Q1 2026 Supplemental Information Progress Financial Results March 30, 2026 Forward Looking Statements This presentation contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Progress has identified some of these forward-looking statements with words like "believe," "may," "could," "would," "might," "should," "expect," "intend," "plan," "target," "anticipate" an ...

Core Insights - Progress Software has announced a new credit facility of $1.5 billion, increasing its revolving credit from $900 million and extending the maturity date to July 31, 2030 [1][2] - The company currently has $660 million in revolving credit loans outstanding, indicating a strong liquidity position to support growth initiatives [1][2] Company Overview - Progress Software provides AI-powered digital experience and infrastructure software, enabling organizations to develop and manage mission-critical applications and IT infrastructure [3] - The company aims to leverage its increased liquidity for additional accretive acquisitions as part of its Total Growth Strategy [2] Financial Arrangement Details - The Fifth Amended and Restated Credit Agreement replaces the existing secured credit facility, enhancing the company's financial flexibility [1][2] - JPMorgan Chase Bank, N.A. acted as the Administrative Agent, with several other banks participating in the syndication and documentation of the credit facility [2]