Material Agreement (Form 8-K)

On May 12, 2026, Mohawk Industries, Inc. (the "Company") entered into a New Credit Agreement (as defined hereafter), and, substantially contemporaneously therewith, the Company terminated all outstanding commitments and repaid all outstanding obligations under that certain Second Amended and Restated Credit Agreement, dated as of October 18, 2019 (as amended, restated, supplemented or otherwise modified prior to the date hereof), among the Company and certain of its subsidiaries, as borrowers, Wells Fargo Bank, National Association, as administrative agent, swing line lender, and an L/C issuer, and the other lenders party thereto (the "Existing Credit Facility"). The Company refinanced the Existing Credit Facility by entering into a new credit agreement (the "New Credit Agreement") by and among the Company and certain of its domestic and foreign subsidiaries, as borrowers (the "Borrowers"), certain lenders party thereto from time to time (the "Lenders"), JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as U.S. administrative agent and non-U.S. administrative agent (together, the "Administrative Agent"). The New Credit Agreement provides for unsecured revolving credit commitments in an initial aggregate amount of up to $1,500,000,000 that includes: (i) revolving credit loans up to the maximum amount available under the New Credit Facility (as defined hereafter), (ii) the issuance of letters of credit up to a $125,000,000 sublimit, and (iii) swingline loans in an initial aggregate amount up to $150,000,000, with an accordion feature pursuant to which the Borrowers may request to increase the revolving commitments by an additional aggregate amount of up to $600,000,000, subject to the satisfaction of certain conditions (collectively, the "New Credit Facility"). The proceeds of any borrowings under the New Credit Facility will be used to (a) refinance the Existing Credit Facility, (b) pay fees, commissions and expenses in connection with the transaction related to the New Credit Facility and (c) finance ongoing working capital requirements and other general corporate purposes.

The New Credit Facility is scheduled to mature on May 12, 2031 and the Company has the option to extend the maturity of the New Credit Facility up to two times for periods not exceeding five years from the then-scheduled maturity date. The Company can terminate and prepay the New Credit Facility at any time without payment of any termination or prepayment penalty (other than customary breakage costs).

The New Credit Facility is available in United States Dollars and in alternative currencies including Australian Dollars, Canadian Dollars, Euro and Sterling (each, an "Alternative Currency"). At the Company's election, United States Dollars denominated revolving loans under the New Credit Facility bear interest at annual rates equal to (a) a forward-looking term rate based on the secured overnight financing rate for the applicable 1, 3, or 6-month interest period ("Term SOFR"), as selected by the Company, plus an applicable margin ranging from 0.750% per annum to 1.250% per annum, or (b) the highest of (i) the prime rate in effect on such date, (ii) the Federal funds effective rate in effect on such day plus 0.50%, and (iii) Term SOFR for a one month tenor in effect on such day plus 1.00% ("Base Rate") plus an applicable margin ranging from 0.000% per annum to 0.250% per annum. Borrowings in Australian Dollars, Canadian Dollars and Euro bear interest at the Eurocurrency Rate (as defined in the New Credit Agreement), plus an applicable margin ranging from 0.750% per annum to 1.250% per annum. Borrowings in Sterling bear interest based on Daily Simple RFR (as defined in the New Credit Agreement), plus an applicable margin ranging from 0.750% per annum to 1.250% per annum. The Company will also pay a commitment fee to the lenders at a rate ranging from 0.055% per annum to 0.150% per annum. The applicable margins and the commitment fee are determined based on whichever of the Company's Consolidated Net Leverage Ratio (as defined in the New Credit Agreement) or its senior unsecured debt rating (or if not available, corporate family rating) results in the lower applicable margins and commitment fee (with applicable margins and the commitment fee increasing as that ratio increases or those ratings decline, as applicable).

The obligations of the Company and its subsidiaries in respect of the New Credit Facility are unsecured.