Offerpad subsidiary upsizes revolving credit facility from $100M to $150M

Offerpad Solutions Inc.

First Amendment to Second Amended Revolving Loan dated Aug 26, 2026 raises borrowing capacity from $100M to $150M.
Facility can be further increased to $200M at lender's sole discretion, subject to underwriting and no default.
Borrower is OP SPE SUMMIT, LLC (Offerpad subsidiary); lenders are WHGG II TRUST and ASCENT DEVELOPER SOLUTIONS LLC.
Revolving loan terms: advances, repayments, re-advances permitted; aggregate outstanding with Other Loans capped at $150M.
Borrower represents no Default or Event of Default exists as of amendment date; customary covenants and events of default remain.

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