Lordstown Motors Corp., along with its affiliates, filed first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on October 24, 2023. As per the plan filed, other priority claims $0.02 million shall be paid in full in cash. General unsecured trade claims of $23.48 million ?

$33.48 million shall receive 100%. Intercompany Claims, Section 510(b) Claims, RIDE Section 510(b) Claims, and Ohio Securities Class Action Claims added in plan. Foxconn preferred stock interests shall receive distribution in cash.

Intercompany interests shall be reinstated. Common stock interests shall receive distributions in cash from the non-trade pool assets. There is no other update in the treatment of claims. There is no other update in the treatment of claims. Lordstown Motors Corp., along with its affiliates, filed modified first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on October 29, 2023.

As per the plan filed, there is no new update in the treatment of claims. Lordstown Motors Corp., along with its affiliates, filed solicitation version of modified first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on November 1, 2023. As per the plan filed, there is no new update in the treatment of claims. Lordstown Motors Corp., along with its affiliates, filed second modified first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on January 31, 2024. As per the plan filed, Ohio Securities class action claims are changed to Ohio Securities litigation claim and shall be paid from the escrow account which in turn will be funded from Post-Effective date debtor cash.

There is no new update in the treatment of claims. Lordstown Motors Corp., along with its affiliates, filed third modified first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on February 27, 2024. As per the plan filed, there is no change in treatment of any claim class or source of funding. Lordstown Motors Corp., along with its affiliates, filed a revised third modified first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on March 5, 2024.

As per the plan filed, there is no change in treatment of any claim class or source of funding.