Lehman Brothers Financial SA (LEHNQ)

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LBI will create a liquidating trust for sixty-two of its remaining creditors:

16. As of March 31, 2022 (the “Record Date”), the actual liability of the LBI estate is
$21.393 billion, represented by 2,180 allowed general unsecured claims held by sixty-two separateentities.7
The Voluntary Supplemental Distribution reduced the estate’s liability by over $1.152
billion and significantly reduced the number of unique claimants from approximately 1,000 to just
sixty-two. Those sixty-two entities—the “Continuing Claimants” from the Voluntary
Supplemental Distribution—are the only parties that will receive Liquidating Trust Interests
should the Court approve the creation of the Liquidating Trust.8

D. Administrative Reserve
17. To ensure the effective administration of the estate, since July 2014