SpeedTree Billboards rendering with Incorrect Material

Material Billboards for SpeedTree assets are rendering with the incorrect material. This can occur to any pre-existing project, or a new project with imported SpeedTree content using both 3d LODs and Billboard LODs.

Regression?
Yes, this does not occur in 4.13.2 binary release.

1. Open attached project and observe correct Material Billboard LOD for both meshes.
2. Open a copy of the project in 4.14.1

Outcome SpeedTree billboard LOD level is rendering with incorrect material

Expected The correct material is applied and renders as expected.

Why does the REMOVE method of map container remove elements have memory leaks?

How does TextureRenderTarget2D get TArray<uint8> type data?

Do I need to call Destory method to remove components from Actor when Destory method to remove Actor?

What is the cause of the packaging error falling back to 'GameUserSettings' in ue5?

Where can I download the source address of the deployment cotum service associated with the PixelStream plugin?

How do I set a material as a post-processing material?

UMG RichText not appear image when packaged

How to delete some elements correctly when deleting an array loop?

What is the difference between Camera and CineCamera?

In UE5.4, custom variables in the level blueprint cannot be set to default values, and the eyedropper tool is also unavailable, whereas in UE4.27, these features work normally.