On April 4, 2023, Oak Street Health, Inc. (company) and certain of its subsidiaries entered into a Default Waiver and First Amendment to the Loan and Security Agreement (Loan Agreement) dated September 30, 2022 with Hercules Capital, Inc. as administrative and collateral agent and lender (Agent), and Silicon Valley Bank (SVB) and the other lenders from time to time parties thereto (collectively with Agent in its capacity as a lender, the “Lenders”). Among other matters, the Amendment provides a waiver of any potential default under the Loan Agreement related to the Company's movement of certain cash deposits between financial institutions on March 16, 2023, which were made intentionally by the Company during the recent period of uncertainty surrounding SVB and its ability to continue operations. The Amendment provides that the Company may maintain cash in certain accounts outside of SVB and its affiliates in an aggregate amount not to exceed $65.0 million.