On August 31, 2021, CAI International, Inc. (the ‘Company’) and Container Applications Limited (‘CAL’), a wholly-owned subsidiary of the Company, entered into an Amendment No. 8 (the ‘Amendment’) to amend that certain Third Amended and Restated Revolving Credit Agreement, by and among the Company, CAL, the guarantors named therein, Bank of America, N.A., as a lender and administrative agent, the other lending institutions party thereto, BofA Securities, Inc., Wells Fargo Bank, National Association and MUFG Union Bank, N.A., as syndication agents, BofA Securities, Inc., as lead arranger and book runner, and ABN AMRO Capital USA LLC, BBVA USA, Bank of Montreal, Royal Bank of Canada and PNC Bank, National Association, as documentation agents (as amended and as may be further amended, restated, amended and restated, supplemented and otherwise in effect from time to time, the ‘Credit Agreement’). Among other things, the Amendment amends the Credit Agreement to (i) permit the transactions contemplated by the Company’s previously announced entry into the Agreement and Plan of Merger (as it may be amended from time to time, the ‘Merger Agreement’) with Mitsubishi HC Capital Inc., a Japanese corporation (‘Parent’), and Cattleya Acquisition Corp., a Delaware corporation and wholly-owned subsidiary of Parent, relating to the proposed acquisition of the Company by Parent, such that (a) the transactions contemplated by the Merger Agreement will not constitute a Change of Control (as defined in the Credit Agreement) and (b) the Migration (as defined in the Merger Agreement) will be permitted under the Credit Agreement; and (ii) increase the total commitment level from $1.175 billion to $1.35 billion, with ability to increase the facility by an additional $150.0 million without lender approval, subject to certain conditions.