On April 3, 2024, Carlisle Companies Incorporated and Carlisle, LLC entered into a Fifth Amended and Restated Credit Agreement with a syndicate of banks arranged JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, BofA Securities Inc. and Truist Securities Inc., as joint lead arrangers and joint bookrunners, Wells Fargo Bank, N. A., Bank of America, N.A., Truist Bank and The Toronto-Dominion Bank, New York Branch, as co-syndication agents, Mizuho Bank Ltd., as documentation agent, JPMorgan Chase Bank, N.A., as administrative agent, PNC Bank National Association and The Bank of Nova Scotia. The Credit Agreement provides for a $1.0 billion unsecured revolving line of credit with a maturity date of April 3, 2029 and amends and restates the Fourth Amended and Restated Credit Agreement, which was scheduled to expire on February 5, 2025. The Revolving Credit Facility will bear interest, at the Company's election, (i) at the Base Rate plus a margin ranging from 0.00% to 0.50% or (ii) at the applicable benchmark rate plus a margin ranging from 0.825% to 1.500%, in each case, based on the Company?s debt rating from time to time.

The benchmark rate for loans denominated in (i) U.S. dollars is the Adjusted Term SOFR Rate, (ii) Canadian dollars is the Adjusted Term CORRA Rate, (iii) Sterling is Daily Simple SONIA, (iv) euros is the Adjusted EURIBOR Rate and (v) yen is Adjusted TIBOR Rate. The commitments will also be subject to a facility fee on the daily aggregate amount of the revolving commitment (whether used or unused) ranging from 0.05% to 0.25% based on the Company?s debt rating from time to time. Funding of the loans under the Revolving Credit Agreement is subject to customary drawdown conditions.

The facility includes various restrictive covenants and limitations including, but not limited to, a maximum leverage ratio covenant, minimum interest coverage ratio covenant and limits on outstanding debt balances held by the Company's consolidated subsidiaries. The Revolving Credit Agreement also contains customary events of default, including non-compliance with one or more of the covenants.