On August 12, 2025, the Company entered into a receivables purchase agreement (the “RPA”) with Wells Fargo Bank, N.A. to sell certain accounts receivable at a discount in exchange for cash (the “Program”). The discount is based upon SOFR plus 1.00%. The RPA has an outstanding purchase limit of $50.0 million and can be terminated by either party with 30 days’ notice. The Company has no retained ownership interest in the transferred receivables; however, under the RPA, the Company does have collection and administrative responsibilities in its role as servicer of the receivables. The Program is used by the Company to manage liquidity and provide working capital flexibility in a cost-effective manner.

Receivables transferred under the Program result in the amounts being derecognized from the Company’s condensed consolidated balance sheet and the proceeds received by the Company are included in cash flows from operating activities on the condensed consolidated statement of cash flows. The discount incurred is recorded as part of other operating expense (income), net on the condensed consolidated statement of net earnings.

During the three months ended September 26, 2026, the Company sold $16.1 million of receivables under the Program and received proceeds of $16.0 million, which is net of a $0.1 million discount. During the six months ended September 26, 2026, the Company sold $28.3 million of receivables under the Program and received proceeds of $28.2 million, which is net of a $0.1 million discount. All amounts collected as of September 26, 2026 by the Company in its role as servicer were remitted to Wells Fargo Bank, N.A. The outstanding balance of receivables derecognized from the Company's condensed consolidated balance sheet at September 26, 2026, but which the Company continues to service, related to the Program was $7.0 million. The amount available under the Program was $43.0 million as of September 26, 2026.