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.

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