Case 25-11195-JKS Doc629 Filed 10/21/26 Page 1 of 10 UNITED STATES BANKRUPTCY COURT IN THE DISTRICT OF DELAWARE In re: Zen JV, LLC § Case No. 25-11195 : Lead Case No. 25-11195 Debtor(s) S Jointly Administered Post-confirmation Report Chapter 11 Quarter Ending Date: 09/30/2026 Petition Date: 06/24/2025 Plan Confirmed Date: 10/07/2025 Plan Effective Date: 10/14/2025 This Post-confirmation Report relates to: (~ Reorganized Debtor @ Other Authorized Party or Entity: Zen JV, LLC Name of Authorized Party or Entity /s/: Melissa M. Hartlipp Melissa M. Hartlipp Signature of Responsible Party Printed Name of Responsible Party 10/21/2026 Date 500 Delaware Avenue Suite 600 Wilmington, DE 19801 Address STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. $ 1320.4(a)(2) applies. UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 2 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Part 1: Summary of Post-confirmation Transfers Total Since Current Quarter Effective Date a. Total cash disbursements $0 $5,777,592 b. Non-cash securities transferred $0 $0 c. Other non-cash property transferred $0 $0 d. Total transferred (a+b+c) $0 $5,777,592 Part 2: Preconfirmation Professional Fees and Expenses Approved Approved | Paid Current Paid Current Cumulative Quarter Cumulative a. eee by pied he Sharia dnoensio ical $0| $13,362,496 $0| $13,362,496 Itemized Breakdown by Firm Firm Name Role i Latham & Watkins LLP Co-Counsel $0| $3,904,285 $0} $3,904,285 ii AlixPartners, LLP Financial Professional $0| $2,029,039 $0} $2,029,039 iii PJT Partners Financial Professional $0 $4,588,078 $0 $4,588,078 iv Richards, Layton & Finger, PA |Co-Counsel $0 $2,196,400 $0| $2,196,400 Vv Forvis Mazars LLP Other $0 $165,000 $0 $165,000 vi Omni Agent Solutions, Inc. Other $0 $479,694 $0 $479,694 vii ix xi xii xiv xv xvi XVii xix xx Xxi xxii xxiv XXV XXvi xxvii Xxix UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 3 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 xxx xoxxi ».0.0.05) Xxxiv xOKKV XxXxvi XXXVI al EVE) Se) ee ese eer oe UST Form 11-PCR (12/01/2021) - Mac 3 Case 25-11195-JKS Doc629 Filed 10/21/26 Page 4 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Ixxxvil Ixxxvii xc XCi xcii xciii XCiV XCV xcvi xcvii XCViil XCix Approved Approved | Paid Current Paid Current Cumulative Quarter Cumulative b. Professional fees & expenses (nonbankruptcy) $0 $0 $0 incurred by or on behalf of the debtor Aggregate Total Itemized Breakdown by Firm Firm Name Role UST Form 11-PCR (12/01/2021) - Mac 4 Case 25-11195-JKS Doc629 Filed 10/21/26 Page 5 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Z]*]R]é]e st UST Form 11-PCR (12/01/2021) - Mac é Case 25-11195-JKS Doc629 Filed 10/21/26 Page 6 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 PEE HTRIATE/EE) SUES] B)H/B)E|H/Z/E)S/@|2/B/B FSi Rialere) S/S 6) =o) le Ixxxvii 1 aid lxxxix xc UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 7 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 xci xcii Xciii xciv XCV xcvi xcvii xcvili xcix c ci c. All professional fees and expenses (debtor & committees) $14,748,330 $0} $14,748,330 Total Anticipated % Paid of Payments Paid Current Allowed Under Plan Quarter Paid Cumulative Allowed Claims Claims a. Administrative claims $900,000 $80,608 $495,738 $495,738 100% b. Secured claims $33,598,959 $0 $33,598,959 $33,598,959 100% c. Priority claims $6,700,000 $43,286 $730,469 $730,469 100% d. General unsecured claims $2,600,000 $0 $0 $0 0% e. Equity interests $0 $0 $0 a. Is this a final report? YesC Noe If yes, give date Final Decree was entered: If no, give date when the application for Final Decree is anticipated: 12/31/2027 b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930? Yes @ No(” UST Form 11-PCR (12/01/2021) - Mac ¥ Case 25-11195-JKS Doc 629 Filed 10/21/26 Page 8 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Privacy Act Statement 28 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to otherwise evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan. Disclosure of this information may be to a bankruptcy trustee when the information is needed to perform the trustee's duties, or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://www_justice.gov/ust/eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case, or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F). I declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if any, are true and correct and that I have been authorized to sign this report. /s/: Steven Balasiano Steven Balasiano Signature of Responsible Party Printed Name of Responsible Party Zen JV Liquidation Trustee 10/21/2026 Title Date UST Form 11-PCR (12/01/2021) - Mac 8 7 oO a ie a oO q ———————— SS Se OSS See FS —— == = -— o me By Ex ec s Ss 8 RO S apt MMSRU CNVO A A a) SSS SS SS ee | _ 4 SS ee So SSS CSS SS Ses SS a | : : i ——— eS | s SS = | ee © a Oo — w — - — wo LL = we] x ¢ : e =, — o~ ——=—_ A 4 oS pam, — o [= % al —————— = “ rae 8 8 & S == SS | SS = | | | F = | = ESS SS SS : , | ey — Ss 1 — = — E=_ = a SS — — — — : A) ed — —— > oO : = ——_ «se ESS ee S 5 SS == = ) | . , !