Information Services extends credit facility to 2029

Mr. Jonathan Hackshaw reports ISC EXTENDS CREDIT FACILITY Information Services Corp. has extended the company's secured syndicated credit facility by entering into a third amendment to the amended and restated credit agreement with its syndicate of lenders. The previous credit facility was due to become current debt on the company's balance sheet in September, 2025. As part of the amendment, the term of the credit facility has been extended to July, 2029. The aggregate amount available under the credit facility remains at $250-million. Information Services will maintain access to a $150-million accordion option (up from $100-million under the previous agreement), providing the flexibility to upsize the aggregate revolving credit facility to $400-million. In addition, the credit facility has been simplified by consolidating the two existing revolving credit facility tranches of $150-million and $100-million into a single facility of $250-million with improved pricing. A change in the covenants will also provide additional balance sheet flexibility to Information Services. As at June 30, 2025 $155.0-million was drawn under the credit facility and Information Services is committed to deleveraging its balance sheet to a target of 2.0 times to 2.5 times. The credit facility is available on a revolving basis to finance permitted acquisitions and capital expenditures and for general corporate purposes. Royal Bank of Canada acted as administrative agent with RBC Capital Markets and Canadian Imperial Bank of Commerce serving as joint lead arrangers and joint bookrunners for the credit facility. About Information Services Corp. Headquartered in Canada, Information Services is a leading provider of registry and information management services for public data and records. Throughout the company's history, Information Services delivered value to its clients by providing solutions to manage, secure and administer information through its registry operations, services and technology solutions segments. Information Services is focused on sustaining its core business while pursuing new growth opportunities. The Class A shares of Information Services trade on the Toronto Stock Exchange under the symbol ISC. We seek Safe Harbor.