On June 2, 2025, Coupang, Inc, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto entered into a five-year revolving credit agreement. The Credit Agreement replaces the Company?s prior revolving credit and guaranty agreement entered into by the Company, JPMorgan Chase Bank, N.A., and other lenders on February 27, 2021, which was terminated in connection with the entry into the new facility. The Credit Agreement provides Coupang and certain of its subsidiaries with a syndicated, unsecured revolving credit facility with a total borrowing capacity of up to $1.5 billion.

The term of the Credit Agreement is five years, but it may be extended on up to two occasions for additional one-year terms if approved by the lenders.

Borrowings under the Credit Agreement will be used for working capital and other general corporate purposes of Coupang and its subsidiaries.

The interest rate applicable to outstanding borrowings under the Credit Agreement is, at the Company?s election and depending on the currency and type of loan, based on the applicable benchmark rate (including Term SOFR, EURIBOR, HIBOR, TIBOR, or SONIA) plus an applicable margin ranging from 0.75% to 1.25% (for term benchmark and RFR loans), depending on the Company?s debt ratings. The applicable margin for alternate base rate loans ranges from 0.00% to 0.25%. The commitment fee on the unused portion of the facility ranges from 0.065% to 0.175%, also based on the Company?s debt ratings.

The Credit Agreement contains customary representations and warranties, affirmative and negative covenants (including a maximum leverage ratio financial covenant), and events of default. Upon an event of default that is not cured within applicable grace periods or waived, any unpaid amounts under the Credit Agreement may be declared immediately due and payable and the commitments may be terminated.