Mr Cooper ( “”) previously entered into an investor rights agreement with affiliates of Kohlberg Kravis Roberts L P (“KKR”) whereby KKR has certain rights to nominate members of Board of Directors of for so long it holds at least 50% of Series A Convertible Preferred Stock of ( “Preferred Stock”) In connection with this right KKR nominated Christopher J Harrington to serve on Board of Directors On August 2 2021 entered into a stock purchase agreement with KKR and after gi

Mr. Cooper Group Inc. (the 'Company') previouslyentered into an investor rights agreement with affiliates of Kohlberg Kravis Roberts & Co. L.P. ('KKR'), whereby KKRhas certain rights to nominate members of the Board of Directorsof the Company for so long as it holds at least 50% of the Series A Convertible Preferred Stock of the Company (the 'Preferred Stock'). In connection with this right, KKR nominated Christopher J. Harrington to serve on the Company's Board of Directors. On August 2, 2021, the Company entered into a stock purchase agreement with KKR, and after giving effect to the transaction, KKR ceased to further hold any of the Company's outstanding Preferred Stock. Accordingly, Mr. Harrington resignedas a member of the Board of Directors effective with the closing of the transaction.

Other Events.

On August 2, 2021, the Company entered into a stock purchase agreement to purchase 11,073,245 shares of its Common Stock and 1,000,000 shares of its Preferred Stock from affiliates of KKR for total consideration of approximately $396 million or $33.25 per share, on an as converted basis. After giving effect to the transaction, KKR no longer held any equity interests in the Company.