Rating Action: Moody’s: No negative rating impact on CGCMT 2014-GC19 following proposed transfer of rights to private service Global Credit Research – January 21, 2022 New York, January 21, 2022 – Moody’s Investors Service (“Moody’s”) announced today that the proposed removal of Midland Corporation Loan Services, LLC, acting as the Private Service Provider and appointing LNR Partners, LLC as the Private Server for the Citigroup Commercial Mortgage Trust 2014-GC19 (“CCCMT 2014-GC19”) in accordance with the provisions of the Collection and Services Agreement by the Certificateholder Guidance of CGCMT 2014-GC19, to the extent As of this point in time, it will not result in a downgrade or placement in review for a possible downgrade or withdrawal of Moody’s current ratings of CGCMT 2014-GC19. The proposed conversion would exclude the unserved accompanying loans held by the deal. The methodologies used to monitor ratings are the “US and Canadian Fusion Commercial Mortgage-Backed Citizenship Securities Methodology” published in November 2021, “Moody’s Approach to Rating Structured Finance Interest-Only Securities (IO)” published in February 2019, and Moody’s Approach to Rating Securities Recompiled Finance” published June 2020. Please see the rating methodologies page at www.moodys.com for a copy of these methodologies. Moody’s opinions address only the fiduciary impact associated with the proposed transfer of Special Service Rights, and Moody’s expresses no opinion as to whether the proposed transfer of Special Service Rights has, or could have, other non-credit effects that may have a detrimental effect on the interests of Shareholders, rated obligations and/or counterparties This publication does not advertise a credit rating action. For any credit ratings referenced in this publication, please see the Ratings tab on the issuer/entity page at www.moodys.com for the latest credit rating action and rating history information. Kevin Lee Assistant Vice President – Analyst Structured Finance Group Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1212553 0376 Customer Service: 1 212553 1653 Vice President – Senior Credit Officer, Structured Finance Group Press: 1212553 0376 Customer Service: 1 212553 1653 Release Office: Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1212553 0376 Customer Service: 1212553 1653 © 2022 Moody’s Corporation, Moody’s Investors Service, Inc. and Moody’s Analytics, Inc. and/or its licensors and affiliates (collectively, “MOODY’S”). all rights are save. Credit ratings issued by MODY credit rating affiliates are their current opinions about relevant future credit risk for entities or credit commitments, debt or debt-like securities, materials, services, and products. “Publications”) may contain such current opinions. MODY’S defines credit risk as the risk that an entity will not meet its contractual financial obligations as they fall due and any estimated financial losses in the event of default or impairment. See the applicable MODY rating codes and definitions for information on the types of contractual financial obligations covered by MODY credit ratings. Credit ratings do not address any other risks, including but not limited to: liquidity risk, market value risk or price volatility. Credit ratings, non-credit ratings (“Ratings”), and other opinions expressed in MOODY Publications are not statements of current or historical facts. MOODY’s publications may also include model-based quantitative estimates of credit risk and relevant opinions or comments published by MODY Analytics, Inc. and/or its affiliates. The credit ratings, ratings, opinions and other publications of MOODY do not constitute, provide financial or investment advice, and do not provide credit ratings, ratings, opinions and other publications of MOODY, and do not make suggestions, suggestions, or suggestions. MOODY’s credit ratings, ratings, opinions and other publications do not comment on the suitability of the investment for any particular investor. MODY’S issues its credit ratings, ratings, and other opinions, and publishes its publications with the expectation and understanding that each investor, with due diligence, will make their own study and evaluation of the security of each claim. The credit ratings, ratings, other opinions, and publications are not intended for use by retail investors, and will be inappropriate and inappropriate for retail investors to use MOODY’s credit ratings, ratings, and other opinions offered or given. In case of doubt, you should contact your financial advisor or other professional advisor. All information herein is protected by law, including without limitation, copyright law, and such information may not be copied, copied, copied, reproduced, copied, reproduced, reproduced, distributed, redistributed or resold or stored for subsequent use for any such purpose, in whole or in part, in any form or manner or by any means whatsoever, by any person without other legal terms provided by Company. The literature is not intended for use by anyone as a point of reference because this term is for regulatory purposes and should not be used in any way that could lead to it being considered a norm. Through it to be accurate and reliable. Due to the possibility of human or mechanical error as well as other factors, all information herein is provided “as is” without warranty of any kind. MOODY’S adopts all necessary measures so that the information you use in determining the credit rating is of sufficient quality and from sources deemed reliable by MOODY’S including, where applicable, independent external sources. However, MOODY’S is not an auditor and cannot in every case independently verify or validate the information contained in the rating process or in the preparation of its publications. Suppliers disclaim liability to any person or entity for any indirect, special, consequential or incidental losses or damages of any kind arising out of or in connection with the information contained herein or the use or inability to use any such information, even if MOODY’S OR any of its directors, officers, employees, agents, representatives, licensors or suppliers who have been notified in advance of the possibility of such losses or damages, including without limitation: (a) any loss of current or projected profits or (b) any loss or damage arising when the relevant financial instrument is not the subject of a particular credit rating determined by MOODY’S To the extent permitted by law, the directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory loss or damage to any person or entity, including including without limitation any negligence (but excluding fraud, willful misconduct or any other kind of liability which, for the avoidance of doubt, by law cannot be excluded) on the part of, or any emergency situation within or outside the control of MOODY’S OR ANY MANAGER or its officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use or inability to use any such information. No warranty, express or implied, is made as to the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any credit rating. , any opinion or other information is provided or provided by MOODY’S in any form or manner whatsoever. (“MCO”) hereby disclose that the majority of issuers of debt securities (including corporate and municipal bonds, bonds, securities, and commercial paper) and preferred stock rated by Moody’s Investors Service, Inc. rating, agreed to pay Moody’s Investors Service, Inc. For opinions and credit rating services they provide a fee ranging from $1,000 to nearly $5,000,000. MCO and Moody’s Investors Service also maintain policies and procedures to address the independence of Moody’s Investors Service’s credit rating and credit rating operations. Information regarding certain dependencies that may exist between MCOs and rated entities, and between entities with credit ratings from Moody’s Investors Service that have also reported to the Securities and Exchange Commission generally having an ownership interest in an MCO of greater than 5%, is published annually at www. .moodys.com under the title “Investor Relations – Corporate Governance – Shareholder and Director Affiliation Policy.” Additional Terms for Australia Only: Any publication of this document in Australia is subject to the Australian Financial Services license of Moody’s Investors Service Pty. Limited ABN 61003399657AFSL 336969 and/or Moody’s Analytics Australia Pty Ltd ABN 94105136972 AFSL 383569 (as applicable). This document is only intended to be provided to “wholesale customers” within the meaning of Section 761g of the Companies Act 2001. By continuing to access this document from within Australia, you represent to MOODY’S that you are or are accessing the Document as a representative” Wholesale customer” and neither you nor the entity you represent will publish this document or its contents directly or indirectly to “retail customers” within the meaning of Section 761G of the Companies Act 2001. MOODY’S Credit Rating is an opinion regarding the creditworthiness of a debt obligation of the issuer, and not on the issuer’s equity securities or any form of securities available to individual investors. Additional terms for Japan only: Moody’s Japan KK (“MJKK”) is a wholly-owned credit rating agency of Moody’s Group Japan GK, a wholly owned subsidiary of Moody’s Overseas Holdings Inc. , a wholly owned subsidiary of MCO. Moody’s SF Japan KK (“MSFJ”) is a wholly owned subsidiary of MJKK Corporation. MSFJ is not a nationally recognized statistical rating organization (“NRSRO”). Therefore, the credit ratings assigned by MSFJ are non-NRSRO credit ratings. Non-NRSRO credit ratings are assigned by an entity that is not an NRSRO, and therefore, the rated obligation will not qualify for certain types of transaction under United States laws. MJKK and MSFJ are both credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are Financial Services Authority Commissioner (ratings) No. 2 and 3 respectively. Municipal bonds, bonds, commercial paper, and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable), prior to any credit rating being assigned, have agreed to pay to MJKK or MSFJ (as applicable) for the opinions and credit rating services provided and fees range from JPY 100,000 to about 550,000,000 JPY. MJKK and MSFJ also maintain policies and procedures to meet Japanese regulatory requirements.