On April 23, 2023, Bed Bath & Beyond Inc., which includes the Bed Bath & Beyond and buybuy BABY concepts, filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey to implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets. The Company's stores and websites remain open and continue serving customers as efforts to effectuate the closure of its retail locations continues.

Following the Company’s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code, trading in the Company's common stock (Nasdaq: BBBY) was suspended at the opening of business on May 3, 2023.

Additional information regarding the Company’s case is available at https://restructuring.ra.kroll.com/bbby. Stakeholders with questions can contact the Company's Claims Agent, Kroll LLC, at BBBYInfo@ra.kroll.com, (833) 570-5355, or (646) 440-4806 if calling from outside the U.S. or Canada.