Financial Obligation Form 8 K

Amendment to Credit Agreement.

As previously disclosed, Universal Technical Institute, Inc., a Delaware corporation (the "Company"), and certain of its subsidiaries (collectively with the Company, the "Loan Parties"), entered into a Credit Agreement, dated as of November 18, 2022 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), with Fifth Third Bank, a national banking association (the "Lender"). On September 26, 2024, the Loan Parties entered into a Third Amendment to Credit Agreement (the "Amendment") with the Lender to, among other things, (i) increase the revolving loan commitment amount to $125.0 million, (ii) add a $25.0 million accordion feature, (iii) extend the maturity date of the Credit Agreement to November 30, 2027, and (iv) eliminate the credit spread adjustment.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which will be timely filed as an exhibit to the Company's upcoming Annual Report on Form 10-Kin accordance with applicable rules and regulations of the Securities and Exchange Commission.