Item 1.01 Entry into a Material Definitive Agreement.

On July 22, 2022, Easterly Government Properties, Inc. (the "Company"), its operating partnership, Easterly Government Properties LP (the "Operating Partnership"), and certain subsidiaries of the Operating Partnership entered into the First Amendment to Second Amended and Restated Credit Agreement (the "Amendment") with Citibank, N.A., as administrative agent, Wells Fargo Bank, N.A. and PNC Bank, National Association, as co-syndication agents, BMO Harris Bank, N.A., Raymond James Bank, Royal Bank of Canada and Truist Bank as co-documentation agents, and Citibank, N.A., Wells Fargo Securities, LLC and PNC Capital Markets LLC, as joint lead arrangers and joint book running managers and the other banks, financial institutions and other institutional lenders party thereto as initial lenders and initial issuing banks, which amended certain terms of the Second Amended and Restated Credit Agreement, dated as of July 23, 2021 (as amended, the "Credit Agreement").

Pursuant to the Amendment, the funding deadline for the $50.0 million delayed draw portion of the $200.0 million senior unsecured term loan facility available under the Credit Agreement was extended to July 24, 2023 (from July 22, 2022).

Certain of the banks and financial institutions that are parties to the Amendment and their respective affiliates have in the past provided, are currently providing, and in the future may continue to provide investment banking, commercial banking and other financial services to the Company and its affiliates in the ordinary course of business for which they have received and will receive customary compensation.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 hereto, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:



Exhibit Number Description
10.1             First Amendment to Second Amended and Restated Credit Agreement,
               dated as of July 22, 2022, by and among the Company, the Operating
               Partnership, the Guarantors named therein, the Initial Lenders and
               Initial Issuing Banks named therein, and Citibank, N.A., as
               Administrative Agent, Wells Fargo Bank, N.A. and PNC Bank, National,
               as Co-Syndication Agents, BMO Harris Bank, N.A., Raymond James Bank,
               Royal Bank of Canada and Truist Bank, as Co-Documentation Agents, and
               Citibank, N.A., Wells Fargo Securities, LLC and PNC Capital Markets
               LLC, as Joint Lead Arrangers and Joint Book Running Managers
104            Cover Page Interactive Data File (formatted as inline XBRL with
               applicable taxonomy extension information contained in Exhibits 101.)

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