AMERICAN SUPERCONDUCTOR CORP /DE/ 10-K

Item 2. PROPERTIES Our corporate headquarters and Grid manufacturing operations are located in a leased 88,000-square-foot facility in Ayer, Massachusetts. Additionally, we have Grid manufacturing operations located in a leased 77,500 square-foot facility in Westminster, Massachusetts, a leased 43,000 square-foot facility in Silesian, Poland, and a leased 125,000 square-foot facility in Cornélio Procópio, Paraná, Brazil, as well as an owned 40,000 square-foot facility in Queensbury, New York, an owned 150,000 square-foot facility in Bordentown, New Jersey, an owned 80,000 square-foot facility in New Milford, Connecticut, an owned 20,000 square-foot facility in Florence, New Jersey, and an owned 632,100 square-foot facility in Cornélio Procópio, Paraná, Brazil. We also occupy leased facilities located in Australia, Austria, India, Wisconsin, Washington, and the United Kingdom with a combined total of approximately 72,000 square feet of space. These leases have varying expiration dates throug h October 2030 w hich can generally be terminated at our request after a six-month advance notice. These locations focus primarily on research and development, sales and/or field service and do not have significant leases or physical presence. We believe all of these facilities are well-maintained and suitable for their intended uses. 35 The following table summarizes information regarding our significant properties, as of March 31, 2026: Location Supporting Square footage Owned/Leased United States Ayer, Massachusetts Corporate & Grid Segment 88,000 Leased Bordentown, New Jersey Grid Segment 150,000 Owned New Milford, Connecticut Grid Segment 80,000 Owned Queensbury, New York Grid Segment 40,000 Owned Florence, New Jersey Grid Segment 20,000 Owned Westminster, Massachusetts Grid Segment 77,500 Leased Poland Bielsko-Biala, Silesian Grid Segment 43,000 Leased Brazil Cornélio Procópio, Paraná Grid Segment 632,100 Owned Cornélio Procópio, Paraná Grid Segment 125,000 Leased Item 3. LEGAL PROCEEDINGS We are not party to any material legal proceedings. Item 4. MINE SAFETY DISCLOSURES Not Applicable. PART II