Pitney Bowes Inc. and certain other subsidiaries of the Company entered into an amendment to its Credit Agreement, dated as of February 7, 2025, among the Company, the other Loan Parties party thereto, the Lenders and Issuing Banks party thereto and Bank of America, N.A., as administrative agent. The Amendment provides an additional $135 million of incremental commitments under the Company?s revolving credit facility maturing in March 2028, resulting in total aggregate commitments under the Revolving Credit Facility as of the Closing Date of $400 million. The expanded Revolving Credit Facility, coupled with the Company?s strong cash flow, is expected to further broaden the Company?s flexibility to pursue value-enhancing capital allocation actions.