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Traeger Inc

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

COOK$65.35-9.6%Stored close · as of Nov 10, 2026

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ITEM 5. OTHER INFORMATION

(a) Disclosure in lieu of reporting on a Current Report on Form 8-K.

On August 6, 2024, Traeger SPE LLC (“SPE”), Traeger Pellet Grills LLC and Traeger Pellet Grills Holdings LLC, each a wholly owned subsidiary of Traeger, Inc. (the “Company”), entered into a tenth amendment (the “Amendment”) to that certain receivables financing agreement with MUFG Bank Ltd., as committed lender, group agent and administrative agent (“MUFG”), and the other lenders party thereto, which provides the Company with secured short-term capital financing using outstanding accounts receivable balances as collateral and is dated as of November 2, 2020, as further amended on June 29, 2021, February 18, 2022, July 20, 2022, August 19, 2022, September 21, 2022, September 30, 2022, November 8, 2022, June 23, 2023 and November 8, 2023 (the “RFA”). The Amendment makes several changes to the terms of the RFA. Key changes include (i) an extension of the termination date of the RFA by approximately two years (from June 27, 2025 to August 6, 2027) (subject to a springing maturity construct, which will bring forward the maturity of the RFA to the date that is 91 days prior to the maturity of any of the Credit Facilities), and (ii) changes to certain performance thresholds tested to determine whether an Event of Default (as defined in the RFA) has occurred.

The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.3 to this Quarterly Report on Form 10-Q.

(b) Material changes to the procedures by which security holders may recommend nominees to the board of directors.

None.

(c) Insider Trading Arrangements and Policies.

During the three months ended June 30, 2024, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

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