Revolution Bars Limited applied for a Part 26A restructuring plan (RP) at a convening hearing in July 2024 and sanction hearing in August 2024, however the Company later entered administration in 2026.. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Revolution Bars Limited (the Company) Industry sector Retail Place of debtor’s incorporation and jurisdictional factors The Company is incorporated in England & Wales and entered into a Deed of Contribution. Legal counsel involved The Company: Mr Tom Smith KC and Jon Colcough Timeline April 2024: waiver letter from the National Westminster Bank (NatWest) for various covenant breaches31 May 2024: Practice Statement Letter (PSL) circulated19

River Island Holdings Limited applied for a Part 26A restructuring plan (RP) at a convening hearing in July 2025 and sanction hearing in August 2025. The key points appear below (capitalised terms not defined herein are as defined in the sanction judgment). See Re River Island Holdings Limited [2025] EWHC 2047 (Ch) (convening) (not reported by LexisNexis®). This Deal Debrief forms part of our Restructuring plans toolkit. For a detailed analysis of key metrics from the RPs filed in 2024 and commentary from leading lights in the restructuring world, see News Analysis: Market Insights Trend Report—trends in Part 26A restructuring plans in 2024. Name of plan company River Island Holdings Limited (the Company) Industry sector Retail Place of debtor’s incorporation and jurisdictional factors England and Wales. Plus Deed of Contribution entered into on 20 June 2025. Legal counsel involved The Company: Mr Matthew Weaver KC and Mr Matthew Abraham (instructed by Greenberg Traurig LLP) Timeline 20 June 2025: Practice Statement Letter (PSL) circulated, Deed of Contribution entered into by

SGB-SMIT GmbH applied for a Part 26A restructuring plan (RP) at a convening hearing in April 2023 and sanction hearing in June 2023. The key points appear below. Name of plan company SGB-SMIT GmbH (the Company) Place of debtor’s incorporation and jurisdictional factors GermanyThe plan company entered into a deed of contribution. Timeline 17 April 2023: Company enters into deed of contribution25 April 2023: convening hearing before Joanna Smith J14 June 2023: sanction hearing before Sir Alastair Norris (sitting as a High Court judge)16 June 2023: undrawn facility under revolving credit facility (RCF) and Bonding Facility ceases to be available unless extended18 July 2023: RCF and Bonding Facility repayable Total time PSL to sanction No data Length of hearings Convening hearing: one day or less Sanction hearing: one day or less Legal counsel involved The Company: Mr T Smith KC and Miss L Pyper (instructed by Latham & Watkins LLP)Bank GPB International SA (the Sanctioned Lender): Mr R D'Cruz KC and Mr S Horan (instructed

Sino-Ocean Group Holding Ltd applied for a Part 26A restructuring plan (RP) at a convening hearing in October 2024 and sanction hearing in January 2025. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Sino-Ocean Group Holding Ltd (the Company) Industry sector Property Place of debtor’s incorporation and jurisdictional factors The Company was incorporated in Hong Kong and its shares listed on the Hong Kong stock exchange.The Plan Liabilities are governed by Hong Kong law (Class A) and English law (Classes B, C and D). Legal counsel involved The Company: Mr Tom Smith KC, Mr Ryan Perkins and Ms Annabelle Wang (instructed by Sidley Austin LLP)Co-ordination Committee

Smile Telecoms Holdings Limited applied for a Part 26A restructuring plan (RP) at a convening hearing in February 2021 and sanction hearing in March 2021. Note a second plan was later applied for and sanctioned in March 2022 (see Practice Note: Part 26A restructuring plan deal debrief—Smile Telecoms Holdings Limited (second plan)). The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Smile Telecoms Holdings Limited (the Company) Industry sector Telecoms Place of debtor’s incorporation and jurisdictional factors Mauritius However, the Company had an establishment in England, was registered as an overseas company in England, and had moved its COMI to England. Timeline 1 January

Smile Telecoms Holdings Limited applied for a second Part 26A restructuring plan (RP) at a convening hearing in January 2022 and sanction hearing in March 2022, following an earlier plan sanctioned in March 2021 (see Smile Telecoms Holdings Limited [2021] EWHC 685 (Ch) and Practice Note: Part 26A restructuring plan deal debrief—Smile Telecoms Holdings Limited (first plan)). The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This deal debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Smile Telecoms Holdings Limited (the Company) Industry sector Telecoms Place of debtor’s incorporation and jurisdictional factors Mauritius However, the Company had an establishment in England, was registered as an overseas company in England, and had moved its COMI to England. Timeline

TG Jones High Street Limited (HSL) and TG Jones Retail Holdings Limited (RHL; together with HSL, the Plan Companies) applied for two Part 26A restructuring plans (the HSL Plan and the RHL Plan; together, the Plans) at a convening hearing in June 2026 and sanction hearing in July 2026. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). The Plan Companies’ ultimate holding company, Modella Capital Limited (Modella), acquired the high street business of WH Smith PLC in 2025. The Plan Companies, which were called WH Smith High Street Limited (in the case of HSL) and WH Smith Retail Holdings Limited (in the case of RHL), now carry on that business trading under the name TG Jones. This Deal Debrief forms part of our Restructuring plans toolkit. For a detailed analysis of key metrics from the restructuring plans filed in 2024 and commentary from leading lights in the restructuring world, see News Analysis:

Thames Water Utilities Holdings Ltd applied for a Part 26A restructuring plan (RP) at a convening hearing in December 2024 and sanction hearing in February 2025. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). Although the RP was appealed to the Court of Appeal, that appeal has been dismissed (see News Analysis: Thames water beats appeal against £3bn rescue plan). Although one of the appellants (MP, Charlie Maynard) filed an application for permission to appeal with the Supreme Court, that application was dismissed on 28 July 2025, so the Court of Appeal decision stands. This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Thames Water Utilities Holdings Ltd (the Company) Industry sector Water Place of debtor’s incorporation

NGI Systems & Solutions Ltd (NGI) (a principal shareholder, creditor and supplier) applied for a Part 26A restructuring plan (RP) for the SME company, The Good Box Labs Co Ltd (in administration), at a sanction hearing in January 2023. The key points appear below (capitalised terms not defined herein are as defined in the sanction judgment). The case is unusual as it was the first petition for an RP by a party other than the company itself and was also the first time an RP was used to exit administration. This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company The Good Box Co Labs Ltd (in administration) (the Company) Industry sector Charitable sector Place of debtor’s incorporation and jurisdictional issues England Timeline

Three Virgin Active companies applied for Part 26A restructuring plans (RPs) at a convening hearing in March 2021 and sanction hearing in May 2021. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan companies Virgin Active Holdings Limited (VAHL), Virgin Active Limited (VAL) and Virgin Active Health Clubs Limited (VAHCL) (together the Plan Companies) Industry sector Gyms Place of debtor’s incorporation and jurisdictional factors All Plan Companies incorporated in England & Wales Legal counsel involved The Plan Companies: Tom Smith QC, Ryan Perkins and Lottie Pyper (instructed by Allen & Overy LLP)Ad Hoc Group of Landlords: Robin Dicker QC and Georgina Peters (instructed by Sullivan & Cromwell LLP)The

Virgin Atlantic Airways Limited applied for a Part 26A restructuring plan (RP) at a convening hearing in August 2020 and sanction hearing in September 2020. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2023 and commentary from leading lights in the restructuring world, see Practice Note: Market Insights Trend Report—trends in Part 26A restructuring plans in 2023 [Archived]. Name of plan company Virgin Atlantic Airways Limited (the Company) Industry sector Airlines Place of debtor’s incorporation and jurisdictional factors England & Wales Legal counsel involved The Company: David Allison QC, Ryan Perkins and Lottie Pyper (instructed by Allen & Overy LLP) Timeline 13 July 2020: the Company entered into support agreements with a large number of Plan Creditors and other key stakeholders14 July 2020: Practice Statement Letter (PSL) circulated21 July 2020:

Waldorf Production UK Plc first applied for a Part 26A restructuring plan (RP) at a convening hearing in March 2025 and sanction hearing in June 2025. The key points appear below (capitalised terms not defined herein are as defined in the convening and sanction judgments). Mr Justice Hildyard refused to sanction the plan on fairness grounds (see Waldorf Production UK Plc [2025] EWHC 2181 (Ch)(sanction)), but later agreed to issue a leapfrog certificate allowing the Plan Company to appeal directly from the High Court to the Supreme Court (see News Analysis: Leapfrog to Supreme Court approved (Re Waldorf Production UK Plc)). However, following an agreed sale of the Group to a subsidiary of Harbour Energy plc, the appeal was withdrawn and new RPs were filed in England and Scotland (see Practice Note: Part 26A restructuring plan deal debrief—Waldorf Production UK Plc (second plan)). This Deal Debrief forms part of our Restructuring plans collection. For a detailed analysis of key metrics from the RPs filed in 2024 and commentary