Ameresco, Inc. entered into an amendment (the Amendment") to its term loans and revolving credit facility with the lenders party thereto, BOFA Securities, Inc., Fifth Third Securities, Inc. and KeyBanc Capital Markets, Inc., as joint lead arrangers and bookrunners, Webster Bank N.A. as Co-Documentation Agent, and Bank of America, N.A., as Administrative Agent (" Credit Facility"). Among other things, the Amendment extends the maturity date of the remaining $65 million principal amount of the original $220 million delayed draw term loan A, such that $10 million is due on each of January 31, 2024, February 29, 2024, and March 31, 2024, and the remaining principal amount is due on April 15, 2024. The Company currently expects the project to be substantially complete in the next month.

Actual results may differ materially from those indicated by such forward looking statements as a result of various important factors, including the timing of, and ability to, enter into contracts for awarded projects on the terms proposed or at all; the timing of work they do on projects where it recognize revenue on a percentage of completion basis, including the ability to perform under signed contracts without delay and in accordance with their terms; demand for the energy efficiency and renewable energy solutions; ability to complete and operate the projects on a profitable basis and as committed to the customers; ability to arrange financing to fund the operations and projects and to comply with covenants in the existing debt agreements; changes in federal, state and local government policies and programs related to energy efficiency and renewable energy and the fiscal health of the government; the ability of customers to cancel or defer contracts included in backlog; the output and performance of the energy plants and energy projects; the effects of the acquisitions and joint ventures; seasonality in construction and in demand for the products and services; a customer's decision to delay the work on, or other risks involved with, a particular project; availability and cost of labor and equipment particularly given global supply chain challenges and global trade conflicts; reliance on third parties for the construction and installation work; the addition of new customers or the loss of existing customers; the impact of macroeconomic challenges, weather related events and climate change on the business; global supply chain challenges, component shortages and inflationary pressures; market price of the Company's stock prevailing from time to time; the nature of other investment opportunities presented to the Company from time to time; the Company's cash flows from operations; cybersecurity incidents and breaches; regulatory and other risks inherent to constructing and operating energy assets; risks related to international operation and international growth strategy; and other factors discussed in most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. The Borrower shall repay to the Term Lenders the aggregate principal amount of all Term A Loans outstanding in quarterly principal installments on the last Business Day of each quarter commencing March 31, 2024, in the amount of $1,250,000, and shall pay (I) $10,000,000 of the aggregate principal amount of all Delayed draw Term A Loans on or before January 31, 2024, (II) an additional $10,000,000 the aggregate principal amount of the Delayed draw Term A loans on or before March 31, 2024, and (IV) the balance of the outstanding principal amount of all Delayed Draw Term A Loans on April 15, 20241 (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05), unless accelerated sooner pursuant to Section 8.02; provided, however, that (i) the final principal repayment installment of the Term A Loans shall be repaid on the Maturity Date for the Term A Facility and in any event shall be in an amount equal to the aggregate principal amount of all term A Loans outstanding on such date, (ii) if any principal repayment installment to be made by the Borrower (other than principal repayment installments on Term SOFR Loans) shall come due on a day other than a day other than a Business Day, such principal amount of a Business Day, such principal repayment installment shall be due on the next succeeding Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be made by the case may be and (iii) if any principal payment installment to be made by the case may been made by the Borrower on a Term SOFR Loan.