Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.

On October 25, 2024 (the "Effective Date"), Postal Realty Trust, Inc. (the "Company"), Postal Realty LP (the "Borrower"), certain subsidiaries of the Company, Truist Bank, as administrative agent, and certain lenders party to the Credit Agreement (as defined below) entered into that certain Resignation and Appointment of Administrative Agent, L/C Issuer and Swingline Lender and Third Amendment to Credit Agreement (the "Third Amendment"), which amends that certain Credit Agreement dated as of August 9, 2021, (as amended by the First Amendment to Credit Agreement dated as of May 11, 2022, and further amended by the Second Amendment to the Credit Agreement, dated as of July 24, 2023) entered into by and among the Company, the Borrower, certain subsidiaries of the Company, the Bank of Montreal and the lenders party thereto (as previously amended and as amended by the Third Amendment, the "Credit Agreement"). Capitalized terms used below and not defined herein have the meanings ascribed to them in the Credit Agreement.

The Third Amendment, among other things, replaces the Bank of Montreal with Truist Bank as the administrative agent, letter of credit issuer and swingline lender. Additionally, the Third Amendment increases the delayed draw term loan commitments in an aggregate principal amount of up to $50.0 million. On the Effective Date, the Borrower borrowed $40.0 million of these new delayed draw term loan commitments.

The foregoing summary of the Third Amendment and the Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the Third Amendment, a copy of which is attached as Exhibit 10.1 and is incorporated herein by reference.