Kornit Digital Securities Settlement: Who Can File a Claim

How much someone receives cannot yet be determined. The result depends on their transactions, the allocation rules, the amount left after approved deductions, and all approved claims.

• A claim is not paid simply because shares were bought during the class period. The plan calculates a Recognized Loss for each documented purchase and then uses that figure to divide the Net Settlement Fund among approved claimants.
• Generally, shares sold before the close of trading on May 10, 2022 have a $0 Recognized Loss. A claimant also generally must have held purchased shares through at least one of the dates when corrective information was released.
• For purchases from February 17, 2021 through February 14, 2022, the plan applies lower loss limits: $0.25 per share for the specified May 11-July 5 sale period, or $1.24 for the specified later sales or holdings. These are allocation inputs, not payment rates; further price and loss tests apply. See Appendix A, paragraphs 84-85, for the complete formulas.
• The Claims Administrator applies first-in, first-out (FIFO) matching. A claimant with an overall Market Gain receives no Recognized Claim, and an overall Market Loss can limit the Recognized Claim.

The official Claim Form, checked September 9, 2026 at https://www.kornitsecuritieslitigation.com/claim-form, gives the detailed requirements. The notice alone does not list every document.

• Provide copies of trade confirmations, account statements or an authorized equivalent broker statement. Obtain missing records from your broker; do not send originals or highlight documents.
• Report opening holdings on February 17, 2021, class-period purchases, purchases in the July 6-October 3, 2022 look-back period, sales through October 3, and closing holdings on that date. Include all requested transactions, even profitable ones.
• All joint owners must sign. A representative must document authority to act. Follow the form's separate-entity and separately managed-account rules; do not combine personal and IRA transactions indiscriminately.
• For employee retirement or benefit plans governed by ERISA, participants should claim only qualifying shares outside the plan on their individual forms. Trustees may claim for plan purchases.

• Only Kornit ordinary shares are covered. Option contracts themselves are not covered.
• If ordinary shares were acquired or sold by exercising an option, the plan treats the option exercise date as the share purchase or sale date and the exercise price as the share purchase or sale price.
• Short-sale transactions and purchases used to cover short sales have a Recognized Loss Amount of zero. An opening short position is matched first against later class-period purchases until that short position is covered.

• Leaving the settlement is called requesting exclusion. A person or entity that validly excludes itself cannot receive a payment from this settlement, but keeps the ability to pursue its own claims related to the case, subject to any defenses and time limits.
• The written request must be received by October 28, 2026. It must give contact information, state the requested exclusion using the case identified in the notice, list specified Kornit holdings and transactions, and be signed.
• The request is sent to Kornit Securities Litigation, EXCLUSIONS, c/o JND Legal Administration, P.O. Box 91050, Seattle, WA 98111.
• Use notice paragraph 59 for the exact requested statement and holdings/trade details. Mailing by the deadline is not enough: the request must arrive by October 28.

• A Settlement Class Member who does not exclude themselves may object in writing to the settlement, allocation plan, or requested attorneys’ fees and litigation expenses.
• The objection and supporting papers must be filed with the Court and served on Lead Counsel and Defendants’ Counsel so they are received by October 28, 2026.
• To speak at the hearing about an objection, the objector must also timely file a notice of appearance. Speaking is allowed only at the Court’s discretion.
• Follow notice paragraphs 66-71 for all required contents, class-membership documentation and the Court and both law firms' addresses. The notice's overview says received by October 28; paragraph 66 describes filing electronically or by mailed letter on or before that date and receipt by counsel. To avoid relying on the wording difference, arrange timely receipt and ask the administrator about uncertain delivery timing.

• The notice says payments are made only after the Court approves both the settlement and an allocation plan, the settlement becomes effective, any appeal or review period ends, and claims are processed.
• The notice gives no payment date.
• No initial distribution is made for a calculated amount below $10. If money remains six months after the initial distribution, the administrator may make additional distributions to people who cashed their initial checks, if doing so is cost-effective and the additional amount would be at least $10.

• A broker, bank, nominee, or other person who bought Kornit ordinary shares for someone else’s benefit has special notice duties.
• Within seven calendar days of receiving the notice, request postcards to forward or supply the administrator with the beneficial owners' names, mailing addresses and available email addresses. If forwarding, mail the postcards within seven calendar days after receiving them. Notice paragraph 74 gives the full duties and reimbursement limits.

File online through https://www.kornitsecuritieslitigation.com/claim or mail the signed form and copies of supporting records to Kornit Securities Litigation, c/o JND Legal Administration, P.O. Box 91050, Seattle, WA 98111. The online submission or First-Class Mail postmark is due December 10, 2026.

• The official form says the administrator acknowledges claims by mailed postcard within 60 days and instructs claimants to call if it does not arrive. Keep your submission records and contact (855) 961-0955 if needed.
• Large electronic transaction files have separate format and email-confirmation requirements. Follow the Electronic Filing instructions; contact [email protected] if the required confirmation does not arrive within 10 days. This is not a general email claim-submission option.

An eligible class member who neither files a valid claim nor obtains exclusion receives no payment but remains bound by the settlement and its release of covered claims if it becomes effective. Receiving a postcard does not establish eligibility or guarantee a payment.