X0306 4 2022-06-27 0 0001620179 Exela Technologies, Inc. XELA 0000938202 CHADHA PAR C/O EXELA TECHNOLOGIES, INC. 2701 E. GRAUWLER RD. IRVING TX 75061 1 1 0 0 Executive Chairman 0001885887 Chadha Sharon 3003 PENNSYLVANIA AVENUE SANTA MONICA CA 90404 1 0 0 0 Common Stock, par value $0.0001 per share (''Common Stock'') 17 D Common Stock 19 I See Footnote Common Stock 2022-06-27 4 M 0 30303 0 A 30306 I See Footnote Common Stock 3 I See Footnote Common Stock 3 I See Footnote Common Stock 13 I See Footnote Restricted Stock Units Common Stock 27740 27740 I See Footnote Restricted Stock Units Common Stock 159091 159091 D Restricted Stock Units 2022-06-27 4 M 0 30303 D Common Stock 30303 30303 I See Footnote On October 11, 2021, Sharon Chadha was granted 90,909 restricted stock as non-employee director equity compensation pursuant to the terms and conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The remainder of this award will vest immediately prior to the 2023 annual meeting of the Company. Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock, which may be settled in shares of Common Stock or cash, as elected by the Compensation Committee of the Board of Directors of the Company. HOVS LLC, a Delaware limited liability company ("HOVS"), HandsOn Fund 4 I, LLC, a Nevada limited liability company ("HOF 4"), and HOV Capital III, LLC, a Nevada limited liability company ("HOV 3") each directly own shares of Exela Technologies, Inc. (the "Issuer"). HOVS is a wholly-owned subsidiary of HOV Services Ltd., an Indian limited company ("HOV Services" and together with HandsOn Global Management, LLC, a Delaware limited liability company ("HGM"), HOVS, HOF 2 LLC, a Nevada limited liability company ("HOF 2"), HOF 4, HOV 3, and Adesi 234 LLC, a Nevada limited liability company ("Adesi"), the "HGM Group")). Adesi and HOF 2 LLC together own a majority of HOF 4. Adesi and HOF 2, own a majority of the equity interests of HOV 3. Mr. Par Chadha, may be deemed to control HandsOn 3, LLC, a Nevada limited liability company ("HOF 3") and the HGM Group. The parties identified above and HGM may be deemed to beneficially own any shares of the Issuer owned by the entities in which they are beneficial owners. Each member of the HGM Group disclaims beneficial ownership of any shares of the Issuer owned by any other member of the HGM Group, except to the extent of its pecuniary interest therein. Solely for purposes of Section 16 of the Exchange Act, the HGM Group may be deemed to be directors-by-deputization by virtue of the HGM Group's contractual right to designate directors to the board of directors of the Issuer. For purposes of the exemption under Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended. Shares owned directly by Sharon Chadha, Par Chadha's spouse. The Reporting Person disclaims beneficial ownership of any shares of the Issuer owned by such other Persons, except to the extent of his or her pecuniary interest therein. Shares directly owned by HOF 2. Shares directly owned by HGM. Shares directly owned by HOVS. Shares directly owned by Adesi. On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Sharon Chadha was granted 27,740 restricted stock units as non-employee director equity compensation for 2021 pursuant to the terms and conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The restricted stock units vested on January 3, 2022, the first business day of 2022. On December 31, 2021, following the Company's 2021 annual meeting of stockholders, Par Chadha was granted 159,091 restricted stock units as equity compensation for 2021 pursuant to the terms and conditions of the Company's Director Compensation Policy and 2018 Stock Incentive Plan. The restricted stock units vested on January 3, 2022, the first business day of 2022. /s/ Par Chadha 2022-06-29 /s/ Sharon Chadha 2022-06-29