National CineMedia, Inc.

Each of the Facilities matures on September 18, 2031. Outstanding loans under the Facilities will bear interest at a margin over a reference rate selected at the option of the borrower. The margin for the Facilities will be 7.00% per annum for SOFR borrowings and 6.00% per annum for base rate borrowings. The provisions of the Term Loan Facility provide that, from and after the Closing Date until the second anniversary of the Closing Date, the Borrowers may elect to pay a portion of the margin (for any interest period ending prior to the second anniversary of the closing date) not exceeding 2.00% as paid-in-kind interest (the “PIK Election”), and to the extent the Borrowers shall have made such PIK Election, the margin with respect to the Term Loan Facility will be 7.50% per annum for SOFR borrowings and 6.50% per annum for base rate borrowings. A commitment fee of 0.50% is payable quarterly in arrears based on the average daily amount of the undrawn portion of the Revolving Facility. The Term Loan Facility will amortize in equal quarterly installments in aggregate annual amounts equal to 2.5% of the original principal amount in each of the first three years of the Term Loan Facility, and 5% of the original principal amount in each of the last two years of the Term Loan Facility. A commitment fee of 0.50% is payable quarterly in arrears based on the average daily amount of the undrawn portion of the Revolving Facility. The Credit Agreement also provides for mandatory prepayments from the net proceeds of certain asset dispositions, debt issuances and casualty and condemnation events, and from a percentage of excess cash flow, subject to certain reinvestment rights and other exceptions. If the Borrowers make certain voluntary prepayments of the Term Loan Facility prior to the third anniversary of the Closing Date, the principal amount prepaid is subject to a prepayment premium of (i) 3.00% during the first year following the Closing Date, (ii) 2.00% during the second year following the Closing Date and (iii) 1.00% during the third year following the Closing Date.

Holdings and certain of the Borrowers’ existing and future subsidiaries are required to guarantee the repayment of the Borrowers’ obligations under the Credit Agreement (collectively, the “Guarantors”). The obligations of the Borrowers and the Guarantors under the Credit Agreement are secured by a pledge of substantially all of the assets of the Borrowers and the Guarantors, subject to certain customary exclusions.

Item 1.02 Termination of a Material Definitive Agreement.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference into this Item 1.02.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The closing consideration was funded with a combination of cash on hand and borrowings under the Facilities described in Item 1.01 above, which discussion is incorporated herein by reference.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which was previously filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 11, 2026 and is incorporated herein by reference.