Ameren Missouri Securitization Funding I, LLC is a special purpose vehicle (SPV), fully owned by Ameren Missouri and formed to issue the $476 million securitized utility tariff bonds. The SPV will use the proceeds of the bond issuance to purchase the securitized utility tariff property from Ameren Missouri, which includes the right to impose, bill, charge, collect, and receive an irrevocable non-bypassable charge paid by existing or future retail customers. Ameren Missouri will then allocate an amount equal to those proceeds to eligible renewable energy projects. In line with the ICMA Green Bond Principles, we view this transaction as a Secured Green Standard Bond, as net proceeds of the secured bond will be allocated exclusively to the eligible green projects. Based on the project category shades of green detailed below, the expected allocation of proceeds, and consideration of environmental ambitions reflected in Ameren Missouri Securitization Funding I, LLC’s Series 2024-A