Compensation

modeFinance Corporate Credit Ratings are issued strictly on an unsolicited basis. modeFinance does not receive any fee from the rated entity for the issuance of its own credit rating.
modeFinance revenues gained from Corporate Credit Ratings arise from service subscriptions by rating users.

modeFinance policies on conflicts of interest stipulate that no buyers of services of modeFinance for more than a total EUR 2.000 of turnover in the previous 12 months shall be rated by modeFinance.

Please note that none of modeFinance rated entities generate more than 5% of modeFinance annual revenues. This specific communication is required by the Regulation.