X0306 4 2019-08-26 0 0001620179 Exela Technologies, Inc. XELA 0001712421 Cogburn Ronald Clark C/O EXELA TECHNOLOGIES, INC. 2701 E. GRAUWYLER RD. IRVING TX 75061 1 1 0 0 Chief Executive Officer Stock Option (right to buy) 1.30 2019-08-26 4 A 0 111000 0 A 2029-08-26 Common Stock 111000 111000 D Forty percent of the options will vest and become exercisable on August 26, 2021 and the remainder will vest and become exercisable on August 26, 2023. I, the undersigned Officer of Exela Technologies, Inc. hereby authorize and designate each of Jeffrey A. Gershowitz and Erik L. Mengwall, individually to sign and file all Form 3, 4 and 5 which I may be required to file with the Securities and Exchange Commission pursuant to Section 16(a) of the Securities Exchange Act of 1934. Such authority shall continue indefinitely until such time as I revoke such authority in writing. Their authority shall not be exclusive and nothing herein shall serve to prohibit me from designating other persons to sign and file my Forms 3, 4 and 5, or from so signing and filing such Forms myself. /s/ Ronald Cogburn 2019-08-28