Bowman Consulting extends revolving credit to $25M, extends to July 2024; officers adopt 10b5-1 plans

Bowman Consulting Group Ltd.

Seventh Amendment with Bank of America increases revolving line max to $25M and extends term to July 31, 2024.
Permitted Acquisitions thresholds raised: single deal up to $7.5M, annual up to $40M, with $10M liquidity floor.
Interest at daily SOFR plus 2.00%-2.60% based on Funded Debt/EBITDA ratio.
COO/director Michael Bruen entered 10b5-1 plan for up to 30,000 shares (Dec 2022-Nov 2023); existing plan for 10,000 shares remains.
CFO Bruce Labovitz entered 10b5-1 plan for up to 7,000 shares (Oct-Dec 2022).

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