HC2 Holdings, Inc. and U.S. Bank National Association, as trustee that the Issuer has elected to redeem and will redeem on February 19, 2021 $67,716,000 aggregate principal amount of the Issuer’s 11.500% Senior Secured Notes due 2021, at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus accrued and unpaid interest since December 1, 2020, to the Redemption Date with the Net Cash Proceeds of an Asset Sale.