On March 7, 2024, Airspan Networks Holdings Inc. entered into the Limited Waiver and Consent, Sixth Amendment and Restatement of Credit Agreement and Reaffirmation of Loan Documents among the Company, as Holdings, Airspan Networks Inc., a Delaware corporation, as the Borrower, certain subsidiaries of the Company, as guarantors, the lenders party thereto and DBFIP ANI LLC, as administrative agent and collateral agent. The Sixth Amendment and Restatement Agreement by its terms amended and restated the Fifth Amended and Restated Credit Agreement, dated February 28, 2024 (as further amended, amended and restated, restated, supplemented or otherwise modified from time to time prior to the Effective Date, the ?Fifth A&R Credit Agreement?), among Holdings, the Borrower, the Agent and certain Lenders and guarantors party thereto, and replaced the Fifth A&R Credit Agreement in its entirety with the Sixth Amended and Restated Credit Agreement among Holdings, the Borrower, the Agent and certain subsidiaries of the Company, as guarantors, the Lenders party thereto, and the Agent. Pursuant to the Sixth Amendment and Restatement Agreement, the parties thereto agreed to, among other things, (i) extend the waiver of certain potential prospective events of default under the Sixth A&R Credit Agreement in the limited manner set forth therein, (ii) establish new delayed draw term loan commitments in the aggregate amount of $18 million, (iii) extend the forbearance by the Lenders party to the Sixth Amendment and Restatement Agreement from exercising their rights and remedies as a result of certain existing and potential prospective events of default under the Sixth A&R Credit Agreement in the limited manner set forth therein and (iv) impose the Sixth Restatement Fee (as defined in the Sixth A&R Credit Agreement) in the amount of $3.6 million, which is capitalized in connection with the advances of the Sixth Restatement Delayed Draw Term Loans.

The Sixth A&R Credit Agreement establishes a new delayed draw term loan commitment of an aggregate amount of $18 million, to be drawn in two tranches of $8 million and $10 million (the ?Sixth Restatement Delayed Draw Term Loans?), which will accrue interest at a variable rate per annum equal to either the Base Rate (as defined in the Sixth A&R Credit Agreement) or the Adjusted Term SOFR (as defined in the Sixth A&R Credit Agreement), plus between 9.00% and 14.00% per annum, which shall be calculated based on the applicable Net EBITDA Leverage Ratio (as defined in the Sixth A&R Credit Agreement). The Sixth Restatement Delayed Draw Term Loans are scheduled to mature on December 30, 2024. The Borrower may prepay the loans under the Sixth A&R Credit Agreement, subject to a prepayment penalty of between 0.00% to 5.00% of the principal amount prepaid, depending on the timing of the prepayment.