CCO

SEC source: 0000921895-26-002800 · form409050041_10152026.xml · nonDerivative · entry 1

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · security: This Form 4 is filed jointly by Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F2 · kind: Pursuant to the Agreement and Plan of Merger, dated as of February 9, 2026 (the "Merger Agreement"), whereby Madison Merger Sub Inc., a wholly-owned subsidiary of Madison Parent Inc. ("Parent"), merged with and into the Issuer (the "Merger") with the Issuer surviving as a wholly-owned subsidiary of Parent, each share of the Issuer's common stock ("Common Stock") outstanding immediately prior to the effective time of the Merger was converted into the right to receive an amount in cash equal to $2.43 per share, and each outstanding award of restricted stock units ("RSUs") of the Issuer was cancelled and converted into the right to receive an amount in cash amount equal to $2.43 multiplied by the total number of shares subject to such award (the "RSU Consideration").

F3 · kind: Pursuant to the Merger Agreement, each award of RSUs issued in lieu of cash retainers outstanding immediately prior to the effective time of the Merger was converted into the RSU Consideration with respect to a pro rata portion of the shares of Common Stock subject to such award.

F4 · balance_after: Mr. White served on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White did not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · ownership.direct: Mr. White served on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White did not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F5 · ownership.direct: The securities described in footnotes (4) and (5) represent securities in which Legion Partners Asset Management had all of the direct economic interest. Legion Partners Holdings is the sole member of Legion Partners Asset Management and each of Messrs. Kiper and White are Managing Directors of Legion Partners Asset Management. As a result of these relationships, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Asset Management.

SEC source: 0000921895-26-001620 · form409050041_06172026.xml · nonDerivative · entry 5

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 91,003

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3 · balance_after: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F3 · ownership.direct: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · ownership.direct: The securities described in footnotes (3) and (4) represent securities in which Legion Partners Asset Management has all of the direct economic interest. Legion Partners Holdings is the sole member of Legion Partners Asset Management and each of Messrs. Kiper and White are Managing Directors of Legion Partners Asset Management. As a result of these relationships, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Asset Management.

SEC source: 0000921895-26-001620 · form409050041_06172026.xml · nonDerivative · entry 4

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners Holdings, LLC

Disclosed balance after: 0

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F8 · ownership.nature: The securities reported herein were owned directly by Legion Partners Holdings. As managing members of Legion Partners Holdings, Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners Holdings.

SEC source: 0000921895-26-001620 · form409050041_06172026.xml · nonDerivative · entry 3

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners Special Opportunities, L.P. XVI

Disclosed balance after: 0

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3950 to $2.4000, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7 · ownership.nature: The securities reported herein were owned directly by Legion Partners Special Opportunities. General Partner is the general partner of Legion Partners Special Opportunities, Legion Partners Asset Management is the investment advisor of Legion Partners Special Opportunities, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners Special Opportunities.

SEC source: 0000921895-26-001620 · form409050041_06172026.xml · nonDerivative · entry 2

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners, L.P. II

Disclosed balance after: 0

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3950 to $2.4000, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6 · ownership.nature: The securities reported herein were owned directly by Legion Partners II. General Partner is the general partner of Legion Partners II, Legion Partners Asset Management is the investment advisor of Legion Partners II, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners II.

SEC source: 0000921895-26-001620 · form409050041_06172026.xml · nonDerivative · entry 1

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners, L.P. I

Disclosed balance after: 0

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3950 to $2.4000, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5 · ownership.nature: The securities reported herein were owned directly by Legion Partners I. General Partner is the general partner of Legion Partners I, Legion Partners Asset Management is the investment advisor of Legion Partners I, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners I.

SEC source: 0000921895-26-001604 · form409050041_06112026.xml · nonDerivative · entry 3

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners Special Opportunities, L.P. XVI

Disclosed balance after: 204,633

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F6 · ownership.nature: Securities owned directly by Legion Partners Special Opportunities. General Partner is the general partner of Legion Partners Special Opportunities, Legion Partners Asset Management is the investment advisor of Legion Partners Special Opportunities, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners Special Opportunities.

SEC source: 0000921895-26-001604 · form409050041_06112026.xml · nonDerivative · entry 2

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners, L.P. II

Disclosed balance after: 187,371

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5 · ownership.nature: Securities owned directly by Legion Partners II. General Partner is the general partner of Legion Partners II, Legion Partners Asset Management is the investment advisor of Legion Partners II, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners II.

SEC source: 0000921895-26-001604 · form409050041_06112026.xml · nonDerivative · entry 1

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By: Legion Partners, L.P. I

Disclosed balance after: 2,107,996

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F4 · ownership.nature: Securities owned directly by Legion Partners I. General Partner is the general partner of Legion Partners I, Legion Partners Asset Management is the investment advisor of Legion Partners I, Legion Partners Holdings is the sole member of Legion Partners Asset Management and managing member of General Partner, and each of Messrs. White and Kiper are managing directors of Legion Partners Asset Management and managing members of Legion Partners Holdings. As a result of these relationships, General Partner, Legion Partners Asset Management, Legion Partners Holdings and Messrs. White and Kiper may be deemed to beneficially own the securities owned directly by Legion Partners I.

SEC source: 0001193125-26-201400 · ownership.xml · nonDerivative · entry 3

Sailer David · CIK 0002010222 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,522,857

F3 · shares: Represents a grant of restricted stock units, which vest in full on April 29, 2027.

SEC source: 0001193125-26-201400 · ownership.xml · nonDerivative · entry 2

Sailer David · CIK 0002010222 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,326,779

F2 · shares: Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.

SEC source: 0001193125-26-201400 · ownership.xml · nonDerivative · entry 1

Sailer David · CIK 0002010222 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,469,608

F1 · shares: Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.

SEC source: 0001193125-26-201398 · ownership.xml · nonDerivative · entry 3

WELLS SCOTT · CIK 0001456330 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,042,485

F3 · shares: Represents a grant of restricted stock units, which vest in full on April 29, 2027.

SEC source: 0001193125-26-201398 · ownership.xml · nonDerivative · entry 2

WELLS SCOTT · CIK 0001456330 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,482,261

F2 · shares: Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.

SEC source: 0001193125-26-201398 · ownership.xml · nonDerivative · entry 1

WELLS SCOTT · CIK 0001456330 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,098,016

F1 · shares: Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.

SEC source: 0001193125-26-201402 · ownership.xml · nonDerivative · entry 3

FELDMAN LYNN · CIK 0001774819 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,981,306

F3 · shares: Represents a grant of restricted stock units, which vest in full on April 29, 2027.

SEC source: 0001193125-26-201402 · ownership.xml · nonDerivative · entry 2

FELDMAN LYNN · CIK 0001774819 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,785,228

F2 · shares: Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.

SEC source: 0001193125-26-201402 · ownership.xml · nonDerivative · entry 1

FELDMAN LYNN · CIK 0001774819 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,009,674

F1 · shares: Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.

SEC source: 0001193125-26-201399 · ownership.xml · nonDerivative · entry 3

DILGER JASON · CIK 0001774837 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 842,710

F3 · shares: Represents a grant of restricted stock units, which vest in full on April 29, 2027.

SEC source: 0001193125-26-201399 · ownership.xml · nonDerivative · entry 2

DILGER JASON · CIK 0001774837 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 793,691

F2 · shares: Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.

SEC source: 0001193125-26-201399 · ownership.xml · nonDerivative · entry 1

DILGER JASON · CIK 0001774837 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 858,819

F1 · shares: Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.

SEC source: 0001193125-26-201396 · ownership.xml · nonDerivative · entry 3

McCuin Robert · CIK 0002111800 · EVP, Chief Revenue Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,027,201

F3 · shares: Represents a grant of restricted stock units, which vest in full on April 29, 2027.

SEC source: 0001193125-26-201396 · ownership.xml · nonDerivative · entry 2

McCuin Robert · CIK 0002111800 · EVP, Chief Revenue Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 922,159

F2 · shares: Represents the number of shares withheld by the Company to cover tax withholding obligations in connection with the vesting of performance stock units.

SEC source: 0001193125-26-201396 · ownership.xml · nonDerivative · entry 1

McCuin Robert · CIK 0002111800 · EVP, Chief Revenue Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,132,909

F1 · shares: Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.

SEC source: 0001193125-26-142211 · ownership.xml · nonDerivative · entry 1

Sailer David · CIK 0002010222 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,177,942

F1 · shares: Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0001193125-26-142288 · ownership.xml · nonDerivative · entry 1

WELLS SCOTT · CIK 0001456330 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,533,202

F1 · shares: Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0001193125-26-142236 · ownership.xml · nonDerivative · entry 1

FELDMAN LYNN · CIK 0001774819 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,551,341

F1 · shares: Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0001193125-26-142224 · ownership.xml · nonDerivative · entry 1

McCuin Robert · CIK 0002111800 · EVP, Chief Revenue Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 716,243

F1 · shares: Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0001193125-26-142206 · ownership.xml · nonDerivative · entry 1

DILGER JASON · CIK 0001774837 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 693,310

F1 · shares: Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0001193125-26-061443 · ownership.xml · nonDerivative · entry 2

MORELAND W BENJAMIN · CIK 0001157962 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,625,883

F2 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

SEC source: 0001193125-26-061443 · ownership.xml · nonDerivative · entry 1

MORELAND W BENJAMIN · CIK 0001157962 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,563,122

F1 · shares: The reporting person received 52,301 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

SEC source: 0001193125-26-061421 · ownership.xml · nonDerivative · entry 1

JONES TIMOTHY PETER · CIK 0002039330 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 190,030

F1 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan.

SEC source: 0000921895-26-000530 · form409050041_02202026.xml · nonDerivative · entry 2

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 394,274

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F4 · kind: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · shares: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F3 · price: Mr. White received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

F4 · balance_after: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · ownership.direct: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F5 · ownership.direct: The securities described in footnotes (2) and (3) represent securities in which Legion Partners Asset Management has all of the direct economic interest. Legion Partners Holdings is the sole member of Legion Partners Asset Management and each of Messrs. Kiper and White are Managing Directors of Legion Partners Asset Management. As a result of these relationships, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Asset Management.

SEC source: 0000921895-26-000530 · form409050041_02202026.xml · nonDerivative · entry 1

White Raymond T. · CIK 0001682494 · Director

Legion Partners Asset Management, LLC · CIK 0001560207 · Director

Legion Partners, L.P. I · CIK 0001595909 · Director

Legion Partners, L.P. II · CIK 0001618783 · Director

Legion Partners Special Opportunities, L.P. XVI · CIK 0001860433 · Director

Legion Partners, LLC · CIK 0001682390 · Director

Legion Partners Holdings, LLC · CIK 0001682389 · Director

Kiper Christopher S · CIK 0001432744 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 331,513

F1 · security: This Form 4 is filed jointly by Legion Partners, L.P. I ("Legion Partners I"), Legion Partners, L.P. II ("Legion Partners II"), Legion Partners Special Opportunities, L.P. XVI ("Legion Partners Special Opportunities"), Legion Partners, LLC ("General Partner"), Legion Partners Asset Management, LLC ("Legion Partners Asset Management"), Legion Partners Holdings, LLC ("Legion Partners Holdings"), Raymond T. White and Christopher S. Kiper (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F4 · kind: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · shares: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F2 · price: Mr. White received 37,656 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. Mr. White received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

F4 · balance_after: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F4 · ownership.direct: Mr. White serves on the Board of the Issuer as a representative of Legion Partners Asset Management and its affiliates. Mr. White does not have a right to any economic interest in securities of the Issuer granted to him by the Issuer in respect of his Board position, except to the extent of his role as a Managing Director of Legion Partners Asset Management. Legion Partners Asset Management is entitled to receive all of the economic interest in securities granted to Mr. White by the Issuer in respect of Mr. White's Board position. Mr. White disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. White had any economic interest in such securities except any indirect economic interest through Legion Partners Asset Management and its affiliates, entities in which Mr. White has a controlling interest and investment control.

F5 · ownership.direct: The securities described in footnotes (2) and (3) represent securities in which Legion Partners Asset Management has all of the direct economic interest. Legion Partners Holdings is the sole member of Legion Partners Asset Management and each of Messrs. Kiper and White are Managing Directors of Legion Partners Asset Management. As a result of these relationships, Legion Partners Holdings and Messrs. Kiper and White may be deemed to beneficially own the securities owned directly by Legion Partners Asset Management.

SEC source: 0001193125-26-061436 · ownership.xml · nonDerivative · entry 2

Dionne John D. · CIK 0001716640 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 785,173

F2 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

SEC source: 0001193125-26-061436 · ownership.xml · nonDerivative · entry 1

Dionne John D. · CIK 0001716640 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 722,412

F1 · shares: The reporting person received 43,933 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

SEC source: 0001193125-26-061406 · ownership.xml · nonDerivative · entry 2

HOBSON ANDREW W · CIK 0001204334 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 878,700

F2 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

SEC source: 0001193125-26-061406 · ownership.xml · nonDerivative · entry 1

HOBSON ANDREW W · CIK 0001204334 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 815,939

F1 · shares: The reporting person received 41,841 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

SEC source: 0001193125-26-061444 · ownership.xml · nonDerivative · entry 1

HAMMITT LISA · CIK 0001774832 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 499,687

F1 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan.

SEC source: 0001193125-26-061429 · ownership.xml · nonDerivative · entry 2

KING THOMAS C. · CIK 0001774975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 901,060

F2 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

SEC source: 0001193125-26-061429 · ownership.xml · nonDerivative · entry 1

KING THOMAS C. · CIK 0001774975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 838,299

F1 · shares: The reporting person received 39,748 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

SEC source: 0001193125-26-061425 · ownership.xml · nonDerivative · entry 1

YOON JINHY · CIK 0001774972 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 205,485

F1 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan.

SEC source: 0001193125-26-061417 · ownership.xml · nonDerivative · entry 2

MARCHESE JOE · CIK 0001774821 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 906,807

F2 · shares: The reporting person received 62,761 restricted stock units, which vest on January 1, 2027, under the Plan.

SEC source: 0001193125-26-061417 · ownership.xml · nonDerivative · entry 1

MARCHESE JOE · CIK 0001774821 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 844,046

F1 · shares: The reporting person received 38,702 restricted stock units, which vest in four equal installments, subject to the terms thereunder, on April 1, 2026, July 1, 2026, October 1, 2026 and January 1, 2027. The reporting person received these awards under the Clear Channel Outdoor Holdings, Inc. 2012 Third Amended and Restated Stock Incentive Plan (the "Plan") in lieu of an annual cash retainer for 2026.

SEC source: 0001410578-25-002074 · tm2525892-3_4seq1.xml · nonDerivative · entry 2

ARES MANAGEMENT LLC · CIK 0001259313 · 10% owner

Ares Partners Holdco LLC · CIK 0001620263 · 10% owner

Ares Voting LLC · CIK 0001761656 · 10% owner

Ares Management GP LLC · CIK 0001620264 · 10% owner

Ares Management Corp · CIK 0001176948 · 10% owner

Ares Holdco LLC · CIK 0001669983 · 10% owner

Ares Management Holdings L.P. · CIK 0001536937 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 41,197,491

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.12 to $1.2714, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

F1 · ownership.nature: Following the transactions reported herein, includes: (i) 8,722,544 shares held by ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings"), (ii) 984,295 shares held by ASSF IV AIV B, L.P. ("ASSF IV AIV B"), (iii) 19,332,427 shares held by ASOF Holdings I, L.P. ("ASOF I"), (iv) 5,095,692 shares held by ASOF II Holdings I, L.P. ("ASOF II Holdings I"), (v) 918,342 shares held by ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I"), and (vi) 6,144,191 shares held by ACOF VI Holdings, L.P. ("ACOF VI").

F2 · ownership.nature: Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the general partner of ASSF Operating Manager IV, L.P., which is the manager of ASSF IV AIV B Holdings and ASSF IV AIV B; (ii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF I, ASOF II Holdings I and ASOF II A (DE) Holdings I; and (iii) the sole member of ACOF Investment Management LLC, which is the manager of ACOF VI.

F3 · ownership.nature: We refer to all of the foregoing entities collectively as the Ares Entities. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

SEC source: 0001410578-25-002070 · tm2525892-1_4seq1.xml · nonDerivative · entry 2

ARES MANAGEMENT LLC · CIK 0001259313 · 10% owner

ASSF IV AIV B Holdings III, L.P. · CIK 0001757327 · 10% owner

ASSF IV AIV B, L.P. · CIK 0001862592 · 10% owner

ASSF Operating Manager IV, L.P. · CIK 0001683967 · 10% owner

ASOF Holdings I, L.P. · CIK 0001793549 · 10% owner

ASOF II Holdings I, L.P. · CIK 0001933113 · 10% owner

ASOF II A (DE) Holdings I, L.P. · CIK 0001933136 · 10% owner

ASOF Investment Management LLC · CIK 0001793548 · 10% owner

ACOF VI Holdings, L.P. · CIK 0001947935 · 10% owner

ACOF Investment Management LLC · CIK 0001684171 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 41,197,491

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.12 to $1.2714, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

F1 · ownership.nature: Following the transactions reported herein, includes: (i) 8,722,544 shares held by ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings"), (ii) 984,295 shares held by ASSF IV AIV B, L.P. ("ASSF IV AIV B"), (iii) 19,332,427 shares held by ASOF Holdings I, L.P. ("ASOF I"), (iv) 5,095,692 shares held by ASOF II Holdings I, L.P. ("ASOF II Holdings I"), (v) 918,342 shares held by ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I"), and (vi) 6,144,191 shares held by ACOF VI Holdings, L.P. ("ACOF VI").

F2 · ownership.nature: Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the general partner of ASSF Operating Manager IV, L.P., which is the manager of ASSF IV AIV B Holdings and ASSF IV AIV B; (ii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF I, ASOF II Holdings I and ASOF II A (DE) Holdings I; and (iii) the sole member of ACOF Investment Management LLC, which is the manager of ACOF VI.

F3 · ownership.nature: We refer to all of the foregoing entities collectively as the Ares Entities. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

SEC source: 0001410578-25-002074 · tm2525892-3_4seq1.xml · nonDerivative · entry 1

ARES MANAGEMENT LLC · CIK 0001259313 · 10% owner

Ares Partners Holdco LLC · CIK 0001620263 · 10% owner

Ares Voting LLC · CIK 0001761656 · 10% owner

Ares Management GP LLC · CIK 0001620264 · 10% owner

Ares Management Corp · CIK 0001176948 · 10% owner

Ares Holdco LLC · CIK 0001669983 · 10% owner

Ares Management Holdings L.P. · CIK 0001536937 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 54,197,491

F1 · ownership.nature: Following the transactions reported herein, includes: (i) 8,722,544 shares held by ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings"), (ii) 984,295 shares held by ASSF IV AIV B, L.P. ("ASSF IV AIV B"), (iii) 19,332,427 shares held by ASOF Holdings I, L.P. ("ASOF I"), (iv) 5,095,692 shares held by ASOF II Holdings I, L.P. ("ASOF II Holdings I"), (v) 918,342 shares held by ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I"), and (vi) 6,144,191 shares held by ACOF VI Holdings, L.P. ("ACOF VI").

F2 · ownership.nature: Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the general partner of ASSF Operating Manager IV, L.P., which is the manager of ASSF IV AIV B Holdings and ASSF IV AIV B; (ii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF I, ASOF II Holdings I and ASOF II A (DE) Holdings I; and (iii) the sole member of ACOF Investment Management LLC, which is the manager of ACOF VI.

F3 · ownership.nature: We refer to all of the foregoing entities collectively as the Ares Entities. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

SEC source: 0001410578-25-002070 · tm2525892-1_4seq1.xml · nonDerivative · entry 1

ARES MANAGEMENT LLC · CIK 0001259313 · 10% owner

ASSF IV AIV B Holdings III, L.P. · CIK 0001757327 · 10% owner

ASSF IV AIV B, L.P. · CIK 0001862592 · 10% owner

ASSF Operating Manager IV, L.P. · CIK 0001683967 · 10% owner

ASOF Holdings I, L.P. · CIK 0001793549 · 10% owner

ASOF II Holdings I, L.P. · CIK 0001933113 · 10% owner

ASOF II A (DE) Holdings I, L.P. · CIK 0001933136 · 10% owner

ASOF Investment Management LLC · CIK 0001793548 · 10% owner

ACOF VI Holdings, L.P. · CIK 0001947935 · 10% owner

ACOF Investment Management LLC · CIK 0001684171 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 54,197,491

F1 · ownership.nature: Following the transactions reported herein, includes: (i) 8,722,544 shares held by ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings"), (ii) 984,295 shares held by ASSF IV AIV B, L.P. ("ASSF IV AIV B"), (iii) 19,332,427 shares held by ASOF Holdings I, L.P. ("ASOF I"), (iv) 5,095,692 shares held by ASOF II Holdings I, L.P. ("ASOF II Holdings I"), (v) 918,342 shares held by ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I"), and (vi) 6,144,191 shares held by ACOF VI Holdings, L.P. ("ACOF VI").

F2 · ownership.nature: Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the general partner of ASSF Operating Manager IV, L.P., which is the manager of ASSF IV AIV B Holdings and ASSF IV AIV B; (ii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF I, ASOF II Holdings I and ASOF II A (DE) Holdings I; and (iii) the sole member of ACOF Investment Management LLC, which is the manager of ACOF VI.

F3 · ownership.nature: We refer to all of the foregoing entities collectively as the Ares Entities. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.

SEC source: 0000950170-25-103021 · ownership.xml · nonDerivative · entry 2

MORENO ARTURO R · CIK 0001045060 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,612,859

F2 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.05 to $1.065. The reporting person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within range set forth herein.

SEC source: 0000950170-25-103021 · ownership.xml · nonDerivative · entry 1

MORENO ARTURO R · CIK 0001045060 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,112,859

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.00 to $1.06. The reporting person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within range set forth herein.