We are party to several revolving credit facilities with third-party financial institutions. Our revolving credit facilities as of


	Nominal/ Authorized amounts	Amount Outstanding as of December 31, 2025	Amount Outstanding as of December 31, 2024
Nature	(in thousands)			Interest rate	Maturity date

Bank Syndicate RCF - September 2022	€407,000	€407,000	€407,000	Floating rate: EURIBOR / SOFR + margin depending on leverage ratio	September 2027
Other short-term lines of credit	€21,500	€21,500	€21,500	EURIBOR

The Bank Syndicate Revolving Line of Credit is an unsecured sustainability-linked facility, subject to financial and

nonfinancial covenants linked to our sustainability goals. As of year-end December 31, 2025, and 2024, we were in

As of December 31, 2025, and 2024, no amounts have been drawn or are outstanding under the Revolving Credit Facility.

We are also party to short-term credit lines in the form of overdraft facilities with HSBC plc, BNP Paribas and LCL with an

authorization to draw up to a maximum of €21.5 million ($25.3 million) in the aggregate under the short-term credit lines

and overdraft facilities. As of December 31, 2025, and 2024 we had not drawn on any of these facilities. Any loans or

overdrafts under these short-term facilities bear interest based on the one month EURIBOR rate or three month EURIBOR

rate. As these facilities are exclusively overdraft facilities, there is no maturity and our banks have the ability to terminate

The Company also holds derivative financial instruments in order to manage and reduce exposure to the risk of exchange


	Carrying value	2026	2027	2028	2029	2030
	(in thousands)
Financial derivatives	$11,360	$11,360	$—	$—	$—	$—
Total Financial liabilities	$11,360	$11,360	$—	$—	$—	$—