
	(Millions)
	As of June 30, 2026							Line of Credit
	Outstanding		Available		Maximum		Credit Type	Expiration Date
Bank of America	$	15.0	$	45.0	$	60.0	Uncommitted	July 31, 2027
PNC Bank	9.0		91.0		100.0		Committed	January 31, 2029
CoBank	10.0		10.0		20.0		Committed	May 20, 2029
	$	34.0	$	146.0	$	180.0

In February 2026, the Company amended its line of credit with PNC Bank. Under the terms of the amendment, the expiration date was extended to January 31, 2029 and the maximum borrowing amount was increased to $100 million.

In May 2026, Tidewater amended its line of credit with CoBank. Under the terms of the amendment, the expiration date was extended to May 20, 2029.

In July 2026, the Company amended its line of credit with Bank of America. Under the terms of the amendment, the expiration date was extended to July 31, 2027.

The maturity dates for the Notes Payable as of June 30, 2026 are all three months or less and are extendable at the discretion of the Company.

The interest rates are set for borrowings under the Bank of America and PNC Bank lines of credit using the Secured Overnight Financing Rate (SOFR) plus a credit spread. The interest rate for borrowings under the CoBank line of credit are set weekly using CoBank’s internal cost of funds index that is similar to the SOFR plus a credit spread. There is no requirement for a compensating balance under any of the established lines of credit.

The weighted average interest rate on the outstanding borrowings at June 30, 2026 under these credit lines is 4.83%.

The weighted average daily amounts of borrowings outstanding under these credit lines and the weighted average interest rates on those amounts were as follows:


	(In Thousands)
	Three months ended June 30,						Six months ended June 30,
	2026			2025			2026			2025
Average Daily Amounts Outstanding	$	48,060		$	47,018		$	45,155		$	38,304
Weighted Average Interest Rates	4.74		%	5.43		%	4.77		%	5.43		%