Latham Group, Inc. — Director's Dealing 2022

May 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Latham Group, Inc. (SWIM)
CIK: 0001833197
Period of Report: 2022-05-02

Reporting Person: Pamplona Capital Management, LLC (Director, 10% Owner, See Remarks)
Reporting Person: Pamplona Equity Advisors V, Ltd (Director, 10% Owner)
Reporting Person: Pamplona Equity Carryco Advisors V, Ltd. (Director, 10% Owner)
Reporting Person: Pamplona PE Investments II, Ltd. (Director, 10% Owner)
Reporting Person: Pamplona PE Investments Malta Ltd (Director, 10% Owner)
Reporting Person: Pamplona Capital Management, LLP (Director, 10% Owner)
Reporting Person: Pamplona Capital Management (PE) SL (Director, 10% Owner)
Reporting Person: Knaster Alexander M (Director, 10% Owner)
Reporting Person: Halsted John C. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-05-02	Common Stock	J	12961421	—	Disposed	38884264	Indirect
2022-05-02	Common Stock	J	12961421	—	Acquired	51845685	Indirect

Footnotes

F1: This statement is being filed by (i) Pamplona Equity Advisors V Ltd. ("PEA V"), (ii) Pamplona Equity Carryco Advisors V, Ltd. ("PECA V"), (iii) Pamplona PE Investments II, Ltd. ("PPEI"), (iv) Pamplona PE Investments Malta Limited ("PE Malta"), (v) Pamplona Capital Management LLP ("PCM LLP"), (vi) Pamplona Capital Management LLC ("PCM LLC"), (vii) Pamplona Capital Management (PE) SL ("PCM SL"), (viii) John C. Halsted and (ix) Alexander M. Knaster (the foregoing, collectively, the "Reporting Persons").

F2: Represents a cross-trade, pursuant to which Pamplona Capital Partners V, L.P. ("PCP V") transferred 12,961,421 shares of common stock, par value $0.0001 per share (the "Common Stock") of Latham Group, Inc. (the "Issuer") to Pamplona Private Equity Carryco V, L.P. ("PPEC V") for no monetary consideration.

F3: The shares of Common Stock are held by PCP V and PPEC V. PCP V is controlled by PEA V, its general partner. Mr. John C. Halsted owns 100% of the shares of PEA V. PE Malta serves as an investment manager to PCP V. PCM LLP, PCM LLC and PCM SL ("collectively, the "Pamplona Manager Entities") serve as investment advisors to PE Malta. Mr. John C. Halsted and Mr. Alexander M. Knaster are the principals of the Pamplona Manager Entities. PPEC V is controlled by PECA V, its general partner. PPEI owns 100% of the shares of PECA V. Mr. Alexander M. Knaster owns 100% of the shares of PPEI.

F4: Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.