TD Synnex entered into a $1.75B term loan agreement

Item 1.01 Entry into a Material Definitive Agreement.

On November 2, 2026, TD SYNNEX Corporation ("TD SYNNEX") entered into a Term Loan Credit Agreement (the "New Term Loan Credit Agreement") with the initial lenders party thereto, Bank of America, N.A. ("Bank of America"), as administrative agent for the lenders, and BofA Securities, Inc., as lead arranger and lead bookrunner.¹ The New Term Loan Credit Agreement provides for the extension of a senior unsecured term loan in an aggregate principal amount of $1,750 million² (the "New Term Loan").

A portion of the proceeds of the New Term Loan were used to refinance and repay in full TD SYNNEX's existing $750 million term loan previously disclosed that would have matured on September 1, 2027.³ The remainder of the proceeds of the New Term Loan will be used for general corporate purposes of TD SYNNEX and its subsidiaries, including acquisitions.⁴ The New Term Loan will mature on November 2, 2029, is not subject to scheduled amortization prior to maturity and, once repaid or prepaid, may not be reborrowed.⁵

Loans borrowed under the New Term Loan Credit Agreement bear interest, in the case of SOFR rate loans, at a per annum rate equal to the applicable SOFR rate, plus the Applicable Margin (as defined in the New Term Loan Credit Agreement), which may range from 1.00% to 1.625%, based on TD SYNNEX's Public Debt Rating⁶ (as defined in the New Term Loan Credit Agreement).

The New Term Loan Credit Agreement contains various loan covenants that restrict the ability of TD SYNNEX and its subsidiaries to take certain actions, including, incurrence of indebtedness (solely with respect to any subsidiary of TD SYNNEX), creation of liens, mergers or consolidations, entering into certain transactions with affiliates⁸ or changing the nature of their business, in each case, that are customary for similar facilities for similarly rated borrowers. In addition, the New Term Loan Credit Agreement contains financial covenants which require TD SYNNEX to maintain at the end of any of its fiscal quarters, (i) a ratio of (x) Funded Debt (as defined in the New Term Loan Credit Agreement) of TD SYNNEX and its subsidiaries on a consolidated basis to (y) EBITDA (as defined in the New Term Loan Credit Agreement) of TD SYNNEX and its subsidiaries on a consolidated basis of 4.00 to 1.00, with the option at TD SYNNEX's election upon any Qualified Acquisition (as defined in the New Term Loan Credit Agreement) to increase the maximum ratio to 4.50 to 1.00⁹ for the fiscal quarter in which such Qualified Acquisition is consummated and the four consecutive fiscal quarters immediately following such fiscal quarter, subject to TD SYNNEX having maintained a maximum ratio of 4.00 to 1.00 for at least two consecutive fiscal quarters immediately preceding such Qualified Acquisition, and (ii) a ratio of (x) EBITDA of TD SYNNEX and its subsidiaries on a consolidated basis to (y) Interest Charges (as defined in the New Term Loan Credit Agreement) of TD SYNNEX and its subsidiaries on a consolidated basis of not less than 3.00 to 1.00⁹. The New Term Loan Credit Agreement also contains various customary events of default, including with respect to a change of control of TD SYNNEX.

The foregoing description of the New Term Loan Credit Agreement is qualified in its entirety by reference to the full text of the New Term Loan Credit Agreement which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K and is 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 under Item 1.01 of this Current Report on Form 8-K with respect to the New Term Loan Credit Agreement and the New Term Loan is incorporated by reference into this Item 2.03.⁷

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description of Document

10.1 +¹⁰

Credit Agreement, dated as of November 2, 2026, by and among TD SYNNEX Corporation, the lenders party thereto and Bank of America, N.A., as administrative agent.¹⁰

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

+Schedules (or similar attachments) and certain information have been omitted pursuant to Items 601(a)(5), 601(a)(6) and/or 601(b)(10)(iv) of Regulation S-K. TD SYNNEX hereby undertakes to furnish supplementally a copy of any omitted schedule or exhibit to such agreement to the U.S. Securities and Exchange Commission upon request; provided, however, that TD SYNNEX may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedules or exhibits so furnished.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 5, 2026

TD SYNNEX CORPORATION

By: /s/ David Jordan

David Jordan

Chief Financial Officer