Nexxen International Ltd. announced that on 9 April 2024, the Company repaid its outstanding indebtedness under the secured Term Loan A, and the outstanding amount under the Revolving Credit Facility (together the ?Credit Agreement?), entered on 12 September 2022. The Company also amended the Credit Agreement to, among other things, enable the additional $50 million Ordinary Share repurchase program previously announced on 15 March 2024. The Company?s payment to the Lenders under the Credit Agreement was approximately $100 million, which satisfied all of the Company?s debt obligations under the Term A Secured Loan, in the amount of $90 million, and the previously drawn down amount of approximately $10 million under the Revolving Credit Facility.

The Company did not incur any early termination penalties as a result of the repayment of indebtedness. The Company continues to have access to the $90 million Revolving Credit Facility, of which $0 has been drawn as of the date hereof, following the Company?s repayment.