Shoals Technologies amends credit agreement to allow JPMorgan-held accounts to perfect security interests

Shoals Technologies Group, Inc.

On Aug 28, 2026, Shoals and its guarantors executed Amendment No. 8 to the Nov 25, 2020 Credit Agreement with JPMorgan as administrative agent and Wilmington Trust as collateral agent.
Amendment lets deposit, security, and commodity accounts maintained with JPMorgan satisfy 'control' for perfection, eliminating need for separate account control agreements.
Also amends Security Agreement Section 2(a) and appoints JPMorgan as sub-agent for perfection of such accounts; no change to principal, interest, or maturity.
Required Lenders, including Bank of America, Citibank, Fifth Third, Goldman Sachs, and Wells Fargo, consented to the amendment.

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