Company: SSUP
Filing Date: 2025-07-30
Form Type: PREM14A
Source: 0001140361-25-027895
Chunk: 61

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-30
Form: PREM14A
Chunk 61
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 in an orderly manner. The Board also considered that the potential for closing the Merger in a reasonable timeframe could reduce the period during which the Company’s business would be subject to the potential uncertainty of closing the Transactions, the restriction on its operations under the Merger Agreement and related disruption. |

| • | Specific Performance. The Transaction Committee and the Board considered the Company’s ability, under circumstances specified in the Merger Agreement, to seek specific performance of Parent and Merger Sub’s obligation to cause the Merger to occur and to prevent other breaches of the Merger Agreement. |

In the course of its deliberations, the Transaction Committee and the Board also considered certain risks and other potentially negative factors concerning the Transactions, including:

| • | No Stockholder Participation in Future Growth or Earnings. The Transaction Committee and the Board considered the fact that the nature of the Merger as an all cash transaction means that the Company would no longer exist as an independent company that is traded on the OTC Pink Market following the consummation of the Merger and that the holders of Common Shares will not participate in future earnings or growth of Parent and will not benefit from any appreciation in value of the Surviving Corporation. |

| • | Closing Conditions. The Transaction Committee and the Board considered the fact that there can be no assurance that all conditions to the parties’ obligations to consummate the Merger will be satisfied even if the Merger Agreement is adopted by the Company’s stockholders. |

| • | Risks Associated with Parent and Merger Sub. The Transaction Committee and the Board considered the fact that Parent and Merger Sub are newly formed entities with essentially no assets, other than the initial capital contributions to Parent made by the Company’s term loan lenders as equityholders of Parent. |

| • | Interim Operating Risks. The Transaction Committee and the Board considered the restrictions placed on the conduct of the Company’s business prior to the completion of the Merger pursuant to the terms of the Merger Agreement, which, despite providing sufficient flexibility for the Company to operate its business in the ordinary course, could delay or prevent the Company from undertaking business opportunities that may arise or any other action it would otherwise take with respect to the operations of the Company absent the pending completion of the Merger. |

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TABLE OF CONTENTS

| • | Risk Associated with Failure to Consummate the Merger. The Transaction Committee and the Board considered the possibility that the Transactions, including the Merger, might not be consummated, and the fact that if the Mer