On December 1, 2022, EVERTEC, Inc. and EVERTEC Group, LLC entered into a credit agreement with a syndicate of lenders and Truist Bank, as administrative agent and collateral agent, providing for (i) a $415.0 million term loan A facility and (ii) a $200.0 million revolving credit facility. The 2022 Credit Facilities mature on December 1, 2027 (the “Maturity Date”). Proceeds from the Term Loan Facility and drawn from the Revolving Facility on the Closing Date were used to refinance the Borrower's existing credit facilities, which were terminated on the Closing Date, and for the payment of fees and expenses payable in connection with the Transactions.

Proceeds from the Revolving Credit Facility drawn from time to time after the Closing Date will be used for general corporate purposes. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Credit Agreement. Scheduled Amortization Payments: The Term Loan Facility amortizes in equal quarterly installments at a rate per annum equal to, initially, 5% of the principal amount and, for any installment payments to be made in the calendar year ending 2027, 7.5% of the principal amount, with the balance payable on the Maturity Date.

The Revolving Credit Facility terminates on the Maturity Date, and loans thereunder may be borrowed, repaid and reborrowed prior thereto. Voluntary Prepayments and Reduction and Termination of Commitments: EVERTEC Group may prepay loans under the Term Loan Facility and permanently reduce the loan commitments under the Revolving Facility at any time without premium or penalty, subject to compensation for any break funding costs incurred by a lender and timely submission of a notice of prepayment or commitment reduction, as applicable. EVERTEC Group is required to make certain mandatory prepayments of the 2022 Credit Facilities in certain circumstances.

Interest: The interest rates under the 2022 Credit Facilities are based on, at EVERTEC Group's option, with respect to the Term Loan Facility and borrowings under the Revolving Credit Facility that are denominated in Dollars, (a) the Adjusted Term SOFR for the Interest Period in effect for such borrowing plus an applicable margin of 1.50% per annum, which applicable margin is subject to four 25 bps step-ups (i.e. 1.75%, 2.00%, 2.25% and 2.50% per annum, respectively) based upon the Company's total net leverage ratio or (b) the ABR plus an applicable margin of 0.50% per annum, which applicable margin is subject to four 25 bps step-ups (i.e. 0.75%, 1.00%, 1.25% and 1.50% per annum, respectively) based upon the Company's total net leverage ratio. Borrowings under the Revolving Credit Facility that are denominated in a currency other than Dollars will bear interest at the Alternative Currency Rate for the Interest Period in effect for such borrowing plus an applicable margin of 1.50% per annum, which applicable margin is subject to four 25 bps step-ups (i.e. 1.75%, 2.00%, 2.25% and 2.50% per annum, respectively) based upon the Company's total net leverage ratio. Guarantees and Collateral: The 2022 Credit Facilities are secured by substantially all assets of EVERTEC and its existing and future material subsidiaries (including EVERTEC Group), subject to customary exceptions.

EVERTEC and each of EVERTEC's existing and future material wholly-owned subsidiaries, subject to certain customary exceptions, guarantee repayment of the 2022 Credit Facilities. In connection with the Credit Agreement, on December 1, 2022, EVERTEC, EVERTEC Group and the subsidiary guarantors party thereto, entered into a Guarantee Agreement, pursuant to which EVERTEC Group's obligations under the 2022 Credit Facilities and under any cash management, interest rate protection or other hedging arrangements entered into with a lender or any affiliate thereof are guaranteed by EVERTEC and each of EVERTEC's existing wholly-owned subsidiaries (other than EVERTEC Group) and subsequently acquired or organized subsidiaries, subject to certain exceptions.