Ubiquiti Inc.

Previous wording

As of December 31, 2025, our balance outstanding under the Amended Credit Agreement for our Term Loan Facility (as defined herein), was $47.5 million. There was no outstanding balance on the Revolving Facility (as defined herein) as of December 31, 2025. The Facilities mature in March 2026, before which time we intend to enter into a new borrowing facility. Our ability to obtain a new borrowing facility will depend on, among other things, conditions in the credit markets, prevailing interest rates, the willingness of lenders to provide new commitments, and the status of our business, results of operation and financial condition at the time of the refinancing. Even if we are able to enter into a new borrowing facility, the terms of such facility could be less favorable than the terms of the current Facilities, including but not limited to higher interest rates, increased fees, more restrictive financial and operating covenants, additional collateral requirements, and/or reduced borrowing capacity, any of which could increase our borrowing costs and limit our financial and operating flexibility. In the future we may need to raise additional capital to finance our payment of dividends or repurchase shares of our common stock and fund our growth and operational goals. If additional financing is not available when required or on acceptable terms, we may not be able to pay dividends, repurchase shares of common stock, expand our business, develop or enhance our products, take advantage of business opportunities or respond to competitive pressures, which could result in lower revenues and reduce the competitiveness of our products.

Current wording

As of March 31, 2026, there was no outstanding balance under our Term Loan Facility (as defined herein) or our Revolving Facility (as defined herein). The Facilities matured in March 2026. On May 7, the Company, as borrower, and certain domestic subsidiaries, as guarantors, entered into the 2026 Credit Agreement with PNC and the Lenders, and PNC, as administrative agent for the lenders, pursuant to which PNC provided the Company with the 2026 Revolving Facility. In the future we may need to raise additional capital to finance our payment of dividends or repurchase shares of our common stock and fund our growth and operational goals. If additional financing is not available when required or on acceptable terms, we may not be able to pay dividends, repurchase shares of common stock, expand our business, develop or enhance our products, take advantage of business opportunities or respond to competitive pressures, which could result in lower revenues and reduce the competitiveness of our products.

Previous wording

A substantial majority of our sales are into countries outside of the United States. Sales of our products into certain countries are restricted or prohibited under U.S. export control and economic sanctions laws. In addition, certain of our products incorporate encryption components that are subject to export control regulations.

Current wording

A majority of our sales are into countries outside of the United States. Sales of our products into certain countries are restricted or prohibited under U.S. export control and economic sanctions laws. In addition, certain of our products incorporate encryption components that are subject to export control regulations.