Andrew Baxter Cox

J. Bruce Chan

- Universal Logistics Holdings, Inc. (ULH) entered into a **Third Amendment Agreement** on **October 1, 2025**, modifying its Credit and Security Agreement.  **[1308208_0001193125-25-230209_ulh-ex10_1.htm:0]** **[1308208_0001193125-25-230209_ulh-20251001.htm:1]** 
- This amendment **increases the maximum revolving amount by $100.0 million, raising the total to $500.0 million** through a partial exercise of the accordion feature.  **[1308208_0001193125-25-230209_ulh-ex10_1.htm:0]** **[1308208_0001193125-25-230209_ulh-20251001.htm:1]** 
- The agreement also permits a subsidiary of Universal to borrow up to **$200.0 million** under a potential credit tenant lease financing transaction, with the net proceeds intended for repaying existing indebtedness and prepaying revolving loans.  **[1308208_0001193125-25-230209_ulh-20251001.htm:1]** 
- The amendment includes customary affirmative and negative covenants, as well as financial covenants requiring minimum fixed charge coverage and leverage ratios.  **[1308208_0001193125-25-230209_ulh-20251001.htm:1]**

UNIVERSAL LOGISTICS HOLDINGS (ULH)