CRC Material Event: Credit Facility Expansion

On Oct 29, 2025, California Resources Corporation (CRC) filed an 8-K detailing a material agreement regarding its credit structure.

• Key Financial Action: The Company executed the Seventh Amendment to its Amended and Restated Credit Agreement.
• Facility capacity increased by \(300 million, rising from \)1.15 billion to $1.45 billion.
• The amendment also involved adding new lenders to the facility.

This significant increase in elected commitment amount signals enhanced liquidity and financial backing for the Company.

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