EX-4.8





 Exhibit 4.8 

AMENDMENT NO. 7 TO THE AMENDED AND RESTATED BASE INDENTURE 

THIS AMENDMENT NO. 7 TO THE AMENDED AND RESTATED BASE INDENTURE, dated as of March 30, 2021 (this “Amendment”), is
entered into by and among (i) DRIVEN BRANDS FUNDING, LLC, a Delaware limited liability company, as a co-issuer (the “Issuer”), (ii) DRIVEN BRANDS CANADA FUNDING CORPORATION, a Canadian
corporation, as a co-issuer (the “Canadian Co-Issuer” and together with the Issuer, the
“Co-Issuers”), and (iii) CITIBANK, N.A., a national banking association, not in its individual capacity, but solely in its capacity as the trustee under the Indenture referred to below
(together with its successors and assigns in such capacity, the “Trustee”). Capitalized terms used and not defined herein shall have the meanings set forth or incorporated by reference in the Indenture. 

RECITALS 
 WHEREAS, the Co-Issuers (including the Canadian Co-Issuer as of the Series 2020-1 Closing Date) and the Trustee have entered into the Amended and
Restated Base Indenture, dated as of April 24, 2018, as amended by Amendment No. 1 to the Amended and Restated Base Indenture, dated as of March 19, 2019, Amendment No. 2 to the Amended and Restated Base Indenture, dated as of
June 15, 2019, Amendment No. 3 to the Amended and Restated Base Indenture, dated as of September 17, 2019, Amendment No. 4 to the Amended and Restated Base Indenture, dated as of July 6, 2020, Amendment No. 5 to the
Amended and Restated Base Indenture, dated as of December 14, 2020, and Amendment No. 6 to the Amended and Restated Base Indenture, dated as of the date hereof (as the same may be further amended, supplemented or otherwise modified from
time to time prior to the date hereof and exclusive of the Series Supplements thereto, the “Base Indenture” and together with each Series Supplement entered into on or prior to the date hereof and any additional Series Supplements
thereto entered into from time to time, the “Indenture”). 
 WHEREAS, Sections 13.1(a)(ix) of the Base Indenture
provides, among other things, that the Co-Issuers and the Trustee, without the consent of any Noteholder, the Control Party, the Controlling Class Representative or any other Secured Party, may at any
time, and from time to time, make certain amendments, waivers and other modifications to the Base Indenture, to comply with Requirements of Law (as evidenced by an Opinion of Counsel), and that could not reasonably be expected to adversely affect in
any material respect the interests of any Noteholder, any Note Owner, the Trustee, the Servicer or any other Secured Party, including the types of amendments set forth in Section 1 of this Amendment. 

WHEREAS, the Co-Issuers desire to amend the Base Indenture in certain respects, as hereinafter set
forth. 
 NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the
sufficiency and receipt of which are hereby acknowledged by the parties hereto, the parties hereto agree as follows: 
 1. Amendments to
the Base Indenture Pursuant to Section 13.1(a)(ix). Without the consent of any Noteholder, the Control Party, the Controlling Class Representative or any other Secured Party, the
Co-Issuers and the Trustee agree to make the amendments and modifications to the Base Indenture as follows pursuant to, and in accordance with the terms and conditions of,
Section 13.1(a) of the Base Indenture. 

  
 1 













 (a) Annex A of the Base Indenture shall be amended as follows: 

(i) to insert the following definition of “Quarterly Noteholders’ Allocation Report” in appropriate alphabetical
order: 
 ““Quarterly Noteholders’ Allocation Report” has the meaning set forth in
Section 4.1(c)(i) of the Base Indenture.” 
 (ii) to amend and restate the definition of
“Quarterly Noteholders’ Report” in its entirety as follows: 
 ““Quarterly Noteholders’ Report”
has the meaning set forth in Section 4.1(c)(ii) of the Base Indenture.” 
 (b) Section 4.1(c) of the
Base Indenture shall be amended and restated in its entirety as follows: 
 “(c) Quarterly Noteholders’
Allocation Report and Quarterly Noteholders’ Report. 
 (i) On or before the third (3rd) Business Day prior to each Quarterly
Payment Date, the Co-Issuers shall furnish, or cause the Managers to furnish, (x) a statement, substantially in the form of Exhibit C-1 and which shall
be substantially in the form of Exhibit C other than the exclusion of certain specified line items, with respect to each Series of Notes (each, a “Quarterly Noteholders’ Allocation Report”), together with any applicable
FX Exchange Report, and (y) a preliminary Quarterly Noteholders’ Report, which shall be preliminary as to the calculation of Run Rate Adjusted EBITDA of the Driven Brands Entities for purposes of the Driven Brands Leverage Ratio and as to
any other system information set forth on the quarterly report, with respect to the first three fiscal quarters of each fiscal year, or annual report, with respect to the fourth fiscal quarter of such fiscal year, for such fiscal year of any Manager
or Parent or any of their respective parent entities filed with the SEC pursuant to the Exchange Act, in each case, in respect of such Quarterly Payment Date, to the Trustee, each Rating Agency (solely as to the Quarterly Noteholders’
Allocation Report), the Servicer and each Payment Agent, with a copy to the Back-Up Manager. Each Person furnished such preliminary Quarterly Noteholders’ Report shall be deemed to acknowledge and agree
(i) such preliminary Quarterly Noteholders’ Report is provided to the recipient solely for 

  
 2 













 
informational purposes, (ii) the recipient understands the preliminary Quarterly Noteholders’ Report contains material nonpublic information and (iii) the recipient shall, subject
to the confidentiality provisions of any Transaction Document to which it is a party, keep the information set forth thereon confidential and not disclose it to any other Person without the prior written consent of the
Co-Issuers. The Trustee shall not post the preliminary Quarterly Noteholders’ Report on the Trustee’s internet website. 

(ii) On or before the 3rd Business Day following the date when any Manager or Parent or
any of their respective parent entities files its or their quarterly report, with respect to the first three fiscal quarters of each fiscal year, or annual report, with respect to the fourth fiscal quarter of such fiscal year, for such fiscal year
with the SEC pursuant to the Exchange Act, the Co-Issuers shall furnish, or cause the Managers to furnish, a statement substantially in the form of Exhibit C with respect to each Series of Notes
(each such statement for the immediately preceding Quarterly Payment Date, which shall be substantially identical to the preliminary Quarterly Noteholders’ Report for such Quarterly Payment Date, except as to any superseding calculation of Run
Rate Adjusted EBITDA of the Driven Brands Entities for purposes of the Driven Brands Leverage Ratio or superseding reporting of any other system information described in clause (y) of the first sentence of
Section 4.1(c)(i) to the extent required for such calculation or other system information to be consistent with the calculation or other system information set forth on such foregoing quarterly report or annual report, as
applicable, together with the Quarterly Noteholders’ Allocation Report for such Quarterly Payment Date supplemented by such statement, a “Quarterly Noteholders’ Report”), together with any applicable FX Exchange Report in
respect of such Quarterly Payment Date, to the Trustee, each Rating Agency, the Servicer and each Paying Agent, with a copy to the Back-Up Manager. 

(iii) For purposes of each Series Supplement entered into on or prior to the Series 2020-2 Closing
Date and each other Transaction Document, all references to the Co-Issuers (or the Managers on their behalf) furnishing, or causing to be furnished, certain information set forth on a Quarterly
Noteholders’ Report on or before each Quarterly Payment Date shall be deemed to refer to (x) such information set forth on a Quarterly Noteholders’ Allocation Report to the extent set forth thereon and (y) such information set
forth on a Quarterly Noteholders’ Report to the extent solely set forth thereon and in respect of the immediately preceding Quarterly Payment Date, in each case, pursuant to this Base Indenture mutatis mutandis. 

  
 3 













 (iv) If at any time neither Manager nor Parent nor any of their respective parent entities
is then subject to Section 13 or Section 15(d) of the Exchange Act, then Section 4.1(c)(i) and Section 4.1(c)(iii) shall be disregarded in their entirety and the Quarterly
Noteholders’ Report furnished pursuant to Section 4.1(c)(ii) shall be furnished on or before the third (3rd) Business Day prior to each Quarterly Payment Date and no
Quarterly Noteholders’ Allocation Report or preliminary Quarterly Noteholders’ Report shall be required to be furnished under the Base Indenture.” 

(c) The Base Indenture shall be amended to insert Exhibit C-1, in the form attached hereto, as
an exhibit thereto in appropriate alphabetical order. 
 2. Effectiveness. Subject to receipt by the Trustee of (i) an Opinion
of Counsel pursuant to Section 13.1(a)(ix), Section 13.3, Section 13.6 and Section 14.3 of the Base Indenture and (ii) an Officers’
Certificate pursuant to Section 13.1(a), Section 13.6 and Section 14.3 of the Base Indenture duly executed by the Co-Issuers, this
Amendment shall become effective on the date hereof upon the execution and delivery of this Amendment by the Co-Issuers and the Trustee. 

3. Effect of Amendment. Except as expressly amended and modified by this Amendment, all provisions of the Base Indenture shall remain
in full force and effect and each reference to the Base Indenture and words of similar import in the Base Indenture, as amended hereby, shall be a reference to the Base Indenture as amended hereby and as the same may be further amended, supplemented
or otherwise modified and in effect from time to time. This Amendment shall not be deemed to expressly or impliedly waive, amend or supplement any provision of the Base Indenture, other than as set forth herein. This Amendment may not be amended,
supplemented or otherwise modified, except in accordance with the terms of the Base Indenture. This Amendment constitutes a Supplement pursuant to Section 13.3 of the Base Indenture. This Amendment shall inure to the
benefit of, and be binding on, the respective successors and assigns of the parties hereto, each Noteholder and each other Secured Party. 

4. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK). 

5. Counterparts. This Amendment may be executed by the parties hereto in several counterparts (including by facsimile, email,
electronic signature or other electronic means of communication), each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute but one and the same agreement. 

  
 4 













 6. Matters relating to the Trustee. The Trustee makes no representations or
warranties as to the correctness of the recitals contained herein, which shall be taken as statements of the Co-Issuers, or the validity or sufficiency of this Amendment and the Trustee shall not be
accountable or responsible for, or with respect to, nor shall the Trustee have any responsibility for, any provisions thereof. In entering into this Amendment, the Trustee shall have all of the rights, powers, duties and obligations of the Trustee
under the Base Indenture and any other Transaction Document to which the Trustee is party and, for the avoidance of doubt, shall be entitled to the benefit of every provision thereunder relating to the conduct of, or affecting the liability of, or
affording protection to, the Trustee. 
 7. Representations and Warranties. Each party hereto represents and warrants to each other
party hereto that this Amendment has been duly and validly executed and delivered by such party and constitutes its legal, valid and binding obligation, enforceable against such party in accordance with its terms. 

[The remainder of this page is intentionally left blank.] 

  
 5 













 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by
their respective officers thereunto duly authorized as of the day and year first above written. 
  

			
	 DRIVEN BRANDS FUNDING, LLC,
 as
Issuer



 
			
		
	By:	 	 /s/ Scott O’Melia

		 	Name: Scott O’Melia
		 	Title: Executive Vice President and Secretary


  

			
	DRIVEN BRANDS CANADA FUNDING CORPORATION, as Canadian Co-Issuer


 
			
		
	By:	 	 /s/ Scott O’Melia

		 	Name: Scott O’Melia
		 	Title: Executive Vice President and Secretary



  
 Amendment No. 7 to
Amended and Restated Base Indenture 













 
			
	CITIBANK, N.A., in its capacity as Trustee
		
	By:	 	 /s/ Anthony Bausa

		 	Name: Anthony Bausa
		 	Title:   Senior Trust Officer



  
 Amendment No. 7 to
Amended and Restated Base Indenture 














					
	Quarterly Noteholders’ Allocation Report	  	Confidential
	Driven Brands Funding, LLC & Driven Brands Canada Funding Corporation	  	

  
  

 

							
		  	For the Quarterly Fiscal Period starting on	 		  	 
		  	and ending on	 		  	 

  

			
	 Dates / Periods
	 	
		 
	 Quarterly Payment Date
	 	 
		
	 Quarterly Fiscal Period
	 	
	 Beginning Date
	 	 
	 Ending Date

		
	 Covenants and Debt Service
	 	


			
	  
 Debt Service
/ Payments to Noteholders for current Quarterly Payment Date

		 	Series 2018-1 Class A-2 Quarterly Interest
		 	Series 2019-1 Class A-2 Quarterly Interest
		 	Series 2019-2 Class A-2 Quarterly Interest
		 	Series 2019-3 Class A-1 Quarterly Interest
		 	Series 2020-1 Class A-2 Quarterly Interest
		 	Series 2020-2 Class A-2 Quarterly Interest
		 	Series 2019-3 Class A-1 Quarterly Commitment Fees
		 	Series 2018-1 Class A-2 Scheduled Principal
		 	Series 2019-1 Class A-2 Scheduled Principal
		 	Series 2019-2 Class A-2 Scheduled Principal
		 	Series 2020-1 Class A-2 Scheduled Principal
		 	 Series 2020-2 Class A-2
Scheduled Principal

	
	 Total Debt Service for current Quarterly Fiscal Period

		 	Total Debt Service for preceding 3 Quarterly Fiscal Periods
	  

Total Debt Service for trailing 4 Quarterly Fiscal Periods

	
	 Total Interest-Only Debt Service for current Quarterly Fiscal
Period

		 	Total Interest-Only Debt Service for preceding 3 Quarterly Fiscal Periods
	  

Total Interest-Only Debt Service for trailing 4 Quarterly Fiscal Periods



  
 Page 1 of 4 














					
		 	Quarterly Noteholders’ Allocation Report	  	Confidential
		 	Driven Brands Funding, LLC & Driven Brands Canada Funding Corporation	  	

  
  

 

							
		  	For the Quarterly Fiscal Period starting on	 		  	 
		  	and ending on	 		  	 

  

											
				
	 	 	 	  	Event Occurred	 	 	 	 
	 Potential Events
	  				 			
		 	Potential Rapid Amortization Event	  				 			
		 	Potential Manager Termination Event	  				 			
			
	Cash Trapping Percentage	  				 			
		 	Cash Trapping Percentage during Quarterly Fiscal Period	  	 	 	 	 			
			
	Cash Trapping Release Amounts	  				 			
		 	Cash Trapping Release Date - 50%	  	 	 	 	 			
		 	Cash Trapping Release Date - 100%	  	 	 	 	 			
		 	Aggregate amount on deposit in the Cash Trapping Reserve Account	  				 			
		 	 (a) Aggregate amount on deposit from periods with a Cash Trapping Percentage equal to 50%
	  				 			
		 	 (b) Aggregate amount on deposit from periods with a Cash Trapping Percentage equal to
100%
	  				 			
		 	Cash Trapping Release Amount	  				 			
			
	Asset Disposition Proceeds	  				 			
		 	Aggregate Asset Disposition Proceeds as of prior Quarterly Payment Date	  				 			
		 	 Plus: Additional Disposition Proceeds related to the Collateral
	  				 			
		 	 Less: Reinvested Asset Disposition Proceeds
	  	 	 	 	 			
		 	Aggregate Disposition Proceeds as of current Quarterly Payment Date	  				 			
			
	Refranchising Proceeds	  				 			
		 	Aggregate Refranchising Proceeds as of prior Quarterly Payment Date	  				 			
		 	 Plus: Additional Refranchising Proceeds related to the Collateral
	  				 			
		 	 Less: Reinvested Refranchising Proceeds
	  	 	 	 	 			
		 	Aggregate Refranchising Proceeds as of current Quarterly Payment Date	  				 			
		 	Refranchising Proceeds Cap	  				 			
		 	 Base Amount
	  				 			
		 	 Aggregate Shortfall Added to the Base Amount in any prior Fiscal Year
	  	 	 	 	 			
		 	Refranchising Proceeds Cap	  				 			
			
	Series 2018-1 Debt Service Amount	  				 			
		 	Series 2018-1 Class A-2 Quarterly Interest	  				 			
		 	Series 2018-1 Class A-2 Scheduled Principal	  				 			
		 	  
	 	 			
		 	Series 2018-1 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2018-1 Class A-2 Quarterly Post-ARD Contingent Interest	  				 			
			
	Series 2019-1 Debt Service Amount	  				 			
		 	Series 2019-1 Class A-2 Quarterly Interest	  				 			
		 	Series 2019-1 Class A-2 Scheduled Principal	  				 			
		 	  
	 	 			
		 	Series 2019-1 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2019-1 Class A-2 Quarterly Post-ARD Contingent Interest	  				 			
			
	Series 2019-2 Debt Service Amount	  				 			
		 	Series 2019-2 Class A-2 Quarterly Interest	  				 			
		 	Series 2019-2 Class A-2 Scheduled Principal	  				 			
		 	  
	 	 			
		 	Series 2019-2 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2019-2 Class A-2 Quarterly Post-ARD Contingent Interest	  				 			
			
	Series 2019-3 Debt Service Amount	  				 			
		 	Series 2019-3 Class A-1 Quarterly Interest	  				 			
		 	Series 2019-3 Class A-1 Quarterly Commitment Fees	  				 			
		 	  
	 	 			
		 	Series 2019-3 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2019-3 Class A-1 Quarterly Post-ARD Contingent Interest	  				 			
			
	Series 2020-1 Debt Service Amount	  				 			
		 	Series 2020-1 Class A-2 Quarterly Interest	  				 			
		 	Series 2020-1 Class A-2 Scheduled Principal	  				 			
		 	  
	 	 			
		 	Series 2020-1 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2020-1 Class A-2 Quarterly Post-ARD Contingent Interest	  				 			
			
	Series 2020-2 Debt Service Amount	  				 			
		 	Series 2020-2 Class A-2 Quarterly Interest	  				 			
		 	Series 2020-2 Class A-2 Scheduled Principal	  				 			
		 	  
	 	 			
		 	Series 2020-2 Debt Service Amount for current Quarterly Fiscal Period	  				 			
				
		 	Series 2020-2 Class A-2 Quarterly Post-ARD Contingent Interest	  				 			


  
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		 	Quarterly Noteholders’ Allocation Report	 	Confidential
		 	Driven Brands Funding, LLC & Driven Brands Canada Funding Corporation	 	

  

 
  

							
		  	For the Quarterly Fiscal Period starting on	 		  	 
		  	and ending on	 		  	 

  

													
	 	  	Commenced	 	  	 	 	  	Commencement Date	 
	 Extension Periods
	  				  				  			
	 Series 2019-3
Class A-1 first renewal period
	  				  				  			
				
	 Outstanding Principal Balances
	  				  				  			
	 Series 2018-1
Class A-2 Notes Outstanding Principal Amount
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2019-1
Class A-2 Notes Outstanding Principal Amount
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2019-2
Class A-2 Notes Outstanding Principal Amount
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2019-3
Class A-1 Notes Advances Outstanding
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2019-3
Class A-1 Swingline Notes outstanding
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2019-3
Class A-1 L/C Notes outstanding
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2020-1
Class A-2 Notes Outstanding Principal Amount
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
	 Series 2020-2
Class A-2 Notes Outstanding Principal Amount
	  				  				  			
	 As of prior Quarterly Payment Date
	  				  				  			
	 As of current Quarterly Payment Date
	  				  				  			
				
	 Series 2018-1 Prepayments
	  				  				  			
	 Amount of Series 2018-1 Class A-2 Notes to be prepaid on Quarterly Payment Date
	  				  				  			
	 Series 2018-1
Class A-2 Make-Whole Prepayment Premium, if any
	  				  				  			
	 Series 2019-1 Prepayments
	  				  				  			
	 Amount of Series 2019-1 Class A-2 Notes to be prepaid on Quarterly Payment Date
	  				  				  			
	 Series 2019-1
Class A-2 Make-Whole Prepayment Premium, if any
	  				  				  			
	 Series 2019-2 Prepayments
	  				  				  			
	 Amount of Series 2019-2 Class A-2 Notes to be prepaid on Quarterly Payment Date
	  				  				  			
	 Series 2019-2
Class A-2 Make-Whole Prepayment Premium, if any
	  				  				  			
	 Series 2020-1 Prepayments
	  				  				  			
	 Amount of Series 2020-1 Class A-2 Notes to be prepaid on Quarterly Payment Date
	  				  				  			
	 Series 2020-1
Class A-2 Make-Whole Prepayment Premium, if any
	  				  				  			
	 Series 2020-2 Prepayments
	  				  				  			
	 Amount of Series 2020-2 Class A-2 Notes to be prepaid on Quarterly Payment Date
	  				  				  			
	 Series 2020-2
Class A-2 Make-Whole Prepayment Premium, if any
	  				  				  			


  
 Page 3 of 4 














					
		 	Quarterly Noteholders’ Allocation Report	 	Confidential
		 	Driven Brands Funding, LLC & Driven Brands Canada Funding Corporation	 	

  

 
  

							
		  	For the Quarterly Fiscal Period starting on	 		  	 
		  	and ending on	 		  	 

  

									
	 Allocations to Series of Notes Outstanding
	  		  		  	
					
	 	  	 	  	Issuer	  	Co-Issuer	  	Total
	 	  	 	  	(USD)	  	(USD)	  	(USD)
	i.	  	 Indemnification Amounts, Release Prices, Asset Disposition Proceeds and Insurance/Condemnation
Proceeds
	  		  		  	
		  	 Allocated to Series 2018-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-2
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2020-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2020-2
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-3
Class A-1 Notes
	  		  		  	
	ii.	  	Senior Notes Accrued Quarterly Interest Amount	  		  		  	
		  	 Series 2018-1 Class A-2
Quarterly Interest
	  		  		  	
		  	 Series 2019-1 Class A-2
Quarterly Interest
	  		  		  	
		  	 Series 2019-2 Class A-2
Quarterly Interest
	  		  		  	
		  	 Series 2020-1 Class A-2
Quarterly Interest
	  		  		  	
		  	 Series 2020-2 Class A-2
Quarterly Interest
	  		  		  	
		  	 Series 2019-3 Class A-1
Quarterly Interest
	  		  		  	
	iii.	  	Variable Funding Note Accrued Quarterly Commitment Fee Amount	  		  		  	
		  	 Series 2019-3 Class A-1
Quarterly Commitment Fees
	  		  		  	
	iv.	  	Capped Class A-1 Notes Administrative Expenses Amount	  		  		  	
		  	 Series 2019-3 Class A-1 Notes
Administrative Expenses
	  		  		  	
	v.	  	Senior Notes Accrued Scheduled Principal Payments Amount	  		  		  	
		  	 Series 2018-1 Class A-2
Scheduled Principal Payments Amount
	  		  		  	
		  	 Series 2019-1 Class A-2
Scheduled Principal Payments Amount
	  		  		  	
		  	 Series 2019-2 Class A-2
Scheduled Principal Payments Amount
	  		  		  	
		  	 Series 2020-1 Class A-2
Scheduled Principal Payments Amount
	  		  		  	
		  	 Series 2020-2 Class A-2
Scheduled Principal Payments Amount
	  		  		  	
	vi.	  	 Allocation of funds for payment of principal on
Class A-1 Notes during Class A-1 Amortization Period
	  		  		  	
		  	 Allocated to Series 2019-3
Class A-1 Notes
	  		  		  	
	vii.	  	Cash Trapping Amount	  		  		  	
		  	 Outstanding Series Cash Trapping Amount
	  		  		  	
	viii.	  	 Allocation of funds for payment of principal on Senior Notes during Rapid Amortization
Period
	  		  		  	
		  	 Allocated to Series 2018-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-2
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2020-1
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2020-2
Class A-2 Notes
	  		  		  	
		  	 Allocated to Series 2019-3
Class A-1 Notes
	  		  		  	
	ix.	  	Excess Class A-1 Administrative Expenses Amount	  		  		  	
		  	 Series 2019-3 Class A-1 Notes
Administrative Expenses
	  		  		  	
	x.	  	Class A-1 Notes Other Amounts	  		  		  	
		  	 Series 2019-3 Class A-1 Other
Amounts
	  		  		  	
	xi.	  	Senior Notes Post-ARD Accrued Additional Interest Amount	  		  		  	
		  	 Series 2018-1 Class A-2 Post-ARD Accrued Additional Interest Amount
	  		  		  	
		  	 Series 2019-1 Class A-2 Post-ARD Accrued Additional Interest Amount
	  		  		  	
		  	 Series 2019-2 Class A-2 Post-ARD Accrued Additional Interest Amount
	  		  		  	
		  	 Series 2020-1 Class A-2 Post-ARD Accrued Additional Interest Amount
	  		  		  	
		  	 Series 2020-2 Class A-2 Post-ARD Accrued Additional Interest Amount
	  		  		  	
		  	 Series 2019-3 Class A-1 Post-ARD Accrued Additional Interest Amount
	  		  		  	
	xii.	  	Senior Notes Unpaid Premiums and Make-Whole Prepayment Premiums	  		  		  	
		  	 Series 2018-1 Unpaid Premiums and Make-Whole Prepayment Premiums
	  		  		  	
		  	 Series 2019-1 Unpaid Premiums and Make-Whole Prepayment Premiums
	  		  		  	
		  	 Series 2019-2 Unpaid Premiums and Make-Whole Prepayment Premiums
	  		  		  	
		  	 Series 2020-1 Unpaid Premiums and Make-Whole Prepayment Premiums
	  		  		  	
		  	 Series 2020-2 Unpaid Premiums and Make-Whole Prepayment Premiums
	  		  		  	


			
	
	IN WITNESS HEREOF, the undersigned has duly executed and delivered this Quarterly Noteholder Report
		
	                this	 	  

	
	Driven Brands, Inc. as the U.S. Manager on behalf of the Issuer and certain subsidiaries thereto,
		
	                by:	 	  

		
	        Printed Name:	 	  



			
	
	Driven Brands Canada Shared Services Inc. as the Canadian Manager on behalf of the Co-Issuer and certain subsidiaries
thereto,


			
		
	                by:	 	
		
	        Printed Name:	 	  



  
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