Altera Infrastructure L.P., along with its affiliates, filed second amended joint plan of reorganization with related third amended disclosure statement in the US Bankruptcy Court on October 7, 2022. As per the amended plan filed, there is no change in treatment of any claim class or source of funding. Altera Infrastructure L.P., along with its affiliates, filed technical modification of second amended joint plan of reorganization in the US Bankruptcy Court on October 7, 2022.

As per the amended plan filed, there is change in claim names, Credit Agreement Claims Against Altera Parent, Altera Unsecured Notes Claims and other General Unsecured Claims at Altera Parent and Altera Finance Corp., and General Unsecured Claims at debtors other than Altera Parent and Altera Finance Corp. There is no other change in the treatment of claims.