BCPC: Material agreement · New financial obligation

Item 1.01. Entry into a Material Definitive Agreement. On July 24, 2026, Balchem Corporation, a Maryland corporation (“ Balchem ”), together with its foreign subsidiary Balchem B.V. (the “ Foreign Borrower ”), and certain domestic subsidiaries acting as guarantors (the “ Domestic Guarantors ”), entered into Amendment No. 1 (the “ Credit Agreement Amendment ”) to that certain Amended and Restated Credit Agreement, dated as of July 27, 2022 (the “ Credit Agreement ”) with JPMorgan Chase Bank, N.A. and JPMorgan SE, as administrative agents (together, the “ Agents ”), and the lenders or other financial institutions or entities party thereto. The Credit Agreement Amendment, among other things, (i) increased the aggregate revolving commitment amount from $550 million to $650 million; (ii) extended the maturity date of the credit facility from July 27, 2027 to July 24, 2031; (iii) enabled the Foreign Borrower to borrow funds; (iv) eliminated the 10 basis point adjustment to the applicable SOFR rate; and (v) reduced the applicable margin for loans at Tier 3 and 4 leverage levels by 12.5 basis points in each tier, with corresponding reductions to the base rates. The applicable rate, as amended by the Credit Agreement Amendment, for any fiscal quarter will be the applicable rate per annum set forth in the table below opposite the Consolidated Net Leverage Ratio (such term as defined in the Credit Agreement Amendment) determined as of the last day of the immediately preceding fiscal quarter: Pricing Grid Pricing Tier Consolidated Net Leverage Ratio Applicable Rate for Term Benchmark Loans / RFR Loans / Letter of Credit Fee Applicable Rate for Base Rate Loans 1 < 1.00:1.00 1.00% 0% 2 ≥ 1.00:1.00 but < 2.00:1.00 1.125% 0.125% 3 ≥ 2.00:1.00 but < 3.00:1.00 1.250% 0.250% 4 ≥ 3.00:1.00