On May 18th, 2025, Discover Financial Services merged with and into Capital One Financial Corporation ("COF"), with COF being the surviving entity. For information related to COF's investor relations, visit https://investor.capitalone.com.

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The information and documentation contained on this Web site is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities. The information and documentation contained herein speaks only as of the date such information was originally issued and may be amended, restated, supplemented or otherwise modified without notification from time to time. Discover assumes no responsibility for damages incurred in connection with the information and documentation contained herein.

You should read the entire prospectus related to an offering of the Master Trust’s or Note Issuance Trust's asset-backed securities and consult with your own financial advisor about the risks associated with investing in these securities before you purchase any such securities.