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Entry into a Material Definitive

On April 8, 2016, Koppers Inc. (KI), a subsidiary of Koppers Holdings Inc., a Pennsylvania corporation (the Company), entered into a Third Amendment to Credit Agreement and Consent (the Amendment) to the Companys Credit Agreement, dated as of August 15, 2014, as amended by a First Amendment thereto dated as of December 17, 2014, and by a Second Amendment thereto dated as of June 30, 2015 (collectively, the Credit Agreement), by and among KI, the Guarantors party thereto, the Lenders party thereto and PNC Bank National Association, as administrative agent.

Pursuant to the Amendment, the Credit Agreement was amended to, among other things: (i) reduce the maximum revolving credit principal commitment by $200.0 million from $500.0 million to $300.0 million; (ii) permit KI to comp lete certain reorganizations and other activities related to tax planning and tax reorganization; (iii) exclude from the calculation of fixed charges capital expenditures for the reorganization of KIs Carbon Materials and Chemicals business in amounts of up to $9.5 million for charges incurred prior to December 31, 2015 and up to $35.0 million for charges incurred on or after January 1, 2016; and (iv) amend...


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