BMO 2025-5C10 Mortgage Trust

Tranches, pool and monthly delinquency indicator for BMO 2025-5C10 Mortgage Trust.

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $627.9M (September 2026)
Original pool balance: $628.0M
Loans at issuance: 34
Closing date: 2025-05-01
Weighted average coupon at issuance: 6.79%
Weighted average LTV at issuance: 38.1%
30+ delinquent (latest): 2.23%
Realized stress score: 38.7
Net rating change since issuance: +0.00 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$420,000	99.93%	4.742% fixed	05615BAA9	AAA	AAA	not yet reported	Aaa	not yet reported
A-2	$140.0M	77.32%	5.088% fixed	05615BAB7	AAA	AAA	not yet reported	Aaa	not yet reported
A-3	$293.0M	30.00%	5.578% fixed	05615BAC5	AAA	AAA	not yet reported	Aaa	not yet reported
A-S	$61.1M	20.13%	5.947% floating (WAC)	05615BAF8	AAA	AAA	not yet reported	Aa3	not yet reported
B	$32.5M	14.88%	6.445% floating (WAC)	05615BAG6	AA-	AA	not yet reported	not yet reported	not yet reported
C	$25.5M	10.75%	6.485% floating (WAC)	05615BAH4	A-	A-	not yet reported	not yet reported	not yet reported
D	$13.9M	8.50%	4.500% fixed	05615BAL5 +	BBB	BBB+	not yet reported	not yet reported	not yet reported
E	$6.2M	7.50%	4.500% fixed	05615BAN1 +	BBB-	BBB	not yet reported	not yet reported	not yet reported
F-RR	$12.4M	5.50%	4.500% fixed	05615BAQ4	BB-	BB+	not yet reported	not yet reported	not yet reported
G-RR	$8.5M	4.13%	4.500% fixed	05615BAU5	B-	B+	not yet reported	not yet reported	not yet reported
J-RR	$25.5M	0.00%	4.500% fixed	05615BAY7	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	05615BBC4	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$433.4M	Interest only	1.580% floating	05615BAD3	AAA	AAA	not yet reported	Aaa	not yet reported
X-B	$119.2M	Interest only	0.801% floating	05615BAE1	A-	AAA	not yet reported	not yet reported	not yet reported
X-D	$20.1M	Interest only	2.499% floating	05615BAJ0 +	BBB-	BBB	not yet reported	not yet reported	not yet reported

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	34
Original loan balance	$628.0M
Weighted average coupon	6.79%
Weighted average LTV	38.1%
Median loan LTV	56.5%
Full-term interest only (share of balance)	98.1%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	9.6%
Five largest loans (share of balance)	38.4%
Occupancy at issuance (weighted average)	91.1%

Realized outcomes

Months reported	17
Peak 30+ delinquency	2.23% (September 2026)
Ever severe (share of original balance)	0.00%
Ever modified (share of original balance)	0.00%
Past scheduled maturity (share of original balance)	0.00%
Non-performing matured (share of original balance)	19.46%
Maximum servicer advances (share of balance)	0.07%
Median DSCR, first year	1.44
Median DSCR, latest	1.39
Realized stress score	38.7

Property types

Property type	Original balance	Share of pool
Multifamily	$136.9M	21.8%
Lodging	$116.1M	18.5%
Retail	$115.6M	18.4%
Mixed use	$102.0M	16.2%
Office	$45.0M	7.2%
Multiple property types	$44.6M	7.1%
Industrial	$27.9M	4.4%
Self storage	$25.4M	4.0%
Manufactured housing	$14.5M	2.3%

Property type is reported for 100.0% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
["Monroe", "Executive", "Washington", "NJ Asden Portfolio", "Lafayette", "Munn"]	["Asbury Park", "East Orange", "East Orange", "East Orange", "Trenton", "East Orange"], ["NJ", "NJ", "NJ", "NJ", "NJ", "NJ"]	$60.0M	9.6%	6.13%	2025
Marriott JFK	Jamaica, NY	$60.0M	9.6%	7.60%	2025
1535 Broadway	New York, NY	$45.0M	7.2%	6.33%	2025
Muse at Torrey Pines	San Diego, CA	$45.0M	7.2%	5.50%	2025
Herald Center	New York, NY	$31.0M	4.9%	5.43%	2025

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	15 of 15
Classes with a current rating in the dataset	13 of 15
Net rating change since issuance	+0.00 notches (balance-weighted)
Delinquency threshold crossed	Not crossed in the dataset
First downgrade	None recorded

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.