein listed securities are subject to availability and change in price. Past performance is not indicative of future results, and changes in any assumptions may have a material effect on projected results. Ratings on all securities are subject to change.

FHN Financial Capital Markets, FHN Financial Portfolio Advisors, and FHN Financial Municipal Advisors are divisions of First Horizon Bank. FHN Financial Securities Corp., and FHN Financial Capital Assets Corp. are wholly owned subsidiaries of First Horizon Bank. FHN Financial Securities Corp. is a member of FINRA and SIPC—www.sipc.org.

FHN Financial Municipal Advisors is a registered municipal advisor. FHN Financial Portfolio Advisors is a portfolio manager operating under the trust powers of First Horizon Bank. None of the other FHN entities, including FHN Financial Capital Markets, FHN Financial Securities Corp., or FHN Financial Capital Assets Corp. are acting as your advisor, and none owe a fiduciary duty under the securities laws to you, any municipal entity, or any obligated person with respect to, among other things, the information and material contained in this communication. Instead, these FHN entities are acting for their own interests. You should discuss any information or material contained in this communication with any and all internal or external advisors and experts that you deem appropriate before acting on this information or material.

FHN Financial, through First Horizon Bank or its affiliates, offers investment products and services. Investment products are not FDIC insured, have no bank guarantee, and may lose value.