No securities are beneficially owned.
The reporting person is associated with Apollo Management Holdings, L.P. ("Apollo Management") and its affiliated investment managers that serve as the investment managers of investment funds that hold the Issuer's preferred shares. This report does not include any securities of the Issuer held by the funds, or that may be deemed to be beneficially owned by Apollo Management, or any of the Apollo investment managers or investment advisors affiliated with Apollo Management, and the reporting person disclaims beneficial ownership of all such securities. This report shall not be deemed an admission that the reporting person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.