Majority certificateholders direct Copper Property Trust not to amend or delay property sale

Copper Property CTL Pass Through Trust

On Oct 7, 2025, majority certificateholders delivered a direction letter to the Trustee.
Direction bars amendment, waiver, or modification of the Purchase and Sale Agreement (PSA) without consent.
Direction prohibits extension of closing date or any delay to closing under the PSA without consent.
Reference is made to the PSA previously disclosed in the Trust's Sept 8, 2025 Form 8-K.
Action taken under Sections 1.04, 6.09(b), and 9.02(a) of the Trust Agreement.

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