Exhibit 10.1

December 18, 2019

Mizuho Bank, Ltd.,

as Administrative Agent

under the Credit Agreement

referred to below

Extension Agreement

Ladies and Gentlemen:

The undersigned hereby agrees to extend the Maturity Date under the 364-Day
Revolving Credit Agreement dated as of January 18, 2019 (as amended, restated,
amended and restated, supplemented or otherwise modified prior to the date
hereof, the “Credit Agreement”) among Walgreens Boots Alliance, Inc., a Delaware
corporation (the “Borrower”), Mizuho Bank, Ltd. (“Mizuho”), as administrative
agent, and certain other parties thereto for an additional period of 364 days to
January 28, 2021, which extension shall become effective on January 30, 2020
(the “Extension Effective Date”), subject to (a) on or prior to the Extension
Effective Date (i) execution and delivery of counterparts to this Extension
Agreement by all Lenders consenting to the Maturity Date Extension described
herein, which consenting Lenders shall constitute Required Lenders under the
Credit Agreement, and (ii) prepayment of all amounts (if any) required to be
paid or prepaid pursuant to Section 2.02(a) and (c) of the Credit Agreement,
(b) delivery to the Administrative Agent of a certificate dated as of the
Extension Effective Date signed by an Authorized Officer of the Borrower
(i) certifying and attaching the resolutions adopted by the Borrower approving
or consenting to such extension and (ii) certifying as to the matters set forth
in Section 2.02(d) of the Credit Agreement and (c) payment of all fees, costs
and expenses due and payable to the Administrative Agent, for itself and on
behalf of the Lenders, or its counsel on the Extension Effective Date (including
pursuant to any fee letter executed and delivered, or required to be executed
and delivered, in connection with the Credit Agreement or the extension).
Capitalized terms defined in the Credit Agreement are used herein with the same
meaning.

Except to the extent hereby modified, the Credit Agreement and each of the Loan
Documents remain in full force and effect and are hereby ratified and affirmed.
Except as expressly provided herein, this Extension Agreement shall not be
deemed (a) to be a consent granted pursuant to, or a waiver or modification of,
any term or condition of the Credit Agreement or any of the instruments or
agreements referred to therein or (b) to prejudice any right or rights which the
Administrative Agent or the Lenders may now have or have in the future under or
in connection with the Credit Agreement or any of the instruments or agreements
referred to therein. Unless the context indicates otherwise, on and after the
Extension Effective Date, whenever the Credit Agreement is referred to in the
Credit Agreement, the other Loan Documents or any of the instruments, agreements
or other documents or papers executed or delivered in connection therewith, such

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reference shall be deemed to mean the Credit Agreement as amended by this
Extension Agreement.

This Extension Agreement shall be deemed to be a Loan Document for all purposes
under the Credit Agreement. This Extension Agreement shall be construed in
accordance with and governed by the laws of the State of New York. This
Extension Agreement may be executed in any number of counterparts and by the
different parties hereto in separate counterparts, each of which shall be an
original and all of which, when taken together, shall constitute but one and the
same instrument. A facsimile or .pdf copy of a counterpart signature page shall
serve as the functional equivalent of a manually executed copy for all purposes.

[Signature Pages Follow]

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MIZUHO BANK, LTD., as the Administrative Agent and as a Lender By:   /s/Tracy
Rahn   Name:   Tracy Rahn   Title:   Authorized Signatory

 

[Signature Page to Extension Agreement]

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Bank of America, N.A., as a Lender By:   /s/J. Casey Cosgrove   Name:   J. Casey
Cosgrove   Title:   Director

 

[Signature Page to Extension Agreement]

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HSBC Bank USA, N.A as a Lender By:   /s/James Smith   Name:   James Smith  
Title:   Vice President

 

[Signature Page to Extension Agreement]

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Intesa Sanpaolo S.p.A – New York Branch as a Lender By:   /s/Alessandro Toigo  
Name:   Alessandro Toigo   Title:   Head of Corporate Desk By:   /s/William
Denton   Name:   William Denton   Title:   Global Relationship Manager

 

[Signature Page to Extension Agreement]

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MUFG BANK, LTD., as a Lender By:   /s/Steve Aronowitz   Name:   Steve Aronowitz
  Title:   Managing Director

 

[Signature Page to Extension Agreement]

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UniCredit Bank AG, New York Branch as a Lender By:   /s/Luca Balestra   Name:  
Luca Balestra   Title:   Managing Director By:   /s/Laura Shelmerdine   Name:  
Laura Shelmerdine   Title:   Associate Director

 

[Signature Page to Extension Agreement]

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JPMORGAN CHASE BANK, N.A as a Lender By:   /s/Stephen Lescher   Name:   Stephen
Lescher   Title:   Vice President

 

[Signature Page to Extension Agreement]

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U. S. BANK NATIONAL ASSOCIATION, as a Lender By:   /s/Conan Schleicher     Conan
Schleicher     Senior Vice President

 

[Signature Page to Extension Agreement]

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National Westminster Bank Plc, as a Lender By:   /s/Michael Collins   Name:  
Michael Collins   Title:   Director

 

[Signature Page to Extension Agreement]

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The Toronto-Dominion Bank, New York
Branch, as a Lender By:   /s/Peter Kuo   Name:   Peter Kuo   Title:   Authorized
Signatory

 

[Signature Page to Extension Agreement]

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Agreed and accepted as of

the date first above written:

 

WALGREENS BOOTS ALLIANCE, INC. as the Borrower By:   /s/Aidan Clare   Name:  
Aidan Clare   Title:   Senior Vice President and   Global Treasurer By:  
/s/John Devlin   Name:   John Devlin   Title:   Vice President, Global Treasury

 

[Signature Page to Extension Agreement]