MAR: Material agreement · New financial obligation

Item 1.01. Entry into a Material Definitive Agreement. On September 23, 2026, Marriott International, Inc. (“Marriott” or the “Company”) entered into the Seventh Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent and certain banks (the “Amended Agreement”). The Amended Agreement amends and restates Marriott’s $4.50 billion multicurrency revolving credit agreement, dated as of December 14, 2022 (filed as Exhibit 10 to the Company’s Form 8-K filed on December 15, 2022) (as amended by the First Amendment to Credit Agreement, dated as of May 17, 2024, the “Prior Agreement”). The Amended Agreement increases the aggregate commitments under the Prior Agreement from $4.50 billion to $5.00 billion and increases the maximum aggregate commitments permitted upon exercise of the commitment increase option from $5.00 billion to $5.50 billion. The Amended Agreement extends the maturity date of the Prior Agreement from December 14, 2027 to September 23, 2031. The Amended Agreement adjusts the interest rate margins and facility fees, adjusts the calculation of “EBITDA”, provides for the ability to amend the Amended Agreement to adjust interest rates and fees based on to-be-agreed upon environmental key performance indicators, and adjusts certain other provisions to reflect current documentation standards and other agreed modifications. Under the Amended Agreement, borrowings generally bear interest at SOFR plus a spread based on the Company’s public debt rating. Marriott also pays quarterly fees at a rate based on the Company’s public debt rating. The Amended Agreement includes customary events of default. Except as described above, the material terms of the Prior Agreement generally remain unchanged. The foregoing description of the Amended Agreem