SUBSCRIPTION FORM FOR FIRST LIEN RIGHTS OFFERING OR PLAN DISTRIBUTION REGISTRATION FORM (LENDERS)

ENDO INTERNATIONAL PLC, ET AL.

PLAN DISTRIBUTION REGISTRATION FORM FOR ALL HOLDERS OF ALLOWED FIRST LIEN CREDIT AGREEMENT CLAIMS

AND

SUBSCRIPTION FORM FOR FIRST LIEN RIGHTS OFFERING1 (FOR PARTICIPATING HOLDERS OF ALLOWED FIRST LIEN CREDIT AGREEMENT CLAIMS)

PLEASE NOTE: IF YOU ARE A HOLDER OF ALLOWED FIRST LIEN CREDIT AGREEMENT CLAIMS, YOU MUST FILL OUT THIS FORM TO RECEIVE YOUR DISTRIBUTION UNDER THE PLAN ON ACCOUNT OF YOUR CLAIMS, IRRESPECTIVE OF YOUR PARTICIPATION IN THE FIRST LIEN RIGHTS OFFERING. FAILURE TO FILL OUT THE MANDATORY INFORMATION REQUIRED IN THIS FORM MAY RESULT IN THE FORFEITURE OF YOUR PLAN DISTRIBUTIONS PURSUANT TO THE PLAN. PARTICIPATION IN THE FIRST LIEN RIGHTS OFFERING IS NOT MANDATORY; HOWEVER, YOU MUST COMPLETE THIS FORM TO RECEIVE YOUR PLAN DISTRIBUTION.

Pursuant to the Plan, holders of Allowed First Lien Claims are entitled to receive (among other things) 96.30% of the Purchaser Equity (subject to dilution by any issuances of Purchaser Equity under or pursuant to (1) the Rights Offerings and the Backstop Commitment Agreements; and (2) the Management Incentive Plan) and certain Cash payments.

Plan Distributions for Allowed First Lien Notes Claims will be allocated through a mandatory exchange at DTC.

Plan Distributions for Allowed First Lien Credit Agreement Claims will be allocated via a Deposit/Withdrawal at Custodian (“DWAC”), which requires the details below to be completed.

Holders of all Allowed First Lien Claims, including Backstop Commitment Parties,2 who are participating in the First Lien Rights Offering must complete this First Lien Rights Offering Subscription Form to claim their allocations subscribed for in the First Lien Rights Offering, any allocations pursuant to the Backstop Commitment Agreements, and Plan Distributions.

1 Capitalized terms used and not defined herein shall have the meaning ascribed to them in the Plan or the First Lien Rights Offering Procedures.

2 “Backstop Commitment Parties” are, collectively, the First Lien Backstop Commitment Parties and the GUC Backstop Commitment Parties.

Holders of Allowed First Lien Credit Agreement Claims who are not participating in the First Lien Rights Offering must nonetheless complete the relevant sections of this Plan Distribution Registration Form and provide the relevant details set forth therein to receive their respective Plan Distributions.

If you are not participating in the First Lien Rights Offering, please indicate your intent and follow the instructions via Kroll’s electronic submission portal to complete the relevant sections of this form (details further described below).

First Lien Rights Offering Selection

FIRST LIEN RIGHTS OFFERING EXPIRATION TIME

The First Lien Rights Offering Expiration Time is 5:00 p.m. New York City time on April 12, 2024.

Please note that your First Lien Subscription Form (with accompanying IRS Form W-9 or appropriate IRS Form W-8, as applicable) must be actually received by Kroll, LLC (the “Subscription Agent”), along with a wire transfer of your First Lien Subscription Price to the Subscription Agent, at or prior to the First Lien Rights Offering Expiration Time or the subscription represented by your First Lien Subscription Form will not be recognized, and you will be deemed forever to have relinquished and waived your right to participate in the First Lien Rights Offering.

The Purchaser Equity distributed and issued pursuant to these First Lien Rights Offering Procedures (the “First Lien Rights Offering Shares”) are being distributed and issued by Purchaser Parent pursuant to the First Lien Rights Offering without registration under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon the exemption from registration provided in section 1145 of the Bankruptcy Code to the maximum extent possible and, to the extent such exemption is unavailable, are issued solely to qualified holders in reliance on the exemption from registration provided by Section 4(a)(2) under the Securities Act and Regulation D promulgated thereunder, or another available exemption, as applicable.

The First Lien Subscription Rights distributed and issued with respect to the First Lien Credit Agreement Claims may NOT be Transferred. The First Lien Credit Agreement Claims may be Transferred and detached from the First Lien Subscription Rights. HOWEVER, ANY AMOUNT OF FIRST LIEN CREDIT AGREEMENT CLAIMS TRANSFERRED AFTER THE FIRST LIEN SUBSCRIPTION RECORD DATE AND ON OR PRIOR TO THE FIRST LIEN EMERGENCE RECORD DATE WILL CAUSE THE PRO RATA AMOUNT OF FIRST LIEN SUBSCRIPTION RIGHTS AND ANY FIRST LIEN RIGHTS OFFERING SHARES TO BE DISTRIBUTED AND ISSUED WITH RESPECT TO SUCH AMOUNT OF FIRST LIEN CREDIT AGREEMENT CLAIMS TO NO LONGER BE ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 1145, AND INSTEAD WILL BE ISSUED IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION PROVIDED IN SECTION 4(a)(2) AND/OR REGULATION D OR REGULATION S.

None of the First Lien Subscription Rights or the Purchaser Equity issuable upon exercise of such First Lien Subscription Rights distributed pursuant to the First Lien Rights Offering Procedures have been or will be registered under the Securities Act, nor any state or local law requiring registration for the offer or sale of a security.

In any member state of the European Economic Area (the “EEA”) (each member state, a “Relevant State”), the First Lien Rights Offering Procedures are only addressed to and only directed at qualified investors in that Relevant State within the meaning of the Regulation (EU) 2017/1129 (the “Prospectus Regulation”). Qualified investors (as defined in the Prospectus Regulation) in the EEA shall be referred to as “Permitted EU Persons.” The First Lien Rights Offering Procedures have been prepared on the basis that all offers to the public of First Lien Rights Offering Shares within a Relevant State will be made pursuant to an exemption under the Prospectus Regulation from the requirement to publish a prospectus for offer of securities. Accordingly, any person making or intending to make any subscription for First Lien Rights Offering Shares within any Relevant State should only do so in circumstances in which no obligation arises to publish a prospectus under Article 3 of the Prospectus Regulation or a supplement to a prospectus under Article 23 of the Prospectus Regulation. None of Purchaser Parent, the Debtors, their affiliates, their successors or any persons acting on their behalf has authorized, nor do they authorize, the making of any offer of First Lien Rights Offering Shares through any financial intermediary, which constitute the final placement of the First Lien Rights Offering Shares contemplated by the First Lien Rights Offering Procedures.

In the United Kingdom, the First Lien Rights Offering Procedures are only addressed to and only directed at qualified investors in the United Kingdom within the meaning of the Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”). Qualified investors (as defined in the UK Prospectus Regulation) in the United Kingdom shall be referred to as “Permitted UK Persons.” The First Lien Rights Offering Procedures have been prepared on the basis that all offers to the public of First Lien Rights Offering Shares within the United Kingdom will be made pursuant to an exemption under the UK Prospectus Regulation from the requirement to publish a prospectus for offer of securities. Accordingly, any person making or intending to make any subscription for First Lien Rights Offering Shares within the United Kingdom should only do so in circumstances in which no obligation arises to publish a prospectus under section 85 of the United Kingdom’s Financial Services and Markets Act 2000 (as amended) (the “FSMA”) or a supplement to a prospectus under Article 23 of the UK Prospectus Regulation. In relation to the United Kingdom, no offer of the First Lien Rights Offering Shares or the First Lien Subscription Rights may be made to the public at any time other than pursuant to an exemption under the UK Prospectus Regulation. None of Purchaser Parent, the Debtors, their affiliates, their successors or any persons acting on their behalf has authorized, nor do they authorize, the making of any offer of First Lien Rights Offering Shares through any financial intermediary, which constitute the final placement of the First Lien Rights Offering Shares contemplated by the First Lien Rights Offering Procedures.

In relation to each Relevant State, no offer of the First Lien Subscription Rights or the First Lien Rights Offering Shares may be made to the public at any time other than pursuant to an exemption under the Prospectus Regulation and/or other applicable law.

The First Lien Rights Offering Procedures have not been approved by an authorized person for the purposes of section 21 of the FSMA. In the United Kingdom, distribution of the First Lien Rights Offering Procedures is exempt from the restriction in Section 21 of the FSMA on the basis of Article 43 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “FPO”). Accordingly, the First Lien Rights Offering Procedures are not being distributed to, and must not be passed on to, the general public in the United Kingdom. In addition, in the United Kingdom, the First Lien Rights Offering Procedures are being distributed only to, and any offer or invitation contained in these First Lien Rights Offering Procedures is directed only at, Permitted UK Persons who are (i) investment professionals within the meaning of Article 19(5) of the FPO, or (ii) high net worth entities or other persons falling within Article 49(2)(a) to (d) of the FPO, or (iii) persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in relation to the First Lien Rights Offering Procedures may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Any person in the United Kingdom that is not a Relevant Person should not act or rely on the information included in the First Lien Rights Offering Procedures or use it as the basis for taking any action. In the United Kingdom, any investment or investment activity that the First Lien Rights Offering Procedures relate to may be made or taken exclusively by Relevant Persons.

Please consult the Plan, the Disclosure Statement, and the First Lien Rights Offering Procedures (including the First Lien Rights Offering Instructions included therein) for additional information with respect to this First Lien Subscription Form.

If you have any questions, please contact the Subscription Agent by emailing EndoIssuerServices@is.kroll.com (please reference “Endo First Lien Rights Offering” in the subject line).

SUBJECT TO THE TERMS AND CONDITIONS OF THE FIRST LIEN RIGHTS OFFERING PROCEDURES AND THE FIRST LIEN BACKSTOP COMMITMENT AGREEMENT, ALL SUBSCRIPTIONS SET FORTH IN THIS FIRST LIEN SUBSCRIPTION FORM ARE IRREVOCABLE.

To subscribe, fill out Items 1 and 2 and read and complete (where applicable) Items 3, 4, 5, and 6 below.

The undersigned, or the holder on whose behalf the undersigned is executing this form, is a holder of Allowed First Lien Credit Agreement Claims (collectively, the “Allowed First Lien Credit Agreement Claims”) in the following aggregate principal amount(s).

 (ii)         Registration Information for the Direct Registration of Plan Equity or First Lien Rights Offering Shares.

The undersigned hereby certifies that the undersigned is the beneficial holder of the Eligible Claims above, or the authorized signatory (the “Authorized Signatory”) of such beneficial holder acting on behalf of the holder, and, if exercising First Lien Subscription Rights, (a) the holder has reviewed a copy of the Plan, the Disclosure Statement, and the First Lien Rights Offering Procedures (including the First Lien Rights Offering Instructions included therein) and (b) the holder understands that any exercise of the rights under the First Lien Rights Offering is subject to all the terms and conditions set forth in the Plan, the First Lien Rights Offering Procedures and the First Lien Backstop Commitment Agreement.

If exercising First Lien Subscription Rights, the holder (or the Authorized Signatory on behalf of such holder) acknowledges that, by executing this First Lien Subscription Form, the Eligible Holder named below (i) has elected to subscribe for First Lien Rights Offering Shares for the First Lien Subscription Price designated in Item 2b above and (ii) will be bound to pay such Subscription Price for First Lien Rights Offering Shares it has subscribed for.