Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

Amendment No. 1 to Credit Agreement

On November 5, 2025 (the "Amendment Date"), HNI Corporation (the "Company") entered into an amendment (the "Amendment") to its Credit Agreement (the "Existing Credit Agreement" and, as amended by the Amendment, the "Amended Credit Agreement") with Wells Fargo Bank, National Association, as administrative agent (the "Administrative Agent") and the lenders party thereto. The Amendment was approved by all of the lenders party to the Existing Credit Agreement.

The Amendment amends the Existing Credit Agreement to, among other things, include a threshold of $105,000,000 with respect to the customary springing maturity dates applicable to the revolving facility, term loan A facility and term loan B facility.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full and complete text of the Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above is incorporated by reference into this Item 2.03.