Item 1.02 Termination of a Material Definitive Agreement. Termination of Pacific Western Bank Loan and Security Agreement As previously disclosed, on December 16, 2016, Trupanion, Inc. (the "Company") and certain of its affiliates entered into a Senior Credit Facility Loan and Security Agreement (as amended, restated, supplemented or otherwise modified from time to time, the "Loan Agreement") with Pacific Western Bank ("PWB"), as administrative agent, and certain other financial institutions or entities from time to time parties thereto, for a $50.0 million secured term loan facility (the "Facility"). All outstanding amounts under the Facility were previously paid and, following a request from the Company, on December 29, 2020, the Company and PWB entered into a payoff letter (the "Payoff Letter"). Pursuant to the Payoff Letter, the Company paid all remaining obligations under the Loan Agreement and the Loan Agreement and the Facility were terminated.

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