Navient plans new holding company structure

• Navient plans to establish a new holding company structure in the fourth quarter of 2026.
• New parent Navient Holdings will hold Navient LLC and E Parent, known as Earnest.
• Navient LLC will assume obligations on the existing listed notes and remain a reporting company.
• Existing shares will automatically convert one-for-one into Navient Holdings common stock; trading is expected to continue uninterrupted on Nasdaq under NAVI.
• No stockholder action is required; directors and executive officers will retain their roles.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navient Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610211610PRIMZONEFULLFEED9850649) on October 21, 2026, and is solely responsible for the information contained therein.