mmapplypolicy -L 4

Use this option to display all of the information from the previous levels, plus the name of each explicitly excluded file, and the applicable rule.

This command:
mmapplypolicy fs1 -P policyfile -I test -L 4
produces the following additional information:
[I] Directories scan: 10 files, 1 directories, 0 other objects, 0 'skipped' files and/or errors.
/fs1/file1.save  RULE 'exclude *.save files' EXCLUDE
/fs1/file2.save  RULE 'exclude *.save files' EXCLUDE
/fs1/file.tmp1   RULE 'delete' DELETE FROM POOL 'sp1' WEIGHT(INF)
/fs1/file.tmp1   RULE 'all' LIST 'tmpfiles' WEIGHT(INF)
/fs1/file.tmp0   RULE 'delete' DELETE FROM POOL 'sp1' WEIGHT(INF)
/fs1/file.tmp0   RULE 'all' LIST 'tmpfiles' WEIGHT(INF)
/fs1/file1       RULE 'migration to system pool' MIGRATE FROM POOL 'sp1' TO POOL 'system' WEIGHT(INF)
/fs1/file0       RULE 'migration to system pool' MIGRATE FROM POOL 'sp1' TO POOL 'system' WEIGHT(INF)
where the lines:
/fs1/file1.save  RULE 'exclude *.save files' EXCLUDE
/fs1/file2.save  RULE 'exclude *.save files' EXCLUDE
indicate that there are two excluded files, /fs1/file1.save and /fs1/file2.save.