Advantage Solutions Inc. — fact timeline

Advantage Solutions Inc. shareholders approved Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers. at the 2026-05-27 meeting.

“Proposal 3: Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Vote 10,705,180 145,646 7,489 777,808 This proposal received the affirmative vote of the holders of a majority of the shares having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above.”

Advantage Solutions Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-05-27 meeting.

“Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. For Against Abstain 11,575,257 55,552 5,314 This proposal received the affirmative vote of the holders of a majority of the shares having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above.”

Advantage Solutions Inc. shareholders approved Election of Directors at the 2026-05-27 meeting.

“Proposal 1: Election of Directors. For Withheld Broker Non-Vote Tiffany Han 10,683,936 174,379 777,808 Adam Levyn 10,609,611 248,704 777,808 David Peacock 10,751,244 107,071 777,808 David J. West 10,713,733 144,582 777,808 This proposal received the required affirmative vote of holders of a plurality of the votes cast and all of the foregoing candidates were elected as the Company’s directors.”

Advantage Solutions Inc. reported the three months ended March 31, 2026 results: revenue $869.6 million, net income $71.8 million. Guidance reaffirmed.

“Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for the three months ended March 31, 2026. Revenues for the three months ended March 31, 2026 were $869.6 million compared with $821.8 million, and net loss was $71.8 million compared with a net loss of $56.1 million.”

Advantage Solutions Inc.: Effected a 1-for-25 reverse stock split by filing a Certificate of Amendment to the Third Amended and Restated Certificate of Incorporation (effective 2026-03-26).

“On March 26, 2026, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to amend the Certificate of Incorporation to effect the Reverse Stock Split.”

Advantage Solutions Inc. incurred senior notes of aggregate principal amount of approximately $559.1 million of New Notes with Wilmington Trust, National Association at 9.000% per annum maturing November 15, 2030.

“On the Settlement Date, the Company paid an aggregate of approximately $43.7 million in cash consideration and issued an aggregate principal amount of approximately $559.1 million of New Notes in exchange for the Tendered Notes.”

Advantage Solutions Inc. amended Supplemental Indenture with Wilmington Trust, National Association.

“Following the Withdrawal Deadline, the Company, the guarantors named therein, and Wilmington Trust, National Association, as trustee and collateral agent, entered into that certain Second Supplemental Indenture (the “Supplemental Indenture”) to the Existing Notes Indenture to give effect to the Proposed Amendments, the Guarantor Release, and the Collateral Release.”

Advantage Solutions Inc. entered into Transaction Support Agreement with certain holders of the Company’s Existing Notes and certain lenders under the Company’s Existing Term Loan Facility valued at The Transaction Support Agreement defines commitments to support a series of transactions to compreh (effective 2026-02-06).

“On February 6, 2026, Advantage Sales & Marketing Inc. (the “Company”), an indirect subsidiary of Advantage Solutions Inc. (the “Parent”), and certain of Parent’s subsidiaries (together with the Company, the “Company Parties”) entered into a Transaction Support Agreement (together with all exhibits, annexes and schedules thereto, the “Transaction Support Agreement”) with certain holders of the Company’s Existing Notes (as defined below) and certain lenders under the Company’s Existing Term Loan Facility”

Advantage Solutions Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

“January 7, 2026, Advantage Solutions Inc. (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Global Select Market, as set forth in Listing Rule 5450(a)(1). In accordance with Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until July 6, 2026, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company’s common stock must meet or e”

Michael Taylor was appointed as Chief Operating Officer, Retailer and Experiential Services at Advantage Solutions Inc..

“Effective as of June 30, 2025, Michael Taylor will become the Company’s Chief Operating Officer, Retailer and Experiential Services.”

Andrea Young departed as Chief Operating Officer, Experiential Services at Advantage Solutions Inc..

“Effective as of June 30, 2025, Ms. Young will cease to serve as Chief Operating Officer, Experiential Services, and will continue with the Company as a non-executive employee assisting on certain projects.”

Daniel Gore was appointed as Chief Accounting Officer at Advantage Solutions Inc..

“On March 19, 2025, the board of directors of Advantage Solutions Inc. (the “Company”) appointed effective as of March 24, 2025, Daniel Gore, age 56, as the Chief Accounting Officer and principal accounting officer of the Company”

Jack Pestello resigned as Chief Operating Officer, Branded Services at Advantage Solutions Inc..

“On March 5, 2025, Jack Pestello informed the Company that he intends to resign as the Company's Chief Operating Officer, Branded Services, effective on the Role Conversion Date (as defined below).”

Dean General was appointed as Chief Operating Officer, Branded Services at Advantage Solutions Inc..

“approved the appointment of Dean General to succeed Jack Pestello as the Company's Chief Operating Officer, Branded Services, effective March 24, 2025.”

Bevin Conley resigned as Chief Accounting Officer and Principal Accounting Officer at Advantage Solutions Inc..

“On January 2, 2025, Bevin Conley, the Chief Accounting Officer and principal accounting officer of Advantage Solutions Inc. (the “Company”), notified the Company as to her intent to resign from her positions with the Company effective as of February 7, 2025, in order to pursue another career opportunity.”

Advantage Solutions Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“today reported financial results for its first quarter ended March 31, 2024.”

Advantage Solutions Inc. amended term loan with Bank of America, N.A. at reducing the applicable interest rate margin on the term loan (a) for Term SOFR.

“The Third Amendment was entered into by the Borrower to amend certain terms and provisions, including: (i) reducing the applicable interest rate margin on the term loan (a) for Term SOFR Loans (as defined in the amended First Lien Credit Agreement), from 4.50% to 4.25% or (b) for Base Rate Loans (as defined in the amended First Lien Credit Agreement), from 3.50% to 3.25%; and (ii) resetting the period for six months following the Third Amendment Effective Date in which a 1.00% prepayment premium shall apply to any prepayment of the term loans in connection with a Repricing Event”

Advantage Solutions Inc. amended Third Amendment with Bank of America, N.A. (effective 2024-04-17).

“On April 17, 2024 (the “ Third Amendment Effective Date ”), Advantage Sales & Marketing Inc. (the “ Borrower ”), an indirect wholly-owned subsidiary of Advantage Solutions Inc. (the “ Company ”), together with Karman Intermediate Corp., a Delaware corporation (“ Holdings ”) and certain of the Borrower’s subsidiaries, entered into Amendment No. 3 to the First Lien Credit Agreement (the “ Third Amendment ”), which amends the First Lien Credit Agreement, dated as of October 28, 2020”

Advantage Solutions Inc. reported the fiscal full year ended December 31, 2023 results: revenue $4.2 billion, net income $60.3 million net loss.

“--- EX-99.1 Advantage Solutions exceeded 2023 financial guidance with solid fourth-quarter performance and expects continued growth in 2024 • 2023 consolidated revenues were $4.2 billion, a year-over-year increase of 4.3%, and operating income was $76.2 million. Excluding foreign exchange, acquisitions and divestitures, revenues increased 6.8%, and Adjusted”

Dean Kaye departed as principal accounting officer at Advantage Solutions Inc..

“She replaces Dean Kaye as the principal accounting officer of the Company, who ceased to serve in such role effective upon Ms. Conley’s appointment.”

Bevin Conley was appointed as Chief Accounting Officer and principal accounting officer at Advantage Solutions Inc..

“On December 28, 2023 the board of directors of Advantage Solutions Inc. (the “Company”) appointed Bevin Conley, age 48, as the Chief Accounting Officer and principal accounting officer of the Company”

Advantage Solutions Inc. reported three months ended September 30, 2023 results: revenue $1,096.1 million, net income Net loss in the quarter was $22.6 million. Guidance reaffirmed.

“Revenues for the third quarter were $1,096.1 million, up $45.0 million, or 4.3%, from third quarter 2022 revenues of $1,051.1 million.”

Adam Levyn was appointed as Class III director at Advantage Solutions Inc..

“The Board appointed Adam Levyn, effective as of October 20, 2023, as a Class III director to fill the vacancy left by Mr. Sokoloff’s resignation and to serve until the Company’s 2026 annual meeting of stockholders or his earlier resignation, retirement or removal.”

Jon Sokoloff resigned as director at Advantage Solutions Inc..

“On October 17, 2023, Advantage Solutions Inc. (the “Company”) received a notice from Jon Sokoloff informing the Company of his resignation from the Company’s board of directors (the “Board”) effective as of October 20, 2023.”

Dean Kaye resigned as Chief Financial Officer, North America and Principal Accounting Officer at Advantage Solutions Inc..

“On August 8, 2023, Dean Kaye, the Chief Financial Officer - North America, and principal accounting officer of Advantage Solutions Inc. (the “Company”), has notified the Company as to his intent to resign from his positions with the Company effective as of February 1, 2024.”

Advantage Solutions Inc. reported second quarter ended June 30, 2023 results: revenue $1,037.1 million, net income Net loss in the quarter was $7.8 million. Guidance reaffirmed.

“% Sales $ 63,678 $ 71,753 $ (8,075) (11.3)% Marketing 40,534 36,569 3,965 10.8% Total Adjusted EBITDA $ 104,212 $ 108,322 $ (4,110) (3.8)% • Revenues for the second quarter were $1,037.1 million, up $56.0 million, or 5.7%, from second quarter 2022 revenues of $981.1 million. Excluding the impact of unfavorable foreign exchange rates and acquisitions / divestitures,”

Advantage Solutions Inc. shareholders approved Approval of the Amended and Restated Advantage Solutions Inc. 2020 Incentive Award Plan at the 2023-05-24 meeting.

“Proposal 4: Approval of the Amended and Restated Advantage Solutions Inc. 2020 Incentive Award Plan. For Against Abstain Broker Non-Vote 256,676,939 38,510,613 43,843 5,511,112 This proposal received the affirmative vote of the holders of a majority of the shares of Common Stock having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above.”

Advantage Solutions Inc. shareholders approved Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers at the 2023-05-24 meeting.

“Proposal 3: Approval, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Vote 294,792,112 418,725 20,558 5,511,112 This proposal received the affirmative vote of the holders of a majority of the shares of Common Stock having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above.”

Advantage Solutions Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-24 meeting.

“Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain Broker Non-Vote 300,428,581 199,538 114,388 — This proposal received the affirmative vote of the holders of a majority of the shares having voting power present in person or represented by proxy at the Annual Meeting and was approved as set forth above.”

Advantage Solutions Inc. shareholders approved Election of Class III Directors at the 2023-05-24 meeting.

“Proposal 1: Election of Class III Directors. For Withheld Broker Non-Vote Tiffany Han 266,832,931 28,398,464 5,511,112 Jonathan K. Sokoloff 269,783,955 25,447,440 5,511,112 David J. West 271,754,558 23,476,837 5,511,112 David Peacock 294,823,848 407,547 5,511,112 This proposal received the required affirmative vote of holders of a plurality of the votes cast and all of the foregoing candidates were elected as the Company’s directors.”

Jody L. Macedonio was appointed as Class II director at Advantage Solutions Inc..

“On May 22, 2023, the board of directors (the “Board”) of Advantage Solutions Inc. (the “Company”) appointed Jody L. Macedonio, effective as of May 24, 2023, to fill a vacancy on the Board, as a Class II director and to serve until the Company’s 2025 annual meeting of stockholders or her earlier death, resignation or removal.”

Advantage Solutions Inc. updated its Fiscal Year 2023 guidance (reaffirmed).

“The Company is reiterating its guidance for fiscal 2023 with Adjusted EBITDA anticipated to range from $400 million to $420 million.”

Advantage Solutions Inc. reported First Quarter 2023 results: revenue $1,012.0 million, net income Net loss of $47.7 million.

“Revenues were $1,012.0 million for the first quarter of 2023, representing an increase of $97.2 million, or 10.6% from the first quarter 2022 revenues of $914.8 million. Excluding unfavorable foreign exchange rates, revenues increased by $110.3 million, or 12.1%. • Operating loss of $8.3 million for the first quarter of 2023, representing a decrease of $31.3 million from the first quarter 2022 operating income of $23.0 million. 1 • Net loss of $47.7 million for the first quarter of 2023, representing a decrease of $65.2 million from the first quarter 2022 net income of $17.5 million.”

Tanya Domier departed as Executive Chair of the board of directors at Advantage Solutions Inc..

“On March 22, 2023, Tanya Domier, the Executive Chair of the board of directors (the “Board”) of Advantage Solutions Inc. (the “Company”), notified the Board of her decision to resign from the Board concurrently with her planned retirement as an officer and employee of the Company effective as of March 31, 2023.”

Christopher Growe was appointed as Chief Financial Officer at Advantage Solutions Inc..

“the Company approved the appointment of Christopher Growe as Chief Financial Officer, effective as of March 27, 2023”

Brian Stevens changed role as Chief Financial Officer and Chief Operating Officer at Advantage Solutions Inc..

“Mr. Stevens will transition out of his current role effective as of March 27, 2023”

Advantage Solutions Inc. reported the fourth quarter and full fiscal year ended December 31, 2022 results: revenue Revenues were $1,102.8 million for the fourth quarter of 2022, net income Net loss of $1,421.7 million for the fourth quarter of 2022. Guidance initiated.

“On March 1, 2023, Advantage Solutions Inc. (the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2022.”

Advantage Solutions Inc. received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)).

“January 25, 2023, Advantage Solutions Inc. (the “Company”) received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) regarding its noncompliance with Nasdaq Listing Rule 5605(c)(2) (“Rule 5605”), which requires, among other things, that the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company (the “Board”) be comprised of a minimum of three independent directors. As previously disclosed on November 23, 2022, Ronald Blaylock, one of the Company’s directors, ceased serving on the Audit Committee as of November 23, 2022, and as a result, the Company’s”

David Peacock was appointed as Chief Executive Officer and director at Advantage Solutions Inc..

“On January 16, 2023, the Company approved the appointment of David Peacock to succeed Ms. Griffin as the Company’s Chief Executive Officer and as a member of the Board to fill the vacancy left by Ms. Griffin’s resignation as a Class III director, in each case, effective February 1, 2023.”

Jill Griffin resigned as Chief Executive Officer and director at Advantage Solutions Inc..

“On January 16, 2023, Jill Griffin informed the Board of Directors (the “Board”) of Advantage Solutions Inc. (the “Company”) that she resigned as the Company’s Chief Executive Officer and as member of the Company’s board of directors (the “Board”), effective January 16, 2023.”

Advantage Solutions Inc. amended revolving credit of $500 million with Bank of America, N.A. at Term SOFR plus an applicable margin maturing December 2, 2027.

“The ABL Amendment was entered into by the Borrower to amend certain terms and provisions of the ABL Agreement, including, among other things: (i) increasing the aggregate amount of maximum revolving commitments available from $400 million to $500 million; (ii) replacing the Eurocurrency Rate interest rate metric with a metric based on Term SOFR (as defined in the Amended ABL Agreement), whereby applicable borrowings in United States dollars will bear interest at a floating rate based on Term SOFR plus an applicable margin; (iii) reducing each applicable interest rate pricing tier based on the Average Historical Excess Availability (as defined in the Amended ABL Agreement) with respect to Term SOFR borrowings, Alternative Currency borrowings, base rate borrowings and Canadian Prime Rate borrowings, in each case for each pricing tier by 0.25% per annum; and (iv) extending the scheduled maturity date of the borrowings to December 2, 2027.”

Advantage Solutions Inc. entered into Second Amendment to ABL Revolving Credit Agreement with Bank of America, N.A. valued at amended ABL agreement increasing revolving commitments from $400 million to $500 million, changing i (effective 2022-12-02).

“On December 2, 2022 (the “ ABL Amendment Effective Date ”), Advantage Sales & Marketing Inc. (the “ Borrower ”), an indirect wholly-owned subsidiary of Advantage Solutions Inc. (the “ Company ”), together with Karman Intermediate Corp., a Delaware corporation (“ Holdings ”) and certain of the Borrower’s subsidiaries, entered into the Second Amendment to ABL Revolving Credit Agreement (the “ ABL Amendment ”), which amends the ABL Revolving Credit Agreement, dated as of October 28, 2020 (as amended, restated, supplemented, extended or otherwise modified prior to the ABL Amendment Effective Date, the “ ABL Agreement ”; the ABL Agreement, as amended by the ABL Amendment, the “ Amended ABL Agreement ”), by and among the Borrower, Holdings, the lenders from time to time party thereto and Bank of America, N.A. (“ Bank of America ”), as administrative agent, and the other parties thereto. The ABL Amendment was entered into by the Borrower to amend certain terms and provisions of the ABL Agreem”

Ronald Blaylock resigned as Director at Advantage Solutions Inc..

“On November 21, 2022, Ronald Blaylock notified the board of directors (the “Board”) of Advantage Solutions Inc. (the “Company”) of his decision to resign from the Board and the Audit Committee of the Board effective as of November 23, 2022.”

Advantage Solutions Inc. reported the three months ended September 30, 2022 results: revenue $1,051.1 million, net income $23.2 million. Guidance lowered.

“ahead, I remain confident that Advantage remains in a strong position to drive profitable growth as market conditions normalize.” Third Quarter 2022 Highlights • Revenues were $1,051.1 million for the third quarter of 2022, representing an increase of $122.3 million, or 13.2%, from the third quarter 2021 revenues of $928.8 million. • Operating income was $46.8 million”

Beverly Chase departed as Class II Director at Advantage Solutions Inc..

“On March 23, 2022, Beverly Chase notified Advantage Solutions Inc. (the “Company”) of her decision not to stand for reelection as a Class II director of the Company’s board of directors (the “Board”) at the Company’s annual meeting of stockholders on May 25, 2022”

Adam Nebesar was appointed as Director at Advantage Solutions Inc..

“The Board appointed Adam Nebesar, effective as of March 18, 2022, as a Class II director to fill the vacancy left by Mr. Cotton’s resignation”

Ryan Cotton resigned as Director at Advantage Solutions Inc..

“accepted the resignation of Ryan Cotton from the Board and the Nominating and Corporate Governance Committee of the Board.”

Jill Griffin was appointed as Director at Advantage Solutions Inc..

“the Board also approved an increase in the size of the Board from thirteen to fourteen directors and appointed Ms. Griffin as a director, each effective as of April 1, 2022.”

Jill Griffin was appointed as Chief Executive Officer at Advantage Solutions Inc..

“President and Chief Commercial Officer Jill Griffin will succeed Ms. Domier as the Company’s chief executive officer and will be named to the Company’s board of directors (the “Board”) as of such date.”

Tanya Domier was appointed as Executive Chair at Advantage Solutions Inc..

“Ms. Domier will continue to serve the Company as the Board’s executive chair.”