Subsidiary PLP Poland secures PLN 100.3M ($27.4M) loan for new manufacturing plant

PREFORMED LINE PRODUCTS CO

Loan of PLN 100.3M (~$27.4M) from Bank Pekao S.A. to finance construction of a new factory in Wieprz, Poland.
Interest at WIBOR 1M + 1.0% (or 1.5% if parent leverage ratio >3.0x); maturity January 31, 2035.
Loan guaranteed by Preformed Line Products Company; secured by mortgages and pledges on existing and new plant assets.
Annual installments ranging from PLN 5.3M (2026) to PLN 18.8M balloon (2035); grace period until July 30, 2026.
Financial covenants tied to parent's PNC Bank agreement: tangible net worth ≥$251.7M, debt/EBITDA ≤3.0x, interest coverage ≥3.5x.

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