On January 2, 2026, QuinStreet, Inc., a Delaware corporation (?QuinStreet?), entered into the senior secured credit agreement (the ?Financing Agreement?) by and among QuinStreet, Inc., as borrower (the ?Borrower?), MUFG Bank, LTD., as administrative agent for the lenders (in such capacity, together with its successors and assigns in such capacity, the ?Administrative Agent?) and certain other parties signatory thereto. The Financing Agreement provides for a new $150 million revolving credit facility (the ?Revolving Credit Facility?).   The proceeds of the loans drawn under the Revolving Credit Facility are being used to partially fund QuinStreet?s acquisition of all of the issued and outstanding equity securities of SIREN GROUP AG d/b/a HomeBuddy, a company limited by shares (Aktiengesellschaft) and organized under the laws of Switzerland (?HomeBuddy?) and may be used to fund the general working capital needs and general corporate purposes of QuinStreet.

The Revolving Credit Facility stated maturity date is January 2, 2031.   The Borrower?s obligations under the Financing Agreement are secured by first-priority liens on substantially all assets of the Borrower and certain subsidiaries, subject to certain excepts.   Interest on the borrowings under the Revolving Credit Facility is payable in arrears on the applicable interest payment date at an interest rate equal to, at QuinStreet?s option, either: (a) a SOFR-based rate (subject to a 0.00% per annum floor), plus an applicable margin of up to 2.75% per annum depending on the Consolidated Total Net Leverage Ratio (as defined in the Financing Agreement) or (b) a base rate (subject to a 0.00% per annum floor), plus an applicable margin up to 1.75% per annum depending on the Consolidated Total Net Leverage Ratio (as defined in the Financing Agreement).

The Financing Agreement requires the Borrower to pay the lenders with commitments under the Revolving Credit Facility an unused commitment fee of up to 0.40% per annum depending on the Consolidated Total Net Leverage Ratio (as defined in the Financing Agreement) on the unused portion of the Revolving Credit Facility.   The Financing Agreement contains restrictions and covenants applicable to QuinStreet and its subsidiaries. Among other requirements, QuinStreet may not permit (i) the Consolidated Total Net Leverage Ratio (as defined in the Financing Agreement) to be greater than a certain specified ratio for any date of determination during the term of the Financing Agreement or (ii) the Consolidated Interest Coverage Ratio (as defined in the Financing Agreement) to be less than a certain specified ratio for any date of determination during the term of the Financing Agreement.

  The Financing Agreement also contains customary covenants that limit, among other things, the ability of QuinStreet and its subsidiaries to (i) incur indebtedness, (ii) incur liens on their property, (iii) pay dividends or make certain other distributions, (iv) sell their assets, (v) make certain loans or investments, (vi) merge or consolidate), (vii) voluntarily repay or prepay certain indebtedness and (viii) enter into transactions with affiliates, in each case subject to certain exceptions. The Financing Agreement contains customary representations and warranties and events of default.