13D Filing: Mudrick Capital Management, L.P. and Verso Corp (VRSZQ)

E.

Drawdown GP

(a)

As the general partner of Drawdown LP, Drawdown GP may be deemed to beneficially own 742,838 Shares that are beneficially owned directly by Drawdown LP, including 15,368 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
2.2%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 742,838 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 742,838 (including warrants)

(c)

Drawdown GP has not entered into any transactions in the Shares during the past 60 days.

F.

MCM

(a)

As the investment manager to each of Specialty LP, Drawdown LP, Global LP and certain managed accounts, MCM may be deemed to beneficially own 5,218,411 Shares, including 126,138 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
15.3%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,218,411 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,218,411 (including warrants)

(c)

MCM has not entered into any transactions in the Shares during the past 60 days.

G.

MCM GP

(a)

As the general partner of MCM, MCM GP may be deemed to beneficially own the 5,218,411 Shares beneficially owned by MCM, including 126,138 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
15.3%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,218,411 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,218,411 (including warrants)

(c)

MCM GP has not entered into any transactions in the Shares during the past 60 days.