On January 5, 2026 (the ? Effective Date ?), Shift4 Payments, LLC entered into Amendment No. 3 to Second Amended and Restated First Lien Credit Agreement (the ?
Amendment ?), which amended the Second Amended and Restated First Lien Credit Agreement, dated as of September 5, 2024 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the Effective Date, the ? Existing Credit Agreement ? and, the Existing Credit Agreement, as amended by the Amendment the ?
Amended Credit Agreement ?; capitalized terms used but not defined herein shall have the meanings assigned thereto in the Amended Credit Agreement), by and among Shift4, LLC, the subsidiary guarantors party thereto, the lenders party thereto and Goldman Sachs Bank USA, as administrative agent and collateral agent (in such capacities, the ? Administrative Agent ?) to effect a repricing, as previously announced. The Amendment effectuated a new senior secured term loan facility (the ?
Amendment No. 3 Refinancing Term Loans ?), which refinanced and replaced in full all of the outstanding term loans under the Existing Credit Agreement. The terms of the Amendment No.
3 Refinancing Term Loans are, except as described in this Form 8-K, substantially identical to the terms applicable to the term loans under the Existing Credit Agreement. As a result of the Amendment, the applicable interest rate margin over the relevant benchmark rate on Shift4, LLC?s term loans has been, (a) in the case of term loans that bear interest with reference to the term secured overnight financing rate (? SOFR ?), reduced from between 2.50% and 2.75% per annum (depending on the total net leverage ratio of Shift4, LLC and its subsidiaries) under the Existing Credit Agreement to 2.00% per annum under the Amended Credit Agreement and (b) in the case of alternate base rate loans, reduced from between 1.50% and 1.75% per annum (depending on the total net leverage ratio of Shift4, LLC and its subsidiaries) under the Existing Credit Agreement to 1.00% per annum under the Amended Credit Agreement.
Except as amended by the Amendment, the terms of the Existing Credit Agreement remain in full force and effect. All other material provisions of the Credit Agreement remain materially unchanged. As of January 5, 2026, after giving effect to the Amendment and the transactions contemplated therein, Shift4, LLC had $997,500,000.00 of outstanding borrowings of Amendment No.
3 Refinancing Term Loans under the Amended Credit Agreement and $0 of outstanding borrowings of Revolving Loans under the Amended Credit Agreement.
