Pacific Drilling S.A., along with its affiliates, filed an amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on November 5, 2020. As per the amended plan filed, there is no change in treatment of any claim class or source of funding. As per the modifies first amended plan filed on December 20, 2020, intercompany Claim shall be cancelled and released without any distribution. Intercompany interests in PDCL shall be transferred to the first lien noteholders and second lien noteholders in exchange for approximately $752 million of first lien notes claims and second lien notes claims against PDSA, and the remaining intercompany interests shall be reinstated.