Rimini Street amends credit agreement, increases annual buyback cap to $20M but caps aggregate at $50M

Rimini Street, Inc.

Annual restricted payments (buybacks/dividends) capped at $20M from FY2026, up from prior $12.5M or 20% EBITDA.
Aggregate restricted payments on/after Jan 1, 2026 fixed at $50M, removing previous 100% EBITDA floating cap.
Amendment entered March 27, 2026 with lenders Capital One, TD Bank, and U.S. Bank; no new debt issued.
Borrower reaffirms all obligations; no default exists before or after amendment.

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