PSI extends $25M shareholder loan with Weichai to May 20, 2024

POWER SOLUTIONS INTERNATIONAL, INC.

Loan fully drawn, subordinated to $130M revolver ($125M outstanding at report date).
Interest at SOFR + 4.05% p.a.; if SOFR negative, rate is 4.05%.
Other Weichai loans: $50M due Nov 2023, $4.8M due Mar 2024, $130M facility with $0 drawn.
Extension supports near-term liquidity; PSI noted going concern risks in prior filings.

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