Exhibit 99.1 Exela Technologies Holdings, Inc. Reports Full Year 2023 Results Full Year Highlights · 2023 revenue of $1,064.1 million, down 1.2% year-over-year · Gross margin of 21.7% in 2023 vs 18.5% in 2022 · Operating profit of $8.1 million, up $236.8 million due to increased gross margin, lower SG&A and no impairments in 2023 versus 2022 · Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million year-over- year · Certain of the Company’s subsidiaries i ...