EchoStar Corporation

03/19/2026 | Press release | Distributed by Public on 03/19/2026 06:13

Material Agreement (Form 8-K)

Item 1.01.

Entry into a Material Definitive Agreement

On March 19, 2026, EchoStar Corporation, DISH Network Corporation, DISH DBS Corporation ("DDBS") and certain of DDBS's subsidiaries (DDBS and its subsidiaries, collectively, the "Company") entered into a Restructuring Support Agreement (the "RSA" and the transactions contemplated thereby, the "Transactions") with an ad hoc group (the "AHG") representing more than 82% of holders of debt securities issued by DDBS (the "DDBS Notes"). The Transactions contemplated by the RSA will, among other things, significantly deleverage the Company.

Pursuant to the terms and subject to the conditions set forth in the RSA, the Company will prepay without penalty certain DDBS Notes. In addition, the Company repaid in full, without penalty, the financing arrangements at DISH DBS Issuer L.L.C. ("DBS SubscriberCo"), as discussed in Item 1.02 below.

The RSA adds certain protections for the DDBS Notes and adds financial flexibility and strategic optionalityfor the company, including increased flexibility to engage in potential M&A transactions. In addition, the DDBS noteholders and the Company mutually agreed that all pending litigation would be dismissed with prejudice.

The foregoing description of the RSA does not purport to be complete and is qualified in its entirety by reference to the RSA, which is filed herewith as Exhibit 10.1 and incorporated by reference herein.

EchoStar Corporation published this content on March 19, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 19, 2026 at 12:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]