PEDEVCO increases credit facility borrowing base to $125M from $120M, effective May 19, 2026

PEDEVCO CORP

Borrowing base and elected commitment raised to $125M under Third Amendment to Credit Agreement.
Next scheduled redetermination of borrowing base set for on or about July 1, 2026.
Amendment with Citibank as administrative agent; lender commitments reallocated among five banks.
No other material changes to Credit Agreement terms or financial covenants.

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