On June 18, 2024, Bowlero Corp. entered into a Tenth Amendment (the Tenth Amendment) to the First Lien Credit Agreement, dated as of July 3, 2017, by and among the Company, Kingpin Intermediate Holdings LLC, a direct subsidiary of the Company, as a borrower, the other guarantor's party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto (as amended, restated, amended and restated, supplemented or otherwise modified and in effect prior to the date hereof, the Existing Credit Agreement; the Existing Credit Agreement, as amended by the Tenth Amendment, the Amended Credit Agreement). Capitalized terms not defined herein are as defined in the Amended Credit Agreement.

The Tenth Amendment provides for a $50 million increase (the Incremental Revolving Commitments) of the total revolving commitments under the Existing Credit Agreement to an aggregate amount of $285 million. The Incremental Revolving Commitments have the same terms as the existing revolving commitments under the Existing Credit Agreement, including interest rate and maturity date. The Incremental Revolving Commitment is undrawn as of the Tenth Amendment Effective Date.