On June 25, 2021, Scott’s Liquid Gold-Inc. entered into the Second Amendment to Loan and Security Agreement (the “Amendment”), amending its Loan and Security Agreement with UMB Bank, N.A., dated July 1, 2020, as amended by the First Amendment to the Loan and Security Agreement, dated on March 26, 2021. The Amendment acknowledges the recent change in management, with Kevin Paprzycki and Tisha Pedrazzini serving as interim co-presidents, and consents to the add-back to EBITDA of certain charges relating to the severance agreements with certain employees of the Company and the deduction from EBITDA of severance payments as they are paid.