On December 30, 2021, Cerner Corporation entered into a Fourth Amended and Restated Credit Agreement (the "Credit Agreement") with a syndicate of lenders identified in the Credit Agreement. U.S. Bank National Association acts as Administrative Agent under the Credit Agreement. The Credit Agreement replaces and extends unsecured line of credit under that certain Third Amended and Restated Credit Agreement dated as of November 5, 2019, as amended (the "Existing Credit Agreement").

The Credit Agreement is a five-year revolving credit facility, with two 1-year extension options (subject to lender approval). The Credit Agreement includes: (a) a revolving credit loan facility of up to $1.25 billion at any time outstanding (an increase from $1.00 billion under the Existing Credit Agreement), and (b) a letter of credit facility of up to $200 million at any time outstanding (an increase from $100 million under the Existing Credit Agreement), which is a sub-facility of the revolving credit loan facility. The Credit Agreement also includes an accordion feature allowing an increase of the credit facility of up to an additional $500 million at any time outstanding (an increase from $200 million under the Existing Credit Agreement), subject to the satisfaction of specified conditions.

As of the date of the Credit Agreement, $600 million was outstanding under the Credit Agreement, in addition to letters of credit. Generally, amounts outstanding under the Credit Agreement bear interest at interest rates based on either the LIBOR rate (selected by the Company for designated interest periods) or the alternative Base Rate (the highest of (1) the Prime Rate, (2) the Federal Funds Rate plus 1.0%, and (3) the Adjusted Daily LIBOR Rate in effect and reset each LIBOR Business Day plus 2.00%), plus, in each case, a margin based on Net Leverage Ratio. Required to pay certain fees in connection with the Credit Agreement.