Flexsteel reduces revolving credit facility to $55M via third amendment to Wells Fargo agreement

FLEXSTEEL INDUSTRIES INC

Third Amendment to Credit Agreement with Wells Fargo sets Maximum Revolver Amount at $55 million.
No outstanding borrowings under the revolving line of credit as of June 3, 2025.
Covenant and increased reporting triggers now threshold at greater of 10% of $55M or $5.5M availability.
Company initiated the reduction to better align with current and projected borrowing needs.

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