WORLD ACCEPTANCE CORP 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk Our operations expose us to a variety of market risks, including the effects of changes in interest rates. We monitor and manage these financial exposures as an integral part of our overall risk management program. Interest Rate Risk The Company’s outstanding debt under its revolving credit facility was $443.9 million at March 31, 2026. Interest on borrowings under this facility is based on the greater of 4.5% or one month SOFR plus 0.10% and an applicable margin of 3.5%. Based on the outstanding balance under the Company's revolving credit facility at March 31, 2026, a change of 1.0% in the interest rate would cause a change in interest expense of approximately $4.4 million on an annual basis. The Company’s outstanding debt under its Warehouse Facility was $143.3 million at March 31, 2026. Interest on borrowings under this facility is based on one-month SOFR plus 0.11448% and an applicable margin of 3.0%. Based on the outstanding balance under the Company's Warehouse Facility at March 31, 2026, a change of 1.0% in the interest rate would cause a change in interest expense of approximately $1.4 million on an annual basis. 43 Table of Contents Part II