CREDIT AGREEMENT

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

Signed Jun 12, 2026

Tranche	Size	Matures	Margin
Revolving credit facility	$500m	Jun 2031	100–225 bps
Term Loan A	$500m	Jun 2031	100–225 bps

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

Level	Condition	Margin	Unused fee
Level 1	< 1.25:1.0	100 bps	10 bps
Level 2	> 1.25:1.0 but < 1.75:1.0	125 bps	15 bps
Level 3	> 1.75:1.0 but < 2.25:1.0	150 bps	20 bps
Level 4	> 2.25:1.0 but < 2.75:1.0	175 bps	20 bps
Level 5	> 2.75:1.0 but < 3.25:1.0	200 bps	25 bps
Level 6	> 3.25:1.0	225 bps	30 bps

Priced over Other (Term Loan A).

Level	Condition	Margin	Unused fee
Level all	all times (undrawn term commitments)	n/a	20 bps

§2.09(a)(ii)

Lenders: BMO CAPITAL MARKETS CORP., BOFA SECURITIES, INC., CIBC BANK USA, PNC CAPITAL MARKETS LLC, WELLS FARGO BANK, NATIONAL ASSOCIATION

CovenantTestedHeadroomLimit now

Tested quarterly116.0%ratio -0.56x, estimated, vs 3.50x limit in force at Jul 31, 20263.50x

From for the four Computation Periods ending after the Closing Date · 4.00x
From for the four Computation Periods ending after the first anniversary of the Closing Date · 3.75x

Not permit the Consolidated Net Leverage Ratio as of the last day of any Computation Period to exceed 3.50 to 1.0;

Tested quarterly959.7%ratio 31.79x, estimated, vs 3.00x limit in force at Jul 31, 20263.00x

Not permit the Consolidated Interest Coverage Ratio as of the last day of any Computation Period to be less than 3.00 to 1.0.

Amendments

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