Item 1.01. Entry into a Material Definitive Agreement.

On July 8, 2022, BuzzFeed entered into a sublease (the "Sublease") with Monday.com, Inc. (the "Subtenant") with respect to substantially all of BuzzFeed's existing corporate headquarters. The consent of BuzzFeed's landlord to the Sublease was obtained on August 12, 2022. The company's new corporate headquarters will be at 229 West 43rd Street in New York City (the current headquarters for Complex Networks).

The Sublease will commence upon delivery of possession of the premises to the Subtenant in the condition required by the Sublease, which must be no later than 30 days following August 12, 2022. The Sublease expires on May 30, 2026, unless terminated sooner in accordance with the provisions of the Sublease.

Pursuant to the terms of the Sublease, the Subtenant will pay a fixed monthly rent of $757,000 in cash, subject to periodic increases. The Sublease obligates the Subtenant to pay certain additional amounts, including a security deposit and such other amounts that may become due and payable under BuzzFeed's lease.

The Sublease also contains customary representations, warranties, covenants and indemnifications in favor of each party.

The foregoing description of the material terms of the Sublease does not purport to be complete and is subject to, and is qualified in its entirety by reference to, the Sublease, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.

The representations, warranties and covenants contained in the Sublease were made only for purposes of such agreement and as of specific dates and were solely for the benefit of the parties to the Sublease. Accordingly, the Sublease is incorporated herein by reference only to provide investors with information regarding the terms of the Sublease, and not to provide investors with any other factual information regarding BuzzFeed or its business, and should be read in conjunction with the disclosures in BuzzFeed's periodic reports and other filings with the Securities and Exchange Commission.

Item 9.01. Financial Statements and Exhibits






(d) Exhibits.



Exhibit No.   Description
  10.1*         Sublease, dated July 8, 2022, by and between BuzzFeed Media
              Enterprises, Inc. and Monday.com, Inc.
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document).



  * The schedules (or similar attachments) to this Exhibit 10.1 have been omitted
    from this filing pursuant to Item 601(b)(10) of Regulation S-K. The registrant
    agrees to furnish a supplemental copy of any omitted schedules (or similar
    attachments) to the SEC upon request.

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