Item 1.01 Entry into a Material Definitive Agreement.

On December 8, 2021, Albertsons Companies, Inc. (the "Company") entered into Amendment No. 1 to the Registration Rights Agreement (the "Registration Rights Agreement"), dated June 9, 2020, with certain parties thereto (the "Amendment"). Any terms not defined herein shall have the meanings set forth in the Registration Rights Agreement.

The Company and the Majority Investors Holders agreed to enter into the Amendment in part due to the Company qualifying as a "well-known seasoned issuer" under Rule 405 of the Securities Act as of the execution date of the Amendment. The Company and the Majority Investors Holders entered into the Amendment through a mutually collaborative process in advance of December 9, 2021.

Pursuant to the Amendment, the Majority Investors Holders and the Company agreed to amend Section 2.11(a) of the Registration Rights Agreement with respect to the filing of the Preferred Investors Registration Statement.

In lieu of filing and causing to be effective the Preferred Investors Registration Statement by December 9, 2021, the Company will be obligated to file the Preferred Investors Registration Statement upon demand of a Majority Investors Holder as set forth in the Amendment. A Majority Investors Holder must provide notice to the Company at least seven days before the requested filing date of the Preferred Investors Registration Statement if the Company is a "well-known seasoned issuer" under Rule 405 of the Securities Act or at least thirty days before the requested filing date of the Preferred Investors Registration Statement if the Company is not a "well-known seasoned issuer" under Rule 405 of the Securities Act. The Amendment did not amend any other section of the Registration Rights Agreement.

The foregoing description of the Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amendment, a copy of which will be filed with the filing of the Company's next periodic report with the Securities and Exchange Commission.

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