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Full title: Notice Regarding Notice of Redline for Debtors' Fifth Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates (RE: related document(s)600 Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s)448 Order on Motion to Extend/Limit Exclusivity Period). (Attachments: # 1 Exhibit A - Org Chart), 775 First Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s)600 Chapter 11 Plan filed by Debtor Wave Computing, Inc.). (Attachments: # 1 Exhibit A - Organizational Chart), 806 Second Amended Chapter 11 Plan Second Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s)600 Chapter 11 Plan filed by Debtor Wave Computing, Inc., 775 Amended Chapter 11 Plan filed by Debtor Wave Computing, Inc.). (Attachments: # 1 Exhibit A - Org Chart), 816 Third Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s) 806 Amended Chapter 11 Plan ). (Attachments: # 1 Exhibit A - Organizational Chart), 846 Fourth Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s) 816 Amended Chapter 11 Plan ). (Attachments: # 1 Exhibit A - Org Chart), 1063 Fifth Amended Chapter 11 Plan Fifth Amended Joint Chapter 11 Plan of Reorganization for Wave Computing, Inc. and Its Debtor Affiliates Filed by Debtor Wave Computing, Inc. (RE: related document(s)600 Chapter 11 Plan filed by Debtor Wave Computing, Inc., 775 Amended Chapter 11 Plan filed by Debtor Wave Computing, Inc., 806 Amended Chapter 11 Plan filed by Debtor Wave Computing, Inc., 816 Amended Chapter 11 Plan filed by Debtor Wave Computing, Inc., 846 Amended Chapter 11 Plan filed by Debtor Wave Computing, Inc.). (Attachments: # 1 Exhibit A - Org Chart)). Filed by Debtor Wave Computing, Inc. (Attachments: # 1 Exhibit A - Plan Redline) (Newman, Samuel) (Entered: 01/15/2021)

Document posted on Jan 14, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

25 26 27 1 The Debtors in these chapter 11 cases are Wave Computing, Inc., MIPS Tech, Inc., Hellosoft, IncWave Computing (UK) Limited, Imagination Technologies, Inc., Caustic Graphics, Inc., and MIP28 1TO THE HONORABLE M. ELAINE HAMMOND, THE OFFICE OF THE UNITED 2 STATES TRUSTEE, THE DEBTORS AND ALL INTERESTED PARTIES: 3 PLEASE TAKE NOTICE that on October 15, 2020, Wave Computing, Inc. (“Wave”) an4 its debtor affiliates, as debtors and debtors in possession (collectively, the “Debtors”) filed its Joi 5 Chapter 11 Plan of Reorganization for Wave Computing, Inc. and its Debtor Affiliates (the “Plan”6 10 PLEASE TAKE FURTHER NOTICE that on November 19, 2020, the Debtors filed th11 second amended version of the Plan17 PLEASE TAKE FURTHER NOTICE that on December 21, 2020, the Debtors commence18 an auction seeking the highest or otherwise best offer to purchase or reorganize the Debtors’ busines19 and, as an exercise of their business judgment, the Debtors selected Tallwood as the party with th20 highest or otherwise best offer (the “Successful Bidder”) at the conclusion of the auction the next da21 PLEASE TAKE FURTHER NOTICE that on December 23, 2020, the Debtors filed a notic22 23 identifying Tallwood as the Successful Bidder [Docket No. 965] with the letter outlining the terms 24 Tallwood’s bid, which improved the terms of the Plan, attached as Exhibit A thereto (the “Plan Bid”25 PLEASE TAKE FURTHER NOTICE that on January 15, 2021, the Debtors filed the fift26 amended version of the Plan5 PLEASE TAKE FURTHER NOTICE that the Debtors accordingly reserve the right t6 further amend the Plan in a manner consistent with the Plan Bid.

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1 SIDLEY AUSTIN LLP Samuel A. Newman (SBN 217042) 2 (sam.newman@sidley.com) Genevieve G. Weiner (SBN 254272) 3 (gweiner@sidley.com) Julia Philips Roth (SBN 324987) 4 (julia.roth@sidley.com) 555 West Fifth Street 5 Los Angeles, CA 90013 Telephone: 213.896.6000 6 Facsimile: 213.896.6600 7 SIDLEY AUSTIN LLP Charles M. Persons (admitted pro hac vice) 8 (cpersons@sidley.com) Juliana Hoffman (admitted pro hac vice) 9 (jhoffman@sidley.com) Jeri Leigh Miller (admitted pro hac vice) 10 (jeri.miller@sidley.com) 2021 McKinney Avenue, Suite 2000 11 Dallas, TX 75201 Telephone: 214.981.3300 12 Facsimile: 214.981.3400 13 Attorneys for Debtors and Debtors in Possession 14 UNITED STATES BANKRUPTCY COURT 15 NORTHERN DISTRICT OF CALIFORNIA 16 SAN JOSE DIVISION 17 18 In re: ) Case No. 20-50682 (MEH) ) 19 WAVE COMPUTING, INC., et al., ) Chapter 11 (Jointly Administered) ) 20 Debtors.1 ) NOTICE OF REDLINE FOR DEBTORS’ ) FIFTH AMENDED JOINT CHAPTER 11 21 ) PLAN OF REORGANIZATION FOR ) WAVE COMPUTING, INC. AND ITS 22 ) DEBTOR AFFILIATES ) 23 ) Related to Docket Nos.: 600, 775, 806, 816, ) 846, 1063 24 ) 25 26 27 1 The Debtors in these chapter 11 cases are Wave Computing, Inc., MIPS Tech, Inc., Hellosoft, IncWave Computing (UK) Limited, Imagination Technologies, Inc., Caustic Graphics, Inc., and MIP28

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1 TO THE HONORABLE M. ELAINE HAMMOND, THE OFFICE OF THE UNITED 2 STATES TRUSTEE, THE DEBTORS AND ALL INTERESTED PARTIES: 3 PLEASE TAKE NOTICE that on October 15, 2020, Wave Computing, Inc. (“Wave”) an4 its debtor affiliates, as debtors and debtors in possession (collectively, the “Debtors”) filed its Joi 5 Chapter 11 Plan of Reorganization for Wave Computing, Inc. and its Debtor Affiliates (the “Plan”6 [Docket No. 600]. 7 8 PLEASE TAKE FURTHER NOTICE that on November 13, 2020, the Debtors filed the fir9 amended version of the Plan [Docket No. 775]. 10 PLEASE TAKE FURTHER NOTICE that on November 19, 2020, the Debtors filed th11 second amended version of the Plan [Docket No. 806]. 12 PLEASE TAKE FURTHER NOTICE that on November 20, 2020, the Debtors filed th13 third amended version of the Plan [Docket No. 816]. 14 PLEASE TAKE FURTHER NOTICE that on December 1, 2020, the Debtors filed the fourt15 16 amended version of the Plan [Docket No. 846] (the “Fourth Amended Plan”). 17 PLEASE TAKE FURTHER NOTICE that on December 21, 2020, the Debtors commence18 an auction seeking the highest or otherwise best offer to purchase or reorganize the Debtors’ busines19 and, as an exercise of their business judgment, the Debtors selected Tallwood as the party with th20 highest or otherwise best offer (the “Successful Bidder”) at the conclusion of the auction the next da21 PLEASE TAKE FURTHER NOTICE that on December 23, 2020, the Debtors filed a notic22 23 identifying Tallwood as the Successful Bidder [Docket No. 965] with the letter outlining the terms 24 Tallwood’s bid, which improved the terms of the Plan, attached as Exhibit A thereto (the “Plan Bid”25 PLEASE TAKE FURTHER NOTICE that on January 15, 2021, the Debtors filed the fift26 amended version of the Plan [Docket No. 1063] (the “Fifth Amended Plan”), which incorporates th27 terms of the Plan Bid.

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1 PLEASE TAKE FURTHER NOTICE that attached hereto as Exhibit A is a redlin2 reflecting changes between the Fourth Amended Plan and the Fifth Amended Plan. 3 PLEASE TAKE FURTHER NOTICE that the Plan remains subject to further revie4 negotiations, clarifications, and modifications in a manner consistent with the Plan Bid. 5 PLEASE TAKE FURTHER NOTICE that the Debtors accordingly reserve the right t6 further amend the Plan in a manner consistent with the Plan Bid. 7 8 PLEASE TAKE FURTHER NOTICE that copies of the pleadings and other document9 referenced herein can be viewed and/or obtained (i) by accessing the Bankruptcy Court’s website 10 https://www.canb.uscourts.gov/; or (ii) free of charge from the Debtors’ notice and claims age11 Donlin Recano, & Company at https://www.donlinrecano.com/Clients/wave/Dockets. 12 Dated: January 15, 2021 Respectfully submitted, 13 SIDLEY AUSTIN LLP 14 /s/ Samuel A. Newman 15 Samuel A. Newman 16 Charles M. Persons Juliana Hoffman 17 Attorneys for Debtors and 18 Debtors in Possession 19 20 21 22 23 24 25 26 27