On February 6, 2024, Tempur Sealy International, Inc. (the "Company"), Tempur-Pedic Management, LLC (the "Additional Borrower") and certain subsidiaries of the Company (the "Subsidiary Guarantors") entered into an Amendment No. 1 (the "Amendment") to the Company's 2023 Credit Agreement dated as of October 10, 2023 (as amended, supplemented or otherwise modified as of the effective date of the Amendment, including by the Amendment, the "Credit Agreement"), among several banks and other financial institutions party thereto and Bank of America, N.A., as administrative agent. The Amendment provides for an incremental delayed draw term loan in the aggregate principal amount of $625 million (the "Delayed Draw Term Loan") and an incremental revolving loan in the aggregate principal amount of $40 million (the "Incremental Revolving Loan").

The Delayed Draw Term Loan may be drawn in a single drawing on or before the date that is on or before February 6, 2025. When drawn, the maturity date of the Delayed Draw Term Loan will be October 10, 2028. Repayments and prepayments of the Delayed Draw Term Loan may not be reborrowed.

The proceeds of the Delayed Draw Term Loan will be used to pay fees and expenses in connection with the Amendment and for the previously disclosed acquisition contemplated by the Agreement and Plan of Merger, dated as of May 9, 2023, by and among the Company, Lima Holdings Corporation, Lima Deal Corporation LLC, Mattress Firm Group Inc. and Steenbok Newco 9 Limited. The amounts borrowed under the Incremental Revolving Loan will be available for general corporate purposes.