Vroom Extends Warehouse Credit Facility to June 2027

Vroom, Inc.'s subsidiaries, United Auto Credit Corporation (UACC) and UACC Auto Financing Trust IV, amended their Warehouse Credit Facility. The amendment extends the Commitment Termination Date to June 2, 2027, from July 2, 2026. It also modifies financial covenants by increasing the maximum permitted leverage ratio, simplifying the minimum tangible net worth threshold, and updating the advance rate mechanism. Additionally, Vroom Finance Holdings LLC, UACC's parent company, entered into a Performance Guaranty.