BRO: Material agreement · New financial obligation

Item 1.01 Entry into a Material Definitive Agreement. On June 5, 2026, Brown & Brown, Inc. (the “Company”) entered into an amended and restated credit agreement (the “Third Amended and Restated Credit Agreement”) with the lenders named therein, JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A., Truist Bank and BMO Bank N.A. as co-syndication agents, and U.S. Bank National Association, Fifth Third Bank, National Association, Wells Fargo Bank, National Association, PNC Bank, National Association, HSBC Bank USA, National Association, Citizens Bank, N.A., The Huntington National Bank, and Barclays Bank PLC as co-documentation agents. The Third Amended and Restated Credit Agreement amended and restated the credit agreement dated October 27, 2021 (the “Existing Credit Agreement”). The Third Amended and Restated Credit Agreement: • increases the amount available to the Company and certain other subsidiary borrowers under the existing revolving credit facility (the “Revolving Credit Facility”) from $800 million to $1,250 million; • extends the applicable maturity date in respect of the Revolving Credit Facility in the amount of $1,250 million to June 5, 2031; • makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2029 (the “Term A-1 Loan Facility”); • makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2031 (the “Term A-2 Loan Facility” and collectively with the Revolving Credit Facility and the Term A-1 Loan Facility, the “Facilities” and each, a “Facility”); • includes various covenants, limitations and events of default customary for similar facilities for similarly rated borrowers; and • makes certain other updates and modificatio