Enhabit, Inc. — fact timeline

Enhabit, Inc. entered into First Amendment to Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $105,000,000 incremental term loans and $40,000,000 revolving credit commitment increase (effective 2026-05-15).

“On May 15, 2026, Parent, Merger Sub, the Company and certain of its subsidiaries entered into a First Amendment to Amended and Restated Credit Agreement (the “ First Amendment ”) with the lenders party thereto and Wells Fargo Bank, National Association, as administrative agent for the lenders (in such capacity, the “ Administrative Agent ”) and as collateral agent for the lenders (in such capacity, the “ Collateral Agent ”), which amends that certain Amended and Restated Credit Agreement, dated as of February 26, 2026 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time and as amended by the First Amendment, the “ Credit Agreement ”), by and among the Company, the financial institutions party thereto as lenders, swingline lenders and issuing banks, the Administrative Agent and the Collateral Agent.”

Enhabit, Inc.: Amended and restated bylaws at effective time of merger.

“and amended and restated bylaws were amended and restated in their entirety.”

Enhabit, Inc.: Amended and restated certificate of incorporation at effective time of merger.

“At the Effective Time, the Company’s amended and restated certificate of incorporation”

Enhabit, Inc. underwent a change of control involving Anchor Parent, LLC for $13.80 per share in cash (closed 2026-05-15).

“(“ Common Stock ”), each share of Common Stock issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $13.80 in cash without interest (with respect to each such share of Common Stock, the “ Per Share Amount ,” and such consideration, the “ Merger Consideration ”). As of the Effective”

Julie Jolley was appointed as Director at Enhabit, Inc..

“At the Effective Time, in accordance with the terms of the Merger Agreement, the directors of Merger Sub immediately prior to the Effective Time, Ryan Solomon, Dylan Black and Julie Jolley became the directors of the Surviving Corporation.”

Dylan Black was appointed as Director at Enhabit, Inc..

“At the Effective Time, in accordance with the terms of the Merger Agreement, the directors of Merger Sub immediately prior to the Effective Time, Ryan Solomon, Dylan Black and Julie Jolley became the directors of the Surviving Corporation.”

Ryan Solomon was appointed as Director at Enhabit, Inc..

“At the Effective Time, in accordance with the terms of the Merger Agreement, the directors of Merger Sub immediately prior to the Effective Time, Ryan Solomon, Dylan Black and Julie Jolley became the directors of the Surviving Corporation.”

Barry Schochet resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Gregory S. Rush resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Stephan S. Rodgers resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Mark W. Ohlendorf resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Stuart M. McGuigan resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Erin P. Hoeflinger resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Charles M. Elson resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Tina L. Brown-Stevenson resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Jeffrey W. Bolton resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Barbara Jacobsmeyer resigned as Director at Enhabit, Inc..

“At the Effective Time, Barbara Jacobsmeyer, Jeffrey W. Bolton, Tina L. Brown-Stevenson, Charles M. Elson, Erin P. Hoeflinger, Stuart M. McGuigan, Mark W. Ohlendorf, Stephan S. Rodgers, Gregory S. Rush and Barry Schochet each resigned from the board of directors of the Company and from any and all committees thereof on which they served and ceased to be directors of the Company.”

Enhabit, Inc. shareholders approved Advisory vote on compensation related to the merger at the 2026-05-12 meeting.

“The Compensation Proposal was approved with the following vote: Votes For Votes Against Votes Abstained 33,086,210 3,030,210 224,682”

Enhabit, Inc. shareholders approved Adoption of the Agreement and Plan of Merger at the 2026-05-12 meeting.

“The Merger Proposal was approved with the following vote: Votes For Votes Against Votes Abstained 36,311,910 18,275 10,917”

Enhabit, Inc. reported the quarter and year ended December 31, 2025 results: revenue $270.4 million.

“us to further strengthen our balance sheet, positioning us well to accelerate growth and investment in 2026.” QUARTERLY PERFORMANCE - CONSOLIDATED • Net service revenue of $270.4 million • Net loss attributable to Enhabit, Inc. of $38.7 million • Adjusted EBITDA of $28.0 million • Diluted loss per share of $0.76 • Adjusted diluted earnings per share of $0.14”

Enhabit, Inc. incurred credit facility of a $315 million term loan A facility and a $160 million revolving credit facility with Wells Fargo Bank, National Association at SOFR plus an applicable interest rate margin ranging from 1.50% to 2.50% per ann maturing five years from the closing date.

“On February 26, 2026, Enhabit Inc. (the “Company”) entered into that certain Amended and Restated Credit Agreement (the “Credit Agreement”), with Wells Fargo Bank, National Association, as administrative agent, collateral agent and swingline lender, and each issuing bank and lender from time to time party thereto consisting of a $315 million term loan A facility (the “Term Loan A Facility”) and a $160 million revolving credit facility”

Enhabit, Inc. entered into Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, collateral agent and swingline lender, and each issuing bank and lender from time to time party thereto valued at a $315 million term loan A facility and a $160 million revolving credit facility (effective 2026-02-26).

“On February 26, 2026, Enhabit Inc. (the “Company”) entered into that certain Amended and Restated Credit Agreement (the “Credit Agreement”), with Wells Fargo Bank, National Association, as administrative agent, collateral agent and swingline lender, and each issuing bank and lender from time to time party thereto consisting of a $315 million term loan A facility (the “Term Loan A Facility”) and a $160 million revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan A Facility, the “Credit Facilities”).”

Ryan Solomon was appointed as Chief Financial Officer at Enhabit, Inc..

“On November 7, 2024, Enhabit, Inc. (the “ Company ” or “ Enhabit ”) announced the appointment of Ryan Solomon to serve as Chief Financial Officer (“ CFO ”), effective December 9, 2024.”

Collin McQuiddy was appointed as Senior Vice President and Chief Accounting Officer at Enhabit, Inc..

“Enhabit, Inc. (the “Company”) appointed Collin McQuiddy as Senior Vice President and Chief Accounting Officer, effective August 5, 2024.”

Crissy Carlisle departed as Chief Financial Officer at Enhabit, Inc..

“The Separation Agreement provides that Ms. Carlisle’s employment with the Company will end December 31, 2024 or such earlier date as she or the Company may determine (the “Effective Date”).”

Enhabit, Inc. reported the quarter ended March 31, 2024 results: revenue $262.4 million, net income $0.2 million, EPS $0.01. Guidance reaffirmed.

“in both the first quarter of 2024 and 2023. We are confident we are taking the right steps to drive future growth.” QUARTERLY PERFORMANCE - CONSOLIDATED • Net service revenue of $262.4 million • Net income attributable to Enhabit, Inc. of $0.2 million • Adjusted EBITDA of $25.3 million • Earnings per share of $0.01 • Adjusted earnings per share of $0.07 RECENT COMPANY”

Enhabit, Inc. reported the third quarter ended September 30, 2023 results: revenue Net service revenue of $258.3 million, net income Net loss attributable to Enhabit, Inc. of $2.4 million, EPS Loss per share of $0.05. Guidance lowered.

“of quality results within the industry and are willing to pay for access to high-quality providers like Enhabit.” QUARTERLY PERFORMANCE - CONSOLIDATED • Net service revenue of $258.3 million • Net loss attributable to Enhabit, Inc. of $2.4 million • Adjusted EBITDA of $23.2 million • Loss per share of $0.05 • Adjusted earnings per share of $0.03 RECENT COMPANY”

Enhabit, Inc. amended revolving credit of from $350 million to $220 million with Wells Fargo Bank, National Association at increase of 0.25% in the applicable interest rate margins.

“Ratio (as defined in the Credit Agreement) covenant until the end of the Covenant Adjustment Period; (iv) a permanent reduction in the revolving credit facility commitment from $350 million to $220 million; (v) an increase in the Applicable Commitment Fee (as defined in the Credit Agreement) during the Covenant Adjustment Period; (vi) suspension of the ability of”

Enhabit, Inc. amended Second Amendment with Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto (effective 2023-11-03).

“On November 3, 2023, Enhabit Inc. (the “Company”) entered into a Second Amendment (the “Second Amendment”) to the Credit Agreement, dated as of June 1, 2022, among the Company, Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto, as previously amended by the First Amendment to Credit Agreement (the “First Amendment”) dated as of June 27, 2023 (such credit agreement, as amended to date, the “Credit Agreement”).”

Enhabit, Inc. entered into Limited Waiver with Wells Fargo Bank, National Association, as administrative agent valued at $350,000,000 to $230,000,000 (effective 2023-09-29).

“On September 29, 2023, Enhabit, Inc. (the “Company” or “Enhabit”), entered into a Limited Waiver (the “Waiver”) with Wells Fargo Bank, National Association, as administrative agent to the other lenders (the “Administrative Agent”) under its Credit Agreement”

Enhabit, Inc. shareholders approved Advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers at the 2023-06-28 meeting.

“In light of the results of this advisory vote and upon the recommendation of the Board of Directors, the Company will hold, to the extent required, an advisory vote on the compensation of the Company’s named executive officers annually until the next required vote on the frequency of such advisory votes.”

Enhabit, Inc. shareholders approved Advisory vote on the compensation of the Company's named executive officers at the 2023-06-28 meeting.

“This advisory vote on the compensation of the Company’s named executive officers was approved with the following vote:”

Enhabit, Inc. shareholders approved Ratification of independent registered public accounting firm PricewaterhouseCoopers LLP for fiscal year ending December 31, 2023 at the 2023-06-28 meeting.

“The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023 was ratified with the following vote:”

Enhabit, Inc. shareholders approved Election of Board of Directors for a one-year term expiring at the 2024 Annual Meeting at the 2023-06-28 meeting.

“The following persons were elected as directors of the Company for a one-year term expiring at the 2024 Annual Meeting of Stockholders with the following vote:”

Enhabit, Inc. amended Amendment with Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto (effective 2023-06-27).

“On June 27, 2023, Enhabit, Inc. (the “Company”) entered into an Amendment (the “Amendment”) to the Credit Agreement, dated as of June 1, 2022, among the Company, Wells Fargo Bank, National Association, as administrative agent, collateral agent, and swingline lender, and other lenders party thereto (such credit agreement, the “Credit Agreement”).”

Enhabit, Inc. updated its the first quarter ended March 31, 2023 guidance (reaffirmed).

“On May 9, 2023, Enhabit, Inc. (the “Company”) issued a press release reporting the financial results of the Company for the quarter ended March 31, 2023.”

Enhabit, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $263.2 million, EPS Loss per diluted share of $(1.91). Guidance initiated.

“a local level. While we face numerous headwinds in 2023, we remain confident in the long-term prospects for Enhabit.” SUMMARY PERFORMANCE - CONSOLIDATED • Net service revenue of $263.2 million, declined 4.7% from Q4’21 • Net loss of $(94.7) million, declined 417.8% from Q4’21 • Adjusted EBITDA of $30.3 million, down 38.2% from Q4’21 • Loss per diluted share of $(1.91)”

Enhabit, Inc. entered into Cooperation Agreement with Cruiser Capital Master Fund LP, Cruiser Capital Advisors, LLC, Harbour Point Capital Management LP (effective 2023-03-30).

“On March 30, 2023, Enhabit, Inc. (the “ Company ”) entered into a Cooperation Agreement (the “ Cooperation Agreement ”) with Cruiser Capital Master Fund LP and Cruiser Capital Advisors, LLC (collectively with their affiliates, “ Cruiser ”), and Harbour Point Capital Management LP (collectively with its affiliates, “ Harbour Point ,” and collectively with Cruiser, the “ Investor Group ,” and each of Cruiser and Harbour Point, individually, an “ Investor ”).”

Barry Schochet was appointed as Director at Enhabit, Inc..

“On March 30, 2023, the Board appointed the New Directors as members of the Board.”

Stuart McGuigan was appointed as Director at Enhabit, Inc..

“On March 30, 2023, the Board appointed the New Directors as members of the Board.”

Enhabit, Inc. reported the quarter and year ended December 31, 2022 results: revenue $275.1 million, net income $8.2 million, EPS $0.15. Guidance initiated.

“a local level. While we face numerous headwinds in 2023, we remain confident in the long-term prospects for Enhabit.” SUMMARY PERFORMANCE - CONSOLIDATED • Net service revenue of $275.1 million, declined 0.4% from Q4’21 • Net income of $8.2 million, declined 72.5% from Q4’21 • Adjusted EBITDA of $40.3 million, down 17.8% from Q4’21 • Earnings per diluted share of $0.15”

Enhabit, Inc. updated its full-year 2022 guidance (lowered).

“The Company updated its full-year 2022 guidance as follows: Full-year 2022 Revised Guidance Prior Guidance Net Service Revenue between $1,070 and $1,080 million between $1,075 and $1,110 million Adjusted EBITDA between $150 and $155 million between $155 and $170 million Adjusted EPS between $1.37 and $1.50 between $1.47 and $1.75”

Enhabit, Inc. reported third quarter ended September 30, 2022 results: revenue $265.7 million, net income $8.6 million, EPS $0.17.

“Net service revenue of $265.7 million, declined 3.0% from Q3’21 • Net income of $8.6 million, declined 60.2% from Q3’21 • Adjusted EBITDA of $31.7 million, down 26.3% from Q3’21 • Earnings per diluted share of $0.17 • Adjusted earnings per diluted share of $0.19”

Chad K. Knight departed as General Counsel at Enhabit, Inc..

“announced that Chad K. Knight, General Counsel, will be stepping down from his position effective November 4, 2022”

Leo I. Higdon, Jr. was appointed as Chairman of the Board at Enhabit, Inc..

“Leo I. Higdon, Jr. was appointed Chairman of the Board.”

Susan A. La Monica was appointed as Director at Enhabit, Inc..

“Each of Tina L. Brown-Stevenson and Susan A. La Monica was appointed as a director of the Board of the Company as of the Effective Time.”

Tina L. Brown-Stevenson was appointed as Director at Enhabit, Inc..

“Each of Tina L. Brown-Stevenson and Susan A. La Monica was appointed as a director of the Board of the Company as of the Effective Time.”

Gregory S. Rush was elected as Director at Enhabit, Inc..

“Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.”

Erin P. Hoeflinger was elected as Director at Enhabit, Inc..

“Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.”

Jeffrey W. Bolton was elected as Director at Enhabit, Inc..

“Each of Jeffrey W. Bolton, Erin P. Hoeflinger, and Gregory S. Rush was elected as a director of the Board of the Company as of immediately prior to the Effective Time.”