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Holdings I, in its capacity as the general partner of Capital
I, has the ability to direct the management of Capital I’s business, including the power to direct the decisions of Capital
I regarding the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings; therefore, Holdings I may be deemed
to have indirect beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
Holdings, in its capacity as the managing member of Holdings
I, has the ability to direct the management of Holding I’s business, including the power to direct the decisions of Holdings
I regarding the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings; therefore, Holdings may be deemed
to have indirect beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
OCG, in its capacity as the managing member of Holdings, has
the ability to direct the management of Holdings’ business, including the power to direct the decisions of Holdings regarding
the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings; therefore, OCG may be deemed to have indirect
beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
OCGH GP, in its capacity as the indirect owner of the class
B units of each of OCG and Atlas, has the ability to appoint and remove certain directors of OCG and Atlas and, as such, may indirectly
control the decisions of OCG and Atlas regarding the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings;
therefore, OCGH GP may be deemed to have indirect beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
BAM, in its capacity as the indirect owner of the class A units
of each of OCG and Atlas, has the ability to appoint and remove certain directors of OCG and Atlas and, as such, may indirectly
control the decisions of OCG and Atlas regarding the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings;
therefore BAM may be deemed to have indirect beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
Partners, in its capacity as the sole owner of Class B
Limited Voting Shares of BAM, has the ability to appoint and remove certain directors of BAM and, as such, may indirectly control
the decisions of BAM regarding the vote and disposition of securities held by XI CHK Holdings and Xb CHK Holdings; therefore Partners
may be deemed to have indirect beneficial ownership of the Shares held by XI CHK Holdings and Xb CHK Holdings.
Pursuant to Rule 13d-4 of the Exchange Act, the Reporting
Persons declare that filing this Statement shall not be construed as an admission that any such person is, for the purposes of
Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this
Statement except to the extent of such person’s pecuniary interest in the Shares, and except to the extent of its pecuniary
interest, such beneficial ownership is expressly disclaimed by each Reporting Person.
All ownership percentages of the securities reported in this
Statement are based on an aggregate of 98,287,520 Shares of the Issuer, consisting of (i) 97,906,968 Shares outstanding as of February
9, 2021, as reported by the Issuer on the Form 8-K and (ii) Warrants to purchase 380,552 Shares beneficially owned by the Reporting
Person. These amount of Shares beneficially owned by the Reporting Person represents the
Reporting Person’s estimates. See Explanatory Note above.
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