On December 7, 2020, Old COPPER Company, Inc. (OTCMKTS: CPPRQ), formerly known as J. C. Penney Company, Inc. (OTCMKTS: JCPNQ), completed the sale of substantially all of its retail and operating assets to Penney OpCo LLC, an entity controlled by Simon Property Group and Brookfield Asset Management, Inc. Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. All retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating assets. The companies that filed for Chapter 11, including the publicly traded company now known as Old COPPER Company, Inc., continue to exist as debtors in the bankruptcy process. Until the debtors’ Plan of Reorganization becomes effective in spring 2021, Old COPPER Company, Inc. will continue to file reports with the Securities and Exchange Commission (SEC) and its stock will continue to be traded over the counter under the ticker symbol “CPPRQ”. This common stock only relates solely to the debtor entities and is no longer tied to the retail operations of JCPenney, or Penney OpCo LLC. No proceeds from the sale are expected to be distributed to the holders of common stock and the common stock will be cancelled when the Plan of Reorganization becomes effective. For additional information, please visit www.jcprestructuring.com.

Latest Financial Results

Q2 2020

Quarter Ended Aug 1, 2020

Latest Annual Filing

2019 10-K

For year ending February 1, 2020

$10.72B

FY 2019 Total Net Sales of $10.72 Billion

$428M

Generated $428 Million in Operating Cash Flow

$145M

Generated $145M Million in Free Cash Flow

$386M

FYE 2019 Cash & Cash Equivalents of $386 Million

Contact Information

Corporate Office

J. C. Penney Company, Inc.
ATTN: Investor Relations
6501 Legacy Drive
Plano, TX 75024

Investor Relations

jcpinvestorrelations@jcp.com

JCPenney Customer Service
T: (800) 322-1189
customercare@jcpenneyeservices.com

Transfer Agent

Computershare Investor Services
Regular Mail correspondence:
P.O. Box 505000
Louisville, KY 40233-5000
T: (800) 842-9470
www.computershare.com/investor

Overnight/Express Mail correspondence:
462 South 4th Street, Suite 1600
Louisville, KY 40202

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