Conn’s, Inc. Announces Cash Tender Offer for Up To $100 Million of its 7.250% Senior Notes due 2022 - Seite 2

In addition to payments made for notes purchased, the Company will pay accrued and unpaid interest from the most recent interest payment date for the notes to, but not including, the applicable payment date for such notes accepted for purchase. Notes accepted for purchase that are validly tendered prior to the early tender deadline are expected to receive payment on or shortly after December 14, 2020, but the date of such payment is subject to change without notice. Notes accepted for purchase that are validly tendered after the early tender deadline but on or before the expiration date are expected to receive payment on or shortly after December 30, 2020, if necessary, but the date of such payment is subject to change without notice.

If the purchase of all validly tendered notes would cause the Company to purchase a principal amount greater than the tender cap, then the tender offer will be oversubscribed and the Company, if it accepts notes in the tender offer, will accept for purchase tendered notes on a prorated basis as described in the Offer to Purchase. Furthermore, if the tender offer is fully subscribed as of the early tender deadline, holders who validly tender notes following the early tender deadline will not have any of their notes accepted for payment. If the tender offer is not fully subscribed as of the early tender deadline, but is oversubscribed as of the expiration date, only the notes tendered following the early tender deadline will be prorated, as described in the Offer to Purchase.

Conn’s obligation to consummate the tender offer is subject to the satisfaction or waiver of certain conditions, which are more fully described in the Offer to Purchase. There can be no assurance such conditions will be satisfied. Conn’s reserves the right, subject to applicable law, to: (i) delay accepting notes, (ii) extend the early tender deadline, the withdrawal deadline or the expiration date, (iii) increase the tender cap, (iv) waive any and all conditions to the tender offer, (v) extend or terminate the tender offer at any time, or (vi) otherwise amend the tender offer in any respect.

MUFG Securities Americas Inc. is acting as exclusive dealer manager for the tender offer. The tender agent and information agent for the tender offer is D.F. King & Co., Inc. Questions regarding the tender offer may be directed to MUFG Securities Americas Inc. at [phone] (Toll-Free) or [phone]. Holders who would like additional copies of the offer documents may call the tender agent and information agent, D.F. King & Co., Inc., at [phone] (Toll-Free) or [phone], by email at [e-mail].