13 unchanged sentences
Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
−Removed: We rely extensively on information systems and technology to manage our business and summarize operating results.
−Removed: We are in the process of a multi-year implementation of a new global enterprise resource planning (“ERP”) system, which will replace our existing operating and financial systems.
−Removed: The ERP system is designed to accurately maintain the Company’s financial records, enhance operational functionality and provide timely information to the Company’s management team related to the operation of the business.
−Removed: The implementation is expected to occur in phases over the next several years.
−Removed: As the next phases are rolled out in connection with the ERP implementation, we will give appropriate consideration to whether these process changes necessitate changes in the design of and testing for effectiveness of internal controls over financial reporting.
Under the supervision and with the participation of management, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.
Based on our evaluation, management concluded that our internal control over financial reporting was effective as of December 31, 2025.
−Removed: There have not been any changes in our internal control over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
The effectiveness of our internal control over financial reporting as of December 31, 2025 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report, which is included herein.
+Added: Changes in Internal Control Over Financial Reporting
+Added: We rely extensively on information systems and technology to manage our business and summarize operating results.
+Added: During the quarter ended December 31, 2025, we continued activities related to the implementation of our new global ERP system, which was deployed in phases during the first, second, and third quarters of fiscal year 2025.
+Added: In the fourth quarter, we continued phase two activities focused on enhancing functionality, automating certain processes, and refining controls within the ERP environment.
+Added: We evaluated these enhancements as part of our ongoing assessment of internal control over financial reporting and will continue to monitor their design and operating effectiveness.
+Added: Except for the changes described above, there were no other changes in our internal control over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Other Information.
−Removed: Principal Accounting Officer
−Removed: Our board of directors appointed Christopher Growe as the Company’s principal accounting officer as of March 4, 2025.
Rule 10b5-1 Trading Plans
29 unchanged sentences
November 3, 2020
−Removed: Warrant Agreement, dated July 22, 2019, between Conyers Park II Acquisition Corp.
−Removed: and Continental Stock Transfer & Trust Company
−Removed: July 22, 2019
−Removed: Specimen Warrant Certificate (included in Exhibit 4.2)
−Removed: July 22, 2019
Indenture, dated as of October 28, 2020, among Advantage Solutions FinCo LLC, Advantage Sales & Marketing Inc., the guarantors party thereto and Wilmington Trust, National Association, as trustee and collateral agent
2 unchanged sentences
November 3, 2020
+Added: First Supplemental Indenture dated as of December 2, 2022, among Advantage Sales & Marketing Inc., HyprMX Mobile LLC and IDR Marketing Partners, LLC
+Added: Second Supplemental Indenture dated February 23, 2026, by and among Advantage Sales & Marketing, each of the parties identified as guarantors on the signature pages, and Wilmington Trust.
+Added: February 24, 2026
Amended and Restated Stockholders Agreement, dated as of October 27, 2020, by and among Conyers Park II Acquisition Corp., Karman Topco L.P., CVC ASM Holdco, L.P., the entities identified on the signature pages thereto under the heading “LGP Stockholders”, BC Eagle Holdings, L.P., and Conyers Park II Sponsor LLC
5 unchanged sentences
2020 Incentive Plan, as amended and restated
+Added: March 7, 2025
Form of Pre-2024 Stock Option Award Grant Notice and Agreement under the Advantage Solutions Inc.
6 unchanged sentences
2020 Incentive Plan
+Added: March 27, 2025
Form of 2024 Restricted Stock Award Grant Notice and Agreement under the Advantage Solutions Inc.
2020 Incentive Plan
+Added: March 27, 2025
Form of 2024 Performance Restricted Stock Unit Grant Notice and Agreement under the Advantage Solutions Inc.
2020 Incentive Award Plan
+Added: March 27, 2025
Advantage Solutions Inc.
Non-Employee Director Compensation Policy
−Removed: March 1, 2024
Form of Restricted Stock Unit Award Agreement (Non-Employee Directors) under the Advantage Solutions Inc.
35 unchanged sentences
Amendment No.
−Removed: 3 to First Lien Credit Agreement, dated as of April 17, 2024, by and among the Borrower, Holdings, the other guarantors parties
+Added: 3 to First Lien Credit Agreement, dated as of April 17, 2024, by and among the Borrower, Holdings, the other guarantors parties thereto, each lender party thereto, and Bank of America, as administrative agent.
April 18, 2024
−Removed: thereto, each lender party thereto, and Bank of America, as administrative agent.
+Added: Separation Agreement and General Release, effective as of March 6, 2025, by and between Advantage Solutions Inc.
+Added: and Jack Pestello.
+Added: March 7, 2025
+Added: Employment Offer Letter Agreement, dated February 26, 2025, by and between Advantage Solutions Inc.
+Added: and Dean General.
+Added: March 7, 2025
+Added: Employment Offer Letter Agreement, dated August 4, 2025, by and between Advantage Sales & Marketing LLC d/b/a Advantage Solutions and Jeffrey Harsh.
+Added: August 8, 2025
+Added: Transition Agreement entered into as August 18, 2025 by and between Andrea Young and Club Demonstration Services, Inc.
+Added: August 22, 2025
+Added: Transaction Support Agreement, dated February 6, 2026, by and among Advantage Sales & Marketing Inc., the additional Company Parties party thereto and the Supporting Parties from time to time party thereto.
+Added: February 9, 2026
Code of Business Conduct and Ethics
+Added: March 7, 2025
Advantage Solutions Inc.
Insider Trading Compliance Policy and Procedures
+Added: March 7, 2025
List of Subsidiaries
5 unchanged sentences
Policy Relating to Recovery of Erroneously Awarded Compensation
+Added: March 7, 2025
Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
22 unchanged sentences
Christopher Growe
−Removed: Chief Financial Officer (Principal Accounting Officer)
+Added: Chief Financial Officer (Principal Financial Officer)
March 3, 2026
−Removed: /s/ Chris Baldwin
+Added: /s/ Daniel Gore
+Added: Chief Accounting Officer (Principal Accounting Officer)
March 3, 2026
−Removed: Chris Baldwin
−Removed: /s/ Cameron Breitner
+Added: /s/ Christopher Baldwin
March 3, 2026
−Removed: Cameron Breitner
+Added: Christopher Baldwin
/s/ Virginie Costa
15 unchanged sentences
Robin Manherz
−Removed: /s/ Adam Nebesar
−Removed: March 7, 2025
/s/ Deborah Poole
2 unchanged sentences
March 3, 2026
+Added: /s/ Thomas Turner
March 3, 2026
+Added: Thomas Turner
+Added: March 3, 2026
+Added: /s/ Xiaofeng Yao
+Added: March 3, 2026
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.