TNMP amends key covenants in First Mortgage Indenture via Twenty-Fifth Supplemental Indenture

TXNM ENERGY INC

Texas-New Mexico Power Company entered Twenty-Fifth Supplemental Indenture on Nov 6, 2025, with U.S. Bank Trust as trustee.
Amends requirement to provide financial reports under Section 12.04 of the First Mortgage Indenture.
Revises change-in-control definition in certain prior supplemental indentures (Tenth through Twenty-Third).
Adds covenant in Fifth Supplemental Indenture requiring annual and quarterly consolidated financial statements be made available to bondholders.
TNMP obtained requisite consents from applicable holders before entering the amendment.

item 1.01item 9.01

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