CJ 2018 Supplement to Proxy Statment

Our charter and bylaws and other governance documents were approved by stakeholders in the Chapter 11 Proceeding, including substantially all of our new stockholders upon emergence less than 18 months ago. However, over the past year, our Board has considered in great detail matters relating to our governance policies and practices. In November 2017, based on the Board’s evaluation of our governance program, prevailing governance standards and best practices, the Board of Directors took action that was within its power to amend our bylaws to, among other things, replace the plurality voting standard for uncontested director elections with a majority voting standard, requiring the tender of the resignation of any incumbent director who does not receive a majority vote for re-election and require the Board to disclose within 90 days whether it accepts or rejects such resignation. The Board does not have the unilateral power to remove or subject to a sunset provision a supermajority vote requirement in our charter or our classified board structure. In November 2017, the Board also unilaterally terminated our shareholder rights plan, which was adopted based on stockholder feedback immediately following our emergence from the Chapter 11 proceeding. We urge our stockholders to vote “FOR” the election of each of Messrs. Brightman and Zawadzki as Class I directors. Annual Meeting of Stockholders As a reminder, our Annual Meeting will be held at 9:30 A.M. local time, on Tuesday, May 29, 2018, at our headquarters, located at 3990 Rogerdale Rd., Houston, Texas 77042. At the Annual Meeting, stockholders will consider and vote upon the following matters, and the Board’s recommended vote is also included below: Proposal 1: The election of two directors to serve as Class I Directors until the 2021 Annual Meeting of Stockholders and their successors are duly elected. The Board recommends a vote FOR the election of each of Messrs. Brightman and Zawadzki as Class I directors. Proposal 2: The approval, on an advisory basis, of the 2017 compensation of the Company’s Named Executive Officers (as defined and discussed in “Compensation Discussion and Analysis” and “Executive Compensation Tables” in the 2018 Proxy Statement). The Board recommends a vote FOR the approval, on an advisory basis, of the 2017 compensation of the Company’s Named Executive Officers. Proposal 3: The approval, on an advisory basis, of the frequency on which we will in the future submit executive compensation to stockholders for an advisory vote. The Board recommends a vote FOR the approval, on an advisory basis, of holding future stockholder advisory votes on executive compensation on an annual basis. Proposal 4: The ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018. The Board recommends a vote FOR the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018. 6