Kodak Details Restructuring Progress; Will ‘Wind Down’ Consumer Inkjet Printer Sales

• Negotiations with respect to a fair, equitable and permanent resolution of Kodak’s U.S. retiree benefit (OPEB) liability, which amounts to approximately $1.2 billion;

• Use of the applicable provisions of the Bankruptcy Code to renegotiate existing supply contracts or to enforce pre-petition contracts to achieve substantial cost savings;