Cooper Standard Adopts Tax Benefits Preservation Plan to Protect its Tax Benefits and Shareholder Value

NORTHVILLE, Mich., Nov. 2, 2026 /PRNewswire/ -- Cooper-Standard Holdings Inc. ("Cooper Standard" or the "Company") (NYSE: CPS) today announced that its Board of Directors (the "Board") adopted a tax benefits preservation plan (the "Rights Agreement") in an effort to protect stockholder value by attempting to protect against a possible limitation on the Company's ability to use its net operating loss carryforwards, any loss or deduction attributable to a "net unrealized built-in loss" and other tax attributes (collectively, "Tax Benefits") under the Internal Revenue Code (the "Code").