Fair Isaac Corporation entered into an amendment (the First Amendment) to its Third Amended and Restated Credit Agreement dated as of May 13, 2025, among the Company, the several banks and other financial institutions from time to time parties thereto, Wells Fargo Securities, LLC and BofA Securities Inc., as Global Coordinators, Joint Lead Arrangers and Joint Bookrunners, and Wells Fargo Bank, National Association (Wells Fargo), as administrative agent (the Existing Credit Agreement and as amended by the First Amendment, the Credit Agreement). The First Amendment provides for an unsecured incremental term loan under the Credit Agreement that will mature on May 15, 2028 in the aggregate principal amount of $1,500,000,000 (the Incremental Term Loan) and makes certain other changes to the Existing Credit Agreement. The Company borrowed the full amount of the Incremental Term Loan on June 5, 2026, and will use these proceeds pursuant to the accelerated share repurchase program described in Item 8.01 below.

The Credit Agreement also provides for the existing $1,000,000,000 unsecured revolving credit facility (the Revolving Facility), with an option for the Company to request additional incremental term loans and/or incremental increases to the Revolving Facility from time to time, in each case subject to the terms and conditions of the Credit Agreement. Principal on the Incremental Term Loan is to be repaid in consecutive quarterly installments equal to (a) $75,000,000 from September 30, 2026 through and including June 30, 2027 and (b) $112,500,000 thereafter. The Company may prepay, without premium or penalty, in whole or in part, the Incremental Term Loan.

The Incremental Term Loan is subject to customary representations and warranties and financial and other covenants and conditions, including certain customary events of default, consistent with the Existing Credit Agreement. Interest on the loans under the Credit Agreement is based on (i) an adjusted base rate, which is the greatest of (a) the prime rate, (b) the federal funds rate plus 0.5% and (c) Daily Simple SOFR plus 1%, plus, in each case, an applicable margin, (ii) Daily Simple SOFR plus an applicable margin (or, if such rate is no longer available, a successor benchmark rate to be determined in accordance with the terms of the Credit Agreement), or (iii) term SOFR plus an applicable margin (or, if such rate is no longer available, a successor benchmark rate to be determined in accordance with the terms of the Credit Agreement). The applicable margin for base rate borrowings and for SOFR borrowings for the loans under the Credit Agreement is determined based on the Company's consolidated leverage ratio.

The applicable margin for the Incremental Term Loan for base rate borrowings ranges from 0.500% to 1.250% per annum and for SOFR borrowings ranges from 1.500% to 2.250% per annum. The applicable margin for loans under the Revolving Facility for base rate borrowings ranges from 0.000% to 1.000% per annum and for SOFR borrowings ranges from 1.000% to 2.000% per annum. Wells Fargo and the other lenders party to the Credit Agreement may have performed and may continue to perform commercial banking and financial services for the Company and its subsidiaries for which they have received and will continue to receive customary fees.