Material Event (Form 8-K)

Item 8.01. Other Events.

On September 8, 2025, Tucows Inc. (Nasdaq: TCX) (the "Company") and its wholly owned subsidiaries, Tucows.com Co., Ting Inc., Tucows (Delaware) Inc., Wavelo, Inc. and Tucows (Emerald), LLC (each, a "Borrower" and, together, the "Borrowers," and collectively with the Company, "Tucows"), and certain other subsidiaries of the Company, as guarantors, entered into a one-year Extension Agreement (the "Extension Agreement") to that certain Credit Agreement, dated as of September 22, 2023 (the "Credit Agreement"), by and among Tucows, Bank of Montreal, as administrative agent ("BMO" or the "Agent"), and the lenders party thereto.

The Extension Agreement extends the term of the Credit Agreement through September 22, 2027. The material terms of the revolving credit facility remain unchanged, including an aggregate committed amount not to exceed $240,000,000 (the "Credit Facility"). The accordion feature also remains unchanged and permits Tucows, subject to customary conditions, to request an increase in the commitments under the Credit Facility of up to $60,000,000 if the Total Funded Debt to Adjusted EBITDA Ratio (as defined in the Credit Agreement) is less than 3.75:1.00.

In addition, the Extension Agreement amends certain definitions relating to the treatment of specified expenses in the calculation of Adjusted EBITDA for purposes of the Total Funded Debt to Adjusted EBITDA Ratio financial covenant. Except as described herein, the Credit Agreement remains in full force and effect in accordance with its terms.

The foregoing summary of the Extension Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Extension Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.