Mr Cooper Group Inc (COOP)

[newflow]

PLAN HAS TO ISSUE LTI's

(ii) Transferability of Liquidating Trust Interests
Pursuant to Section 27.8 of the Seventh Amended Plan, all Liquidating Trust Interests
that will be distributed to certain holders of Claims and Equity Interests are now non-transferable and
non-assignable except by will, intestate succession or operation of law. This change was not required by
the September Opinion but, rather, the Debtors determined that due to the significant passage of time and
the ongoing collection and/or liquidation of the Debtors’ assets, including state and federal tax refunds,
preserving transferability is not justified economically and is not in the best interests of the Debtors’
estates. Specifically, it is estimated that inclusion of a transferability right would cost the Debtors or the
Reorganized Debtors, as the case may be, approximately $11.1 million in connection with compliance
and administrative fees, e.g., fees and expenses related to the engagement and retention of a transfer
agent.

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