Material Agreement (Form 8-K)

K-FITS Revolving Credit Facility

On September 19, 2025, FS KKR Income Trust Select (the "Company") and K-FITS Finance Eiffel-1 LLC ("Eiffel-1"), a wholly-owned, special purpose financing subsidiary of the Company, entered into a First Amendment to Revolving Credit and Security Agreement (the "First Amendment"), which amends the Revolving Credit and Security Agreement, originally dated as December 23, 2024, by and among Eiffel-1, as borrower, the Company, as equityholder and as servicer, BNP Paribas ("BNPP"), as administrative agent, each of the lenders from time to time party thereto, and Computershare Trust Company, N.A., as collateral agent. The First Amendment provides for, among other things, (i) a maximum facility amount increase from $250 million to $400 million, (ii) a reinvestment period extension from December 23, 2027 to September 19, 2028, (iii) a final maturity date extension from December 24, 2029 to September 19, 2030, (iv) a modification of the applicable margin for (1) USD advances to 1.95% per annum, (2) GBP, EUR and CAD advances to 2.05% per annum and (3) AUD and NZD advances to 2.15% per annum, in each case increasing by 0.50% per annum after the reinvestment period, and (v) a modification of the non-usage fee to a range between 0.15% per annum to 0.85% per annum depending on the percentage of the unused facility amount.

The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the First Amendment attached hereto as Exhibit 10.1.