Iridium amends credit agreement to consent to Rocket Lab acquisition, adjusts loan terms

Iridium Communications Inc.

Consent and Amendment No. 4, dated Sept 15, 2026, approves Rocket Lab merger; transaction won't trigger Change of Control under credit facility.
Post-closing, term loan margin rises to SOFR+2.50%-3.00% or base rate+1.5%-2.0%, based on credit ratings.
Adds 1.00% prepayment premium for repricing deals and 1.00% exit fee after first anniversary post-closing.
Rocket Lab USA, Inc. to provide downstream parent guarantee of credit obligations at closing.
Consenting lenders receive 0.50% consent fee on outstanding term loans; consent effective date is Sept 15, 2026.

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