Company: SSUP
Filing Date: 2025-08-15
Form Type: DEFM14A
Source: 0001140361-25-031532
Chunk: 312

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-08-15
Form: DEFM14A
Chunk 312
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 Recapitalization Term Sheet. |

| (ff) | “Interest” means any equity interest of the Company, including all ordinary shares, units, common stock, preferred stock, membership interest, partnership interest, or other instrument, evidencing any fixed or contingent ownership interest in the Company, whether or not transferable, including any option, warrant, or other right, contractual or otherwise, to acquire any such interest in the Company, that existed immediately prior to the Effective Time. |

| (gg) | “Merger” shall have the meaning ascribed to it in the Recapitalization Term Sheet. |

| (hh) | “Merger Agreement”means the merger agreement attached hereto asExhibit D(as may be amended, supplemented, or otherwise modified from time to time in accordance with the terms thereof). |

| (ii) | “Merger Sub” means “Merger Sub” as defined in the Merger Agreement. |

| (jj) | “New Equity” shall have the meaning ascribed to it in the Recapitalization Term Sheet. |

| (kk) | “New Organizational Documents” means the forms of certificates of incorporation, certificates of formation, bylaws, limited liability company agreements, and other forms of organizational documents, as applicable, of Superior TopCo, which shall contain the terms set forth on the term sheet annexed hereto asExhibit E(the “Governance Term Sheet”) in the event that the Transaction |

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TABLE OF CONTENTS

is implemented through the Out-of-Court Structure and shall contain substantially similar terms to those set forth on the Governance Term Sheet with any necessary conforming changes to account for the Chapter 11 Structure in the event that the Transaction is implemented through the Chapter 11 Structure.

| (ll) | “New Revolving Credit Facility” shall have the meaning ascribed to it in the Recapitalization Term Sheet. |

| (mm) | “Other Term Loan Obligations” means the “Obligations” as defined in the Existing Credit Agreement, other than those constituting Bridge Loan Obligations. |

| (nn) | “Out-of-Court Milestones” shall have the meaning ascribed to it in the Recapitalization Term Sheet. |

| (oo) | “Out-of-Court Preferred Shareholder Equity Distribution” shall have the meaning ascribed to it in the Recapitalization Term Sheet. |

| (pp) | “Parent” means “Parent” as defined in the Merger Agreement. |