Rithm disputes Sculptor former executives' lawsuit; confirms regulatory approvals obtained

Rithm Capital Corp.

On Oct 17, 2023, former Sculptor managing directors filed a complaint; Rithm strongly disputes allegations.
Rithm has obtained all regulatory approvals and necessary client consents to close amended Sculptor deal.
Rithm asserts litigation risks harming Sculptor and its shareholders; remains committed to transaction.
Rithm claims amended agreement delivers immediate value for shareholders and high certainty to close.

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