Camping World Holdings, Inc.

Item 1.01. Entry into a Material Definitive Agreement. On August 25, 2026, certain subsidiaries (the “Borrowers”) of FRHP Lincolnshire, LLC (“Holdings”), each indirect subsidiaries of Camping World Holdings, Inc. (the “Company”), entered into an Amended and Restated Credit Agreement (“A&R Mortgage Facility”) with Manufacturers and Traders Trust Company (“M&T”), as administrative agent, and the other lenders party thereto. The A&R Mortgage Facility amends and restates in its entirety the Credit Agreement dated October 27, 2022 with M&T, as administrative agent, and the other lenders party thereto (as amended, the “Prior Mortgage Facility”). The A&R Mortgage Facility provides for senior secured mortgage loan facilities in an aggregate principal amount of $175.0 million, consisting of $132.8 million of mortgage loans funded at closing and $42.2 million of delayed draw mortgage loan commitments available through February 25, 2031. The mortgage loans funded at closing continued and refinanced the loans outstanding under the Prior Mortgage Facility, and $20.8 million of additional funds were drawn at closing, net of fees and lender holdbacks. Borrowings under the A&R Mortgage Facility bear interest, at the borrowers’ option, at a term SOFR rate plus 2.30% per annum or a base rate plus 1.30% per annum, and the borrowers pay a fee of 0.20% per annum on the average daily unused portion of the delayed draw commitments. The A&R Mortgage Facility matures on August 25, 2031, extending the October 27, 2027 maturity date of the Prior Mortgage Facility. The mortgage loans amortize in quarterly installments in an aggregate annual amount equal to 5.0% of the original principal amount of such loans, commencing September 30, 2026, with the remaining unpaid balance due at maturity. Subject to specified conditions, the borrowers retain the option to request up to an additional $100.0 million of borrowing capacity. The A&R Mortgage Facility is secured by mortgages on specified real property of the borrowers and related assets, and is guaranteed by Holdings, certain subsidiaries of Holdings and CWGS Group, LLC. The A&R Mortgage Facility requires the borrowers to maintain a consolidated debt service coverage ratio of not less than 1.10 to 1.00, tested as of the last day of each test period beginning with the test period ending September 30, 2026, and contains customary representations and warranties, affirmative and negative covenants and events of default. This summary of the A&R Mortgage Facility does not purport to be a complete description and is qualified in its entirety by reference to the full text of the A&R Mortgage Facility, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The foregoing disclosure in Item 1.01 hereof is incorporated by reference into this Item 2.03.