J. C. Penney Company, Inc., along with its affiliates, filed a first amended joint plan of reorganization in the US Bankruptcy Court on November 8, 2020. As per the amended plan filed, second lien note claims are $524.93 million and will be paid through pro rata share of any portion of the $1.5 million of cash distributed to the Second Lien Notes Trustee, plus its pro rata share of any cash remaining in the Wind-Down Reserve once all allowed claims entitled to payment therefrom are satisfied, plus its pro rata share (taken together with the Unsecured Notes Claims and General Unsecured Claims) of the unsecured claims earnout pool. Both Unsecured Notes Claims which are $1346.36 million and general unsecured claims, will be paid through pro rata share of any portion of the $0.75 million of cash distributed to the Unsecured Notes Trustees, plus its Pro Rata share plus its pro rata share of any cash remaining in the Wind-Down Reserve once all allowed claims entitled to payment therefrom are satisfied, plus its pro rata share (taken together with the Unsecured Notes Claims and General Unsecured Claims) of the unsecured claims earnout pool. There is no change in treatment of any other claim class. J. C. Penney Company, Inc., along with its affiliates, filed a first modified first amended joint plan of reorganization in the US Bankruptcy Court on November 20, 2020. As per the modified plan filed, First lien claim are changed to $2.02 billion, consisting of $1.52 billion as term loan claims and $500 million as first lien notes claims. There is no change in treatment of any other claim class. J. C. Penney Company, Inc., along with its affiliates, filed a second modified first amended joint plan of reorganization in the US Bankruptcy Court on November 23, 2020. As per the modified plan filed, First lien claims are changed to $1.57 billion, consisting of $1.10 billion of term loan claims and $469.26 million of first line notes claims. There is no change in treatment of any other claim class. J. C. Penney Company, Inc., along with its affiliates, filed a third modified first amended joint plan of reorganization in the US Bankruptcy Court on December 12, 2020. As per the modified plan filed, there is no change in treatment of any claim class.