Credit Agreement

When the limit steps, and which way the company's ratio has been moving.

Signed Jun 10, 2026

Committed: $500m
Matures: Jun 2028
Agent: Bank of America, N.A.

Tranche	Size	Matures	Margin
Revolving credit facility	$500m	Jun 2028	113–200 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

Level	Condition	Margin	Unused fee
Level Initial Period	from the Closing Date to first Business Day after first Compliance Certificate	125 bps	15 bps
Level 1	≥ 4.25 to 1.00	200 bps	30 bps
Level 2	< 4.25 to 1.00, but ≥ 3.25 to 1.00	175 bps	25 bps
Level 3	< 3.25 to 1.00, but ≥ 2.50 to 1.00	150 bps	20 bps
Level 4	< 2.50 to 1.00, but > 1.75 to 1.00	125 bps	15 bps
Level 5	< 1.75 to 1.00	113 bps	15 bps

Lenders: Credit Agricole Corporate and Investment Bank, PNC Capital Markets LLC, HSBC Securities (USA) Inc., Bank of America, N.A., JPMorgan Chase Bank, N.A., BNP Paribas Securities Corp., Truist Securities, Inc.

CovenantTestedHeadroomLimit now

Tested quarterly4.8%ratio 3.81x, estimated, vs 4.00x limit in force at Jun 30, 20264.00x

Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Company (beginning with the fiscal quarter ending June 30, 2026) to be greater than 4.00 to 1.00; provided that at the time of or promptly following the consummation of an acquisition with aggregate consideration (excluding earnouts) greater than or equal to $200,000,000 by the Company or any of its Restricted Subsidiaries (a “Specified Acquisition”), the Company may, in its sole discretion and upon written notice to the Administrative Agent, increase (each such increase, a “Leverage Increase”) the maximum Consolidated Leverage Ratio level set forth above for the fiscal quarter in which such Specified Acquisition occurs and for the four succeeding fiscal quarters (or such shorter time as the Company may elect, in its sole discretion) to 4.50 to 1.00; provided further that (i) the Leverage Increase may not be exercised more than two times from and after the Closing Date and (ii) there shall be at least one fiscal quarter end which shall be subject to a maximum Consolidated Leverage Ratio of 4.00 to 1.00 between the exercise of Leverage Increases.

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