Smart Sand expands senior secured asset-based credit facility to $50 million, extends term to 2031

• Smart Sand amended its senior secured asset-based credit facility with First-Citizens Bank, lifting revolving commitments by USD 20 million to USD 50 million.
• The amendment extended the facility’s maturity to Sept. 1, 2031.
• Increase supported by borrowing-base changes, including a USD 20 million sublimit tied to the Oakdale, Wisconsin facility.
• Oakdale borrowing triggers a minimum excess liquidity test; Smart Sand also agreed to a negative pledge on the Oakdale real property.
• Fixed charge coverage ratio calculation now deducts USD 20 million of unfinanced capital expenditures; certain covenant thresholds were adjusted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Sand Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001529628-26-000104), on September 03, 2026, and is solely responsible for the information contained therein.