Apogee enters $700M credit facility, replaces prior $410M agreements

APOGEE ENTERPRISES, INC.

New unsecured senior credit facility of $700M: $450M revolver and $250M term loan (undrawn at closing).
Prior $410M credit agreements terminated; $65M outstanding repaid.
Five-year maturity to July 2029 with floating interest based on leverage ratio.
Financial covenants: interest coverage ≥3.00x, leverage ≤3.50x (or 4.00x during Acquisition Holiday).
Accordion feature allows unlimited additional commitments subject to leverage tests.

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