IN THE UNITED STATES BANKRUPTCY COURT
FOR THE SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION
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In re:
SUNNOVA ENERGY INTERNATIONAL INC., et al.,1
Debtors.
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Chapter 11
Case No. 25- 90160 (ARP)
(Jointly Administered)
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NOTICE OF OPPORTUNITY FOR CERTAIN HOLDERS OF CLAIMS
IN CLASS 3, CLASS 4, AND CLASS 5 TO OPT OUT OF THE THIRD-PARTY
RELEASE
PLEASE TAKE FURTHER NOTICE THAT, on November 12, 2025, the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”) entered the Order Approving the Debtors’ Disclosure Statement for, and Confirming the Third Amended Joint Chapter 11 Plan of Sunnova Energy International Inc. and Its Debtor Affiliates (Further Technical Modifications) [Docket No. 1205] (the “Confirmation Order”), confirming, as modified therein, the Third Amended Joint Chapter 11 Plan of Sunnova Energy International Inc. and Its Debtor Affiliates (Further Technical Modifications) [Docket No. 1177] (the “Plan”).2
PLEASE TAKE FURTHER NOTICE THAT the original deadline to submit a properly completed and executed Opt Out Form was October 13, 2025, at 4:00 p.m., prevailing Central Time (the “Original Opt Out Deadline”).
PLEASE TAKE FURTHER NOTICE THAT pursuant to the Confirmation Order the Original Opt Out Deadline has been extended to January 26, 2026 at 11:59 p.m. (prevailing Central Time), for Holders of Claims in Class 3, Class 4, and Class 5 that did not submit an Opt Out Form by the Original Opt Out Deadline (the “Extended Deadline”) or otherwise receive acknowledgement from the Debtors that such Holder has been deemed to opt out of the Third-Party Release.
PLEASE TAKE FURTHER NOTICE THAT, if you previously submitted an Opt Out Form, or the Debtors have otherwise acknowledged that you have been deemed to opt out of the Third-Party Release, no further action is required.
PLEASE TAKE FURTHER NOTICE THAT if you would like to obtain a copy of the Conditional Disclosure Statement Order, the Disclosure Statement, the Plan, the Plan Supplement, or related documents, you may obtain them from Kroll Restructuring Administration LLC (the “Claims and Balloting Agent”) at no charge by: (a) accessing the Debtors’ restructuring website at https://restructuring.ra.kroll.com/Sunnova; (b) writing to (i) Sunnova Energy International Inc., Claims Processing Center, c/o Kroll Restructuring Administration, Grand Central Station, PO Box 4850, New York, NY 10163-4850 (by First Class Mail) or (ii) Sunnova Energy International Inc., Claims Processing Center, c/o Kroll Restructuring Administration, 850 3rd Avenue, Suite 412, Brooklyn, NY 11232 (by Hand Delivery or Overnight Mail); (c) calling the Debtors’ restructuring hotline at (888) 975-5436 (U.S. Toll-Free/Domestic) OR +1 (646) 930-4686 (International); or (d) emailing SunnovaInfo@ra.kroll.com. You may also obtain copies of any pleadings filed in these Chapter 11 Cases for a fee via PACER at: http://ecf.txsd.uscourts.gov.
ARTICLE VIII OF THE PLAN CONTAINS RELEASE, EXCULPATION, AND INJUNCTION PROVISIONS, AND ARTICLE VIII.C CONTAINS A THIRD-PARTY RELEASE. YOU ARE ADVISED TO REVIEW AND CONSIDER THE PLAN CAREFULLY BECAUSE YOUR RIGHTS MIGHT BE AFFECTED THEREUNDER.
ALL HOLDERS OF CLAIMS THAT DO NOT ELECT TO OPT OUT OF THE PROVISIONS CONTAINED IN ARTICLE VIII OF THE PLAN USING THE ENCLOSED OPT OUT FORM WILL BE DEEMED TO HAVE EXPRESSLY, UNCONDITIONALLY, GENERALLY, INDIVIDUALLY, AND COLLECTIVELY CONSENTED TO THE RELEASE AND DISCHARGE OF ALL CLAIMS AND CAUSES OF ACTION AGAINST THE DEBTORS AND THE RELEASED PARTIES. BY ELECTING TO OPT OUT OF THE RELEASES SET FORTH IN ARTICLE VIII.C OF THE PLAN, YOU WILL FOREGO THE BENEFIT OF OBTAINING THE RELEASES SET FORTH IN ARTICLE VIII OF THE PLAN IF YOU ARE A RELEASED PARTY IN CONNECTION THEREWITH.
THIS NOTICE IS BEING SENT TO YOU FOR INFORMATIONAL PURPOSES ONLY. IF YOU HAVE QUESTIONS WITH RESPECT TO YOUR RIGHTS UNDER THE PLAN OR ABOUT ANYTHING STATED HEREIN OR IF YOU WOULD LIKE TO OBTAIN ADDITIONAL INFORMATION, CONTACT THE CLAIMS AND BALLOTING AGENT.
Houston, Texas
November 13, 2025
/s/ Draft
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BRACEWELL LLP
Jason G. Cohen (TX Bar No. 24050435)
Jonathan L. Lozano (TX Bar No. 24121570)
711 Louisiana Street, Suite 2300
Houston, Texas 77002
Telephone: (713) 223-2300
Facsimile: (800) 404-3970
Email: jason.cohen@bracewell.com
jonathan.lozano@bracewell.com
Co-Counsel to the Debtors
and Debtors in Possession
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KIRKLAND & ELLIS LLP
KIRKLAND & ELLIS INTERNATIONAL LLP
Anup Sathy, P.C. (admitted pro hac vice)
333 West Wolf Point Plaza
Chicago, Illinois 60654
Telephone: (312) 862-2000
Facsimile: (312) 862-2200
Email: anup.sathy@kirkland.com
-and-
KIRKLAND & ELLIS LLP
KIRKLAND & ELLIS INTERNATIONAL LLP
Brian Schartz, P.C. (TX Bar No. 24099361)
Ciara Foster (admitted pro hac vice)
Margaret Reiney (admitted pro hac vice)
601 Lexington Avenue
New York, New York 10022
Telephone: (212) 446-4800
Facsimile: (212) 446-4900
Email: brian.schartz@kirkland.com
ciara.foster@kirkland.com
margaret.reiney@kirkland.com
Co-Counsel to the Debtors
and Debtors in Possession
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OPTIONAL: RELEASE OPT OUT FORM
You are receiving this opt out form (the “Opt Out Form”) because you are or may be a Holder of a Claim in Class 3, Class 4, or Class 5 that returned a Ballot voting to accept the Third Amended Joint Chapter 11 Plan of Sunnova Energy International Inc. and Its Debtor Affiliates (Further Technical Modifications) (the “Plan”) and that did not submit an Opt Out Form by October 13, 2025, at 4:00 p.m. (prevailing Central Time). Holders of Claims are deemed to grant the Third-Party Release set forth in this notice unless a holder affirmatively opts out of such grant by completing and returning this form in accordance with the directions herein or files an objection to the Third-Party Release with the Bankruptcy Court on or before January 26, 2026, at 11:59 p.m., prevailing Central Time (the “Opt Out Deadline”).
If you previously submitted an Opt Out Form, or the Debtors have otherwise acknowledged that you have been deemed to opt out of the Third-Party Release, no further action is required.
If you believe you are a holder of a Claim against the Debtors that did not previously submit an Opt Out Form by the Opt Out Deadline, or otherwise receive acknowledgement from the Debtors that you have been deemed to opt out of the Third-Party Release, and you choose to opt out of the Third-Party Release set forth in Article VIII.C of the Plan, please promptly complete, sign, and date this Opt Out Form and return it in the enclosed business reply envelope or otherwise via first class mail, overnight courier, or hand delivery to the Claims and Balloting Agent at the address set forth below. Alternatively, Holders are strongly encouraged to submit their Opt Out Form electronically through the Notice and Claims Agent’s online E-Ballot Portal per instructions set forth below and at the “Submit E-Ballot” section of the Debtors’ restructuring website at https://restructuring.ra.kroll.com/sunnova. Parties that submit their Opt Out Form using the E-Ballot Portal should NOT also submit a paper Opt Out Form.
Please see below for online submission instructions for Beneficial Holders of the Debtors’ Senior Notes in Class 3 and/or Convertible Notes in Class 5 whose positions in the applicable Unsecured Notes are held in “street name” through a bank, broker, or other intermediary, or an agent therefor (each such intermediary, a “Nominee”).
Your receipt of this Opt Out Form does not indicate that your Claims have been or will be Allowed.
PLEASE COMPLETE ITEMS 1 THROUGH 3. THIS OPT OUT FORM MUST BE ACTUALLY RECEIVED BY THE CLAIMS AND BALLOTING AGENT BY THE OPT OUT DEADLINE. IF THE OPT OUT FORM IS RECEIVED AFTER THE OPT OUT DEADLINE, IT WILL NOT BE COUNTED.
1 A complete list of each of the Debtors in these chapter 11 cases may be obtained on the website of the Debtors’ claims and noticing agent at https://restructuring.ra.kroll.com/Sunnova. The location of Debtor Sunnova Energy International Inc.’s corporate headquarters and the Debtors’ service address in these chapter 11 cases is 20 East Greenway Plaza, Suite 540, Houston, Texas 77046.
2 Capitalized terms used but not defined herein shall have the meanings given to them in the Plan or the Confirmation Order, as applicable.