LSC Communications, Inc., along with its affiliates, filed a joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on November 20, 2020. As per the plan filed, administrative claim, professional claim, U.S. Trustee fees, 503(b)(9) claims, statutory fees, adequate protection fees and expenses, priority tax claims and other priority claims shall be paid in full in cash. Other secured claims shall either be paid in cash or delivered collateral securing such claim. Holder of an allowed junior remaining claim shall receive its pro rata share of the junior remaining claim distribution pool. General unsecured claims shall receive its pro rata share of the unsecured claim pool and its pro rata share of the litigation trust interests. Equity interests in LSC, intercompany claims and intercompany interests shall be canceled, released or otherwise settled in full and shall not receive or retain, any property or interest in property on account of such portion. Subordinated claims shall be canceled, released and extinguished and shall be of no further force and effect. The plan shall be funded from available cash and sale of assets. LSC Communications, Inc., along with its affiliates, filed a revised joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on December 11, 2020. As per the plan filed, Junior remaining claims are $630.59 million with a recovery rate of 15.9% and general unsecured claims are $297.82 million with a recovery rate of 2.4%. There is no change in treatment of any other claim class. LSC Communications, Inc., along with its affiliates, filed a first revised joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on December 21, 2020. As per the plan filed, other priority claims are estimated to be $0.90 million. Junior remaining claims of $629.95 million shall be recovered 15.1% i.e. $95.12 million. There are no changes in the treatment of any other claim class. LSC Communications, Inc., along with its affiliates, filed a solicitation version of further revised joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on December 22, 2020. As per the plan filed, there are no changes in the treatment of any claim class. LSC Communications, Inc. filed a second revised joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on January 5, 2021. As per the revised plan filed, general unsecured claims shall receive its pro rata share of unsecured claim pool, if the RRD settlement conditions are satisfied. If RRD settlement claims are not satisfied, then general unsecured claims shall receive its pro rata share of unsecured claim pool and its pro rata share of litigation trust interest. SERP claims shall receive its pro rata share of the unsecured claim pool and the SERP settlement payment if RRD settlement conditions are satisfied. If RRD settlement conditions are not satisfied, then SERP claims shall receive its pro rata share of unsecured claim poll and the litigation trust interest. Recovery amount of junior remaining claims is yet to be determined. There are no changes in the treatment of any other claim class. LSC Communications, Inc. along with its affiliates, filed a third revised joint plan of liquidation with related disclosure statement in the US Bankruptcy Court on January 10, 2021. As per the plan filed, junior remaining claims of $629.95 million shall be recovered 15.5% i.e. $95.44 million. General unsecured claims of $164.41 million shall be recovered 4.4% i.e. $7.23 million, if RRD settlement conditions are satisfied. If RRD settlement conditions are no satisfied, then general unsecured claims of $164.41 million shall be recovered 2.7% i.e. $4.44 million. SERP claims of $93.83 million shall be recovered 9.7% i.e. $9.10 million if RRD settlement conditions are satisfied. If RRD settlement conditions are not satisfied, then SERP claims of $93.83 million shall be recovered 2.7% i.e. $2.53 million. There are no changes in the treatment of any other claim class. LSC Communications, Inc. along with its affiliates, filed a fourth revised joint plan of liquidation in the US Bankruptcy Court on January 11, 2021. As per the plan filed, there are no changes in the treatment of any claim class. LSC Communications, Inc. along with its affiliates, filed a solicitation version of fourth revised joint plan of liquidation with third revised related disclosure statement in the US Bankruptcy Court on January 12, 2021. As per the plan filed, there are no changes in the treatment of any other claim class.