Announcement • Apr 10
Mondee Holdings, Inc. Announces Board Changes On April 3, 2025 Mondee Holdings, Inc. announced Mr. Prasad Gundumogula resigned from the Board of Directors as a Class III director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction. Mr. Jesus Portillo resigned from the Board of the Company as a Class II director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction. On April 3, 2025, Mr. Orestes Fintiklis resigned from the Board of the Company as a Class III director of the Board and from all other positions he holds with the Company and each of its subsidiaries, effective upon the closing of the Sale Transaction. On April 3, 2025, Mr. Jeffrey Clarke resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction. Ms. Mona Aboelnaga Kanaan resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction.Mr. Asi Ginio resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction. Mr. Pradeep Udhas resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction. Ms. Noor Sweid resigned from the Board of the Company as a Class I director of the Board, effective upon the closing of the Sale Transaction. Mr. Timothy Pohl resigned from the Board of the Company as a Class II director of the Board, effective upon the closing of the Sale Transaction. Mr. Neal Goldman resigned from the Board of the Company as a Class III director of the Board, effective upon the closing of the Sale Transaction. Announcement • Jan 16
Mondee Holdings, Inc. Filed for Bankruptcy Mondee Holdings, Inc., along with its 18 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on January 14, 2025. The debtor listed both its assets and liabilities in the range of $100 million to $500 million. The debtor is represented by Shella Borovinskaya and Edmon L. Morton of Young Conaway Stargatt & Taylor, LLP as its legal counsels. Announcement • Jan 15
Mondee Holdings, Inc., TCW Asset Management Company LLC and Wingspire Capital LLC Announce Prasad Gundumogula to Serve as CEO of the Newly Formed Entity Mondee Holdings, Inc. (Mondee or the company) announced that it has entered into a restructuring support agreement which outlines a series of transactions that will strengthen the company’s balance sheet and position it for long term success, including a term sheet to sell substantially all of the assets of the company to a newly formed entity owned by, among others, affiliates of TCW Asset Management Company LLC and Wingspire Capital LLC (the TCW Bid). If the TCW Bid is the successful one, following the closing of the sale, Mr. Prasad Gundumogula will have a 75% equity stake in, and serve as CEO of, the newly formed entity. 
