TYL: Material agreement · Termination of an agreement · New financial obligation

Item 1.01 Entry into a Material Definitive Agreement. On May 28, 2026, Tyler Technologies (“Tyler”), as borrower, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the various lenders party thereto and Wells Fargo Bank, National Association, as Administrative Agent. The Credit Agreement provides for an unsecured revolving credit facility in an aggregate principal amount of up to $1 billion, including subfacilities for standby letters of credit and swingline loans, each in a maximum amount to be mutually determined and on customary terms and conditions. The Credit Agreement matures on May 28, 2031, and loans may be prepaid at any time, without premium or penalty, subject to certain minimum amounts and payment of any SOFR breakage costs. The new Credit Agreement replaces Tyler’s existing $700 million unsecured credit facility, the credit agreement dated September 25, 2024, among Tyler and Wells Fargo Bank, N. A. as Administrative Agent and other lenders party thereto (the “2024 Credit Agreement”), which was scheduled to mature in September 2029. The credit facility will be available on a revolving basis until the maturity date. At the time of the closing, Tyler had no borrowings outstanding under either the new Credit Agreement or the 2024 Credit Agreement. The Credit Agreement includes an uncommitted accordion mechanism by which Tyler may request incremental loans, in the form of incremental term loans or an increase in the revolving credit facility, providing an ability for Tyler to increase the credit facility by an amount up to (a) the greater of (i) $525 million and (ii) 100% of Tyler’s EBITDA for the prior four quarter period plus (b) additional indebtedness up to the amount which would cause Tyler’s total net leverage ratio to equa