Radiant Logistics, Inc., As previously reported in a Current Report on Form 8-K filed August 11, 2022, Radiant Logistics, Inc. (the ?Company,? ?we? or ?us?) and Radiant Global Logistics, Inc. (?RGLI?) entered into a USD$200.0 million syndicated, revolving credit facility (the ?Credit Facility?) pursuant to a Credit Agreement dated as of August 5, 2022 (the ?Original Credit Agreement?).

The Original Credit Facility was entered into with Bank of America, N.A. and BMO Capital Markets Corp. as joint book runners and joint lead arrangers, Bank of America, N.A. as Administrative Agent, Swingline Lender and Letter of Credit Issuer, Bank of Montreal as syndication agent, KeyBank National Association and MUFG Union Bank, N.A. as co-documentation agents and Bank of America, N. A., Bank of Montreal, Keybank National Association, MFUG Union Bank, N.A. and Washington Federal Bank, National Association as lenders (such named lenders are collectively referred to herein as ?Lenders?). On September 27, 2023, the Company and the Lenders entered into the First Amendment to Credit Agreement and Consent (the ?First Amendment?).

The First Amendment amends the Original Credit Agreement (the Original Credit Agreement as amended by the First Amendment shall be referred to as the ?Amended Credit Agreement?) for the principal purpose of permitting the Company to borrow up to $50,000,000 in Canadian Dollars. The First Amendment elevated Radiant Global Logistics (Canada) Inc. from a Guarantor to a Borrower under the Credit Facility. In addition, the First Amendment divided the $200,000,000 facility into two tranches: a) a $150,000,000 tranche which will be loaned exclusively in United States Dollars (?Tranche A?); and b) a $50,000,000 tranche that may be loaned in either United States Dollars or an Alternative Currency (?Tranche B?).

Alternative Currency means Canadian Dollars or any other currency approved by the Lenders in the future in accordance with the terms of Amended Credit Agreement. All of the Lenders are lenders under Tranche A and all of the Lenders other than Washington Federal Bank, National Association are lenders under Tranche B. The interest rates applicable to United Stated Dollars borrowings under Tranche A or Tranche B remain unchanged. Borrowings of Canadian Dollars under Tranche B accrue interest (at the Company?s option), at a) Term Canadian Overnight Repo Rate Average (?CORRA?) plus (i) 0.29547% for loans with an Interest Period of one-month or 0.32138% for loans with an Interest Period of three-months, plus (ii) 1.40% to 2.40% as adjusted depending on the Company?s Consolidated Net Leverage Ratio and b) Daily Simple CORRA plus (i) 0.29547%, plus (ii) 1.40% to 2.40% as adjusted depending on the Company?s Consolidated Net Leverage Ratio.