MediaAlpha, Inc.'s subsidiaries, QuoteLab, LLC (the Borrower) and QL Holdings LLC (Holdings), have executed an Amendment and Restatement Agreement to their existing Credit Agreement, effective March 25, 2026. The agreement establishes a new five-year senior secured term loan facility in an aggregate principal amount of $150 million. Proceeds from the new term loan were primarily used to refinance all existing term loans outstanding under the previous Credit Agreement, with the remainder designated for general corporate purposes. A new five-year senior secured revolving credit facility with commitments totaling $60 million has also been established, replacing the prior revolving credit facility. Both the new term loan and revolving credit facilities will mature on March 25, 2031. Interest rates for borrowings under the Credit Agreement are variable, based on Term SOFR, Daily Simple SOFR, or Alternate Base Rate, plus an applicable margin. The applicable margins range from 2.00% to 3.00% for SOFR-based rates and 1.00% to 2.00% for the Alternate Base Rate, determined by the Borrower's consolidated total net leverage ratio. Term loans will amortize quarterly, beginning June 30, 2026, with payments equal to 1.25% of the original principal amount through March 31, 2030, and 2.50% thereafter. The obligations of the Borrower under both facilities are guaranteed by Holdings and secured by substantially all assets of Holdings and the Borrower. The agreement includes customary affirmative, negative, and financial covenants, such as maintaining a Consolidated Fixed Charge Coverage Ratio of not less than 1.20:1.00 and a Consolidated Total Net Leverage Ratio not exceeding 4.00:1.00 (with a temporary increase to 4.50:1.00 permitted after certain material acquisitions).