Oaktree Entities' Sale of Garrett Motion Inc. Common Stock

On October 27, 2025, several entities associated with Oaktree Capital Group Holdings GP, LLC, including Oaktree Value Opportunities Fund Holdings, L.P., OCM Opps GTM Holdings, LLC, Oaktree Phoenix Investment Fund, L.P., and Oaktree Opportunities Fund Xb Holdings (Delaware), L.P., collectively referred to as the 'Oaktree Entities,' sold 6,000,000 shares of Garrett Motion Inc. common stock at a price of $16.25 per share. Following this transaction, the Oaktree Entities collectively own 25,894,816 shares of Garrett Motion Inc. common stock. The Oaktree Entities disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest. The transaction was reported in a Form 4 filing with the SEC.