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KELLY- MOORE 1/25/2024 To whom it may concern, As you may already know, effective as of end of day January 12, 2024, Kelly Moore Paint Company ceased all operations. Please see attached/included public news announcement for reference. Kelly-Moore (KM) is trying to facilitate the company wind down as neatly and orderly as possible. There is a lot of good/sellable material still left in the retail stores. Part of the wind down process involves ensuring that KM follows proper protocols with the management/removal of all inventory and accumulated waste still in the stores. However,there are virtually no company cash reserves left, and as a result, all store operations employees have been let go and KM has only a skeleton crew with which to facilitate the wind down of the company. Thus, Kelly-Moore does not have the on-hand resources with which to properly manage the removal of inventory from the retail stores. To that end, KM has contracted with a company called GDB International to facilitate the removal of all paint, paint-related products, and waste still in the stores. GDB is a global paint dealer.Their corporate headquarters is based in New Brunswick, NJ and their main processing& distribution facility is located in Nashville, IL. They have several other distribution facilities as well. They are widely considered to be the largest global paint dealer in the world. Their drivers are licensed to transport paint and hazardous materials, and they will document all truckloads on bills of ladings. GDB will also hire a licensed waste hauling company to properly ship store waste to licensed treatment storage disposal facilities. Kelly-Moore is also attempting to sell/sublease some California locations to other paint-related companies. In these events, it is likely that all ownership of inventory and waste will be transferred to the new company. For all other stores, KM must work with property owners/landlords to allow access for GDB and the licensed waste hauler to remove the inventory. However, Kelly-Moore cannot guarantee that all landlords will choose to cooperate. Once all items are removed/transferred from the applicable stores, Kelly-Moore will attempt to close out all EPA ID#s, update CERS, and ensure that manifests for applicable stores are retained and forwarded to the DTSC as required. Long-term, it is unclear who will be representing Kelly-Moore during this process as continued employment is uncertain. It is possible that KM may need to ask GDB or someone else to take care of the EPA ID/CERS/Manifests close out process. At least in the short term,your main Kelly-Moore contacts will be Jeff Martin (jmartin@kellymoore.com) and Janet Bailey(jbailey@kellymoore.com). The entire process is expected to take at least a few months to complete. Please advise if there is anything further that is required, and if so, Kelly-Moore will do as much as possible to accommodate. Best Regards, Jeff Martin Kelly-Moore Paint Company