On January 21, 2015, Starbucks Corporation entered into Amendment No. 2 to the Credit Agreement with Bank of America, N.A., in its capacity as Administrative Agent, Swing Line Lender and L/C Issuer, Wells Fargo Bank, N.A. and Citibank, N.A. as Co-Syndication Agents, and each of the other Lenders party thereto, which amends the Credit Agreement dated February 5, 2013 between the parties. Amendment No.

2 amends the Credit Agreement by (i) extending the scheduled maturity date from February 5, 2018 to January 21, 2020; (ii) amending certain facility fee and borrowing rates; and (iii) making certain other administrative changes. The Credit Agreement continues to provide for a $750,000,000 unsecured, revolving credit facility (of which $150,000,000 may be used for the issuances of letters of credit). Provided there is no default, the Company may, from time to time, request an increase from the lenders in the aggregate commitments by an amount not exceeding $750,000,000 for a total aggregate facility commitment not to exceed $1,500,000,000.

Borrowings under the Credit Agreement will continue to bear interest at a variable interest rate based on LIBOR, and, for U.S. Dollar-denominated loans under certain circumstances, a Base Rate, in each case plus an applicable margin. The applicable margin is based on the better of (i) the Company's long-term credit ratings assigned by Moody's and Standard & Poor's rating agencies, and (ii) the Company's fixed charge coverage ratio. Pursuant to Amendment No.

2, the current applicable margin is 0.680% for Eurocurrency Rate Loans and 0.00% for Base Rate Loans.