ABL CREDIT AND GUARANTY AGREEMENT

Signed Jun 16, 2026

Committed: $2bn
Matures: n/a
Agent: JPMorgan Chase Bank, N.A.

Tranche	Size	Matures	Margin
Revolving credit facility	$2bn	n/a	150–200 bps

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

Level	Condition	Margin	Unused fee
Level I	≥ 66.6% of the Line Cap	150 bps	n/a
Level II	< 66.6% but ≥ 33.3% of the Line Cap.	175 bps	n/a
Level III	< 33.3% of the Line Cap	200 bps	n/a
Level I	≥ 50%	n/a	25 bps
Level II	<50%	n/a	30 bps

Lenders: JPMORGAN CHASE BANK, N.A., BNP PARIBAS SECURITIES CORP., CITIBANK, N.A., MIZUHO BANK, LTD., WELLS FARGO BANK, NATIONAL ASSOCIATION, BMO CAPITAL MARKETS CORP, GOLDMAN SACHS BANK USA, PNC BANK, NATIONAL ASSOCIATION, TD BANK, N.A.

CovenantTestedHeadroomLimit now

Tested springingHeadroom not yet measured1.00x

Springing: Applies during any period commencing on a date on which Availability is less than the greater of 10% of the Line Cap and $135,000,000 and continuing until Availability exceeds that threshold for 20 consecutive days.

During any period commencing on a date (each a “Commencement Date”) occurring on or after Effective Date on which Availability is less than the greater of (x) 10% of the Line Cap and (y) $135,000,000, and continuing until the date on which Availability shall have exceeded the threshold set forth above for twenty (20) consecutive days after the Commencement Date, permit the Consolidated Fixed Charge Coverage Ratio for the most recently ended four quarter period (including, for the avoidance of doubt, the most recently ended four quarter period on the applicable Commencement Date) to be less than 1.00 to 1.00.

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