On March 23, 2022, Viad Corp. entered into the First Amendment, among the Company, the other loan parties party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent, which amends the Credit Agreement, dated as of July 30, 2021 (the Credit Agreement), among the Company, Bank of America, N.A., as administrative agent, and the lenders party thereto from time to time. The Amendment modifies the Credit Agreement by, among other things, (i) increasing the maximum total leverage ratio levels required following the expiration of the period during which the liquidity covenant applies, (ii)
extending the period that the liquidity covenant applies until the date the Company delivers financial
statements and a compliance certificate for the quarter ending September 30, 2022, (iii) extending certain
restrictions contained in the negative covenants on the Company's activities during the extended period that the
liquidity covenant applies, and (iv) adding a minimum EBITDA test for the period from January 1, 2022 to June
30, 2022.