BRC Group Holdings, Inc. — fact timeline

BRC Group Holdings, Inc. issued 930,765 shares of Common Stock of common stock to DBA Trading, LLC.

“On June 4, 2026, the Company issued 930,765 shares of Common Stock to the Investor in exchange for 193,187 units of the 6.50% Senior Notes due 2026 (RILYN), 150,823 units of the 5.0% Senior Notes due 2026 (RILYG), 10,000 units of the 6.00% Senior Notes due 2028 (RILYT) and 17,883 units of the 5.25% Senior Notes due 2028 (RILYZ) (together, the “ June 3 3(a)(9) Notes ” and together with the May 14 3(a)(9) Notes, the “ Exchanged Senior Notes ”).”

BRC Group Holdings, Inc. issued 1,129,918 shares of Common Stock of common stock to DBA Trading, LLC.

“On May 14, 2026, the Company agreed to issue 1,129,918 shares of Common Stock to DBA Trading, LLC, an institutional accredited investor (the “ Investor ”), in exchange for 339,449 units of the 6.50% Senior Notes due 2026 (RILYN), 19,654 units of the 5.0% Senior Notes due 2026 (RILYG), 20,332 units of the 6.00% Senior Notes due 2028 (RILYT) and 28,742 units of the 5.25% Senior Notes due 2028 (RILYZ) (together, the “ May 14 3(a)(9) Notes ”).”

BRC Group Holdings, Inc. shareholders approved Vote to approve, on an advisory basis, the compensation of our named executive officers at the 2026-05-19 meeting.

“Vote to approve, on an advisory basis, the compensation of our named executive officers: Votes For Votes Against Abstentions Broker Non-Votes 10,707,112 1,742,371 82,159 9,505,246”

BRC Group Holdings, Inc. shareholders approved Ratification of the selection of BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-19 meeting.

“Ratification of the selection of BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026: Votes For Votes Against Abstentions 21,730,428 287,352 19,108”

BRC Group Holdings, Inc. shareholders approved Election of Directors at the 2026-05-19 meeting.

“Nominee for Director Votes For Votes Against Abstentions Broker Non-Votes (01) Bryant R. Riley 12,170,263 327,211 34,173 9,505,241”

BRC Group Holdings, Inc. reported the fiscal quarter ended March 31, 2026 results: net income $211.3 Million, EPS $6.62.

“(EX-99.1) --- FOR IMMEDIATE RELEASE BRC Group Holdings, Inc. Reports First Quarter 2026 Financial Results First Quarter 2026 Net Income Available to Common Shareholders of $211.3 Million; First Quarter 2026 Adjusted EBITDA of $262.2 Million;Operating Adjusted EBITDA of $34.6 Million LOS ANGELES, May 7, 2026 – BRC Group Holdings, Inc. (Nasdaq: RILY) (“BRCGH” or”

BRC Group Holdings, Inc. reported financial results for the fiscal quarter and year ended December 31, 2025.

“On March 31, 2026 , BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) (the “Company”) issued a press release reporting its financial results for the fiscal quarter and year ended December 31, 2025.”

BRC Group Holdings, Inc. terminated Axos Guaranty with Axos Bank (effective 2026-02-25).

“On February 25, 2026, the guaranty dated January 18, 2024 (the “ Axos Guaranty ”) by BRC Group Holdings, Inc. (f/k/a B. Riley Financial, Inc.) (the “ Company ”) in favor of Axos Bank, as administrative agent (the “ Agent ”), and the secured parties under that certain Credit Agreement, dated as of January 18, 2024 (as amended, the “ B&W Axos Credit Agreement ”), among Babcock & Wilcox Enterprises, Inc. (“ B&W ”), the guarantors party thereto, the lenders party thereto, and the Agent, was terminated and is of no further force and effect.”

BRC Group Holdings, Inc. amended Amendment No. 4 with Oaktree Fund Administration, LLC valued at Allowed company to repurchase unsecured notes on or prior to June 30, 2026 in an aggregate outstandi (effective 2026-01-14).

“On January 14, 2026, BRC Group Holdings, Inc. (the “ Company ”) and its wholly owned subsidiary BR Financial Holdings, LLC (the “ Borrower ”) entered into Amendment No. 4 (the “ Credit Agreement Amendment ”) to that certain Credit Agreement, dated as of February 26, 2025, by and among the Company, Borrower, each of the lenders party thereto, and Oaktree Fund Administration, LLC, as administrative agent and as collateral agent (as amended by Amendment No. 1 dated as of March 24, 2025, Amendment No. 2 dated as of July 8, 2025 and Amendment No. 3 dated as of October 8, 2025, the “ Credit Agreement ”).”

BRC Group Holdings, Inc. completed a disposition involving Stifel, Nicolaus & Company, Incorporated for $26.0 million in cash (closed 2025-04-04).

“Effective April 4, 2025, the Company completed the sale of its traditional (W-2) Wealth Management business (“Wealth W-2 Transaction”) to Stifel, Nicolaus & Company, Incorporated for net consideration of $26.0 million in cash”

BRC Group Holdings, Inc.: Amended bylaws to reflect new corporate name, effective January 1, 2026 (effective 2026-01-01).

“the Company’s Board of Directors approved the amendment of the Company’s by-laws to reflect the new corporate name also effective on January 1, 2026”

BRC Group Holdings, Inc.: Amended certificate of incorporation to change corporate name from B. Riley Financial, Inc. to BRC Group Holdings, Inc., effective January 1, 2026, and amended certificates of designation for preferred stock series (effective 2026-01-01).

“on January 1, 2026, B. Riley Financial, Inc. (now BRC Group Holdings, Inc., the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Amended Certificate”) to change the Company’s corporate name from B. Riley Financial, Inc. to BRC Group Holdings, Inc., effective on such date”

BRC Group Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1), 5810(b)).

“November 21, 2025, B. Riley Financial, Inc. (the “Company”) received an expected delinquency notification letter from Nasdaq, pursuant to Nasdaq Listing Rule 5810(b). The letter indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) as a result of the delayed filing of the Company’s Form 10-Q for the period ended September 30, 2025 (the “Third Quarter 10-Q”). As previously disclosed on November 19, 2025, the Company participated in a hearing with a Nasdaq Hearings Panel (the “Panel”) on November 4, 2025 in connection with the Company’s non-comp”

BRC Group Holdings, Inc. received a nasdaq hearing update notice regarding late filing (rules 5250(c)(1)).

“November 18, 2025, B. Riley Financial, Inc. (the “Company”) received written notification (the “Decision Letter”) from the Nasdaq Hearings Panel (the “Panel”) notifying the Company of its decision to grant the Company’s request to continue its listing on The Nasdaq Stock Market (“Nasdaq” or the “Exchange”), subject to the Company’s meeting certain conditions outlined in the letter. The Company participated in a hearing with the Panel on November 4, 2025 in connection with the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”), as previously notified by the Nasdaq”

BRC Group Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5800).

“fect and will not immediately result in the suspension of trading or delisting of the Company’s securities. The Staff Determination Letter notified the Company that it may request a hearing before a Nasdaq Hearings Panel (“Hearings Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A request for a hearing regarding one or more delinquent filings will automatically stay the suspension of the Company’s securities for a period of at least 15 calendar days from the date of the hearing request. By Nasdaq rule, when a company requests a hearing for one or more late”

BRC Group Holdings, Inc. dismissed Marcum LLP as its auditor.

“On September 8, 2025, the Audit Committee of the Board of Directors (the “Committee”) of B. Riley Financial, Inc. (the “Company”) dismissed Marcum LLP (“Marcum”), the Company’s prior independent registered public accounting firm, effective upon the completion of its audit and the issuance of its report on the Company’s consolidated financial statements and internal control over financial reporting for the Company’s fiscal year ended December 31, 2024”

BRC Group Holdings, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“August 20, 2025, B. Riley Financial, Inc. (“the Company”) received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2025, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). Nasdaq has granted the Company an exception until September 29, 2025 to file its delinq”

BRC Group Holdings, Inc. completed a disposition involving Gallop U.S. Acquireco Inc. and 1001243443 Ontario Inc. for $117.8 million (closed 2025-06-27).

“Advisory Inc., an Ontario corporation (“Farber”), to the Farber Buyer. The aggregate purchase price paid by the Buyers for the interests of GlassRatner and shares of Farber was $117.8 million in immediately available funds. The amount of the purchase price paid at the Closing was based upon estimates of the amount of cash, indebtedness, transaction expenses and”

BRC Group Holdings, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“June 4, 2025, B. Riley Financial, Inc. (the “Company”) received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Annual Report on Form 10-K for the period ended December 31, 2024 and its Quarterly Report on Form 10-Q for the period ended March 31, 2025, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice stat”

BRC Group Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“May 21, 2025, the Company received a notice (the “ Notice ”) from the Nasdaq Stock Market LLC (“ Nasdaq ”), which indicated that, as a result of the Company’s delay in filing its Annual Report on Form 10-K for the period ended December 31, 2024 and its Quarterly Report on Form 10-Q for the period ended March 30, 2025, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “ SEC ”). The Notice states that the Company ha”

BRC Group Holdings, Inc. incurred senior notes of approximately $93.1 million aggregate principal amount of newly-issued 8.00% Senior Secured Second Lien Notes due 2028 with institutional investor at 8.00% per annum maturing January 1, 2028.

“On May 21, 2025 (the “ Closing Date ”), B. Riley Financial, Inc., a Delaware corporation (the “ Company ”), entered into a private exchange transaction with an institutional investor (the “ Investor ”) pursuant to which the Investor exchanged approximately $29.5 million aggregate principal amount of the Company’s 5.50% Senior Notes due March 2026 Notes, approximately $75.0 million aggregate principal amount of the Company’s 5.00% Senior Notes due December 2026 and approximately $34.5 million aggregate principal amount of the Company’s 6.00% Senior Notes due January 2028 owned by it and certain of its affiliates (the “ Exchanged Notes ”) for approximately $93.1 million aggregate principal amount of newly-issued 8.00% Senior Secured Second Lien Notes due 2028 (the “ New Notes ”), whereupon the Exchanged Notes were cancelled.”

Phillip J. Ahn resigned as Chief Financial Officer and Chief Operating Officer at BRC Group Holdings, Inc..

“Mr. Yessner succeeds Phillip J. Ahn, who resigned on May 16, 2025 as Chief Financial Officer and Chief Operating Officer of the Company as well as a director and officer of certain Company subsidiaries, effective as of the Transition Date.”

Scott Yessner was appointed as Executive Vice President and Chief Financial Officer at BRC Group Holdings, Inc..

“Scott Yessner has been appointed to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 3, 2025”

BRC Group Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 3, 2025, the Company received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice states that the Company has 60 calendar days from the date of the Notice, or until Jun”

BRC Group Holdings, Inc. announced a impairment with charges of approximately $68 million to $74 million affecting Nogin Commerce, LLC.

“the Company based on the factors noted above concluded that goodwill and other intangible assets of Nogin were impaired and the charges are estimated to be approximately $68 million to $74 million.”

BRC Group Holdings, Inc. incurred senior notes of approximately $87.7 million aggregate principal amount with institutional investor at 8.00% per annum maturing January 1, 2028.

“the Investor exchanged approximately $86.3 million aggregate principal amount of the Company’s 5.50% Senior Notes due March 2026 Notes and approximately $36.7 million aggregate principal amount of the Company’s 5.00% Senior Notes due December 2026 owned by it (the “ Exchanged Notes ”) for approximately $87.7 million aggregate principal amount of newly-issued 8.00% Senior Secured Second Lien Notes due 2028 (the “ New Notes ”)”

BRC Group Holdings, Inc. completed a disposition involving Atlantic Coast Recycling Holdings, Inc. for approximately $102.5 million (closed 2025-03-03).

“by the MIPA (the “ ReVal Transaction ”) occurred on March 3, 2025. At the Closing, the Member sold the Interests to the Purchaser for a purchase price of approximately $102.5 million, subject to certain adjustments and a holdback amount pending receipt of a certain third party consent, resulting in cash proceeds of $68.6 million to the Company after”

BRC Group Holdings, Inc. incurred credit facility of $35,000,000 with Oaktree Fund Administration, LLC at SOFR Loans will accrue interest at the Adjusted Term SOFR Rate determined for su maturing The Delayed Draw Facility will mature on June 30, 2025, subject to acceleration or prepayment..

“On February 26, 2025 (the “ Closing Date ”), B. Riley Financial, Inc., a Delaware corporation (the “ Company ”), and the Company’s wholly owned subsidiary, BR Financial Holdings, LLC, a Delaware limited liability company (the “ Borrower ”), entered into a credit agreement (the “ Credit Agreement ”), by and among the Company, the Borrower, the lenders party thereto, and Oaktree Fund Administration, LLC, as administrative agent and as collateral agent, providing for (i) a three-year $125 million secured term loan credit facility (the “Initial Term Loan Facility ”) and (ii) a four-month $35 million secured delayed draw term loan credit facility (the “ Delayed Draw Facility ” and, together with the Initial Term Loan Facility, the “ Credit Facilities ”).”

BRC Group Holdings, Inc. incurred credit facility of $125,000,000 with Oaktree Fund Administration, LLC at SOFR Loans will accrue interest at the Adjusted Term SOFR Rate determined for su maturing The Initial Term Loan Facility will mature on the earlier of (i) February 26, 2028, and (ii) if any series of bonds, notes or bank indebtedness of the Company o.

“On February 26, 2025 (the “ Closing Date ”), B. Riley Financial, Inc., a Delaware corporation (the “ Company ”), and the Company’s wholly owned subsidiary, BR Financial Holdings, LLC, a Delaware limited liability company (the “ Borrower ”), entered into a credit agreement (the “ Credit Agreement ”), by and among the Company, the Borrower, the lenders party thereto, and Oaktree Fund Administration, LLC, as administrative agent and as collateral agent, providing for (i) a three-year $125 million secured term loan credit facility (the “Initial Term Loan Facility ”) and (ii) a four-month $35 million secured delayed draw term loan credit facility (the “ Delayed Draw Facility ” and, together with the Initial Term Loan Facility, the “ Credit Facilities ”).”

BRC Group Holdings, Inc. received a nasdaq compliance regained notice regarding late filing (rules 5250(c)(1)).

“February 24, 2025, the Company received a notice from Nasdaq indicating that, based on the Company’s filing of the Third Quarter 10-Q, the Company is in compliance with the Rule and the matter is now closed. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. B. Riley Financial, Inc. By: /s/Phillip Ahn Name: Phillip Ahn Title: CFO & COO Date: February 25, 2025”

BRC Group Holdings, Inc. completed a disposition involving OCM SSF III Great American PT, L.P., Opps XII Great American Holdings, LLC, and VOF Great American Holdings, L.P. (affiliates of Oaktree Capital Management, L.P.) for approximately $200 million (closed 2024-11-15).

“(the “Class A Common Units ”) representing approximately 52.6% of the issued and outstanding Class A Common Units in Great American NewCo for a purchase price of approximately $200 million. At the Closing, BR Financial retained (a) approximately 93.2% of the issued and outstanding class B preferred limited liability company units of Great American NewCo (which have”

BRC Group Holdings, Inc. announced a impairment with charges of approximately $120 million in the aggregate affecting Freedom VCM Investment and the Vintage Loan Receivable.

“On November 4, 2024, the Company concluded that it is required to record an additional impairment with respect to the Freedom VCM Investment and the Vintage Loan Receivable. The Company expects that the non-cash impairments of the Freedom VCM Investment and the Vintage Loan Receivable will be approximately $120 million in the aggregate.”

Kenny Young resigned as President at BRC Group Holdings, Inc..

“On September 20, 2024, Kenny Young resigned from his positions as the President of the Company, the Chief Executive Officer of B. Riley Principal Investments, LLC, and other officer roles at certain other Company subsidiaries.”

BRC Group Holdings, Inc. reported three-month period ended March 31, 2024 results: revenue $343 million, net income Net loss available to common shareholders of $51 million, EPS $(1.71) per common share.

“31, 2024. First Quarter 2024 Summary ● Net loss available to common shareholders of $51 million primarily driven by non-cash, unrealized investment losses ● Total revenues of $343 million vs $432 million for the first quarter of 2023 ● Operating revenues (3) of $379 million vs $389 million ● Operating adjusted EBITDA (4)(5) of $66 million vs $88 million ● Total”

BRC Group Holdings, Inc. reported the fiscal year ended December 31, 2023 results: revenue $ 1,643,600.

“The audited financial statements in the Company's Annual Report reflected certain non-cash adjustments to the preliminary results announced on February 29, 2024. The cumulative impact of these adjustments on the Company's key reported financial metrics is summarized in the below table. For a complete summary of financial results for the fourth quarter and full year ended 2023, including a comparison to 2022 financial results, please see the appendix at the end of this press release. Twelve Months Ended December 31, 2023 (Dollars in thousands) Preliminary Adjustments Final Total revenues $ 1,647,185 $ (3,585 ) $ 1,643,600 Operating income (loss) 150,630 (5,977 ) 144,653 Net loss available to common shareholders (86,371 ) (21,596 ) (107,967 ) Adjusted EBITDA 239,877 (29,633 ) 210,244 Operating Adjusted EBITDA 367,604 (4,595 ) 363,009”

BRC Group Holdings, Inc. disclosed a cybersecurity incident: A threat actor gained unauthorized access to certain of Targus’ file systems. Impact: Temporary interruption in the business operations of the Targus network; incident contained and systems recovery efforts are in process. Company determined it not material. Discovered 2024-04-05.

“the Company does not currently believe that this incident will materially impact the Company’s financial condition or results of operations taken as a whole.”

BRC Group Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“March 18, 2024, B. Riley Financial, Inc. (the “Company”) received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Annual Report”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). The Notice states that the Company has 60 calendar days from the da”

BRC Group Holdings, Inc. reported twelve months ended December 31, 2023 results: revenue $1.65 billion, net income $86 million net loss, EPS $2.95 diluted loss per share.

“quarter ● Operating adjusted EBITDA (3) of $79 million compared to $110 million in the prior year quarter Full year ended December 31, 2023: ● Total revenues increased 52% to $1.65 billion in 2023, up from $1.08 billion in 2022 ● Net loss of $86 million for the full year driven primarily by non-cash impairment charge of $71 million ● Operating revenues (2)”

BRC Group Holdings, Inc. reported three months ended December 31, 2023 results: revenue $347 million, net income $70 million net loss, EPS $2.32 diluted loss per share.

“Total revenues were $347 million compared to $382 million for the fourth quarter of 2022 ● Net loss available to common shareholders was $70 million, or $2.32 diluted loss per share”

BRC Group Holdings, Inc. incurred guarantee of $150,000,000 with Axos Bank at 2.00%.

“the Company has guaranteed certain obligations of the Borrower (subject to certain limitations) under the Credit Agreement, including the obligation to repay outstanding loans and letters of credit and to pay earned interest, fees costs and expenses of enforcing the Guaranty, provided however, that the Company’s obligations with respect to the principal amount of credit extensions and unreimbursed letter of credit obligations under the Credit Agreement shall not at any time exceed $150,000,000 in the aggregate”

BRC Group Holdings, Inc. entered into Guaranty with Babcock & Wilcox Enterprises, Inc. valued at $150,000,000 aggregate cap on Company obligations; 2.00% fee of aggregate revolving commitments paya (effective 2024-01-18).

“On January 18, 2024 (the “ Effective Date ”), B. Riley Financial, Inc., a Delaware corporation (the “ Company ”), entered into a guaranty (the “ Guaranty ”) in favor of (i) Axos Bank, in its capacity as administrative agent (the “ Administrative Agent ”) for the secured parties under that certain Credit Agreement, dated as of the Effective Date among Babcock & Wilcox Enterprises, Inc. (the “ Borrower ”), the guarantors party thereto, the lenders party thereto and the Administrative Agent (the “ Credit Agreement ”), and (ii) the secured parties.”

BRC Group Holdings, Inc. reported the nine-month period ending September 30, 2023 results: revenue $1.30 billion, net income net loss of $16.3 million, EPS $(0.56) per share.

“30, 2023. Financial Highlights for Three and Nine Months Ended September 30, 2023 ● Record total revenues of $462.3 million in Q3, up 48% year-over-year; Record YTD revenues of $1.30 billion for the first nine months of 2023, up 86% ● Net loss of $75.8 million in Q3 primarily driven by unrealized investment losses related to changes in mark-to-market valuations on”

BRC Group Holdings, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $462.3 million, net income Net loss of $75.8 million, EPS $(2.53) per share.

“results for the three-month and nine-month period ending September 30, 2023. Financial Highlights for Three and Nine Months Ended September 30, 2023 ● Record total revenues of $462.3 million in Q3, up 48% year-over-year; Record YTD revenues of $1.30 billion for the first nine months of 2023, up 86% ● Net loss of $75.8 million in Q3 primarily driven by unrealized”

BRC Group Holdings, Inc. entered into Credit Agreement with Nomura Corporate Funding Americas, LLC, as administrative agent, and Computershare Trust Company, N.A., as collateral agent, and the lenders party thereto valued at $500 million secured term loan credit facility and $100 million secured revolving loan credit facili (effective 2023-08-21).

“On August 21, 2023 (the " Closing Date "), B. Riley Financial, Inc., a Delaware corporation (the " Company "), and the Company’s wholly owned subsidiary, BR Financial Holdings, LLC, a Delaware limited liability company (the " Borrower "), entered into a credit agreement (the " Credit Agreement ") by and among the Company, the Borrower, the lenders party thereto, Nomura Corporate Funding Americas, LLC, as administrative agent, and Computershare Trust Company, N.A., as collateral agent, providing for a $500 million secured term loan credit facility (the " Term Loan Facility ") and a $100 million secured revolving loan credit facility”

BRC Group Holdings, Inc. updated its third quarter of 2023 guidance (reaffirmed).

“The Company has also reaffirmed its guidance for operating adjusted EBITDA (3) of at least $105 million for the third quarter of 2023.”

BRC Group Holdings, Inc. reported six-month period ending June 30, 2023 results: revenue $838.4 million, net income $63.5 million, EPS $2.05 diluted EPS.

“Highlights for the Six Months Ended June 30, 2023 ● Total revenues increased 117% to $838.4 million vs. $386.5 million in prior year six-month period ● Net income attributable to the Company of $63.5 million ● Net income available to common shareholders of $59.5 million, or $2.05 diluted EPS”

BRC Group Holdings, Inc. reported three-month period ending June 30, 2023 results: revenue $406.3 million, net income $46.4 million, EPS $1.55 diluted earnings per share. Guidance reaffirmed.

“Highlights for the Three Months Ended June 30, 2023 ● Total revenues increased 191% to $406.3 million vs. $139.6 million in prior year quarter ● Net income attributable to the Company of $46.4 million ● Net income available to common shareholders of $44.4 million, or $1.55 diluted earnings per share (EPS)”

BRC Group Holdings, Inc. updated its three month period ending September 30, 2023 guidance (initiated).

“The Company expects its operating adjusted EBITDA for the three month period ending September 30, 2023 will be at least $105 million.”

BRC Group Holdings, Inc. reported six months ended June 30, 2023 results: revenue within the range of $837.1 million and $839.1 million, net income within the range of $61.8 million and $63.8 million, EPS within the range of $1.98 to $2.05 per diluted share.

“Preliminary Estimates for the Six Months Ended June 30, 2023 ● Total revenues estimated within the range of $837.1 million and $839.1 million ● Net income attributable to the Company between $61.8 million and $63.8 million ● Diluted earnings per common share in the range of $1.98 to $2.05 per diluted share”

BRC Group Holdings, Inc. reported three months ended June 30, 2023 results: revenue within the range of $405 million to $407 million, net income within the range of $44.6 million and $46.6 million, EPS within the range of $1.48 to $1.55 per diluted share.

“Preliminary Estimates for the Three Months Ended June 30, 2023 ● Total revenues estimated within the range of $405 million to $407 million ● Net income attributable to the Company between $44.6 million to $46.6 million ● Diluted earnings per common share in the range of $1.48 to $1.55 per diluted share”