Material Agreement, Financial Obligation (Form 8-K)

On March 23, 2026, Stone Point Credit Corporation (the "Company") entered into a Senior Secured Revolving Credit Agreement (the "Truist Credit Agreement") by and among the Company, Truist Bank, as administrative agent, and the lenders and issuing banks party thereto (the "Truist Facility"). Capitalized terms used but not defined herein will have the meaning set forth in the Truist Credit Agreement.

The aggregate initial principal amount of the Truist Facility, subject to availability under the borrowing base, is $250 million. Maximum capacity under the Truist Facility may be increased up to $450 million through the exercise of an accordion that permits increases to the total facility amount, subject to the satisfaction of certain conditions. Borrowings based on Term SOFR or another applicable benchmark or risk-free rate will bear interest at a rate of 1.75% plus Term SOFR or the applicable benchmark rate. Borrowings based on the "alternate base rate" (as more fully described in the Truist Credit Agreement) will bear interest at a rate of 0.75% plus the "alternate base rate". The rate of all borrowings will be increased by 0.125% if the Gross Borrowing Base is less than 1.6 times the Combined Debt Amount. All borrowings are subject to a credit adjustment spread. The Company will also pay a commitment fee at a rate of 0.375% per annum on the daily unused amount of each lender's revolving commitment under the Truist Facility.

The revolving period under the Truist Facility will terminate on the earlier of March 22, 2030 and the occurrence of a Trigger Event (which is defined in the Truist Credit Agreement in relation to the consummation of an initial public offering of the Company's common stock) and the Truist Facility will mature on March 21, 2031, unless earlier terminated in accordance with the terms of the Truist Credit Agreement, including upon the occurrence of a Trigger Event. During the period from the end of the revolving period to the maturity date, the Company will be obligated to make mandatory prepayments under the Truist Facility out of the proceeds of certain asset sales, other recovery events and equity and debt issuances.

The Truist Facility is secured by a security interest in substantially all of the portfolio investments held by the Company and each existing and future subsidiary that is a guarantor under the terms of the Truist Credit Agreement, subject to certain exceptions.

The Truist Credit Agreement includes customary affirmative and negative covenants, including financial covenants requiring the Company to maintain a minimum shareholders' equity and asset coverage ratio, and certain limitations on the incurrence of additional indebtedness and liens, as well as usual and customary events of default for revolving credit facilities of this nature.

The description above is only a summary of the material provisions of the Truist Facility and is qualified entirely by reference to the full text of such agreement, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.

The disclosure set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.