Item 1.01. Entry into a Material Definitive Agreement.
Amendment No. 1 to the Base Indenture
On March 11, 2026, Driven Brands Funding, LLC and Driven Brands Canada Funding Corporation (together, the "Co-Issuers", and each a wholly-owned subsidiary of Driven Brands Holdings Inc. (the Company")) entered into Amendment No. 1 ("Amendment No. 1 to the Base Indenture") to the Second Amended and Restated Base Indenture, dated as of October 20, 2025 (the "Base Indenture"), among the Co-Issuers and Citibank, N.A., as trustee and securities intermediary (the "Trustee").
Amendment No. 1 to the Base Indenture amended the Base Indenture to extend the deadlines for certain deliverables and to clarify certain other requirements following the occurrence of a re-issuance restatement of the Co-Issuers' financial statements.
Amendment No. 1 to the Base Indenture does not modify in any respect the requirement under Section 4.1(i)(ii) of the Base Indenture for the Company to deliver its Annual Report on Form 10-K for fiscal year ended December 27, 2025 (the "Form 10-K") to the Trustee by April 26, 2026. The Company expects to comply with this requirement.
The foregoing description of Amendment No. 1 to the Base Indenture is qualified in its entirety by reference to the full text of Amendment No. 1 to the Base Indenture, which is incorporated herein by reference to Exhibit 4.1 to this Current Report on Form 8-K.