Item 1.01 Entry into a Material Definitive Agreement.

On June 3, 2021, Univar Solutions Inc. (the "Company") and certain of its subsidiaries entered into the Sixth Amendment (the "Sixth Amendment") to that certain credit agreement, dated July 1, 2015 (as amended prior to the Sixth Amendment, the "Credit Agreement" and as amended by the Sixth Amendment, the "Amended Credit Agreement"). Pursuant to the Sixth Amendment, JPMorgan Chase Bank, N.A. and certain other lenders agreed to provide a new USD Term B-6 loan facility in an aggregate principal amount of $1 billion (the loans thereunder, the "Term B-6 Loans"), the proceeds of which were used, in part, to refinance the Term B-3 loans. As of the date of the Sixth Amendment, $395,000,000.00 of Term B-5 loans remain outstanding under the Amended Credit Agreement (together with the Term B-6 Loans, the "Senior Term Facilities").

The Senior Term Facilities are (i) secured by a first priority lien on substantially all assets of the loan parties (other than accounts receivable and inventory) and a second priority lien on accounts receivable and inventory and related collateral of the loan parties and (ii) guaranteed on a senior secured basis, jointly and severally, by the Company and certain of its subsidiaries. Guarantees and collateral provided by Univar Netherlands Holding B.V. and any future foreign loan parties are subject to certain agreed security principles.

The interest rates applicable to the loans under the Senior Term Facilities are based on, at the borrower's option, (i) in the case of the Term B-6 Loans, a fluctuating rate of interest determined by reference to a base rate plus an applicable margin equal to 1.00% or a Eurocurrency rate plus an applicable margin equal to 2.00% (in each case with a 0.25% stepdown based on achievement of a specific leverage level). The interest rate applicable to the Term B-5 loans remain unchanged.

The foregoing summary of the Senior Term Facilities does not purport to be complete and is qualified in its entirety by reference to the complete terms of the Sixth Amendment and the Amended Credit Agreement, filed as Exhibit 10.1 hereto and 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.

The information contained in Item 1.01 above is hereby incorporated by reference into this Item 2.03, insofar as it relates to the creation of a direct financial obligation.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

See the Exhibit Index set forth below for a list of exhibits included with this Current Report on Form 8-K.

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