Cincinnati Financial amends credit agreement to replace LIBOR with SOFR

CINCINNATI FINANCIAL CORP

Fifth Amendment to $300M revolving credit facility executed March 23, 2023.
Replaces LIBOR references with comprehensive SOFR provisions and Benchmark Replacement language.
Updates definitions for Corporate Member, Managed Syndicate, and Managing Agent.
Adds new category of Permitted Liens and amends Schedules 1.1(A), Exhibits 2.10 and 2.4.1.
No change to total commitment amount or borrowing terms; routine LIBOR transition.

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