Falcon’s Beyond extends loan maturities to May 2025 pending Tenerife sale proceeds

Falcon's Beyond Global, Inc.

Fourth amendments to Katmandu Ventures (~$7.2M) and Universal Kat ($1.25M) loan agreements.
Repayment schedules removed; maturity set to earlier of 5 days after Tenerife sale distribution or May 16, 2025.
Loans from related parties: Katmandu Ventures (10%+ shareholder) and FAST Sponsor II LLC.
No event of default triggered; borrower reaffirms obligations under amended agreements.

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