X0202 SCHEDULE 13G/A 0001140361-24-048814 0001892307 XXXXXXXX LIVE 2 Common Stock, $0.001 par value per share 03/31/2026 0000910612 CBL & ASSOCIATES PROPERTIES, INC. 124830878 2030 Hamilton Place Blvd., Suite 500, Chattanooga X1 37421 Rule 13d-1(c) OCM Xb CBL-E Holdings, LLC DE 0.00 820000.00 0.00 820000.00 820000.00 2.65 OO The reported percentage is calculated based on 30,944,758 shares of Common Stock outstanding as of May 6, 2026, as reported on the Issuer's 10-Q filed with the Securities and Exchange Commission ("SEC") on May 8, 2026. Oaktree Capital Holdings, LLC DE 0.00 820000.00 0.00 820000.00 820000.00 2.65 OO The reported percentage is calculated based on 30,944,758 shares of Common Stock outstanding as of May 6, 2026, as reported on the Issuer's 10-Q filed with the SEC on May 8, 2026. Oaktree Capital Group Holdings GP, LLC DE 0.00 820000.00 0.00 820000.00 820000.00 2.65 OO The reported percentage is calculated based on 30,944,758 shares of Common Stock outstanding as of May 6, 2026, as reported on the Issuer's 10-Q filed with the SEC on May 8, 2026. CBL & ASSOCIATES PROPERTIES, INC. 2030 Hamilton Place Blvd., Suite 500, Chattanooga, TN 37421 This statement is being jointly filed by each of the following persons (collectively, the "Reporting Persons"): (i) OCM Xb CBL-E Holdings, LLC ("Xb CBL-E"); (ii) Oaktree Capital Holdings, LLC ("OCH"); and (iii) Oaktree Capital Group Holdings GP, LLC ("OCGH"). 333 S. Grand Ave., 28th Floor, Los Angeles, CA 90071 See responses to row 4 on each cover page. Y See responses to row 9 on each cover page. The reported securities, which give effect to certain sales after March 31, 2026, are directly held by Xb CBL-E, which is indirectly managed by OCH, which is controlled by OCGH. Accordingly, OCH and OCGH indirectly exercise voting and dispositive control and may be deemed to beneficially own the reported securities directly held by Xb CBL-E. Pursuant to Rule 13d-4 of the Act, the Reporting Persons declare that filing this statement shall not be construed as an admission that any of the Reporting Persons are beneficial owners of the reported securities, for the purposes of Section 13(d) and/or Section 13(g) of the Act. See responses to row 11 on each cover page. See responses to row 5 on each cover page. See responses to row 6 on each cover page. See responses to row 7 on each cover page. See responses to row 8 on each cover page. N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Exhibit A Joint Filing Agreement, dated as of May 13, 2026 OCM Xb CBL-E Holdings, LLC /s/ Henry Orren 05/13/2026 Oaktree Capital Holdings, LLC /s/ Henry Orren 05/13/2026 Oaktree Capital Group Holdings GP, LLC /s/ Henry Orren 05/13/2026