AFFILIATE SECURITIES PLEDGED AS COLLATERAL FOR SECURITIES OF TELLURIAN INC.
As of December 31, 2023, the obligations of Tellurian Inc., a Delaware corporation (“Tellurian”), under the 10.00% Senior Secured Notes due 2025 and the 6.00% Senior Secured Convertible Notes due 2025 issued by Tellurian in a private placement on August 15, 2023 were secured by a pledge of 100% of the limited liability company interests in Tellurian’s indirect wholly owned subsidiary Tellurian Production Holdings LLC, a Delaware limited liability company, granted by Tellurian’s direct wholly owned subsidiary Tellurian Investments LLC, a Delaware limited liability company.
| | | | | | | | | | | | | | | | | | | | | | | |
| Issuer | | Affiliate Whose Security Is Pledged as Collateral | | Class of Security Pledged | | Percentage of Securities Owned / Pledged |
10.00% Senior Secured Notes due 2025 | | | | | | | |
Tellurian Inc. | X | | | | | | |
Tellurian Production Holdings LLC | | | X | | Limited liability company interests | | 100% / 100% |
6.00% Senior Secured Convertible Notes due 2025 | | | | | | | |
Tellurian Inc. | X | | | | | | |
Tellurian Production Holdings LLC | | | X | | Limited liability company interests | | 100% / 100% |