Nogin, Inc., along with its affiliates, filed its first amended joint plan of reorganization in the US Bankruptcy Court on March 21, 2024. As per the amended plan filed, the DIP claims are of $34.7 million. Senior Notes Claims of 68.86 million shall receive its pro rata share of the Senior Notes Recovery the event that the Debtors pursue the transactions contemplated by the Restructuring Support Agreement and embodied in the Restructuring Term Sheet, and the Buyer is the Plan Sponsor purchasing the Reorganized Equity Interests.

General Unsecured Claims shall receive its pro rata share in cash if the Senior Notes Recovery exceeds the Allowed Senior Notes Claims. There are no changes in treatment of any other claim class or sources of plan funding. Nogin, Inc., along with its affiliates, filed its revised first amended joint plan of reorganization in the US Bankruptcy Court on March 26, 2024. As per the amended plan filed, there are no changes in treatment of any claim class or sources of plan funding.