FTI Consulting - Curo Canada Corp. and LendDirect Corp.

On March 25, 2024 (the "Petition Date"), CURO Group Holdings Corp. ("CURO") and certain of its affiliates (collectively, the "Debtors"), including CURO Canada Corp. and LendDirect Corp. (together, the "Canadian Debtors") commenced proceedings in the United States Bankruptcy Court for the Southern District of Texas (the "U.S. Court") by filing voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the "Chapter 11 Cases").

In its capacity as the foreign representative of the Debtors in the Chapter 11 Cases (the "Foreign Representative"), CURO sought and, on March 25, 2024, obtained an order (the "Initial Recognition Order") under Part IV of the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA") from the Ontario Superior Court of Justice (Commercial List) (the "Canadian Court"). Among other things, the Initial Recognition Order granted an interim stay of proceedings in favour of the Canadian Debtors and each of their respective property, business and directors and officers.

On March 26, 2024, the Canadian Court issued the Supplemental Recognition Order (together with the Initial Recognition Order, the "Recognition Orders") and, among other things:

1. Recognition Order dated April 4, 2024, which recognized the following Foreign Orders in the Chapter 11 Cases: i) Securitization Amendment Order; ii) Critical Vendor Order; iii) Utilities Order; iv) Final Taxes Order; v) Disclosure Statement Order; and vi) Revised Customer Programs Order; and
2. Recognition Order dated April 24, 2024, which recognized: i) the Final Securitization Order; ii) the Securitization Amendment Order; and iii) the Final Critical Vendor Order issued by U.S. Bankruptcy Court in the Chapter 11 Cases.
3.Recognition Order and Termination of Canadian Recognition Proceedings dated May 17, 2024 (the "Third Supplemental Order"), which recognized:
i) Order approving the Debtors' Disclosure Statement for, and confirming, the Joint Prepackaged Plan of CURO Group Holdings Corp. and its Debtor affiliates (the "Combined Order"); and
ii) Second Interim Order authorizing the Debtors, among other things, to
(a) continue to operate their cash management system and maintain existing bank accounts,
(b) maintain existing business forms, and
(c) perform intercompany transactions.
Furthermore, the court order authorizes the Foreign Representative and the Canadian Debtors to take all steps and actions necessary to implement the Plan; approves the activities and fees of the Information Officer and counsel to the Information Officer; and authorizes the Information Officer to file the Termination Certificate upon confirmation from the Foreign Representative that the conditions to the Effective Date have been satisfied or waived.

On July 19, 2024, the Information Officer served an executed copy of the Termination Certificate as defined in the Third Supplemental Order, certifying that:

a) the Information Officer has been advised by the Foreign Representative (or its counsel) that the Effective Date has occurred (each as defined in the Third Supplemental Order); and
b) to the knowledge of the Information Officer, all matters to be attended to in connection with the Canadian Recognition Proceedings have been completed.