On September 21, 2021, CCC Intelligent Solutions Inc., the Company’s operating subsidiary, entered into a credit agreement (as amended, the “2021 Credit Agreement”). Refer to Note 15, “Long-Term Debt,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 for a full description of the 2021 Credit Agreement (including detailed terms and amendments). The Company’s long-term debt comprises a senior secured term loan (the “Term Loan”) and a revolving credit facility (the “2021 Revolving Credit Facility”) under the 2021 Credit Agreement.

Term Loan and Revolving Credit Facility – At June 30, 2026, the Term Loan had an outstanding principal balance of $1,284.5 million (with $13.0 million classified as current), compared to $1,291.0 million at December 31, 2025. The Term Loan matures on January 23, 2032 and requires quarterly principal payments of $3.3 million through December 31, 2031, with the remaining balance due at maturity. No amounts were drawn on the $250.0 million 2021 Revolving Credit Facility as of June 30, 2026. The 2021 Revolving Credit Facility matures on September 23, 2029 (subject to a springing maturity on June 22, 2028 if more than $234.0 million of Term Loan remains outstanding at that date).

As of June 30, 2026, the Company had $1.0 million of outstanding standby letters of credit, which reduced the available borrowing capacity under the 2021 Revolving Credit Facility to $249.0 million. As of June 30, 2026, and December 31, 2025, $249.0 million and $248.9 million were available to be borrowed, respectively, under the 2021 Revolving Credit Facility.

Interest Rates – Borrowings under the 2021 Credit Agreement bear interest at variable rates (Term Secured Overnight Financing Rate ("SOFR") or base rate) plus an applicable margin. Under the 2021 Credit Agreement’s current terms, the Term Loan interest margin is 2.00% for SOFR-based loans (1.00% for base rate loans), with a potential 0.25% margin reduction if the Company’s first lien debt credit ratings reach specified thresholds (BB-/Ba3 or better). A quarterly commitment fee of up to 0.50% applies to unused commitments under the 2021 Revolving Credit Facility.

During the three months ended June 30, 2026 and 2025, the weighted-average interest rate on the outstanding borrowings under the Term Loan was 5.7% and 6.4%, respectively.

During the six months ended June 30, 2026 and 2025, the weighted-average interest rate on the outstanding borrowings under the Term Loan was 5.8% and 6.3%, respectively.

Collateral and Covenants – The Term Loan and Revolving Credit Facility are senior secured obligations, guaranteed by the Cypress Intermediate Holdings II, LLC, and certain of the Company's other U.S. subsidiaries, and secured by first-priority liens on the equity of CCC Intelligent Solutions Inc. and substantially all of its assets (subject to customary exceptions). The 2021 Credit Agreement contains customary affirmative and negative covenants (including limitations on additional debt, liens, mergers, dividends, and investments) and a financial covenant requiring that if Revolver borrowings exceed 35% of the aggregate commitments of the Company, the leverage ratio of CCC Intelligent Solutions Inc. and certain of its subsidiaries cannot exceed 6.25 to 1.00. Revolver borrowings did not exceed this threshold as of June 30, 2026, and the Company was in compliance with all financial covenants.

Interest Rate Swaps – The Company utilizes interest rate swap agreements to hedge a portion of its floating-rate debt. These swaps (not designated as hedges for accounting purposes) effectively fix the interest rate on a $750.0 million notional amount of the Term Loan at approximately 3.94% through July 31, 2027. As of June 30, 2026, the Company's interest rate swap agreements were in both asset and liability positions, with a total fair value of $0.4 million recorded within other assets and $0.3 million recorded within other liabilities in the accompanying condensed consolidated balance sheet as of June 30, 2026 (Level 2 measurement - Refer to Note 5). Changes in swap fair value are recorded in earnings, and the Company paid swap settlements of $0.6 million and $1.0 million during the three and six months ended June 30, 2026, respectively (recorded in other income (expense)—net).