Case 20-32519 Document 1270 Filed in TXSB on 07/21/20 Page 1 of 12

IN THE BANKRUPTCY COURT FOR THE DISTRICT OF DIVISION

In re Chapter 11

1 NEIMAN MARCUS GROUP LTD LLC, et al., Case No. 20-32519 (DRJ)

Debtors. (Jointly Administered)

SUPPLEMENTAL DECLARATION OF DENNIS STOGSDILL IN SUPPORT OF EMERGENCY APPLICATION TO EMPLOY AND RETAIN ALVAREZ & MARSAL NORTH AMERICA, LLC AS FINANCIAL ADVISORS TO THE DISINTERESTED MANAGER OF NEIMAN MARCUS GROUP LTD LLC PURSUANT TO SECTIONS 327(a) AND 328 OF THE BANKRUPTCY CODE ______

I, DENNIS STOGSDILL, under penalty of perjury, declare as follows:

1. I am a Managing Director with Alvarez & Marsal North America, LLC

(together with employees of its professional service provider affiliates (all of which are wholly-owned by its parent company and employees), its wholly-owned subsidiaries and independent contractors,

“A&M”), a restructuring advisory services firm with numerous offices throughout the country. I submit this declaration (the “First Supplemental Declaration”) to supplement my prior declaration that was been submitted in connection with A&M’s retention in these chapter 11 cases. Unless otherwise

1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Neiman Marcus Group LTD LLC (9435); Bergdorf Goodman Inc. (5530); Bergdorf Graphics, Inc. (9271); BG Productions, Inc. (3650); Mariposa Borrower, Inc. (9015); Mariposa Intermediate Holdings LLC (5829); NEMA Beverage Corporation (3412); NEMA Beverage Holding Corporation (9264); NEMA Beverage Parent Corporation (9262); NM Bermuda, LLC (2943); NM Financial Services, Inc. (2446); NM Nevada Trust (3700); NMG California Salon LLC (9242); NMG Florida Salon LLC (9269); NMG Global Mobility, Inc. (0664); NMG Notes PropCo LLC (1102); NMG Salon Holdings LLC (5236); NMG Salons LLC (1570); NMG Term Loan PropCo LLC (0786); NMG Texas Salon LLC (0318); NMGP, LLC (1558); The Neiman Marcus Group LLC (9509); The NMG Subsidiary LLC (6074); and Worth Avenue Leasing Company (5996). The Debtors’ service address is: One Marcus Square, 1618 Main Street, Dallas, Texas 75201. Case 20-32519 Document 1270 Filed in TXSB on 07/21/20 Page 2 of 12

stated herein, I have personal knowledge of the facts set forth herein or have been informed of such matters by professionals of A&M. On May 7, 2020 (the “Petition Date”), Neiman Marcus

Group Limited LLC and its affiliated debtors and debtors in possession in the above-captioned chapter

11 cases (collectively, the “Debtors”) commenced these cases by filing voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the

District of Delaware (the “Court”).

2. On June 26, 2020, the Debtors filed their Emergency Application to

Employ and Retain Alvarez & Marsal North America, LLC as Financial Advisors to the

Disinterested Manager of Neiman Marcus Group LTD LLC Pursuant to Sections327(a) and 328 of the Bankruptcy Code (the “Application”) and my attached thereto in support of the

Application (the “Initial Declaration”).

3. Capitalized terms used herein and not otherwise defined have the respective meanings set forth in the Initial Declaration.

POTENTIAL PARTIES IN INTEREST

4. In the Initial Declaration, I explained that because of the emergency nature of

A&M’s retention, as of the date of the Application, only a subset of the Potential Parties in Interest

(defined as the Searched Parties in Interest) had been run through the Client Database.

5. A&M is submitting this First Supplemental Declaration to disclose the results now that it has run the remaining Potential Parties in Interest listed on Schedule A to the Initial

Declaration through the Client Database.

6. Based on the Firm Procedures described in the Initial Declaration, the relationships with the Potential Parties in Interest are identified on Schedule A hereto.

7. In addition to the relationships disclosed on Schedule A, I note the following:

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(a) JPMorgan Chase Bank, N.A. (“JPMC”) together with certain of its affiliates (collectively, “JPM”) and Wells Fargo Bank, National Association (“WFBNA”) together with certain of its affiliates (collectively, “Wells Fargo”) are Potential Parties in Interest. Under a credit facility (the “Credit Facility”) to A&M’s parent company Alvarez & Marsal Holdings, LLC (“A&M Holdings”): WFBNA is administrative agent, swingline lender and issuing lender, JPMC is a syndication agent and participating lender and Wells Fargo Securities, LLC and J.P. Morgan Securities LLC are joint lead arrangers and joint book runners and TD Bank and HSBC are participating lenders. In addition to the receipt of interest in their capacity as a lender under the Credit Facility, Wells Fargo and JPM have received certain customary and negotiated fees and reimbursement of expenses in connection with their roles under the Credit Facility.

(b) In 2013-2014, Matt Baird, a former employee of A&M’s affiliate, Alvarez & Marsal Europe LLP, was the Chief Operating Officer of Jimmy Choo Limited, one of the top 50 creditors in the Debtors’ cases. That engagement is complete.

(c) A&M provided financial advisory services to the unsecured creditor’s committee of Avaya Inc., a Potential Party in Interest and vendor to the Debtors. That engagement is complete.

(d) In the course of our review it came to A&M’s attention that A&M personnel hold de minimis investments, representing not more than 0.01% of the equity interests in the related entity, in various parties in interest, including but not limited to AT&T, Bank of America, Comcast, Deutsche Bank, JP Morgan, Verizon and Wells Fargo.

8. Based on the results of its review, to be best of my knowledge, except as set

forth in the Initial Declaration, A&M does not have an active relationship with any of Potential Parties

in Interest in matters relating to the Debtors’ chapter 11 cases.

9. To the extent any information disclosed herein requires amendment or

modification upon A&M’s completion of further review or as additional party-in-interest information becomes available to it, a further supplemental declaration reflecting such amended or modified information will be submitted to the Court.

[Remainder of page intentionally left blank.]

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Pursuant to 28 U.S.C. § 1746, I declare under penalty of perjury that the foregoing statements are true and correct.

Dated: July 21, 2020 /s/ Dennis Stogsdill Dennis Stogsdill Alvarez & Marsal North America, LLC Managing Director

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SCHEDULE A

Known Connections to Potential Parties in Interest Case 20-32519 Document 1270 Filed in TXSB on 07/21/20 Page 6 of 12

Neiman Marcus Group

Current and Former Clients of A&M Citizens Bank NA and/or its Affiliates 1 Charter Communications Inc. Ace American Insurance Co. Chubb Ltd. Accenture LLP Coalfire Systems Inc. Action Carting Environmental Services Cognizant Technology Solutions US Corp. Adobe Systems Inc. Comcast Cable Communications ADP Inc. Management LLC Advanced Network Services LLC Commonwealth Edison Company Allianz Global Risks US Insurance Co. ComNet Communications LLC Alsco Inc. Compass Group USA Inc. Amazon.com Inc. Connexity Inc. American Electric Power Consolidated Edison Inc. American Express Covington & Burling LLP American International Group Inc. Cox Communications LLC Anchorage Capital Group, LLC CPP Investment Board Private Holdings Aon Risk Services Southwest Inc. CradlePoint Inc. Apollo Global Management Inc. Credit Suisse AG Cayman Islands Branch Apple Inc. Criteo Corp. Apttus Corp. CVC Capital Partners Ltd.2 Aramark Refreshment Services LLC Davidson Kempner Capital Management LP Ares Management Corp. Deloitte Transactions & Business Analytics AT&T Corp. Deutsche Bank AG New York Branch Avaya Inc. Business Axis Insurance Co. DirecTV LLC Bally Americas, Inc. Duff & Phelps LLC Bank of America NA Duke Energy Corp. Barclays plc Dynamex Inc. BlackRock Inc. EMC Corp. BlueMountain Capital Management LLC Engie SA Blujay Solutions Inc. Equifax Workforce Solutions Inc. BMC Software Inc. Ernst & Young LLP BMO Harris Bank NA ERY Retail Podium LLC Calpine Corp. Estee Lauder Cos. Canada Pension Plan Investment Board Eversource Energy Canon Inc. Exelon Corp. Capital International Inc. Facebook Inc. Capitol One NA Fidelity Investments CenterPoint Energy Inc. Fiorucci Holdings Ltd. Centrify Corp. First Data Merchant Services LLC CenturyLink Communication LLC FirstEnergy Corporation Champion Energy Services LLC FTI Consulting Inc. Cisco Systems Inc. Georgia Power Company

1 A&M and/ or an affiliate is currently providing or managers or their affiliates) in wholly unrelated has previously provided certain consulting or interim matters. management services to these parties or their affiliates (or, with respect to those parties that are 2 See also disclosure related to CVC in the Prior investment funds or trusts, to their portfolio or asset Declaration. 1

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Neiman Marcus Group

Giorgio Armani SpA Prologis Inc. Gogo Inc. Prudential Financial Inc. Goldman Sachs & Co. LLC Public Service Co. of Colorado Inc. Great American Insurance Co. Inc. Public Service Electric & Gas Co. Gremlin Inc. Puget Sound Energy Inc. Guggenheim Partners LLC R-T Specialty LLC Harte-Hanks Inc. R4 Technologies Inc. Hitachi Data System Corp. Ralph Lauren Corp. HSBC Bank plc Randstad Technologies LLC Hunton & Williams LLP Recology Inc. IBM Corp. Redwood Capital Management LLC Infor (US) Inc. Regions Financial Corp. Infosys Ltd. Rimini Street Inc. Intralinks Inc. Royal Bank of Canada Jimmy Choo Group Ltd. RTB House Inc. JPMorgan Chase & Co. Simon Property Group Inc. Just Energy Solutions Inc. Simpson Thacher & Bartlett LLP Kellermeyer Bergensons Services LLC Sitecore USA Inc. Kering Americas, Inc. Sixth Street Partners, LLC Keter Environmental Services Inc. Software AG USA Inc. Lazard Freres & Co. Southern California Gas Co. Level 3 Communications LLC Spectrum Management Holding Co. LLC Liberty Insurance Corp. Spire Missouri Inc. Lloyd’s of London Lloyd’s Underwriter Sprint Corp. Syndicate Stuart Weitzman Inc. Macerich Co. SunTrust Banks Inc. Manhattan Telecommunications Corp. Susquehanna Advisors Group, Inc. Merrill Communications LLC T-Mobile US Inc. Micro Focus Inc. Tampa Electric Co. Microsoft Corp. Tata America International Corp. Mudrick Capital Management, L.P. TD Bank NA NASDAQ OMX Corporate Solutions LLC Tealium Inc. National Grid plc Texas Gas Service Co. Inc. National Union Fire Insurance Co. Thoughtspot Inc. Newgistics Inc. Torchmark Corp. Northpark Partners LP Tory Burch – Tory by TRB NTT Communications Corp. Towers Watson Delaware Inc. Oracle Corp. TPG Capital LP Otis Elevator Co. Travelers Casualty & Surety Co. of America P. Schoenfeld Asset Management LP U.S. Bank NA Pacific Gas & Electric Co. UGI Corp. PayPal Inc. UMB Bank NA Pennsylvania Electric Company Unibail Rodamco Westfield Pension Benefit Guaranty Corp. Vanguard Group Inc. Perella Weinberg Partners LP Venice SRL PIMCO Investments LLC Verizon Wireless

2

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Neiman Marcus Group

Voya Financial CPP Investment Board Private Holdings Wageworks Inc. Credit Suisse AG Cayman Islands Branch Wells Fargo & Co. CSC Optimum Holdings LLC Windstream Corp. CVC Capital Partners Ltd. World Wide Shoes LLP Davidson Kempner Capital Management LP XL Insurance America Inc. Deutsche Bank AG New York Branch YRC Inc. Direct Energy Business Zayo Group LLC DocuSign Inc. Zurich DTE Energy Co. Duke Energy Corp. Significant Equity Holders of Current EMC Corp. and Former A&M Clients3 Engie SA Accenture LLP Exelon Corp. ADP Inc. Fidelity Investments AlixPartners LLC First Data Merchant Services LLC Allianz Global Risks US Insurance Co. FirstEnergy Corporation Amazon.com Inc. Goldman Sachs & Co. LLC American Express Guggenheim Partners LLC American International Group Inc. Hearst Corp. Anchorage Capital Group, LLC Hitachi Data System Corp. Apollo Global Management Inc. HSBC Bank plc Ares Management Corp. Hunton & Williams LLP AT&T Corp. IBM Corp. Bank of America NA Infosys Ltd. Barclays plc Infor (US) Inc. Benefit Street Partners LLC JPMorgan Chase & Co. BlackRock Inc. Kering Americas, Inc. BlueMountain Capital Management LLC Kudelski Security Inc. BMO Harris Bank NA Lazard Freres & Co. Canada Pension Plan Investment Board Liberty Insurance Corp. Canon Inc. Lloyd’s of London Capital International Inc. Marathon Asset Management LP Capital Research & Management Co. Microsoft Corp. Capitol One NA Mudrick Capital Management, L.P. CenturyLink Communication LLC NTT Communications Corp. CenterPoint Energy Inc. NV Energy Inc. Cisco Systems Inc. P. Schoenfeld Asset Management LP Charter Communications Inc. PayPal Inc. Comcast Cable Communications PCA Partners LLC Management LLC Pension Benefit Guaranty Corp. Commonwealth Edison Company Perella Weinberg Partners LP Compass Group USA Inc. Prudential Financial Inc.

3 These parties or their affiliates (or, with respect to holders of clients or former clients of A&M or its those parties that are investment funds or trusts, their affiliates in wholly unrelated matters. portfolio or asset managers or other funds or trusts managed by such managers) are significant equity 3

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Neiman Marcus Group

Putnam Investments Inc. Debevoise & Plimpton LLP Rakuten Marketing LLC Deloitte Transactions & Business Analytics Randstad Technologies LLC Ducera Partners LLC Redwood Capital Management LLC Duff & Phelps LLC Richemont North America, Inc. Equifax Workforce Solutions Inc. Royal Bank of Canada Ernst & Young LLP Southern California Gas Co. Fidelity Investments Southwest Gas Corp. Fish & Richardson PC Southwestern Electric Power Co. FTI Consulting Inc. Spectrum Management Holding Co. LLC Guggenheim Partners LLC Sprint Corp. Hilco Retail Consulting LLC Susquehanna Advisors Group, Inc. Hinman & Carmichael LLP Tampa Electric Co. Hogan Lovells US LLP Tata America International Corp. Houlihan Lokey Inc. TD Bank NA Hunton & Williams LLP Torchmark Corp. IBM Corp. Towers Watson Delaware Inc. Jackson Lewis PC TPG Capital LP Jones Day U.S. Bank NA JPMorgan Chase & Co. UMB Bank NA K&L Gates LLP Vanguard Group Inc. Katten Muchin Rosenman LP Verizon Wireless Kilpatrick Townsend & Stockton LLP Wachtell Lipton Rosen & Katz LLP Korn Ferry Leadership Consulting Corp. Wells Fargo & Co. Kramer Levin Naftalis & Frankel LLP Zurich Latham & Watkins LLP Lazard Freres & Co. Littler Mendelson PC Professionals & Advisors4 Lynn Pinker Cox & Hurst LLP Accenture LLP Mayer Brown LLP AlixPartners LLC McDermott Will & Emery LLP Aon Risk Services Southwest Inc. McKinsey & Co. Inc. Bank of America NA Mercer Human Resources Consulting Barclays plc Milbank LLP Barnes & Thornburg LLP MJX Asset Management LLC Berkeley Research Group LLC Oracle Corp. BMC Consulting Group Inc., The Pachulski Stang Ziehl & Jones LLP Brown Rudnick LLP Paul Weiss Rifkind Wharton & Garrison Bryan Cave LLP PCA Partners LLC Cleary Gottlieb Steen & Hamilton LLP Pension Benefit Guaranty Corp. Cole Schotz PC Perella Weinberg Partners LP Covington & Burling LLP PIMCO Investments LLC Cozen O’Connor PC Porter Hedges LLP Credit Suisse AG Cayman Islands Branch Proskauer Rose LLP

4 These professionals have represented clients in certain cases, these professionals may have engaged matters where A&M was also an advisor (or provided A&M on behalf of such client. interim management services) to the same client. In 4

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Neiman Marcus Group

Pryor Cashman LLP Sprint Corp. Putnam Investments Inc. Tata America International Corp. Quinn Emanuel Urquhart & Sullivan LLP UGI Corp. Reed Smith LLP Rosenberg & Estis PC Rutledge Ecenia PA Sard & Leff LLC Board Members6 Sheppard Mullin Richter & Hampton LLP Anthony R. Horton Sidley Austin LLP Simpson Thacher & Bartlett LLP Stinson Leonard Street LLP Government and Regulatory7 Talx Corp. Dallas, City of (TX) Towers Watson Delaware Inc. Houston, City of (TX) Wachtell Lipton Rosen & Katz LLP Orlando, City of (FL) Utilities Commission Wells Fargo & Co. United States Postal Service White & Case LLP Willkie Farr & Gallagher LLP Wilmington Trust NA Wipro Ltd. A&M Vendors8 1-800-Got-Junk Significant Joint Venture Partners5 ADP Inc. Accenture LLP AlixPartners LLC Adobe Systems Inc. Allianz Global Risks US Insurance Co. AT&T Corp. Amazon.com Inc. Bank of America NA American Airlines Group Inc. Barclays plc American Express Duke Realty Corp. American International Group Inc. EMC Corp. Aramark Refreshment Services LLC Exelon Corp. AT&T Corp. Goldman Sachs & Co. LLC Bank of America NA Hitachi Data System Corp. BCD Travel USA LLC HSBC Bank plc BellSouth LLC Microsoft Corp. Berkley Insurance Co. Oracle Corp. BMO Harris Bank NA PPL Electric Utilities Corp. Bryan Cave LLP Public Service Electric & Gas Co. Canon Inc. Putnam Investments Inc. Canteen Vending Services Inc.

5 These parties or their affiliates are significant joint management services to these government entities or venture partners of other clients or former clients of regulatory agencies in wholly unrelated matters. A&M or its affiliates in wholly unrelated matters. 8 These parties or their affiliates provide or have 6 These parties or their affiliates are board members provided products, goods and/or services (including of other clients or former clients of A&M or their but not limited to legal representation) to A&M affiliates in wholly unrelated matters. and/or its affiliates

7 A&M and/or an affiliate is currently providing or has provided certain consulting or interim 5

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Neiman Marcus Group

Charter Communications Inc. Paul Weiss Rifkind Wharton & Garrison Chubb Ltd. Perella Weinberg Partners LP Cisco Systems Inc. Proskauer Rose LLP Cleary Gottlieb Steen & Hamilton LLP Prudential Financial Inc. Cogent Communications Quinn Emanuel Urquhart & Sullivan LLP Cole Schotz PC Reed Smith LLP Comcast Cable Communications RGIS LLC Management LLC Russell Reynolds Associates Inc. Commonwealth Edison Company Sheppard Mullin Richter & Hampton LLP ComNet Communications LLC Sidley Austin LLP Consolidated Edison Inc. Simpson Thacher & Bartlett LLP Cozen O’Connor PC Spectrum Management Holding Co. LLC Deloitte Transactions & Business Analytics Sprint Corp. Deutsche Bank AG New York Branch Standard & Poor’s Financial Services LLC Drivesavers Inc. T-Mobile US Inc. Ernst & Young LLP Towers Watson Delaware Inc. Fidelity Investments TPG Capital LP Goldman Sachs & Co. LLC Travelers Casualty & Surety Co. of America Hogan Lovells US LLP Tribridge Holdings LLC Houlihan Lokey Inc. U.S. Bank NA HSBC Bank plc United States Postal Service Hunton & Williams LLP Verizon Wireless IBM Corp. Vertex Inc. Intralinks Inc. Wells Fargo & Co. ISS Facility Services Inc. White & Case LLP Jackson Lewis PC Willkie Farr & Gallagher LLP Jones Day Wilmington Trust NA JPMorgan Chase & Co. XL Insurance America Inc. Katten Muchin Rosenman LP Zurich Kramer Levin Naftalis & Frankel LLP Latham & Watkins LLP Liberty Insurance Corp. Littler Mendelson PC Lloyd’s of London Mayer Brown LLP McDermott Will & Emery LLP MegaPath Corp. Merrill Communications LLC Mercer Human Resources Consulting Microsoft Corp. Moody’s Investors Service Inc. National Union Fire Insurance Co. North American Van Lines Inc. Oracle Corp. Pachulski Stang Ziehl & Jones LLP Pacific Gas & Electric Co.

6

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Certificate of Service

I certify that on July 21, 2020, I caused a copy of the foregoing document to be served by the Electronic Case Filing System for the United States Bankruptcy Court for the Southern

District of Texas.

/s/ Jennifer J. Hardy

Jennifer J. Hardy