Material Agreement, Financial Obligation (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On January 21, 2026, Viasat, Inc. ("Viasat") and ViaSat Technologies Limited, a company organized under the laws of England and a wholly owned subsidiary of Viasat ("VTL"), entered into a Credit Agreement (the "Ex-ImCredit Facility") by and among VTL, as borrower, Viasat, as guarantor, J.P. Morgan Securities LLC, as Ex-ImFacility Agent, and the Export-Import Bank of the United States ("Ex-ImBank"). The Ex-ImCredit Facility provides for a $188.7 million direct loan facility, $175.8 million of which can be used to finance up to 85% of the costs of construction, launch and insurance of the ViaSat-3F1 satellite and related goods and services (including costs incurred on or after May 1, 2018), with the remainder used to finance the total exposure fees incurred under the Ex-ImCredit Facility of up to $12.9 million. Viasat currently expects that the full borrowing availability under the Ex-ImCredit Facility will be drawn in a single disbursement following satisfaction of the conditions to utilization.

Borrowings under the Ex-ImCredit Facility are required to be repaid in 16 approximately equal semi-annual installments, commencing on May 25, 2026, with a final maturity date of November 25, 2033. Borrowings under the Ex-ImCredit Facility will bear interest at a fixed rate equal to Ex-ImBank's published Commercial Interest Reference Rate ("CIRR") as in effect five business days prior to the first disbursement of funds under the Ex-ImCredit Facility. The current CIRR is 4.63% per annum.

The Ex-ImFacility is guaranteed by Viasat and secured by first priority liens on selected assets of VTL (including the ViaSat-2satellite and certain associated contracts and insurance) and a pledge of the capital stock in VTL held by Viasat.

The Ex-ImCredit Facility contains financial covenants regarding Viasat's maximum total leverage ratio and minimum interest coverage ratio. In addition, the Ex-ImCredit Facility contains covenants that restrict, among other things, VTL's and Viasat's ability to sell assets, make investments and acquisitions, make capital expenditures, grant liens, pay dividends and make certain other restricted payments. The Ex-ImCredit Facility also contains customary events of default. Upon the occurrence and during the continuance of an event of default, Ex-ImBank may declare all outstanding amounts under the Ex-ImCredit Facility immediately due and payable.

J.P. Morgan Securities LLC and its affiliates have performed, and may in the future perform, for Viasat and its affiliates various commercial banking, investment banking, financial advisory or other services, for which they have received and/or may in the future receive customary compensation and expense reimbursement.

The description of the Ex-ImCredit Facility contained herein does not purport to be complete and is qualified in its entirety by reference to the complete text of the Ex-ImCredit Facility, which is attached hereto as Exhibit 10.1 to this report and is incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-BalanceSheet Arrangement of a Registrant.

The information provided in Item 1.01 above is incorporated herein by reference.