n
y“) reminds former holders of its 8% Unsecured Subordinated Convertible Debentures (“Debentures”) that, under Nabis’ recently implemented Proposal to Creditors, they are entitled to receive their pro rata share of $23,000,000 in new 5.3% Senior Unsecured Notes and 3,700,000 new common shares of the Company (collectively, the “New Securities”). In order to receive your pro rata share of the New Securities, you
must execute and deliver a Certificate of Status and Letter of Transmittal to Odyssey Trust, the Company’s Transfer Agent, by 5:00 pm EST on March 1, 2021. The relevant documents are available at www.nabisholdings.com.
If you do not complete the Certificate of Status and return it to the Trustee, you will not receive your pro rata share of the New Securities. Rather, the New Securities otherwise issuable will be aggregated and sold by an agent appointed by the Company and you will receive your pro rata share of the cash proceeds from such sale.