Company: SSUP
Filing Date: 2025-08-15
Form Type: DEFM14A
Source: 0001140361-25-031532
Chunk: 308

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-08-15
Form: DEFM14A
Chunk 308
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 International, Inc. (“Superior”) and each of its subsidiaries (together with Superior, collectively, the “Company” and each a “Company Party”); and |

| (b) | the beneficial and record owners (or nominees, investment managers, advisors or subadvisors for, or subaccount or funds of, the beneficial owners or record owners, as applicable) of Term Loan Obligations (as defined below), in each case, as identified on the signature pages hereto or that have executed a Joinder Agreement (as defined below) (the “Consenting Term Loan Lenders”). |

Subject to Section 3hereof, the Company and each Consenting Term Loan Lender are referred to herein collectively as the “ Parties” and each individually as a “ Party.” Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Recapitalization Term Sheet (as defined below). RECITALS WHEREAS , the Parties have engaged in arm’s-length, good faith discussions regarding a comprehensive recapitalization of the Company; WHEREAS , the Parties have agreed to a transaction (the “ Transaction ”) involving (i) the partial equitization of the term loans under the Existing Credit Agreement and (ii) a recapitalization of the Company, subject to the terms and conditions of this Agreement and the terms set forth in the term sheet attached hereto as Exhibit A (as may be amended, supplemented, or otherwise modified from time to time in accordance with the terms hereof, the “ Recapitalization Term Sheet ”); WHEREAS , the Company intends to implement the Transaction on either (i) a consensual out-of-court basis (the “ Out-of-Court Structure ”), without recourse to proceedings under title 11 of the United States Code (the “ Bankruptcy Code ”) or (ii) an in-court basis (the “ Chapter 11 Structure ”) through prepackaged or prearranged cases for Superior and certain other Company Parties, if any (collectively, the “ Debtors ”), under chapter 11 of the Bankruptcy Code (the “ Chapter 11 Cases ”) in a United States Bankruptcy Court where venue is appropriate for the Chapter 11 Cases and as determined in consultation with the Requisite Consenting Term Loan Lenders (the “ Bankruptcy Court ”); WHEREAS , it is contemplated that, as described in the Recapitalization Term Sheet, the Transaction shall be implemented through (i) an Out-of-Court Structure or (ii