Material Agreement, Financial Obligation (Form 8-K)

The information set forth in Item 2.03 of this Current Report on Form 8-Kis hereby incorporated by reference into this Item 1.01.

On April 1, 2026 (the "Closing Date"), Mission Produce, Inc. (the "Company") and certain direct and indirect subsidiaries of the Company (such subsidiaries, the "Guarantors", and together with the Company, the "Loan Parties") entered into an Amended and Restated Credit Agreement (the "Credit Agreement") with Bank of America, N.A., as administrative agent (the "Administrative Agent"), BofA Securities, Inc. and AgWest Farm Credit, PCA, as joint lead arrangers and bookrunners, AgWest Farm Credit, PCA and JPMorgan Chase Bank, N.A., as co-syndicationagents, City National Bank and ING Capital, LLC, as co-documentationagents, and the other lenders from time to time party thereto (the "Lenders"), which amends and restates that certain Credit Agreement, dated as of October 11, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the Closing Date), by and among the Company, the guarantors party thereto, the lenders party thereto, and Bank of America, as the administrative agent.

The Credit Agreement provides senior secured credit facilities in an aggregate principal amount of $550 million, consisting of:

The portion of the Term Loan Facilities that is drawn on the Cantaloupe Acquisition Funding Date will be used, among other things, to finance a portion of the purchase price for the acquisition by the Company of 100% of the equity interests of Calavo Growers, Inc., a California corporation ("Calavo" and such acquisition of Calavo, the "Acquisition") and to refinance certain indebtedness of Calavo and its subsidiaries.

The Senior Credit Facility also includes an accordion feature which allows the Company, subject to certain conditions, to increase the borrowings thereunder by up to $150 million, with applicable lender approval.

Under the Credit Agreement, borrowings will bear interest at (a) until delivery of the compliance certificate for the first fiscal quarter following the Closing Date, (i) 1.50% per annum, in the case of Term SOFR Loans (as defined in the Credit Agreement) under the Revolving Facility and Term SOFR Loans under the Term A-1Facility, (ii) 0.50% per annum, in the case of Base Rate Loans (as defined in the Credit Agreement) under the Revolving Facility and Base Rate Loans under the Term A-1Facility, (iii) 1.75% per annum, in the case of Term SOFR Loans under the Term A-2Facility, and (iv) 0.75% per annum, in the case of Base Rate Loans under the Term A-2Facility, and (b) thereafter, a percentage per annum to be determined in accordance with the pricing grid set forth below, based on the Company's consolidated total net leverage ratio:

Each of the Revolving Facility and the Term A-1Facility matures on April 1, 2031 and the Term A-2Facility matures on April 1, 2033.

The Company pays fees on unused commitments under the Revolving Facility at rates ranging from 0.175% to 0.300% per annum depending upon the Company's consolidated total net leverage ratio.

The Credit Agreement contains customary representations and warranties, events of default, financial tests, and affirmative and negative covenants, including financial covenants to maintain (i) a maximum consolidated total net leverage ratio of not greater than 3.50 to 1.00 and (ii) a minimum consolidated fixed charge coverage ratio of not less than 1.25 to 1.00.

The Senior Credit Facility is secured by substantially all of the assets of the Company and the Guarantors, including real property, personal property and the capital stock of certain of the Company's subsidiaries, subject to customary carveouts and exclusions.

The Guarantors under the Credit Agreement irrevocably and unconditionally guarantee due and punctual payment and performance to the lenders under the Credit Agreement and agree to punctually pay or perform such obligations unconditionally upon demand.

The foregoing summary description of the Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the Credit Agreement, a copy of which is included as Exhibit 10.1 to this Current Report on Form 8-Kand incorporated herein by reference.