On April 29, 2022, Advanced Micro Devices, Inc. entered into a Credit Agreement with the lenders named therein, Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, as sustainability structuring agent and joint lead arranger and joint bookrunner, and the other parties from time to time party thereto (the Credit Agreement"). The Credit Agreement provides for a $3.0 billion unsecured revolving credit facility (the Revolving Facility") and replaces the Company's existing Credit Agreement dated as of June 7, 2019, among the Company, the lenders party thereto and Wells Fargo Bank, National Association., as administrative agent (the Existing Credit Agreement"). The proceeds of any borrowings under the Revolving Facility may be used for working capital and
general corporate purposes. The Revolving Facility is a five-year unsecured revolving facility, of which up to $200 million may be utilized
for the issuance of letters of credit. The issuance of letters of credit reduces the aggregate amount otherwise
available under the Revolving Facility for the making of revolving loans. Subject to the terms of the Credit
Agreement, the Company may borrow, repay and reborrow revolving loans at any time prior to the earlier of (a)
the fifth anniversary of the Closing Date, and (b) the date of termination in whole of the revolving lenders'
commitments under the Credit Agreement in accordance with the terms thereof. As of April 29, there are no
borrowings outstanding under the Revolving Facility. Borrowings under the Revolving Facility will bear interest at a fluctuating rate per annum equal to, at the Company's option, the alternate base rate or the adjusted Term SOFR (as defined in the Credit Agreement), in
each case, plus an applicable margin that is calculated based on the Company's credit ratings from time to time
and ranges from 0.00% to 0.25% in the case of loans accruing at the alternate base rate, and 0.625% to 1.250% in
the case of loans accruing at the adjusted Term. In addition, the Company has agreed to pay to the lenders
under the Credit Agreement certain customary fees, including a commitment fee on the average daily unused
portion of the Revolving Credit Commitments (as defined in the Credit Agreement) which ranges between 0.05% and
0.125% based on the Company's credit ratings from time to time. The Credit Agreement contains a sustainability-linked pricing component which provides for interest rate margin and commitment fee reductions or increases by meeting or missing targets related to environmental
sustainability, specifically greenhouse gas emissions.