Item 1.01 Entry into a Material Definitive Agreement.

On December 23, 2021, SelectQuote, Inc. (the "Company") entered into a Third Amendment (the "Third Amendment") to its Credit Agreement, dated as of November 5, 2019, by and among the Company; Morgan Stanley Capital Administrators, Inc., as administrative agent; certain of the Company's existing lenders; and other parties from time to time party thereto (as amended on February 24, 2021 and November 2, 2021, the "Credit Agreement" and, as further amended by the Third Amendment, the "Amended Agreement"). The Third Amendment amends the Credit Agreement to, among other things, provide for an additional $35.0 million of committed capital under, and on the same terms as, the existing revolving credit facility (the "Revolving Credit Facility") from certain new lenders not previously party to the Credit Agreement (the "New Lenders"). Pursuant to the terms of the Third Amendment, each New Lender received, on the effective date of the Third Amendment, a commitment fee equal to 0.50% of the aggregate principal amount of the New Lender's loan commitments under the Revolving Credit Facility. As of December 27, 2021, the aggregate borrowing capacity under the Revolving Credit Facility is $135.0 million.

The obligations of the Company under the Amended Agreement continue to be guaranteed by certain of the Company's subsidiaries, and secured by a security interest in all assets of the Company, subject to certain exceptions detailed in the Amended Agreement and related ancillary documentation.

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

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On December 22, 2021, the Company borrowed $245.0 million under the existing delayed draw term loan facility (the "DDTL Facility") available to the Company pursuant to the Credit Agreement. The material terms of the DDTL Facility were disclosed on the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 4, 2021 and are incorporated herein by reference. As of December 27, 2021, the remaining borrowing capacity under the DDTL Facility is $100.0 million.

Item 9.01 Financial Statements and Exhibits.



(d)  Exhibits
Exhibit No.               Description of Exhibit
  10.1                    Third Amendment to Credit Agreement
104                       Cover Page Interactive Data File (embedded within the Inline XBRL
                          document)

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