WeWork Inc., along with its affiliates, filed third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 29, 2024. As per the amended plan filed, Drawn DIP TLC Claims of $250 million, Undrawn DIP TLC Claims of $421 million, 1L Notes Claims of $1,163 million, Allowed Prepetition LC Facility Claims of $949 million, n Allowed 2L Notes Claim of $933 million, Allowed 2L Notes Claim of $313 million, and Allowed Unsecured Notes Claim of $180 million, Allowed General Unsecured Claim of $590 million. There is no new update in the payments of claims. WeWork Inc., along with its affiliates, filed a solicitation version of its third amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on May 1, 2024.

As per the solicitation version of the amended plan filed, Allowed 3L Notes Claims, agree to waive any distribution on account of such Allowed 3L Notes Claims and to not receive any portion of the UCC Settlement Proceeds or be entitled to any distribution from the UCC Settlement Trust; provided, further, that in connection with any distribution from the UCC Settlement Trust to any Holder of an Allowed 3L Notes Claim. there are no other changes in treatment of any claim class or sources of plan funding.