As previously disclosed, on August 4, 2021, MGM Growth Properties LLC, a Delaware limited liability company (the “Company” or “MGP”), entered into a Master Transaction Agreement (the “Transaction Agreement”) by and among the Company, MGM Growth Properties Operating Partnership LP, a Delaware limited partnership (the “Company LP”), VICI Properties Inc., a Maryland corporation (“Parent”), Venus Sub LLC, a Delaware limited liability company (“REIT Merger Sub”), VICI Properties L.P., a Delaware limited partnership (“Parent OP”), VICI Properties OP LLC, a Delaware limited liability company (“New Parent OP”), and MGM Resorts International, a Delaware corporation (“MGM”). The Transaction Agreement provides for, among other things, (i) the merger of the Company with and into REIT Merger Sub, with REIT Merger Sub being the surviving entity (the “REIT Merger” and such surviving entity, the “REIT Surviving Entity”), (ii) the merger of REIT Surviving Entity with and into the Company LP, with the Company LP being the surviving entity and continuing under the name “VICI Properties 2 L.P.” MGM Growth Properties LLC announced that The Transaction closed on April 29, 2022 (the “Closing Date”). On the Closing Date, in connection with the Transaction, the Company repaid in full all outstanding borrowings under its senior secured credit facility, which totaled $90.0 million, plus accrued and unpaid interest thereon and fees related thereto, and terminated the related Credit Agreement, dated as of April 25, 2016, among the Company LP, Bank of America, N.A., as Administrative Agent, and the other financial institutions party thereto (as amended, the “Existing MGP Credit Agreement”).