No negative impact on the rating of two US commercial mortgage-backed securities following the proposed transfer of special management rights from JPMCC 2013-C16

Rating Announcement: Moody’s: No Negative Rating Impact on Two Commercial Mortgage-Backed Securities Conducted in the U.S. Following Proposed Transfer of Special Servicing Rights from JPMCC Moody’s”) announced today that the proposed withdrawal of CWCapital Asset Management LLC, as special manager and appointment of Mount Street US (Georgia) LLP as successor special manager of JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16 (“JPMCC 2013-C16”) pursuant to the provisions of the JPMCC 2013-C16 Pooling and Service Agreement by the holder of the JPMCC 2013-C16 Director Certificate would not, in itself and at this stage, result in a reduction, indictment for a possible downgrade or withdrawal of Moody’s current ratings of JPMCC 2013-C16 and JPMBB Commercial Mortgage Securities Trust 2013-C17 which holds the managed companion loan. unmanaged ns held by JPMCC 2013-C16. Asset/Single Borrower Commercial Mortgage-Backed Securitizations Methodology” published in November 2021, “Moody’s Approach to Rating Repackaged Securities” published in June 2020 and “Moody’s Approach to Rating Structured Finance Interest-Only (IO) Securities” published in February 2019. Please see the rating methodologies page on www.moodys.com for a copy of these methodologies. Moody’s opinion addresses only the credit impact associated with the proposed transfer of special management rights, and Moody’s expresses no opinion as to whether the proposed transfer of special service rights has, or could have , other non-credit related items which may adversely affect the interests of the holders or rated obligations and/or counterparties. This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most up-to-date information on credit rating actions and credit ratings. rating history. Kevin Li Asst Vice President – Analyst Structured Finance Group Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 Romina Padhi VP – Senior Credit Officer Structured Finance Group JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 Release Office: Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 © 2022 Moody’s Corporation, Moody’s Investors Service , Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. 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