Noteholders Announcement – May 20, 2024

May 20, 2024

Compact Bidco B.V.

A. van Leeuwenhoekweg 38 D 2
2408AN Alphen aan den Rijn
The Netherlands
(the “Issuer”)

The Issuer announces that on the date hereof its indenture (the “Indenture”) dated as of May 7, 2021, pursuant to which its €300.0 million in aggregate principal amount of its 5.750% Senior Secured Notes due 2026 have been issued, has been amended as follows:

1. To include permission to incur indebtedness under our €79.0 million interim facility (the “Interim Facility”) that we announced on May 4, 2024;
2. Permitted Collateral Liens now include Indebtedness under the Interim Facility, which Indebtedness may be entitled to receive proceeds of any enforcement of the Collateral in priority to the Notes and the Indenture in a manner not materially less favorable to the Holders than that accorded to the Revolving Credit Facility on the Issue Date pursuant to the Intercreditor Agreement;
3. The grace period (“Grace Period”) for Events of Default resulting from the failure to pay interest on the Notes when due and payable has been extended to 120 days, provided that the Grace Period may be terminated on or after the first 30 days thereof on three Business Days’ notice to the Issuer by the Trustee upon instruction by Holders of the majority in aggregate principal amount of the Notes then outstanding.