Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities (Form 8-K)

Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities

Company to Repurchase All Outstanding Convertible Preferred Equity

IRVINE, Calif., December 8, 2025 - Xponential Fitness, Inc. (NYSE: XPOF) (the "Company", "Xponential", or "Xponential Fitness"), one of the leading global franchisors of boutique health and wellness brands, today announced it has entered into a new credit agreement to refinance the Company's existing debt with a new five year term loan facility (the "term loan") of $525 million. The new credit agreement also provides for a revolving credit facility with borrowing capacity of $25 million.

"This refinancing not only allows the Company to decrease interest payments by up to one percent if it achieves certain financial milestones, but it also eliminates the Company's preferred stock which were convertible into approximately 8.2 million shares of common stock," said John Meloun, Chief Financial Officer of Xponential Fitness. "We are now even better positioned to support our strategic priorities and create long-term value for our shareholders moving forward."

Proceeds from the term loan will be used to refinance, in full, Xponential's existing credit facility, to fund the repurchase of the Company's outstanding convertible preferred stock, and to pay fees and expenses in connection with the foregoing. Borrowings under the revolving credit facility will be used for working capital and general corporate purposes.

About Xponential Fitness, Inc.

Xponential Fitness, Inc. (NYSE: XPOF) is one of the leading global franchisors of boutique health and wellness brands. Through its mission to deliver the talents, assets, and capabilities necessary for successful franchise growth, the Company operates a diversified platform of five brands spanning modalities including Pilates, barre, stretching, strength training and yoga. In partnership with its franchisees and master franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations throughout the U.S. and internationally, with franchise, master franchise and international expansion agreements in 49 U.S. states, Puerto Rico, and 30 additional countries. Xponential's portfolio of brands includes Club Pilates, the largest Pilates brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; YogaSix, the largest franchised yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements, and the largest Barre brand in the United States; and BFT, a functional training and strength-based program. For more information, please visit the Company's website at xponential.com.

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