On March 23, 2022, SIFCO Industries, Inc. and certain of its subsidiaries (collectively, the “borrowers”) entered into the Sixth Amendment (the “Sixth Amendment”) to the Credit Agreement and the Second Amendment (the "Second Amendment") to the Export Credit Agreement (the "Export Credit Agreement"), in each case, with JPMorgan Chase Bank, N.A., a national banking association (the “Lender”). The Sixth Amendment amends the Credit Agreement to, among other things, (i) revise the fixed charge coverage ratio to exclude the first $1.5 million of unfunded capital expenditures through April 20, 2023, (ii) increase the letter of credit sublimit from $2.0 million to $3.0 million, (iii) modify the reference rate from the London interbank offered rate ("LIBOR") to the secured overnight financing rate ("SOFR") under the Credit Agreement, and (iv) revise the property, plant and equipment component of the borrowing base under the Credit Agreement.