On September 28, 2022, Fastenal Company amended and restated its existing unsecured revolving Credit Agreement dated May 1, 2015, as previously amended with Wells Fargo Bank, National Association, as administrative agent for the lenders party thereto and the lenders party thereto. The Credit Agreement was amended and restated to, among other things: (i) increase the aggregate revolving credit commitment under the Credit Agreement to $835,000,000 (with an uncommitted accordion option to increase the aggregate revolving commitment by an additional $365,000,000 for a total commitment of $1,200,000,000), (ii) extend the revolving credit maturity date of the revolving credit facility established under the Credit Agreement to September 28, 2027, (iii) provide a benchmark replacement for LIBOR with SOFR, including both daily simple SOFR and term SOFR options, at the election of the Company, and (iv) make certain covenant changes, including deleting the restricted payment covenant, increasing the general investments basket and adding a new basket to the dispositions and lien covenants for true sales of certain accounts receivable.