Jeff Van Sinderen

Matthew Raab

Steven Dyer

- **XPEL, Inc. amended its Credit Agreement** on **September 11, 2025**, with Wells Fargo Bank, N.A. and other lenders.  **[1767258_0001767258-25-000054_xpel-20250911.htm:1]** **[1767258_0001767258-25-000054_firstamendmentdatedasofsep.htm:0]** 
- The amendment **extends the maturity** of the Credit Agreement from **April 6, 2026 to September 11, 2028**.  **[1767258_0001767258-25-000054_xpel-20250911.htm:1]** 
- The Credit Agreement provides for secured revolving loans and letters of credit in an aggregate amount of up to **$125 million**.  **[1767258_0001767258-25-000054_xpel-20250911.htm:1]** 
- Key financial covenants include a Consolidated Total Leverage Ratio not to exceed **3.50 to 1.00** and a Consolidated Interest Coverage Ratio not to be less than **3.00 to 1.00** as of the last day of each fiscal quarter.  **[1767258_0001767258-25-000054_xpel-20250911.htm:1]**

XPEL (XPEL)