Item 4 — Purpose of Transaction
Item 4 of the Initial 13D is hereby amended and supplemented by adding the following: On November 3, 2026, the Issuer entered into an underwriting agreement (the "Underwriting Agreement") with Barclays Capital Inc. and Jefferies LLC, as representatives (the "Representatives") of the several underwriters named therein (the "Underwriters"), relating to the offering of 10,515,248 Shares at a public offering price of $47.55 per Share (the "Equity Offering"). The Issuer also granted the Underwriters a 30-day option to purchase up to 1,577,287 additional Shares from the Issuer. The Equity Offering closed on November 5, 2026. The Reporting Persons and their affiliates did not sell Shares as selling stockholders in the Equity Offering. In connection with the Equity Offering, on November 3, 2026, American Entertainment Properties Corp. and IEP Energy Holding LLC, each an indirect wholly owned subsidiary of Icahn Enterprises Holdings L.P., each entered into customary lock-up letter agreements with the Representatives for a period of 30 days, subject to customary exceptions (the "Lock-Up Agreements").