Company: SSUP
Filing Date: 2025-07-08
Form Type: DEFA14A
Source: 0001193125-25-156514
Chunk: 10

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-08
Form: DEFA14A
Chunk 10
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 purport to be complete and is subject to, and is qualified in its entirety by reference to the Subscription Agreement, a copy of which will be filed as an exhibit to an amendment of this Current Report on Form 8-K. Recapitalization Support Agreement Concurrently with the execution of the Merger Agreement on July 8, 2025, the Company and each of its subsidiaries (together with the Company, the “ Company Group”) entered into a Recapitalization Support Agreement (the “ RSA”) with the lenders holding 100% of the term loan debt under the Existing Term Loan Credit Agreement (the “ Consenting Term Loan Lenders” and, collectively, with any other party that executes a joinder to the RSA that subsequently becomes effective, the “ Consenting Parties”). Pursuant to the RSA, the Consenting Parties have agreed to support a transaction (the “ Transaction”) involving (i) the partial equitization of the term loans under the Existing Term Loan Credit Agreement and (ii) a recapitalization of the Company, subject to the terms and conditions of the RSA and the recapitalization term sheet attached thereto as Exhibit A (the “ Term Sheet”). The RSA provides that the Transaction will be implemented on either (i) a consensual out-of-courtbasis (the “ Out-of-CourtStructure”), without recourse to proceedings under chapter 11 of title 11 of the United States Code (the “ Bankruptcy Code”) or (ii) an in-courtbasis (the “ Chapter 11 Structure”) through prepackaged or prearranged cases for the Company and certain other of its subsidiaries, if any (collectively, the “ Debtors”), under chapter 11 of the Bankruptcy Code (the “ Chapter 11 Cases”). 6

The Term Sheet contemplates, among other things:

| • |     | The Transaction will be implemented either (i) through the Out-of-Court Structure through the Merger Agreement or (ii) through the Chapter 11 Structure if the following milestones are not met: |

| • |     | (z) the Merger is not approved by the required vote at a duly called meeting of the stockholders of the 
 Company (or any adjournment or postponement thereof) prior to:                                          |

| • |     | Each Consenting Term Loan Lender will consent to: |

| • |     | the conversion, on a                                                                                                                                                                                                                                
 dollar-for-dollar basis, to Take Back Term Loans (as defined in the Term Sheet