Pure Storage Inc

Item 5. Other Information.

5(a) Matters Requiring Disclosure on Current Report Form 8-K

The information set forth below is included for the purpose of providing disclosure under “Item 1.01 – Entry into a Material Definitive Agreement.”

On June 10, 2025, we entered into a Credit Agreement (the Credit Agreement), among the Company, the lenders party thereto, the swingline loan lender and issuing lender party thereto and PNC Bank, National Association, as administrative agent. The Credit Agreement replaces our existing Credit Agreement, dated as of August 24, 2020, which was repaid in full and terminated effective June 10, 2025.

The Credit Agreement provides for $500.0 million in aggregate amount of commitments for senior unsecured revolving loans, which will mature on June 10, 2030 unless otherwise extended. Proceeds from any borrowings under the Credit Agreement may be used for general corporate purposes. The Credit Agreement is unsecured and is not guaranteed by any subsidiary of the Company.

U.S. Dollar denominated loans under the Credit Agreement will bear interest, at the option of the Company, at either the term SOFR rate or the daily simple SOFR rate (each determined in accordance with the Credit Agreement), in each case, plus an applicable margin initially set at 0.875% per annum. Loans denominated in a currency other than U.S. Dollars bear interest at the rates specified in the Credit Agreement. The Credit Agreement has a commitment fee, which will initially accrue at a rate of 0.075% per annum, on the undrawn amount of the aggregate commitments of the lenders. The applicable margin over the term SOFR rate and the daily simple SOFR rate, as well as the commitment fee, will fluctuate as described in the Credit Agreement.

The Credit Agreement contains certain customary representations and warranties, affirmative and negative covenants and events of default. In addition, the Credit Agreement requires that the Company maintain a consolidated net leverage ratio as of the end of each fiscal quarter, as described in the Credit Agreement. “Events of default” under the Credit Agreement include payment defaults; material misrepresentations; breach of covenants; certain defaults with respect to indebtedness; certain judgement defaults ; the occurrence of a change of control; and certain events of bankruptcy or insolvency (all as defined in the Credit Agreement).

At closing, approximately $1.9 million of letters of credit have been issued under the Credit Agreement, transitioned from outstanding letters of credit under the Existing Credit Agreement, but no borrowings have been drawn.

The foregoing summary of the Credit Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Credit Agreement, which is attached hereto as Exhibit 10.12 and is incorporated herein by reference.

5(c) Securities Trading Plans of Directors and Executive Officers

During the first quarter of fiscal 2026, no director or officer, as defined in Rule 16a-1(f), adopted orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.