MillerKnoll Enters Material Definitive Agreement

Ticker: MLKN · Form: 8-K · Filed: Sep 12, 2025 · CIK: 66382

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

MillerKnoll just signed a big deal, expect financial moves.

AI Summary

On September 10, 2025, MillerKnoll, Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, formerly known as Herman Miller Inc., is incorporated in Michigan and its fiscal year ends on May 30th. This filing is a current report under the Securities Exchange Act of 1934.

Why It Matters

This filing indicates a significant new financial commitment or obligation for MillerKnoll, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement and creating a direct financial obligation can introduce new financial risks and obligations for the company.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by MillerKnoll, Inc. on September 10, 2025?

The filing states that MillerKnoll, Inc. entered into a material definitive agreement, which also resulted in the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in this summary.

What is the primary business of MillerKnoll, Inc. according to the filing?

MillerKnoll, Inc. is classified under the Standard Industrial Classification code 2520, which corresponds to 'OFFICE FURNITURE'.

When is MillerKnoll, Inc.'s fiscal year end?

MillerKnoll, Inc.'s fiscal year ends on May 30th (0530).

What were MillerKnoll, Inc.'s former names?

MillerKnoll, Inc. was formerly known as Herman Miller Inc., Miller Herman Inc., and Miller Herman Furniture Co.

What is the filing date and the earliest event date reported in this 8-K?

The filing date is September 12, 2025, and the date of the earliest event reported is September 10, 2025.

Filing Stats: 1,155 words · 5 min read · ~4 pages · Grade level 13.3 · Accepted 2025-09-12 16:06:27

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 10, 2025, MillerKnoll, Inc., a Michigan corporation (the " Company "), and certain other subsidiaries of the Company, entered into a three-year accounts receivable securitization facility in the aggregate amount of up to $90.0 million (the " Facility "). The proceeds from the Facility will be used for general working capital purposes. The documentation for the Facility includes, among other documents, (i) a Credit and Security Agreement, dated as of September 10, 2025 (the " Credit and Security Agreement "), among MillerKnoll Receivables, LLC, a direct wholly-owned, bankruptcy-remote subsidiary of the Company (the " SPE "), as borrower, the Company, as servicer (in such capacity, the " Servicer "), the lenders from time to time party thereto (the " Lenders "), and Wells Fargo Bank, National Association, as administrative agent (in such capacity, the " Administrative Agent "), and (ii) a Receivables Sale Agreement, dated as of September 10, 2025 (the " Sale Agreement "), among the SPE, as company, the Company and certain subsidiaries thereof party thereto from time to time, as originators (the " Originators "), and the Servicer. The Facility has a scheduled termination date on September 8, 2028, unless terminated earlier in accordance with its terms. In connection with the Facility, the Originators have sold and/or contributed, and will continue to sell and/or contribute, certain accounts receivables generated in the ordinary course of their business (other than certain excluded receivables) and certain related assets (collectively, the " Receivables ") to the SPE pursuant to the Sale Agreement. Pursuant to the Credit and Security Agreement, the SPE may, from time to time, request advances from the Lenders subject to borrowing base availability. Such advances and other obligations of the SPE arising under or in connection with the Credit and Security Agreement and the other transaction documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits EXHIBIT INDEX Exhibit No. Description 4.1 Credit and Security Agreement, dated as of September 10, 2025, among MillerKnoll Receivables, LLC, as borrower, MillerKnoll, Inc., as servicer, the lenders from time to time party thereto, and Wells Fargo Bank, National Association, as administrative agent. 4.2 Receivables Sale Agreement, dated as of September 10, 2025, among MillerKnoll Receivables, LLC, as company, MillerKnoll, Inc. and certain subsidiaries thereof party thereto from time to time, as originators, and MillerKnoll, Inc., as servicer. 4.3 Performance Undertaking, dated as of September 10, 2025, by MillerKnoll, Inc., as performance guarantor, in favor of Wells Fargo Bank, National Association, as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 thereunto duly authorized. Date: September 12, 2025 MillerKnoll, Inc. By: /s/ Kevin J. Veltman Kevin J. Veltman Interim Chief Financial Officer

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