On November 30, 2021. R.R. Donnelley & Sons Company announced that it has received a proposal from Chatham Asset Management, LLC to acquire all of the outstanding shares of the Company not already owned by Chatham for $10.25 per share in cash (the Revised Chatham Proposal). The Company Board of Directors, consistent with its fiduciary duties and in accordance with the terms of its definitive merger agreement with affiliates of Atlas Holdings LLC, dated as of November 3, 2021, will carefully review and consider the revised Chatham proposal to determine the course of action that it believes is in the best interests of the Company and its shareholders. In addition, the Company stated that the shareholders do not need to take any action at this time and the Board has not yet made any determination with respect to the revised Chatham proposal.