What Does Lumbar Spondylosis On MRI Suggest?

Hello Good evening..I have few questions regarding my case..Would like to mention the report as below:
1. LUMBAR SPONDYLOSIS
2. GRADE I ANTERIOR OF L4 OVER L5 DUE TO BILATERAL FACETAL ARTHROPATHY.
2. MILD POSTEROCENTRAL BILGE OF L2/3 DISC
3. DIFFUSE BULGE OF L4/5 DISC WITH POSTEROCENTRAL PROSTRUSION WITH BILATERAL FACETAL ARTHROPATHY RESULTING IN SOFT TISSUE CANAL STENOSIS.
4. NO OTHER SIGNIFICANT ABNORMALITY IS SEEN.
Above are the MRI reports and doctors Impression.. LOOKING FOR YOUR KIND REPLY AND ASSISTANCE REGARDING ABOVE.
Best Reagrds,
Sadique Ali.