Graco Inc. entered into an Amendment No. 1 to Amended and Restated Credit Agreement that amends its Amended and Restated Credit Agreement, dated as of March 25, 2021, entered into with U.S. Bank National Association, as administrative agent and a lender, and the other lenders that are parties thereto . The Amendment amended the Credit Agreement by replacing the London interbank offered rate (LIBOR) applicable to borrowings under the Credit Agreement with a rate based on the secured overnight financing rate (SOFR).