Fluidigm Corporation entered into loan agreement on January 23, 2022, among the lenders party thereto affiliated with Casdin Private Growth Equity Fund II, L.P. and the company (Casdin Loan Agreement) and loan agreement, dated and effective as of January 23, 2022, among the lenders party thereto affiliated with Viking Global Investors LP and the company (Viking loan agreement, and together with the Casdin loan agreement, the loan agreements). Each loan agreement provides $12.5 million term loan to the company (term loan and collectively, the term loans). The term Loans were fully drawn on January 24, 2022.

The term loans mature on the 91st calendar day after the latest maturity date of the loans borrowed under the company's loan and security agreement, dated as of August 2, 2018 (as amended, the SVB loan agreement), with Silicon Valley Bank (Maturity Date). The proceeds of the term loans may be used for working capital and general corporate purposes. The company may not prepay the term loans under the loan agreements without the consent of their respective lenders.

The term loans are subordinated to the obligations arising under the SVB loan agreement. The term loans bear interest from and including the effective date of the loan agreements to but excluding March 1, 2022, at 10%, from and including March 1, 2022 to but excluding June 1, 2022, at 12%, from and including June 1, 2022 to but excluding September 1, 2022, at 14%, and from and including September 1, 2022 and thereafter, at 16%. Interest accrues daily and is payable in kind by adding the accrued interest to the outstanding principal amount on the last date of each month.

Principal, together with accrued and unpaid interest, is due on the maturity date.