Material Agreement Form 8 K

On September 27, 2024, MercadoLibre, Inc. (the "Company"), as borrower, entered into a $400,000,0000 amended and restated revolving credit agreement (the "Amended and Restated Credit Agreement") with the lenders party thereto (the "Lenders"), Citibank, N.A. as administrative agent (the "Administrative Agent") and MercadoLibre S.R.L., Ebazar.com.br Ltda., Mercado Pago Instituição de Pagamento Ltda., DeRemate.com de Mexico S. de R.L. de C.V., MP Agregador, S. de R.L. de C.V., MercadoLibre Chile Ltda., and MercadoLibre Colombia Ltda. as initial guarantors (collectively, the "Initial Guarantors"). The Amended and Restated Credit Agreement amends and restates the $400,000,000 revolving credit agreement dated as of March 31, 2022 (the "Credit Agreement").

The Company's obligations under the Amended and Restated Credit Agreement are guaranteed by the Initial Guarantors. Additional guarantors may be added and existing guarantors may be removed, as specified in the Amended and Restated Credit Agreement, provided that no Initial Guarantor may be excluded if excluding such Initial Guarantor would result in the aggregate revenues of all guarantors representing less than 75% of the revenues of the Company.

The interest rates under the Amended and Restated Credit Agreement are based on Term SOFR (as defined in the Amended and Restated Credit Agreement) plus an interest margin of 1.00% per annum, which may be decreased to 0.90% per annum or increased to 1.15% per annum depending on the Company's debt rating, as further provided under the Amended and Restated Credit Agreement. Any loans drawn from the Amended and Restated Credit Agreement must be repaid on or prior to September 27, 2028, which will be automatically extended to September 27, 2029 upon satisfaction, on or prior to August 28, 2027, of the Maturity Extension Conditions (as defined in the Amended and Restated Credit Agreement), as further provided in the Amended and Restated Credit Agreement.

The Amended and Restated Credit Agreement contains customary affirmative and negative covenants for credit facilities of this type, including covenants that limit (subject to certain exceptions) the ability of Company and its restricted subsidiaries to, among other things, change the business of the Company or the guarantors, merge or dispose of assets, grant liens or enter into any sale or lease-back transactions. The Amended and Restated Credit Agreement also requires the Company to maintain a minimum of cash, cash equivalents and short-term investments of $600,000,000.

The Amended and Restated Credit Agreement also provides for customary events of default, including, without limitation, nonpayment, material misrepresentation, breach of covenants, insolvency, bankruptcy, certain judgments, change of control and cross-events of default on material indebtedness, each of which are defined in the Amended and Restated Credit Agreement.

This description of the Amended and Restated Credit Agreement, and the guarantees provided thereunder, is qualified in its entirety by reference to the Amended and Restated Credit Agreement, which is attached hereto as Exhibit 10.1.