Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On April 5, 2022, General Motors Company ("GM") entered into a Fourth Amended and Restated 364-Day Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, Citibank, N.A., as syndication agent, Bank of America, N.A., as co-syndication agent, and the lenders named therein (the "Facility"). The Facility is unsecured and consists of a 364-day, $2.0 billion facility and matures on April 4, 2023.

The Facility is available to GM as well as certain of its wholly owned subsidiaries. However, GM has allocated the Facility for exclusive use by General Motors Financial Company, Inc. The Facility allows for borrowing in U.S. Dollars only.

GM has guaranteed the obligations of subsidiary borrowers under the Facility. Consistent with the terms of GM's current revolving credit facilities, if GM fails to maintain an investment grade corporate rating from two or more of the following credit rating agencies: Fitch Ratings, Moody's Investor Service and Standard & Poor's, GM will be required to cause certain of its domestic subsidiaries to guarantee its obligations under the terms of the Facility.

Interest rates on obligations under the Facility are based on prevailing annual interest rates for loans bearing interest at the Term SOFR Rate or an alternative base rate, both subject to an applicable margin. This applicable margin will be based upon the credit rating assigned to the Facility or to senior, unsecured long-term indebtedness of GM.

The Facility contains representations, warranties and covenants that are typical for this type of facility. These covenants include restrictions on mergers or sales of assets and secured debt borrowings, subject to exceptions and limitations. The Facility also requires that GM maintain at least $4.0 billion in global liquidity and at least $2.0 billion in U.S. liquidity.

Certain of the lenders under the Facility and/or their affiliates have various relationships with GM and its subsidiaries involving the provision of financial services, including cash management, investment banking, trust and leasing services, and foreign exchange and other derivative arrangements.

The foregoing description does not constitute a complete summary of the Facility and is qualified in its entirety by reference to the text of the Facility filed herewith.

Item 9.01 Financial Statements and Exhibits.



Exhibit    Description

10.1†        Fourth Amended and Restated 364-Day Revolving Credit Agreement among
           General Motors Company, General Motors Financial Company, Inc., the
           subsidiary borrowers from time to time parties thereto, the several
           lenders from time to time parties thereto, JPMorgan Chase Bank, N.A.,
           as administrative agent, Citibank, N.A., as syndication agent, and Bank
           of America, N.A., as co-syndication agent

104        Cover Page Interactive Data File (embedded within the Inline XBRL
           document)

† Portions of this exhibit have been omitted pursuant to Rule 601(b)(10) of

Regulation S-K. The omitted information is not material and would likely cause

competitive harm to the registrant if publicly disclosed.

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