TO: ALL HOLDERS OF ASBESTOS PERSONAL INJURY CLAIMS

Maremont Corporation and its affiliated prospective debtors and debtors in possession (the “Prospective Debtors”) are soliciting votes with respect to the Joint Prepackaged Plan of Reorganization of Maremont Corporation and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code, dated December 4, 2018 (the “Plan”), which is described in the Disclosure Statement for the Joint Prepackaged Plan of Reorganization of Maremont Corporation and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code, dated December 4, 2018 (the “Disclosure Statement”), both of which can be accessed by visiting the Solicitation Documents page of this website.

The Prospective Debtors may commence chapter 11 cases in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) after this solicitation, but have not yet done so. Accordingly, neither the Disclosure Statement nor the Plan has been approved by any court. All capitalized terms used herein but not otherwise defined shall have the meanings ascribed to them in the Plan and the Plan shall govern in the event of any inconsistencies.

The Plan will be found to have been accepted if it is accepted by the Holders of at least two-thirds (2/3) in amount and seventy-five percent (75%)  in number of the Holders of Asbestos Personal Injury Claims voting on the Plan. If an order confirming the Plan is issued by the Bankruptcy Court and affirmed by the District Court, or issued by the District Court, all Holders of Maremont Equity Interests in, and any and all Holders of Claims against, the Prospective Debtors (including those who reject the Plan, abstain from voting on the Plan, or are not entitled to vote on the Plan) will be bound by the confirmed Plan and the transactions contemplated thereby.

The deadline for the Holders of Asbestos Personal Injury Claims to accept or reject the Plan is 4:00 p.m. (prevailing Eastern Time) on January 18, 2019 (the “Voting Deadline”).  To be counted, a ballot or master ballot, as applicable, to accept or reject the Plan (a “Ballot”) indicating such acceptance or rejection must be actually received by Donlin, Recano & Company, Inc. (the “Balloting Agent”) no later than the Voting Deadline. 

PLEASE READ THE PLAN AND THE DISCLOSURE STATEMENT CAREFULLY BEFORE COMPLETING THE BALLOT. Holders of Asbestos Personal Injury Claims should refer to the Ballot for further instructions on how to vote on the Plan. Please note that the Prospective Debtors plan to send additional solicitation materials following the Solicitation Commencement Date, including the Ballots and additional exhibits to the Plan.  You should not vote on the Plan until you have received and reviewed the entire package of solicitation materials, including the materials sent as part of the supplemental solicitation mailing. The Balloting Agent cannot advise Holders of Asbestos Personal Injury Claims on whether to vote to accept or reject the Plan. Ballots will not be accepted by telecopy, facsimile or other electronic means, including email.