Atento S.A. announced that, following its previous announcement on 23 June 2023 regarding its entry into a term sheet providing for new interim financing and its subsequent entry on 30 June 2023 into a binding restructuring support agreement (the ?Restructuring Support Agreement?) with an ad hoc group of financial stakeholders (the ?Ad Hoc Group?) in connection with a proposed restructuring transaction to significantly deleverage Atento?s balance sheet (the ?Restructuring?), the Company and the Ad Hoc Group have agreed to certain amendments to the Restructuring Support Agreement in accordance with its terms pursuant to an amendment letter (the ?Amendment Letter?), which includes amendments to the term sheet appended to the Restructuring Support Agreement (the ?Amended Restructuring Term Sheet?). The Ad Hoc Group comprises more than 75% of the holders of the USD 39.6 million senior secured notes issued by Atento Luxco 1 (the ?Issuer?) due 2025 (the ?Existing 2025 Notes?), 100% of the USD 37 million senior secured notes issued by the Issuer due 2025 (the ?New Money 2025 Notes?), 100% of the approximately USD 66.2 million junior secured notes issued by the Issuer due 2025 (the ?New Junior Lien Notes?) and approximately 52% of the USD 500 million senior secured notes issued by the Issuer due 2026 (the ?2026 Notes?). The Company has now also obtained support for the Restructuring from one of its creditors under its cross-currency rate swaps liabilities representing approximately 47% of the Issuer?s super senior liabilities.

The updated terms of the proposed Restructuring are set out in the Amended Restructuring Term Sheet, which is appended to the Amendment Letter. If implemented in line with the Amended Restructuring Term Sheet, the Restructuring would provide for the following, amongst other things: the reorganisation of the Issuer (as reorganised upon consummation of the Restructuring, the ?Reorganised Company?), with the group of the Reorganised Company to consist of the Reorganised Company and each of the direct and indirect subsidiaries of the Issuer; the extinguishment of all of the 2026 Notes, the New Junior Lien Notes and the cross-currency rate swapsliabilities (the ?Swaps Liabilities?) arising under certain swap agreements with Goldman Sachs International, Nomura International Plc, and Morgan Stanley Capital Services LLC (the ?Swap Providers?), in exchange for common equity interests in the Reorganised Company (?Ordinary Shares?); the provision of US 58 million in additional new money investment at emergence from the proposed Restructuring to the Reorganised Company through the issuance of preferred shares comprising ?Class A? preferred shares in the Reorganised Company (the "Class A Preferred Shares") (?Tranche A? and, together with Tranche B (as defined below), the ?Exit Financing?); and the amendment and restatement of the Existing 2025 Notes and the New Money 2025 Notes to include, amongst other things, maturity extensions, amendments to the existing collateral package to cover all available assets on the basis that certain existing debt will be extinguished as part of the Restructuring and releases of the guarantees granted by the Company, Atalaya Luxco Midco S.a r.l and Atento UK Limited (?Atento UK?). In connection with the above, the holders of the New Money 2025 Notes, the New Junior Lien Notes, the 2026 Notes and the Swap Providers will receive the following: the ability for: (i) the Swap Providers and eligible holders of the 2026 Notes to subscribe to US 30 million of Tranche A of the Exit Financing (?Tranche A1?

of the Exit Financing) in exchange for US 30 million of the Class A Preferred Shares and 18.00% of the Ordinary Shares (subject to dilution by the management incentive plan to be adopted by the Company after the Restructuring becomes effective, as set out in the Amended Restructuring Term Sheet (the ?Management Incentive Plan?); (ii) the holders of the New Money 2025 Notes who commit to backstop (or procure that an affiliate commits to backstop) a percentage of (i) Tranche A1 of the Exit Financing, and (ii) Tranche A2 of the Exit Financing, in an amount at least equal to their percentage holdings of the principal amount of New Money 2025 Notes, to subscribe to US 28 million of the Exit Financing (?Tranche A2? of the Exit Financing) in exchange for US 28 million of the Class A Preferred Shares and 70.45% of the Ordinary Shares (subject to dilution by the Management Incentive Plan), with Tranche A1 and Tranche A2 of the Exit Financing together comprising Tranche A of the Exit Financing.