This bidder has not demonstrated adequate committed funding for any of its bids. Though this latest bid's headline valuation is higher than the Rithm transaction, this proposal only includes committed financing for less than half of the amount required to consummate the transaction and underestimates the amount that would be necessary by several hundred million dollars. Accordingly, in light of the foregoing and other issues with the proposal, the Special Committee has not determined that the bid is, or is reasonably expected to lead to, a Superior Proposal (as defined in the Company's merger agreement with Rithm). Further details will be provided in the Company's proxy statement which will be publicly filed." As previously announced, the Company's Board of Directors, acting on the unanimous recommendation of the Special Committee, has unanimously approved the transaction with Rithm and has recommended that the Company's stockholders vote to approve it as well.