GARRETT MOTION INC.

Garrett Motion Inc. disclosed a cybersecurity incident stemming from a supply-chain compromise of its vendor, Progress Software Corporation's MOVEit file transfer software. On July 28, 2023, Garrett learned that an unauthorized party accessed certain data belonging to the Company, its employees, and customers prior to a vendor patch being applied. Garrett engaged third-party cybersecurity experts and notified law enforcement. The Company stated it believed the incident would have no material adverse effect on its business.