AVAV: Material agreement · New financial obligation

Item 1.01. Entry into a Material Definitive Agreement. On October 30, 2026, AeroVironment, Inc. (the “ Company ”), as borrower, and certain subsidiaries of the Company as guarantors thereto (the “ Guarantors ”), Bank of America, N.A., as administrative agent (the “ Administrative Agent ”), lender, letter of credit issuer, swingline lender, and each other lender from time to time party thereto, including JPMorgan Chase Bank, N.A., U.S. Bank National Association, Citizens Bank, N.A., Citibank, N.A., Royal Bank of Canada (collectively the “ Existing Lenders ”) and BMO Bank N.A., as a new lender (the “ New Lender ”), entered into a Sixth Amendment to Credit Agreement (the “ Sixth Amendment ”). The Sixth Amendment relates to the Company’s existing Credit Agreement, dated as of February 19, 2021 (as amended and supplemented to date, the “ Existing Credit Agreement ”), by and among the Company, the Guarantors party thereto, the lenders from time to time party thereto, the Administrative Agent and the letter of credit issuers party thereto. The Existing Credit Agreement, as amended and restated by the Sixth Amendment, is referred to as the “ Amended Credit Agreement .” Capitalized terms used but not defined in this Current Report on Form 8-K have the meanings given to them in the Amended Credit Agreement. On October 9, 2026, the Company entered into a Fifth Amendment to Credit Agreement (the “ Fifth Amendment ”) with the Existing Lenders. The Fifth Amendment increased the letter of credit sublimit from $25 million to $150 million, added JPMorgan Chase Bank, N.A. as a letter of credit issuer and updated the related letter of credit commitments, but did not increase the aggregate revolving commitments. The Sixth Amendment increased the aggregate revolving commitments by $100 mill