DAVIDSON KEMPNER CAPITAL MANAGEMENT LP → Vacasa, Inc.

As reported in Amendment No. 2 to the Schedule 13D, on February 3, 2025, DK submitted to the Special Committee a letter (the "Initial Offer") setting forth a non-binding offer to acquire all of the outstanding share capital of the Issuer that are not owned by DK. On February 28, 2025, DK sent a letter to the Special Committee (the "Updated Offer") removing the credit agreement amendment condition contained in its Initial Offer. Because DK is prepared to backstop the availability of the credit agreement, its proposal is no longer subject to such condition. A copy of the Updated Offer is filed as Exhibit 99.8 to this Amendment No. 3, and the information set forth in the Updated Offer is incorporated by reference herein.