Material Agreement Form 8 K

Effective as of December 20, 2024, Zumiez Inc. (the "Registrant") together with its subsidiaries Zumiez Europe Holding GmbH ("ZEH") and Blue Tomato GmbH ("BT" and together with the Registrant and ZEH, collectively, the "Borrowers") entered into a Credit Agreement (the "Credit Agreement") with PNC Bank, National Association (the "Bank"). The Credit Agreement provides for a revolving credit facility of up to $25 million (the "Credit Facility") and is available for general corporate purposes. The Credit Facility also provides for the issuances of standby letters of credit in an amount not to exceed $17.5 million and commercial letters of credit in an amount not to exceed $10 million and borrowings in foreign currency with a borrowing sublimit not to exceed $15 million in equivalent U.S. dollars. The amount of borrowing available at any time under the Credit Facility is reduced by the amount of standby and commercial letters of credit outstanding at that time.

The Credit Facility will be secured by cash and marketable securities that are in an account held and monitored by the Bank. The value of this collateral must always be greater than or equal to the Credit Facility commitment amount of $25 million. Amounts borrowed under the Credit Facility bear interest at rate of SOFR plus 1.00% per annum. The Credit Agreement does not provide for any financial covenants but does include standard and customary covenants consistent with credit facilities of this nature. The Credit Facility does not carry any ongoing or unused balance fees. The Credit Facility will mature on December 20, 2025.

A copy of the Credit Agreement is attached to this current report on Form 8-Kas Exhibit 10.37. The preceding summary of the Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Credit Agreement.