SVB Financial Group filed a second amended plan of reorganization with related disclosure statement in the US Bankruptcy Court on May 16, 2024. As per the amended plan filed, Other General Unsecured Claims of $180.4 million shall be recovered 93% i.e., $167.77 million and shall receive, if and solely to the extent such Holder is a Qualified Holder, its pro rata share of the NewCo Common Stock subject to dilution by any NewCo Transaction, if and solely to the extent such Holder is a Non-Qualified Holder, Cash in an amount equal to the value of the NewCo Common Stock it would be entitled to receive if it and all holders of Senior Notes Claims and Other General Unsecured Claims were Qualified Holders, and its Pro Rata share of the Class A-2 Trust Units or if such Holder elects on the applicable ballot, the GUC Cash-Out with respect to such Claim. There are no changes in treatment of any other claim class or sources of plan funding.

SVB Financial Group filed its revised second amended plan of reorganization with related disclosure statement in the US Bankruptcy Court on May 30, 2024. As per the revised amended plan filed, there are no changes in treatment of any claim class or sources of plan funding. SVB Financial Group filed solicitation version of its second amended plan of reorganization with related disclosure statement in the US Bankruptcy Court on May 30, 2024.

As per the amended plan filed, there are no changes in treatment of any claim class or sources of plan funding.