X0306 4 2021-04-30 1 0001735707 Garrett Motion Inc. GTX 0001830175 Keyframe Capital Partners, L.P. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830200 Keyframe Fund I, L.P. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830338 Keyframe Fund II, L.P. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830260 Keyframe Fund III, L.P. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830238 Keyframe Fund IV, L.P. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830247 Keyframe Capital Advisors, L.L.C. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001830199 Keyframe Capital Partners GP, L.L.C. 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group 0001619801 Rapaport John Ross 65 EAST 55TH STREET, 35TH FLOOR NEW YORK NY 10022 0 0 0 1 Member of 10% owner group Common Stock 2021-04-30 4 J 0 1506050 D 0 I See Footnote On September 20, 2020, Garrett Motion Inc. (the "Issuer") and certain of its subsidiaries (collectively, the "Debtors") each filed a voluntary petition for relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On April 26, 2021, the Debtors filed an amended Chapter 11 plan of reorganization (the "Plan") and on April 9, 2021, the Issuer filed a supplement to the Plan (as amended on April 20, 2021 and April 22, 2021, the "Plan Supplement") with the Bankruptcy Court. On April 26, 2021, the Bankruptcy Court entered an order confirming the Plan (the "Confirmation Order") and, on April 30, 2021 (the "Effective Date") the conditions to effectiveness of the Plan were satisfied or waived and the Issuer emerged from bankruptcy. (Continued from footnote 1) On the Effective Date, all outstanding shares of the Issuer's common stock outstanding prior to the Effective Date were canceled, released, and extinguished, and of no further force or effect and without any need for a holder of such common stock to take further action with respect thereto. Accordingly, this Form 4 shall constitute an exit filing for the Reporting Persons with respect to the Issuer. Keyframe Fund I, L.P., Keyframe Fund II, L.P., Keyframe Fund III, L.P. and Keyframe Fund IV, L.P. (collectively, the "Keyframe Funds") directly hold 263,900, 225,226, 564,200 and 452,724 shares, respectively, of common stock of the Issuer. Keyframe Capital Advisors, L.L.C. ("KCA") is the general partner of each of the Keyframe Funds. Keyframe Capital Partners, L.P. ("KCP") is the investment manager to each of the Keyframe Funds. Keyframe Capital Partners GP, L.L.C. ("KCPGP") is the general partner to KCP. Mr. John R. Rapaport is the Chief Investment Officer and Managing Partner of KCP and the Managing Member of both KCA and KCPGP. The Keyframe Funds, KCA, KCP, KCPGP and Mr. Rapaport are collectively referred to as the "Reporting Persons." The Reporting Persons are jointly filing this Form 4. The Reporting Persons disclaim beneficial ownership of any securities reported by any person except to the extent of their pecuniary interest therein. Keyframe Fund I, L.P., By: Keyframe Capital Advisors, L.L.C., its General Partner, By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 Keyframe Fund II, L.P., By: Keyframe Capital Advisors, L.L.C., its General Partner, By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 Keyframe Fund III, L.P., By: Keyframe Capital Advisors, L.L.C., its General Partner, By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 Keyframe Fund IV, L.P., By: Keyframe Capital Advisors, L.L.C., its General Partner, By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 Keyframe Capital Advisors, L.L.C., By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 Keyframe Capital Partners, L.P., By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Chief Investment Officer and Managing Partner 2021-05-03 Keyframe Partners GP, L.L.C., By: /s/ John R. Rapaport, Name: John R. Rapaport, Title: Managing Member 2021-05-03 /s/ John R. Rapaport, John R. Rapaport 2021-05-03