Tranche Update on Avaya Holdings Corp.'s Equity Buyback Plan announced on October 3, 2019.

Avaya Holdings Corp. provides digital communications products, solutions and services for businesses of various sizes delivering its technology predominantly through software and services. The Company operates through two segments: Products & Solutions and Services. The Products & Solutions segment primarily develops, markets, and sells unified communications and collaboration and contact center solutions, offered on-premises, in the cloud, or as a hybrid solution. These integrate multiple forms of communications, including telephony, email, instant messaging, and video. The Services segment develops, markets, and sells comprehensive end-to-end global service offerings that enable customers to evaluate, plan, design, implement, monitor, manage and optimize complex enterprise communications networks. The Company delivers services from initial planning and design to implementation and integration, to ongoing managed operations, optimization, training and support.