London, 12 August 2026 – Reference is made to the summons for a written resolution dated 29 July 2026 (the “Summons”) issued to bondholders of HX Hold Co Ltd (the “Company”) in respect of its 7.00% senior secured EUR 257,575,758 bonds 2025/2030 (ISIN: NO0010874548) and the Term Sheet annexed to the Summons.
The proposed bond terms for the SSSNs (as defined in the Term Sheet) are attached hereto. These proposed bond terms remain subject to final approval by the Ad Hoc Group (as defined in the Term Sheet).