APPIAN CORP: Entering into a Material Definitive Agreement, Creating a Direct Financial Obligation or Obligation under a Registrant’s Off-Balance Sheet Arrangement (Form 8-K)



Article 1.01. The conclusion of an important definitive agreement.

At December 30, 2021, Appian Company (“Appian”) and Silicon Valley Bank
(“SVB”) has entered into a First Loan Modification Agreement (the “Modification”) of the Amended and Restated Third Loan and Guarantee Agreement between Appian, as Borrower, and SVB dated November 1, 2017 (the “Loan Agreement”).

The Amendment provides for the extension of the due date of amounts due under the Loan Agreement until November 1, 2025. In addition, the Amendment replaces LIBOR as the benchmark rate for advances under the Loan Agreement with the Guaranteed Term Finance Rate (“SOFR”). The other terms and conditions of the Loan Agreement generally continue in the form existing before the Amendment. From January 3, 2022, no amount is unpaid under the Loan Agreement.

The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which will be filed as an attachment to the Company’s annual report on Form 10-K for the year ending.
December 31, 2021, and the full text of the loan agreement previously filed as Exhibit 10.1 of the company’s current report on Form 8-K filed with the
Security and Trade Commission to November 2, 2017, each of which is incorporated herein by reference.

Article 2.03. Creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a registrant.

The information set out in Section 1.01 of this current report on Form 8-K is incorporated herein by reference.

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