You're referring to the 2023 American romantic comedy film, "Prom Pact"!
The movie revolves around Mary (played by Peyton List), a high school student who makes a pact with her best friend, Liz (played by Lili Reinhart's sister, Liza), to remain prom-free in their senior year. However, things get complicated when a charming and wealthy student, Alden (played by Jacob Elordi), shows interest in Mary. Prom Pact
Here's a helpful guide to the movie: