Cooper-Standard retains Goldman Sachs to evaluate capital structure refinancing alternatives

Cooper-Standard Holdings Inc.

Retained Goldman Sachs as financial advisor to analyze and evaluate potential alternatives for refinancing capital structure.
Total liquidity of $395.6M as of March 31, 2022, including availability under amended senior ABL credit facility.
Received $51M in cash tax refunds from IRS after Q1 2022, related to CARES Act NOL carrybacks.
Expects current liquidity sufficient to support ongoing operations and strategic initiatives for the foreseeable future.

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