Sinobec Group Inc. & al.

Documents

Court Motions and Orders Notices to Creditors List of Creditors

Reports of the Monitor Chapter 15 (US proceedings) Service list

CCAA

^{Page last updated: June 3, 2025}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of May 28, 2025

On May 27, 2025, the Monitor applied for the recognition of the CCAA Proceedings in the United States by filing a petition under Chapter 15 of the United States Bankruptcy Code before the United States Bankruptcy Court for the Northern District of Illinois, Western Division and on May 28, 2025, the U.S. Court entered an order provisionally enforcing the Initial Order in the United States pending a hearing on the merits of recognition on June 20, 2025.

We refer you to the “Chapter 15 (US proceedings)” section for more details.

Status of file as of May 26, 2025

On May 26, 2025, the Superior Court of Québec issued an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA” and the “CCAA Proceedings”) in respect of Sinobec Group Inc., Sinometal Resources Inc., Sinobec Resources LLC, 9184872 Canada Inc., Canadian Metal Service Centre Inc., Marquis Metal Material Inc., Icon Best Shower and Railings USA, Inc., Sinobec Trading Inc., Icon Best Shower Enclosures and Railings Inc. and Icon Best Shower Product Solutions USA Inc. (the “Debtors”).

The Initial Order provides for an initial stay of all proceedings until June 5, 2025, and appoints PricewaterhouseCoopers Inc. as monitor of the business and financial affairs of the Debtors (the “Monitor”).

On the same day, the Superior Court rendered a Sale and Investment Solicitation Process Approval Order.

We refer you to the “Court Motions and Orders” section for more details.