On December 30, 2021, Viavi Solutions Inc. and certain of its subsidiaries entered into a credit agreement with Wells Fargo Bank, National Association (Wells Fargo) as agent, and other lender related parties thereto. The Credit Agreement provides for a senior secured asset-based revolving credit facility in a maximum aggregate amount of $300 million, which matures on December 30, 2026. The Credit Agreement also provides that, under certain circumstances, the Company may increase the aggregate amount of revolving commitments thereunder by an aggregate amount of up to $100 million so long as certain conditions are met. The proceeds from the credit facility established under the Credit Agreement will be used for working capital and other general corporate purposes. The obligations under the Credit Agreement are secured by substantially all of the assets of the company and those of its subsidiaries that are borrowers and guarantors under the Credit Agreement.