Pan American is in the process of applying for Yamana to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate Yamana's public reporting requirements. Pan American's revolving credit facility and establishment of term credit facility Pan American has further amended and restated its existing US$500 million sustainability-linked credit agreement (the " Existing Credit Facility "), which has been increased to US$750 million. In addition, a delayed-draw term loan facility in the amount of US$500 million has been established, which will be permanently cancelled and reduced to zero if it is not drawn within 60 days of today's date.