Valvoline Inc. entered into Amendment No. 1 to its Second Amended and Restated Credit Agreement on June 30, 2026. This amendment refinances all outstanding Term B Loans with a new class of Refinanced Term B Loans. The aggregate principal amount of these loans remains $738,150,000. The Refinanced Term B Loans bear interest at adjusted term SOFR plus 1.75% or the base rate plus 0.75%. Quarterly amortization of 0.25% will commence on September 30, 2026, with the remaining balance due on the maturity date. The maturity date for the Term B Facility remains seven years after December 1, 2025. A 1.00% premium applies for certain repricing transactions within six months of the amendment effective date.