PSI extends $25M shareholder loan with Weichai to May 2025

POWER SOLUTIONS INTERNATIONAL, INC.

Extended $25M shareholder loan maturity to May 20, 2025; loan fully drawn.
Interest at SOFR + 4.05% per annum; floor of 4.05% if SOFR negative.
Subordinated to existing $50M revolver (Standard Chartered, $40M drawn as of May 20, 2024).
Other Weichai loans outstanding: $50M (Nov 2023) and $19.8M (Mar 2024) under separate agreements.
Total outstanding related-party debt to Weichai approx. $94.8M plus $40M revolver.

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