Oaktree Entities to Sell 6 Million Shares of Garrett Motion Inc.

Oaktree Value Opportunities Fund Holdings, L.P., along with other Oaktree Entities, plans to sell 6 million shares of Garrett Motion Inc.'s common stock. The shares, which were acquired on June 12, 2023, through the conversion of Series A Preferred Stock, are scheduled to be sold on October 27, 2025. The aggregate market value of the shares to be sold is approximately $101.94 million. The Oaktree Entities are significant shareholders of Garrett Motion Inc., and the sale will be facilitated by BofA Securities, Inc. No securities were sold by the Oaktree Entities in the past three months.